Banks fail to curb rates; people tap other sources

The RBI has been revising down its policy rates since the outbreak of the global financial crisis in September 2008.

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Budget cuts will see end of free services

THE public will have to start paying for government services that are currently delivered free of charge as a result of deep cuts in the budgets of Scotland’s local author

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President needs line-item veto to halt spending like C-17

If you receive a bill for $5,000 for something you didn’t order, and you don’t want, and wouldn’t use if you had it, would you pay the bill? No? Oh yes you will, you will pay it because it will come to you in the form of federal taxes to pay more than $6,000,000,000 for 25 C-17 military cargo planes which the military does not want and cannot possibly use. Don’t worry though, when we discover …

A look at global economic developments

A look at economic developments and activity in major stock markets around the world Tuesday: —— PARIS — With economic recovery barely there and talk of austerity spreading, many European workers are pushing back.

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Gold Shrugs off Bearish News and Continues to Build Firm Support Around USD1100

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