UK energy prices rise twice of EU average

The astonishing rise of gas and electricity prices in Britain have been a worrying trend to many British consumers. Those consumers may be distressed today to learn that gas prices in the UK have risen at twice the EU average. This may frustrate them considering that the UK...

Power prices in Pakistan go up by whopping 40pc

An unprecedented hike in prices of electricity by 40 per cent went into effect in Pakistan on Wednesday jolting a country of 160 million people already reeling under the highest inflation in the country’s history. www.maverickpakistanis.com

Argentina: President Christina Fernandez drops grain tax hike

In reaction to yesterday´s decision by Argentinean Congress to reject a bill on grain tax hike, President Christina Fernandez de Kichner decided to drop such proposal.  This decision is a double defeat for the current government. On one hand, it represents a forced bow...

India: Inflation touches new high of 11.91%

" NEW DELHI: The annual inflation rate climbed to 11.91 per cent for the first time in more than 13 years in early July, driven by higher costs of commodities and strong demand in the economy. This is a quarter per cent jump week on week. ( Watch ) The fuel, power and...

Indonesian bourse unlikely to rebound in 3 - 6 months due to oil cost, inflation

"As one of Asia's best performing markets in 2007, the Indonesian bourse has so far this year been struggling to revisit its record peak, but analysts believe it is not going to happen within the next three to six months. Soaring oil prices, which forced the government to...

Backpackers Go Missing in Denali Wild

These two young woman were supposed to be on a short backpacking trip through the preserve but haven't been seen since last week. This must be very hard for their families to have to deal with at this time. One of the women was supposed to be the maid of honor  in her...