A B.C. woman has been fined $500 for renting out a garden shed to a homeless couple and their three dogs.
A power cord that ran from the woman’s house in Kelowna, B.C., supplied electricity to the small metal building, for which she was charging r
Monetary policy remains in the hands of money-printing Keynesians like Ben Bernanke, while Americans were forced to choose between the two Keynesian presidential candidates – Barack Obama and Mitt Romney. Yet in China, policy-makers have begun welcom
Standard & Poor's cut Greece's sovereign long-term foreign currency credit rating to "selective default" from an already low "CCC" rating.
Last week Greece and its international lenders reached a deal to lower the country's debt burden, which incl
Standard & Poor's cut its credit rating for troubled Italian bank Monte dei Paschi di Siena -- the world's oldest surviving lender -- to speculative-grade status of BB+ from BBB-. The ratings agency said it was also placing the bank on negative outlo
The euro zone's economic downturn appeared to ease slightly in November, while U.S. and worldwide data provided indications that the chill that has gripped the global economy is improving.
Bank of Japan Governor Masaaki Shirakawa was feeling the heat in February when he was summoned to parliament five times to explain what he planned to do to get Japan out of its deflation doldrums.
A new opinion poll suggests that the German people are rather unenthusiastic about the Greek aid package (which their elected representatives just approved).
Latin American
stocks gained on Thursday as optimism U.S. political leaders may
avert a fiscal crisis fed demand for riskier assets, driving
Brazilian stocks to their highest one-day gain since
mid-September.
There's been a lot more talk about the "Japan problem" again lately, with growth flailing, the trade gap going negative, and the likely election of a pro-inflation candidate.
The 47-year-old banker also has strong ties with the UK – he is married to a British woman, studied at Oxford University and lived in London for a time while working for Goldman Sachs.
After 2 days of divisive talks, leaders from 27 European Union nations failed to reach an agreement on their trillion-dollar budget. The leaders met in Brussels to try to hammer out a strategic 7-year budget that aims to spur economic activity in Eur
Scientist Matt Ridley spoke on the parallels between the work of Adam Smith and Charles Darwin, as both markets and evolution are very similar examples of experimental processes that improve our standing in the world we inhabit.
The Philippines is richly endowed with minerals. So rich, in fact, that individuals can make an excellent living by mining illegal claims through dangerous, primitive methods.
Merkel's day of reckoning as taxpayer haircut on Greece looms ... Germany, Holland, and the creditor states of northern Europe have not lost a single cent on eurozone rescue packages, so far.
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