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What's next for EU sanctions? How hard will be Russia hit?

According to EU proposal regarding sanctions against Russia new measure will “prohibit any EU persons from investing in debt, equity and similar financial instruments with a maturity higher than 90 days, issued by state-owned Russian financial institutions…anywhere in the world.” Is this a step that could hit Russia hard, or not and why? 680 more words

Politics

Across US job market, layoffs are becoming rare

WASHINGTON (AP) – The risk of losing your job is getting smaller and smaller.

As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. 694 more words

News

IRA Contributions Hit Record High As Unpatriotic Americans "Save More, Pay Off Debt, Spend Less"

“In what could be the most unpatriotic report ever, Fidelity reports that average IRA contributions for tax year 2013 reached $4,150 – an all-time high… 52 more words

Economy

Wisconsin makes Minnesota offer on tax reciprocity

MADISON (AP) – Wisconsin’s latest income tax reciprocity offer to Minnesota does not include an additional payment of up to $6 million a year that its neighbor wanted, a demand that the head of Wisconsin’s Revenue Department derided Thursday as “unprecedented.” 273 more words

News

24 July 2014 News Round-Up

Infrastructural investment to drive mobile expansion in Ethiopia, DRC

The underdeveloped mobile communications markets of the Democratic Republic of Congo (DRC) and Ethiopia are set to expand substantially in the next three to five years, mainly driven by growing infrastructural investment, a report by Frost & Sullivan has predicted. 3,944 more words

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