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G4S is set to take a bigger hit over the Olympics security fiasco than the STG50 million ($A77 million) it originally estimated, according to reports. The head of General Motors in Europe says losses at its struggling German arm Opel will continue
The national debt is $16.4 trillion and every household owes about $140,000 of this debt. The government is way past due on the national debt. This country is borrowong nearly $6 million dollars every day. It may help to look at the arc of the
Ning Gaoning, chairman of the State-owned food processing giant, said the company is looking to expand its network of investments in the "world's major production areas" for agricultural goods, namely South and North America , Australia and Russia. "
China's fiscal spending rose 6.7 per cent in October from a year earlier, the Ministry of Finance said on Wednesday, pulling back from September's 16.6 per cent growth, but still led by strong growth in education expenditure. Buoyant government
The trading volume was less than 100 million yuan ($16.04 million). Since then, as more and more people are engaging in online trading, C2C and B2C businesses grew at an astounding pace in the following years...It's estimated that e-commerce trading
When the housing bubble burst in 2006, US policy makers looked to Japan for clues about what to do and not do in response. Now their attention is shifting to Europe as America gets set to follow that region with a concerted attack on its budget
The government's October 2012 Monthly Treasury Statement was released at 2 p.m. It tells us that the government took in $184 billion ($21 billion more than last year) while spending $304 billion ($43 billion more), leaving a $120 billion deficit.
The federal government started the 2013 budget year with a $120 billion deficit, an indication that the nation is on a path to another $1 trillion-plus deficit. The Treasury Department says the October deficit was 22 percent higher than the same
China is expected to tighten its management of the government's budget after President Hu Jintao called for stricter supervision from the National People's Congress, experts said. In a report delivered to the ongoing 18th National Congress of the
Abuja Plans by President Goodluck Jonathan to borrow externally to the tune of $7.905 billion (aboutN1.23 trillion), yesterday, was criticised by the Senate, as the lawmakers argued that there was no rationale behind such big loan. Some of the