VIENNA (AP) – Criminality worldwide generates proceeds in the trillions of dollars each year, making crime one of the world's "top 20 economies," a senior U.N. official said Monday. With the scope of global crime — and particularly organized crime — threatening emerging economies and fomenting international instability, Yury Fedotov called for concerted world action to combat the trend.
Three factors have increased concerns about the state of the global economy, according to British finance minister. ||| London - Stagnation in the euro zone, recession in Japan and geopolitical crises have increased concerns about t... Read Post
Governments of leading economies globally have more than $7.6 trillion (R61.3 trillion) of debt maturing this year, with most facing a rise in borrowing costs. Led by Japan’s $3 trillion and the US’s $2.8 trillion, the amount coming... Read Post
(Reuters) - Mergers and acquisition deals announced so far this year have topped $3 trillion, the highest since 2007, helped by mega deals in the healthcare, energy and power sectors. The total value of deals globally jumped about 4... Read Post