New UN Iran sanctions ready for full Security Council debate

The draft of a new set of more rigorous sanctions against Iran, to try to convince the Middle Eastern nation to suspend its uranium enrichment program, has been agreed to by the permanent members of the United Nations Security Council and Germany, which has also been participating in deliberations. The plan bans all arms […]

Japan to request EU accept its accounting rules

Japanese companies could be left out of capital markets in the European Union if accounting standards in used in Japan are not brought into compliance with EU accounting rules before a deadline set by Brussels. Japans Financial Services Agency says that while it has been working toward compliance, but that Brussels has asked for […]

Mixed results for US in effort to broaden Iran sanctions

US efforts to widen United Nations sanctions on Iran over its refusal to suspend its uranium enrichment program are meeting resistance from some permanent members of the UN Security Council as well as with other nations. The United States wants to expand sanctions beyond just the current focus on the Middle Eastern nations nuclear […]

Forbes Magazine lists 946 billionaires

According to Forbes Magazine, there are now 946 billionaires in the world. Up from 793 last year, those on the list are worth a collective $3.5 trillion dollars. Two-thirds of those who were on the list last year are richer this year, while 17 percent are worth less than they were last year. […]

Cash for your House

There are many reasons why you may want to sell your house to release cash equity from the value of their property, and a number of options are available to them.Increasingly popular is for a home owner to sell and rent back property to a company of house purchasers, who can pay cash for homes.The […]

China, US to talk about WTO complaint on government subsidies

China and the United States will meet at the end of March to talk about the complaint the US has filed with the World Trade Organization concerning what the US sees as illegal subsidies by the Chinese government to several industries, according to reports in the Chinese media. Among the industries the US believes […]

Survey: Eight of ten most expensive cities are in Europe

It is now more expensive to live in London than Tokyo, and the least expensive city in the United States, Atlanta, costs less than Casablanca, Morocco or Shenzhen, China. It is now also more expensive to live in Moscow than to live in New York City. A new survey from the Economist Group […]

China’s tax breaks for foreign companies reported to end

China is expected to end the special tax status it has granted to foreign companies operating in the Asian nation until now. The Chinese legislature, which meets beginning Monday, is expected to enact a new law that will raise the amount of taxes foreign companies pay there while lowering taxes for many Chinese companies. […]

UN sanctions could target Iran bank

In an effort to persuade Iran to suspend its uranium enrichment program, Western nations are considering whether or not to impose United Nations sanctions on Bank Sepah, Irans oldest bank. No decision on such an action had been made as of Wednesday, but diplomats from the five permanent members of the UN Security Council […]