Interview-New Romania PM eyes tax cuts to boost growth

By Reuters UK

Romania's new government will stick to this year's budget plan but aim to combine growth with austerity in 2013 by cutting personal income and sales taxes should it win an election in November, the prime minister said. (12:21 pm)

MORE TOPICS: IMF, ELECTIONS, INTERNATIONAL MONETARY FUND

John Lewis Sales Defy Dismal UK High Street Mood

By IBTimes UK

John Lewis online performed particularly well as the department store seen another consecutive week of double-digit sales growth. (9:59 am)

MORE TOPICS: RETAIL SALES, RETAIL, BANK OF ENGLAND

Europe slowdown adds more tension to Greek drama

By Reuters UK

Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart. (3:21 am)

MORE TOPICS: IMF, GERMANY, ELECTIONS

Angola: The Bloody 'Democracy' Of An Oil Republic

By IBTimes

As soon as the door opened, 15 men -- armed with pistols, machetes and iron rods -- burst into the house and began beating the young Angolan musicians and activists who were known for protesting against government corruption and the use of violent tactics to suppress political dissent. (12:56 am)

MORE TOPICS: CHINA, CRUDE OIL, HUMAN RIGHTS, ELECTIONS, NIGERIA, ANGOLA

Why Silver is a Buy

By LiveTradingNews

Why is Silver so important in today's industrial world? The Fundamentals Today, Silver is used for industrial purposes, decorations photography, and medicine. Its combination of strength, malleability and conductivity makes it a major element, in the commodity market. (8:53 pm)

MORE TOPICS: CHINA, GOLD, NYSE, CRUDE OIL, JAPAN, AUSTRALIA

Tokyo, Madrid, Istanbul Vie For Olympic (Pot Of) Gold

By IBTimes

Do host cities make money? (7:13 pm)

MORE TOPICS: GOLD, UNEMPLOYMENT, JAPAN, AUSTRALIA, EARTHQUAKE, BANK OF ENGLAND

Call My Bluff: Greece Dares EU As It Edges Closer To 'Drachmageddon'

By IBTimes

Greece, a country that accounts for less than 2 percent of the union's GDP, continues to wreak havoc among EU leaders as they plead and threaten the Mediterranean basket case to abide by a harsh medicine of tax rises, welfare cuts and liberalization. (5:56 pm)

MORE TOPICS: GERMANY, EUROPEAN UNION, MANAGEMENT

UK Falls Into Double-Dip Recession: Report

By IBTimes

The U.K. economy fell into a double-dip recession in the first quarter when GDP shrank 0.3 percent and contracted for the first time since 2009 on an annual basis, according to by the government's Office for National Statistics. (5:24 pm)

Data Disappoints in Europe, US

By iMoneywire

In economic news, the euro data was overwhelmingly negative, which interestingly enough did not propel the euro lower. (3:52 pm)

MORE TOPICS: UNEMPLOYMENT

Currencies and Commodities Creep Lower

By iMoneywire

In 2008, when the financial crisis was taking form, it was the US who sneezed and the world who caught a cold. (3:50 pm)