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India to UK: Keep Your Money, You Need it More

According to a report in the Telegraph, about a year ago, the Indian government said they wished to "voluntarily" give up aid from the UK, worth approximately £280 million a year. The Mirror quotes unnamed Indian ministers as saying the aid was "peanuts".
Hillary Clinton and Leon Panetta

Europe, U.S. Must Work Together: Hillary Clinton

Speaking at the 48th Munich Security Conference in Germany, on Saturday, U.S. Secretary of State, Hillary Clinton, said Europe and Washington D.C. must work together to recover from the ongoing crisis and reassured European nations the U.S. would not turn away from the continent. The last point comes in the wake of U.S. President Barack Obama's focus on Asia.
Demonstrators protest against Poland's government plans to sign Acta

Poland Backs Down on Acta Ratification

Poland's Prime Minister Donald Tusk halted the ratification process of an international copyright agreement, claiming more analysis was needed to the treaty.
Income Inequalities could Lead to Increased Borrowings

Million Dollar Bonuses: RBS Stephen Hester and Global Income Inequalities

How much money did each of us make in 2011? The chances are, no matter how much each of thought we made, it would have been peanuts compared to the big bucks that CEOs, Presidents of the Board and company Directors would have pocketed! Then consider the fact that median annual wages in the U.S. fell (for 2010) to $26, 364 (the lowest since 1999) and average wages in the UK (for 2011) were £25,900 (a miniscule ...