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  • China to allow US auditors access to records of Chinese firms China to allow US auditors access to records of Chinese firms

    BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...

  • Croatia looking to oil exploration in Adriatic Sea to revive economy Croatia looking to oil exploration in Adriatic Sea to revive economy

    ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...

  • UK urged by IMF to bring forward high value spending UK urged by IMF to bring forward high value spending

    LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...

  • Google boss warns students against censorship of net and digital ethnic cleansing

    Google's executive chairman Eric Schmidt and director of Google Ideas Jared Cohen have warned London School of Economics students against censorship on the internet and the dangers that 'digital ethnic cleansing' pose. Sky News quoted Schmidt, as saying that people will omit data if they want to restrict communication and information. He, however, agreed that any piece of information cannot be ...

  • Economics Daily Digest The real debt crisis

    USA Today ) Roosevelt Institute Chief Economist Joseph Stiglitz says he backs Elizabeth Warren's plan to let students borrow at the same discount rate as banks because student debt is holding back our economy, especially compared to countries that are actually doing something about it. Roosevelt Take: The Roosevelt Institute | Campus Network's policy ...

Movie Review

Lucky Number Slevin

Lucky Number Slevin

Warning: The following review contains major spoilers. Proceed at your own risk if you have not already seen the film. A major twist--no, the major twist--in Lucky Number Slevin relies entirely on the audience assuming that a long-winded story told near ... ...

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  • B.C.’s tourism industry bloodied by recession but unbowed

    Tourists pose in front of the Tantalus range mountains at a scenic spot along the Sky-To-Sky Highway north of Sqamish. Tourism accounts for about 126,700 direct jobs in British Columbia, and in 2011, the industry generated $13.4 billion in revenue, an increase of 1.4 per cent from the previous ...

  • China vows to further liberalize interest rates

    China will steadily push forward market-oriented reform in its interest rates and exchange rates mechanisms this year, a central bank report said on Friday.The central bank, or the People's Bank of China, has pledged to further optimize the credit structure to allow the financial sector to better serve the real economy, according to the report on China's financial stability.It calls ...

  • Pot Dispensary Economy Forced Into Shadows As More Banks Refuse To Do Business

    Despite a near-constant flow of customers at its Huntington Beach storefront, Patient Med Aid struggles with many of the most basic business tasks. It can't accept credit or debit cards for customer transactions. It has to pay vendors in cash. It uses cashier's checks to pay its taxes. The newly opened medical marijuana dispensary, like many clinics in the controversial industry, has ...

  • Overseas tax practices dog multinationals

    Influential U.S. Senator Carl Levin holds up his own Apple iPhone on Capitol Hill in Washington, Tuesday, May 21, 2013, as he presses Apple CEO Tim Cook for answers about how Apple, the world's most valuable company, diverts a billion dollars to an Irish subsidiary as a tax strategy, according to a report issued this week by a Senate subcommittee. (J. Scott ...

  • Royal Bank announces tough new rules on outsourcing

    RBC CEO Gordon Nixon wrote a public letter in April in which he apologized to employees affected by the outsourcing decision. (KEVIN VAN PAASSEN/THE GLOBE AND ...

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