A man walks past a Toshiba Corp logo displayed on one of its television sets in Tokyo, Japan, November 26, 2015. Reuters/Toru Hanai/Files Toshiba Corp (6502.T), reeling from a $1.3 billion accounting scandal, intends to ask for an additional 300 billion yen ($2.49 billion) in credit lines by the end of January to fund a…
DetailsBy: ENS Economic Bureau | Published:December 29, 2015 1:27 am What happened this year THE RESERVE BANK OF INDIA cut repo rate by 125 basis points. The Centre and the RBI also signed a Monetary Policy Framework agreement in February to maintain price stability and growth. As per the agreement, RBI would set the policy…
Details©Reuters What do you think eurozone policymakers need to do next to boost the regions recovery? Number of responses: 33 Anonymous Each economy has its own country-specific homework to do, but increasing productivity (for instance in Italy) should be very high on the policymakers agenda. Speaking from a eurozone perspective, I would like to see…
DetailsLONDON–(BUSINESS WIRE)–With 2016 on the horizon, a third of the UK population are expected to make a New Years Resolution, many of whom will attempt to quit smoking. This year, the government is set to offer e-cigarettes on the NHS for the first time, a move welcomed by the tobacco and pharmaceutical industries, who are…
DetailsRe: Ontarians urged to help province pay off its debt, Dec. 20 Ontarians urged to help province pay off its debt, Dec. 20 This plea could be more effectively summarized as follows: To the fools of Ontario, our government has wasted billions of dollars of your earnings through unbridled incompetence, thoughtless irresponsibility and wanton corruption.…
DetailsAn Israeli man allegedly attempted to sell his three-month-old daughter for almost £18,000 in order to pay off his gambling debts. The man, who has not been named but is believed to be in his 30s, claims he never intended to go through with the 100,000 shekels sale, insisting the offer was a ruse to…
DetailsMore than a quarter of consumers have overspent and gone into debt to fund the festive season, according to Aviva. The financial giant has revealed that reckless spenders will have to pay off an average £414 in 2016, rising to £519 when the age range is narrowed down to 45 54 year olds. Ouch. The…
DetailsTroubled training provider Vocation has collapsed into voluntary administration, just over 12 months since the company was forced to forfeit $19.6 million in government funding. The appointment of Ferrier Hodgson as administrators also comes after the training provider entered several trading halts during 2015. The public-listed company is also subject to three class actions…
DetailsA couple from Jerusalem has been detained for trying to sell their three-month-old daughter for 100,000 shekels ($26,000) to pay gambling debts. The father advertised the baby as healthy, but a physical exam showed that she suffered from severe neglect. Meet your new daddy, the father, 30, told his daughter giving her to an undercover…
DetailsWell, the stockings were hung with care and our Christmas trees sparkled for Christmas Day. We went over our list again and again, and checked off the most important people, thinking about how we could bless their lives. More likely than not, there was someone we forgot. Is this how your holiday shopping went? If youre…
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