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Minister of Economy and Finance of Iran says U.S. sanctions against Iran and the EU will only jeopardize the financial recovery in Western countries due to the reduction of Iran’s oil exports will trigger a rise in global petrol prices. “These sanctions have created many problems for us, but we have to overcome challenges and [...]

Rangers have a debt of U.S. $ 212 million. An Indonesian businessman named Jude Allen is rumored to be one member of the consortium “Sevco” who will take over the ownership of Scottish football giants, Rangers, which is currently being hit by financial difficulties. The consortium led by Charles Green, the former chief executive of [...]

NEW YORK — Oil prices slipped on Monday as investors worried about recession double (double-dip) of Spain and the deep fear that the euro zone’s fourth largest economy is likely to need a “bailout” the next major. New York’s main contract, West Texas Intermediate crude (WTI) or light sweet crude for delivery in June, ended [...]

Washington – Three-quarters of the world’s poor, living on less than two dollars per day, do not have bank accounts, further encouraging the vicious circle of poverty, the World Bank said in a statement Thursday. Lack of access to the bank that originated not only from poverty itself, but also because of cost, travel distance, [...]

Facebook to raise eyebrows for buying Instagram for U.S. $ 1 billion (USD 9.1 trillion) last week. However, it turns out the price for it is the result of bargaining with the CEO Facebook Instagram, Kevin Systrom. Systrom, president of the company by the number of employees are just as many as 13people, apparently asking price of U.S. $ 2 trillion (USD 18.2 billion) for the purchase of Instagram. The number was reported by the Wall Street Journal along with the moments of the negotiations between Systrom with Facebook CEO Mark Zuckerberg. Zuck apparentlyimmediately called Systrom on Thursday, April 5th, after he talks with Facebook COO Sheryl Sandberg. Zuck said he wanted to buy a new company. He direct “hands down”for fear Systrom be rejected if through a lawyer as usual. After informed Zuck, Systrom came from his [...]

New York – Stocks surged on Wall Street ended on Thursday (Friday morning local time), as traders grew “bullish” (excited) in the new economic indicators in the United States, Asia and Europe. The increase in all three major indexes exceeded 1.3 percent, with large increases in the pre-eminent among the Dow stocks, led by surging [...]

New York – Oil prices rose on Thursday (Friday morning local time), as the market prepares for an important meeting this weekend between the major powers with crude producer Iran to discuss the dispute over its nuclear program. New York’s main contract, West Texas Intermediate crude (WTI) or light sweet crude for delivery in May, [...]

Having a car without an auto or car insurance is considered illegal these days, especially if you are the citizen of the United States. Good news for you who are about to apply for an auto insurance, there are now many insurance companies are offering this insurance. Yet still, it is better if you choose [...]

London – Minister of Commerce and Industry of Norway, Trond Giske said that Innovation Norway, the official trade representative office the Government of Norway, will open its representative in Jakarta. This was revealed by Trond Giske at a meeting at Wisma Duta, Oslo, so Pensosbud Embassy in Oslo told AFP Dyah Kusumawadini London, Sunday. Trond [...]

Montreal – BlackBerry maker, Research In Motion (RIM) posted a quarterly loss – the first results are disappointing for the company’s new executive, a move to shake up the rankings over the struggling company. Waterloo company, based in Ontario, on Thursday reported a net loss of 125 million U.S. dollars (around Rp1, 14 trillion) for [...]