October 1, 2014
by Addison Morris
California Governor Jerry Brown on Tuesday signed a bill issuing a statewide ban against single-use plastic bags. Beginning in July 2016 grocery and convenience stores across the state will be required to supply reusable, multi-purpose bags to customers to be sold for profit. This law, the first ...[read more]
September 19, 2014
by Elizabeth LaForgia
Argentina's congress on Thursday passed a new law that would allow the government to intervene in setting prices and profits in order to ease high inflation rates. Economy Minister Axel Kicillof said the measure would defend consumers against monopoly power. However, local business leaders say the ...[read more]
September 16, 2014
by Alison Sacriponte
German prosecutors on Monday charged a 93-year-old former Waffen SS volunteer with aiding in the murder of at least 300,000 people during his time as a volunteer at Auschwitz. The man is accused of helping collect money stolen from the disposed luggage of inmates and transferring it to the SS's ...[read more]
August 5, 2014
by Taylor Gillan
The new Russian discount airline Dobrolet on Monday suspended all flights as a result of tightening EU sanctions against Dobrolet and Russia. The EU on Wednesday stated that the airline's service from Moscow to Crimea "facilitates the integration of the illegally annexed Autonomous Republic of ...[read more]
July 17, 2014
by Nicholas Tomsho
The European Parliament approved a resolution to allow Lithuania to adopt the euro as their official currency in a plenary session Wednesday. The resolution, which will make Lithuania the nineteenth nation to join the Eurozone on January 1, 2015, was passed by a vote of 545-116. "This is good news ...[read more]
May 21, 2014
by Nicholas Tomsho
The International Labor Organization (ILO) issued a report on Tuesday claiming that forced labor in the private economy generates $150 billion of profits worldwide every year. The figure is based on data published by ILO in 2012, estimating that 21 million people, more than half of them women and ...[read more]
May 6, 2014
by Rebecca DiLeonardo
US Attorney General Eric Holder said on Monday that the Department of Justice (DOJ) is in the process of investigating several financial institutions and criminal charges may follow. In the video released by the DOJ, Holder said that no institution is "too big to jail" and that his department ...[read more]
March 30, 2014
by Bradley McAllister
Cuba's National Assembly approved a law on Saturday that provides tax breaks and other incentives to attract foreign investors to grow business in the communist economy of Cuba. The Assembly voted unanimously in a special session to approve the law, which becomes valid within the next 90 days. The ...[read more]
February 24, 2014
by Neil Devlin
The 2008 financial crisis cost investors, consumers and businesses alike. Sub-prime lending practices devolved into a riskier regime from their time of inception to address disproportionate ratios in racial borrowing power in the 1980s to the housing bubble of the early 2000s. The bubble was ...[read more]
February 3, 2014
by Taylor Gillan
Corruption costs EU member states approximately ?120 billion each year, according to the European Commission (EC) EU Anti-Corruption Report released Monday. The first-ever EC report on the subject details the nature of corruption in each member state as well as the impact corruption has on the... ...[read more]

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