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UBS AG, the world's largest bank to the rich, has passed on information about 70 clients to U.S. authorities investigating tax evasion, a move that may undermine Switzerland's prized bank secrecy, the Washington Post reported.
Prime Minister Gordon Brown called on governments around the world to coordinate taxes and spending policies to shore up a slowing world economy. ...wants "better international coordination of fiscal and monetary policy, recognizing the immediat
A luxurious gold, pearl and emerald earring provides a new visual clue about the life of the elite in Jerusalem some 2,000 years ago. It dates to the Roman period just after the time of Jesus, said Doron Ben-Ami, who directed the dig.
DHL Express, Deutsche Post AG's overnight-delivery unit, will abandon efforts to compete with United Parcel Service Inc. and FedEx Corp. in the U.S., firing 14,900 workers and closing three-fourths of its outlets. The unit's losses, reorganiz
TREND #1: Falling Tax revenues . Every month of job losses and every company that fails results in more lost tax revenue. In 2007, the government collected $2.568 trillion from taxpayers. It will be less this year and next.
The most egregious example of Harman's disregard for participatory democracy is HR 1955 - the "Violent Radicalization and Homegrown Terrorism Prevention Act of 2007" - a frightening bill she slipped in the House for passage just over a
Obama used hundreds of millions of dollars in campaign funds to appeal to and manipulate this illiteracy and irrationalism to his advantage, but these forces will prove to be his most deadly nemesis once they collide with the awful reality that await
It’s a dog’s life when several doggie couples were married in a special ceremony in Chicago’s Oak Park.
The Incubus, the Hag, and Space Aliens: Are they a product of our imagination induced by a little-known sleep disorder called Sleep Paralysis?
At least one group of Obama supporters are lobbying for a national holiday for Barack Obama. They’re meeting at a Topeka, KS McDonalds and serving “Obama cake”.
But now we get to the heinous part. AIG should have no rights at this point. Zero. Zip. Nada. Yet the Fed is treating AIG as a party that has rights and is negotiating with them, as opposed to dictating terms. This is staggering.
Circuit City Stores Inc., the nation's second-biggest electronics retailer, filed for bankruptcy protection on Monday but plans to stay open for business as the busy holiday shopping season approaches.
It is testament to the sheepish nature of this country that we can have organs of our government literally grab an amount of money equal to the entire federal budget and operate it as a "black program", refusing to comply with Congressional
The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
“Basically,” he said, “we’re the bullet sponge.” That analogy is a measure of the profound and enduring difficulties in the war in Afghanistan, which this year became more deadly for Americans than the Iraq conflict. Obama has pledged to refocus the
Research found that neodymium, a magnetic substance contained in the MP3 player headphones, appears to impede proper functioning of the technology, posing a potential grave risk to patients who rely on the devices.
European stock markets opened higher Monday after Asia's markets were boosted by China's $586 billion plan to stimulate its economy, a main driver of global growth.
President-elect Obama's advisers are quietly crafting a proposal to ship dozens, if not hundreds, of imprisoned terrorism suspects to the USA to face criminal trials, a plan that would require creation of a controversial new system of justice.
Soon enough Obama will disappoint and people will learn they were fooled again (Publisher: Stephen has done us a great service by providing this information so early on. Read this article and you'll know what to expect)
After the collapse of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyrocketed to 231 million percent a year! (funny... everyone is smiling in the pictures)
Since the September 11 attacks killed around 3,000 people, an attack that would outdo it “by far” would have to be of a completely unprecedented scale.
I am saddened by the news that Marshall Fritz, my friend and constant source of inspiration, died yesterday at age 65 after a long struggle against cancer.
The United States military since 2004 has used broad, secret authority to carry out nearly a dozen previously undisclosed attacks against Al Qaeda and other militants in Syria, Pakistan and elsewhere, according to senior American officials.
As President-elect Barack Obama prepares to fill top positions for his incoming government some of the key individuals he will rely upon to tackle the country's most serious challenges are holdovers from the current administration
President-elect Barack Obama plans to push ahead with a middle-class tax cut soon after taking office Rahm Emanuel said Obama would not postpone a tax increase for families earning more than $250,000 a year despite the deepening economic gloom.
The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry. The Treasury Dept. issued a 5-sentence notice that attracted almost no public attention
Members of the Piedmont High School boys water polo team never expected to find themselves running through school in their Speedos to promote a bake sale across the street. But times have been tough since the school banned homemade brownies and cupca
President-elect Barack Obama is poised to move swiftly to reverse actions that President Bush took using executive authority, and his transition team is reviewing limits on stem cell research and the expansion of oil and gas drilling, among other iss
Israel’s Supreme Court have ruled that the government may destroy part of an ancient Muslim cemetery to build a new “Museum of Tolerance.” The cemetery contains the bones of past leading Muslim clerics and the warriors of famed Saladin who retook Jer
– American International Group Inc., the insurer bailed out by the U.S., may get lower interest rates and more time to repay its debt in a new government rescue package valued at more than $150 billion.
