Global economy

Inequality surges in world’s richest countries, esp. in times of crisis
Not only has social inequality risen in the industrialized nations over the past three decades, the economic crisis of 2008-09 sped up the deterioration as “pain of the crisis was not evenly shared,” a new report says.

May 19, 2013 04:18

US weakens fracking rules
The federal government has proposed a new set of national fracking rules that would weaken disclosure requirements. The proposal allows ‘trade secrets’ to remain unknown from the public, which has distressed environmental groups.

May 17, 2013 15:45

US seizes top Bitcoin exchange as crackdown begins
The US Department of Homeland Security seized a payment processing account Tuesday belonging to Mt. Gox, the largest international Bitcoin trader, claiming the monetary exchange service falsified financial documents.

May 15, 2013 21:40

Northern exposure: Ice melt inspires race for Arctic riches
Six countries have broken the ice and won Arctic Council observer status at the latest conference. Melting Arctic ice is exciting countries remote from the region, seeking access to promising hydrocarbon deposits and new logistics routes.

May 15, 2013 04:59

In Euro they trust. But at what cost?
While Europeans keep saying the introduction of the Euro was a good decision, it remains a mystery how the eurozone countries didn’t notice the single currency deprived them of any say in key economic decisions,a National Australia Bank expert told RT.

May 14, 2013 16:09

LinkedIn forbids prostitution listings, angering legal sex workers
LinkedIn, the social website that caters to professional networking, announced Monday that sex workers will no longer be able to use the online resume service to advertise their own personal brand.

May 15, 2013 00:22

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