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World’s Wealthiest Countries – EU, Japan, US – Slip into Debt Crisis

Public debt plague highly-industrialized nations US and Japan, and nearly half of the EU members, amounting to more than 50% of their Gross Domestic Products (GDPs). Greece first gained worldwide attention, with the government owing 113% of its GDP and [...]

If You Wanted to Be Rich – How Much Money Would You Need?

The idea of being rich is a relative term – relative to the income of the person who is asked the question – if you wanted to be rich how much money would you need? But it would seem that even the once considered rich might not be struggling to [...]

Rising Price of Wheat Could See Other Food Stuff Prices Soar

As the price of wheat continues to fluctuate there is growing concern that the high prices of this basic food source will cause the prices of other foods to increase as manufacturers seek to offset their increased costs with higher prices for the end [...]

Credit Score Drops Tremendously in the US

Credit Score Drops Tremendously in the US. Credit score has reached new lows in 2010. It has been claimed by FICO (Fair Isaac Credit Organization) that around 25.5 % of consumers have low credit scores. Almost 43.4 million people have credit rating of [...]

Boost The Economy Through Extended Unemployment Benefits?

Extended unemployment benefits have been defined by the House and Senate as an pre-calculated sum of money paid to people who have been unemployed for six month or more. After the approval of the House and Senate, extended unemployment benefits are awaiting [...]

UK, Germany and France support taxing the banks

Paris, June 23rd: The three largest European countries on Tuesday solidified their commitment to direct bank taxes as part of the build-up to a summit meeting of the Group of 20 countries, where agreement on the matter is far from assured. In a joint [...]

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