By Sreeja VN | Sep 08, 2012 03:08 AM EDT The death toll in a series of earthquakes that struck southwest China's Yunnan and Guizhou provinces Friday has mounted to 80. Over 730 people suffered injuries. The Xinhua news agency quoted a spokesman with the provincial civil affairs department as saying that the toll could rise further as the damaged roads and the lack of infrastructure were hampering the rescue operations
By Eleazar David Meléndez | Sep 05, 2012 01:42 PM EDT While opinion polls in places like New Hampshire, Ohio, Nevada and Wisconsin continue to find no clear trend as to whether the residents will support a Democrat or a Republican for president, a new report by asset manager Wells Fargo Advisor Wednesday found those very states unambiguous in their spending preferences in running large budget shortfalls. It seems the toss-up "swing" states might be purple politically, but when it comes to fiscal policy, they all lean heavily red
By Eleazar David Meléndez | Aug 16, 2012 05:47 PM EDT Eighteen people were killed by South African police during a wildcat mining strike Thursday, in an episode that was captured entirely by TV news cameras and has stunned the nation, reminding many of not-too-distant days when police would shoot at anti-apartheid protesters. Police opened fire on a small group of strikers, downing dozens in a hail of bullets and dust
Billionaire George Soros Set To Marry For Third Time, Announces Engagement With Girlfriend Tamiko Bolton (PHOTOS)
By Valli Meenakshi Ramanathan | Aug 12, 2012 03:49 AM EDT Legendary investor and billionaire George Soros announced that he is engaged and all set to marry his girlfriend of last four years, Tamiko Bolton, during his 82 nd birthday celebration on August 11. Considered the seventh richest person in the U.S. with an estimated wealth worth $22 billion, as per Forbes, George Soros announced his engagement at a party at his summer home in Southampton, New York, Reuters reported.
Billionaire George Soros Set To Marry For Third Time, Announces Engagement With Girlfriend Tamiko Bolton
By Valli Meenakshi Ramanathan | Aug 12, 2012 03:49 AM EDT Legendary investor and billionaire George Soros announced that he is engaged and all set to marry his girlfriend of last four years, Tamiko Bolton, during his 82 nd birthday celebration on August 11. Considered the seventh richest person in the U.S. with an estimated wealth worth $22 billion, as per Forbes, George Soros announced his engagement at a party at his summer home in Southampton, New York, Reuters reported
By Eleazar David Meléndez | Jun 25, 2012 03:26 PM EDT A graphic published by Der Spiegel, Germany's top newsweekly, is making the rounds among global financial blogs and Facebook walls, succinctly putting into numbers the horrific economic carnage a collapse of the common currency union would entail. The image, based on calculations commissioned by the magazine and Dutch financial giant ING, suggests, as the article accompanying it states, that if the euro collapses "a monetary disaster would spread across the entire economy like a tidal wave." According to Der Spiegel, ING believes the first two years after the collapse of the euro zone would spur a contraction of one-eighth of the total economic activity in the union, making "the recession that followed the bankruptcy of investment bank Lehman Brothers seem like a minor industrial accident by comparison." The economies of Europe would remain depressed for over five years. According to the newsmagazine, internal projections at the German Finance Ministry were even more dire.
By Eleazar David Meléndez | Jun 15, 2012 02:57 PM EDT Ahead of what is likely to be a week full of drama, stomach-churning market action and likely violence in the streets of Athens, a German documentary is making the rounds online outlining severe socioeconomic dysfunction that led Greece to its current state of affairs.
By Sreeja VN | May 13, 2012 05:40 AM EDT Tens of thousands of Spaniards protesting against the economic crisis and the austerity measures marched on the streets of different cities in the country Saturday to mark the first anniversary of the "Indignados" (indignant) movement that ignited similar protests worldwide.
By Sangeetha Seshagiri | Apr 02, 2012 12:17 AM EDT For those who dream of marrying a billionaire here comes the good news. Forbes has come up with a list of the world's most eligible billionaire bachelors. From Facebook co-founder Eduardo Saverin who currently lives in Singapore to Russia's Mikhail Prokhorov, who contested the Russian presidential elections, most of them remain single currently. Take a look at some of the most eligible billionaire bachelors around the world: Comments Age:47 Net Worth: $13.2 B Russian owner of New Jersey Nets Source: REUTERS Age: 30 Net Worth: $2 billion Facebook co-founder living in Singapore Source: Facebook Age: 28 Net Worth: $1.5 billion German prince lives in a castle with his family Source: Wikicommons/Bardnet Age: 35 Net worth: $3.5 billion Japanese tech entrepreneur Source: Reuters Age:40 Net Worth: $2 billion Serial entrepreneur living in Southern California Source: Reuters Age: 50 Net worth: $2.3 B Founder and president of Berggruen Holdings, a private investment company.