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The number of fresh arbitration cases filed with the International Center for Settlement of Investment Disputes last year reached its highest level in four decades, the ICSID said in a report last week.
The Fed will drop its wavering plans for a fresh spate of monetary stimulus measures, according to Bernard Baumohl, chief global economist at the Economic Outlook Group.
The exit of one or more countries from the euro zone could drive gold prices significantly higher by the end of this year, according to a Friday Capital Economics report.
At a time when the UK is in a recession, what will the Olympics mean for the country's sagging economy? Will the event worsen the ongoing recession or help initiate economic recovery?
As Congress makes it easier for taxpayers to collect refunds from the Internal Revenue Services (IRS), scores of crooks have been stealing people's identities, costing the debt-ridden federal government billions of dollars.
Thalia Paraskeva, 24, was getting increasingly desperate. Equipped with a degree in graphic design from Athens, she had no luck finding a job in Greece. One day, she booked a ticket to Berlin and swiftly packed some dresses, a jacket, a pair of snug boots and a Greek-German dictionary before boarding the plane.
The financial situation in Iraq, one of the world's largest reservoirs of crude oil, has become grave.
For-profit colleges, which are squandering their resources at the expense of students' outcomes, are bilking the government and the public, a two-year investigation led by Sen. Tom Harkin (D-Iowa), chairman of the U.S. Senate Committee on Health, Education, Labor and Pensions, concluded.
The number of unemployed people across all 17 euro zone countries soared 11.2 percent to 17.8 million in June, up 1 percentage point from the year before, Eurostat, the European Union's statistical agency, reported Tuesday. Euro zone unemployment among people younger than 25 rose to 22.4 percent.
The wheat production downgrade, made after corn and soybean prices reached fresh, all-time highs, is a blow for global wheat suppliers, especially those in Russia, Kazakhstan and Ukraine, Barclays PLC said Monday.
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