Business & Economy

Some banks may have been experiencing a “full-blown financial crisis” due to a cash crunch arising from “failed fiscal and monetary policies”, according to a report. But the Arqaam Capital …

AFP Photo The International Monetary Fund’s steering committee on Oct. 8 called on member countries to use all policy tools to support a global economic recovery that continues “slowly and …

AFP Photo Oil rose more than 1 percent to four-month highs on Oct. 6, spurred by another informal Organization of the Petroleum Exporting Countries meeting on output cuts and plunging …

REUTERS photo Industrial output surged in August in three of the eurozone’s top economies, data released on Oct. 7 showed, providing evidence to of a rebound from the Brexit vote …

AP photo Global finance leaders on Oct. 6 publicly confronted the rising unpopularity of trade liberalization, saying world economies needed to strive for more inclusive growth. With Republican presidential candidate …

REUTERS photo Norway will dip further into its sovereign wealth fund next year to support the recovering economy but ministers facing a tight race for September elections warned the end …

Viagra Sausages A shop in the United Kingdom, is now selling sausages that contain ingredients that could help those suffering from erectile dysfunction. Fathers4Justice founder Matt O’Connor has launched a …

Candles that smell like new Apple MacBook A company began selling candles that smell like brand new Apple MacBooks. The product is being sold by Twelve South, which is based …

Turkey has ratified the payment of $1 million to the Catastrophe Containment and Relief Trust, the Official Gazette reported on Oct. 4.     Deputy Prime Minister Mehmet Şimşek signed …

The International Monetary Fund on Oct. 4 said protectionist political trends risked “turning back the clock” on free trade, warning of a low-growth future for the global economy. In its …