Category Archives: World Finance News

tax evasion

New Penalties for Offshore Tax Dodgers

New penalties have been laid out by chancellor George Osborne for people who avoid paying tax by keeping their funds abroad. Those who commit this kind of tax evasion could…

US Government

US Economy Still Suffering from Government Shutdown

The US government shutdown in October, and related concerns about a possible debt default, are still leaving a negative mark on the US economy. The footprint of this can partly…

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Gold Mining Troubles In South Africa

The South African gold industry is known to be very lucrative in its business transactions, but it seems that this image is true for only those at the top of…

TradeDeficitDec2012

Trade Data Anticipates US Economic Recovery in Fourth Quarter

According to the latest data, the US economy is expected to recover in the fourth quarter. The data speculated that a sudden plummet in the GDP announced by the government…

DELL’s Deal to go Private

The U.S. Company DELL Inc. which is owned by the Billionaire CEO Michael Dell confirmed a deal for the company. Currently Micheal Dell is a 16 per cent shareholder of…