$85 billion austerity hit lines up US economy
An $85 billion dollar austerity time bomb was to detonate against the US economy Friday, as President Barack Obama blamed a Republican refusal to compromise for a failure to avert "dumb" spending cuts.
02 March 2013
Royal Bank of Scotland posts 2012 net loss of £5.971 billion
State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.
28 February 2013
Australian government pension fund dumps tobacco
The Australian government's pension fund for public servants Thursday announced it would sell off its Aus$222 (US$228) million holdings in tobacco companies following the nation's move towards plain packaging.
Britain loses AAA rating in Moody's downgrade
Moody's stripped Britain of its triple-A debt rating Friday, saying government debt was still mounting and that growth was too weak to reverse the trend before 2016.
Merger of Kazakhstan’s pension funds planned since 2010
A foreign company interested in the local market suggestion to merge all the Kazakhstan pension funds into one and transfer it to foreigners for management was made in 2010: source.
19 February 2013
Almaty drivers fined 1 billion tenge in 2 months
Over 98 thousand violations of traffic rules were registered and 95 thousand tickets worth over 1 billion tenge were issued in Almaty since December 2012.
EU states want 'fair tax share' from big business
The finance ministers of Britain, France and Germany on Saturday launched a new drive to force big business to pay its fair share of tax and halt the schemes of top firms to keep payments to a minimum.
16 February 2013
Britain warns against 'economic warfare' on forex at G20
British Finance Minister George Osborne warned against "economic warfare" as the G20 states of top world economies met hoping to allay fears they could devalue national currencies to boost economic activity.