News
Global Prosperity Index: U.S. behind China in economic rankings
November 02, 2011Legatum Institute/ London -- U.S. scores high on measures of public health and entrepreneurial environment but falls behind China in economic rankings. New EU members outperform Portugal, Italy, Greece, and Spain on key indicators. A new study published...
HARP: A new way forward on housing in the United States?
October 31, 2011Karen Dynan/ The Brookings Institution/ Washington, DC -- Federal regulators announced a new plan [on Oct. 24, 2011] to help households whose homes are worth less their mortgage refinance into new mortgages with lower monthly payment. The changes should...
Doing Business in a More Transparent World
October 21, 2011By Diana Ungureanu/ Chisinau / Moldova. ORG/ -- Because we are at the end of the year, here we have an extensive and well-done report – “Doing Business 2012: Doing Business in a More Transparent World”. Here you can find some data about...
European Crisis: Precise Solutions in an Imprecise Reality
October 05, 2011By George Friedman -- An important disconnect over the discussion of the future of the European Union exists, one that divides into three parts. First, there is the question of whether the various plans put forward in Europe plausibly could result...
Default in the Eurozone - the impact for the Transatlantic economy
September 22, 2011By Joe Quinlan and Peter Sparding / Washington / GMF / -- A specter is haunting Europe — the specter of default in the eurozone. At the core of the problem is Greece — one of the smallest yet most heavily indebted economies in Europe. The...
WikiLeaks to sue Visa, Mastercard
July 05, 2011Elena Vnorovscaia / Chişinău / Moldova.ORG / -- Whistle-blowing outfit WikiLeaks and DataCell, which handles credit card payment processing on its behalf, have announced they intend to sue Visa and Mastercard after the credit card merchants blocked...
Greece has formally requested a new loan from the EU and the IMF
June 24, 2011By Larisa Muntean/ Chişinău / Moldova.ORG/ --Greek Prime Minister George Papandreou on Thursday evening formally requested a new plan for financial aid from the EU and the IMF, after the value of 110 billion set a year ago, the European Union announced...
Moldovan wines took gold medals at the Bordeaux Winexpo exhibition
June 23, 2011Mariana Puzderi/ Chișinău / Moldova.ORG/ -- 11 Moldovan wine producers took part in the famous world exhibition in France. Experts in the field of wine considered a success the presence of such a large number of Moldovan companies at this prestigious...
Australia strikes broadband deal with Telstra and Optus
June 23, 2011Australia's two biggest telecoms companies have joined the government's A$36bn (£24bn) plan to roll-out high-speed internet across the country. Telstra and Optus will close down their infrastructure and transfer customers to the state-owned National...
Greece: Athens faces moment of truth, EU's Barroso says
June 21, 2011Greece faces a "moment of truth" as the government battles to win support for austerity measures, EU Commission President Jose Manuel Barroso has said. A vote of confidence late on Tuesday is a first step towards a vital 12bn euro ($17bn; ...