Topic: Financial Times Ltd.
The economy is in a slump, but the Fed is printing up money to fix the problems. And what we see are a lot of mixed signals.
02/19/2011 03:05 am
Sure, the recession is technically over. But after such a massive stimulus, shouldn't there be bigger results?
02/17/2011 11:26 am
The protests sweeping the Middle East reached Libya Tuesday night as hundreds turned out in Benghazi, known as a locus for government opposition figures.
02/16/2011 08:46 am
Mikhail Prokhorov, one of Russia's richest men – and the owner of the New Jersey Nets basketball team – has announced that he will challenge Vladimir Putin in the March 2012 presidential elections. His move to throw his hat in the ring has thrown the spotlight once again on Russia's billionaires. A record number of billionaires now call Russia home – 114 of them, according to an annual list of the 500 richest Russians published in February by the Moscow-based Finans magazine. The number of billionaires is up from a mere 77 in 2009. To make this year's list, a Russian tycoon had to be worth at least $160 million. The assets of the top 10 grew last year by a whopping 30 percent to a combined worth of $182 billion. The bonanza has yet to reach Russia's struggling middle class; average incomes rose a paltry 4 percent last year, according to the state statistics agency Rostat. To be a former associate of Prime Minister Vladimir Putin helps, apparently. According to the magazine, Arkady Rotenberg, who did judo training with a teenaged Mr. Putin, jumped 17 places to become Russia's 63rd richest person, worth $1.75 billion. Two neighbors from Putin's summer home community near St. Petersburg also shot through the ranks this year to become the 115th and 184th richest persons. Here are the top five:
02/14/2011 04:18 pm
Street protests in Gabon, a punishing stalemate in Ivory Coast, a coming election in Uganda: there is plenty of news even as Africans remain glued to the Egypt revolt. Some of it may affect the price of your next steaming cup of cocoa.
02/14/2011 12:13 pm
As the extradition trial in Britain ended, the defense for WikiLeaks founder Julian Assange argued that the Swedish prime minister's recent comments have 'vilified' Assange in Sweden.
02/11/2011 12:22 pm
Terrorism & Security Pakistan court extends detention of US official despite growing pressure from US
A Pakistan judge further extended the detention of a US official accused of shooting two Pakistani men, increasing already-existing diplomatic strain between the countries.
02/11/2011 09:40 am
If you fear the Fed's up to no good printing money, it's time to buy gold.
02/03/2011 02:00 pm
Terrorism & Security Tunisia struggles for stability and a fresh start as Egypt protest turns violent
Tunisia's interim government is facing growing pressure to purge security forces and the government of figures who were loyal to former President Zine El Abidine Ben Ali.
02/02/2011 04:03 pm
Moderate Islamist leader Rachid Ghannouchi returned to Tunisia from exile Sunday, insisting that he's a democratic Islamist leader and that he will not run for office.
01/30/2011 01:17 pm