KLOSI News - KLOSI

Economies kept afloat by laundered cash

Until we find the political will, the establishment will be happy to ignore the dirty crimes behind today's dazzling fortunes. ...

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Barack Obama to tax the rich

President Barack Obama has announced that he would not extend tax cuts for the richest Americans passed by George W Bush, arguing that the country could not afford the luxury of aiding the wealthy. ...

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Coping with online threats

While the IT Act legislates against crimes such as identity theft and phishing, it does not contemplate the tools of modern cyber crime......

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Obama unveils $50-billion plan

The White House hopes to win quick passage of the $50-billion measure, which would be the “front-loaded” first part of a broader measure to reauthorise transportation funding ......

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BE para një krize tjetër?

Para tre muajsh BE përgatiti paketën e shpëtimit për eurozonën. Por kriza nuk është kapërcyer ende. A vjen pas solidaritetit europian tani një valë populizmi dhe proteksionizmi?...

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Microsoft to power Yahoo search

According to recently published data, Yahoo and Microsoft have a combined 28 per cent share of the US search market, while Google has a roughly 66 per cent share. ...

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Beijing's ten-day traffic jam drags on

Beijing, like many of China's big cities, has invested heavily on widening roads, building towering flyovers and expanding its subway system....

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Debate on extending tax breaks heats up

“The debate is expected to be vociferous, as Republicans and businesses have argued that increasing taxes on the top income classes would “choke the economic recovery.”...

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Zimbabwe sells cleared “blood diamonds”

KP monitor for Zimbabwe Abbey Chikane certified the gems before the sales were conducted at the Harare International Airport....

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Medvedev wants South Africa in BRIC

Russian President Dmitry Medvedev on Thursday voiced support for South Africa's bid to join the BRIC group, which unites Brazil, Russia, India and China....

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30 billionaires pledge half their fortunes

Bill Gates' and Warren Buffett's campaign, which is not bound by cause, draws in top names. ...

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Apple becomes richest tech company

The iPhone, iPad, iPod and Mac computer maker has accumulated a cash pile that totals nearly $46 billion, the biggest cash hoard among US tech companies and equivalent to one-fifth of Apple's market capitalization. ...

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World Bank highlights African land grab

Draft report claims investor interest is focussed on countries with weak land governance. ...

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'New recession in 2012'

Jim Rogers, the market sage, has warned the global economy is just two years away from another recession, but remains ill-prepared to cope with the after-effects. ...

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Debit or credit card: Which is better?

Debit cards are ideal for drawing cash. Off the top of my head, I don't know of any which charge fees for cash withdrawals from non-commercial machines or over-the-counter transactions in branches....

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Diamonds can make the difference

To NGOs, the gems represent the repression they campaign against. But these riches could transform the country. ...

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Germany, China ink deals on trade

“Chinese companies, like those of many other countries, enjoy very good access to the German market..."...

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Well integrity tests put off

BP noted that “The relief wells remain the sole means to permanently seal and isolate the well.”...

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Biggest defaulters on mortgages are the rich

More than one in seven homeowners with loans in excess of a million dollars are seriously delinquent....

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Sells for $10 m

“Silver Liz” was painted in 1963, the year Ms. Taylor became the first actress to earn $1 million for a role....

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Rich countries' emissions at record low

It is likely that a recovering economy would cause emission levels in industrialised countries to go up. ...

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Tycoon trio wins control of Le Monde

The world's leading French-language newspaper has been struggling to survive in the Internet age and called for investors willing to buy into the loss-making daily......

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Soros warns Germany

Mr Soros said Germany was treating the deeply-flawed Maastricht Treaty as it were a "sacred text", warning that monetary union cannot endure for long as a narrow......

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Euro në krizë. A duhet të eliminohet ajo?

Gjermania ka paraqitur një plan me masat më shtrënguese ekonomike që prej luftës së dytë Botërore, me synimin për të ulur borxhin publik në nivelet e caktuara nga BE-ja,...

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Obama pressures BP on compensation

Over the weekend the White House joined the growing public clamour for BP to set up an escrow account to provide compensation for the clean-up......

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How to manage your money online

Today, some of the best investment opportunities are available online without hassle and without any intermediaries. ...

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Euro plunges to four-year low

The euro fell to as low as $1.2243 in Tokyo trade — its lowest since April 2006 — from $1.2358 in New York on Friday....

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Eurozone economy grows 0.2% in Q1

The eurozone economy still has a long way to go to make up for the output lost during the recession and the debt problems afflicting a number of economies......

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Recession cuts labour taxes

For single workers, Belgium, Hungary and Germany recorded the highest “tax wedges” at 55.2 per cent, 53.4 per cent and 50.9 per cent, respectively....

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BE-ja bie dakord për një fond emergjence

Zyrtarët dhe diplomatët në Bruksel shpresojnë që mekanizmat e stabilitetit do t'i qetësojnë shqetësimin e tregjeve financiare lidhur me pamundësinë në Evropë për të paguar borxhet....

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Euro zone crisis: a global problem?

Political leaders in Germany, France and other countries with stronger economies must show that they have the political will to sustain the unique economic experiment....

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One million iPads sold

The level of demand in the U.S. alone, where the iPad launched on April 3, forced Apple to announce it would delay the tablet's international release by a month, until late May....

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Greece unions vow battle on cuts

EU Economic Affairs Commissioner Olli Rehn said he was confident that the Finance Ministers of the 16-nation eurozone would approve the loans....

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Shanghai opens World Expo

The Expo opens to the public today, with pavilions from almost 200 countries designed to entertain the Chinese people and build business ties. ...

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BlackBerry launches new smartphones

"The new BlackBerry Bold 9650 is an extraordinary smartphone that we think customers will love,'' said RIM president and co-CEO Mike Lazaridis. ...

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Euro slides on Greece fears

The euro fell for the first time in five days and Greek bonds tumbled on Thursday on fears that the EU-IMF bail-out agreed at the weekend may not prevent the region's debt crisis spreading. ...

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New Russian gas pipeline to Europe

Russian President Dmitry Medvedev, who flagged off the seabed construction on Friday, said the new pipeline would ensure stable Russian gas supplies to Europe and help avoid transit problems....

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Bernanke harps on fiscal discipline

In a speech to the Dallas Regional Chamber of Commerce, Mr. Bernanke said addressing the fiscal challenges posed by an aging population would require “a willingness to make difficult choices”....

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Number of Chinese billionaires "second only to U.S."

The country with the biggest concentration is the U.S., with 403. But China comes second with 64 living in the mainland....

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Google in China

As the Internet evolves, governments are challenged to respond to the new information culture without curbing free speech....

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Dubai World to get $9.5bn bailout package

The government fund would be channeled through the Dubai financial support fund to Dubai World and its arms. ...

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Obama signs jobs bill into law

Speaking before signing the bill, Mr. Obama struck a cautious note saying, “I'm signing it mindful that, as I've said before, the solution to our economic problems will not come from government alone....

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Eastern Europe, Central Asia warned of energy crunch

According to the report, demand for primary energy in the region was expected to increase by 50 percent by 2030, while demand for electricity was expected to increase by 90 percent....

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10 Little-known facts about .com

According to a new ITIF study, the dotcom domain has become the platform for $400 billion in annual economic activity, a number that is expected to rise to $950 billion by 2020. ...

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4 million jobs vanished in 2009 in EU

Eurostat says the highest number of job losses were in the manufacturng industry, construction and trade, transport and communication services....

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World's 10 richest techies

According to Forbes, Slim's fortune swelled to an estimated $53.5 billion, up $18.5 billion in 12 months....

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Dispelling Greek myths

The country's budget deficit is €300 billion. It owes $75.5 billion, $64 billion, and $43.2 billion to French, Swiss, and German banks respectively....

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Spain smashes massive rogue PC network

Mariposa had infected machines in 190 countries in homes, government agencies, schools, over half of the world's 1,000 largest companies and at least 40 big financial institutions....

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World's top 10 fastest supercomputers

The world's fastest supercomputer is Cray XT5, also known as Jaguar. Jaguar bags the no. 1 spot, beating IBM's Roadrunner, who has been holding the top crown since past 18 months. ...

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G20 summit preparatory talks end in SKorea

"I'm confident that South Korea, host of a G20 summit this year, will be able to do its coordinating job successfully." ...

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Switzerland to stop undeclared funds into its banks

The government would draw up various solutions to prevent new, undeclared funds from coming to Switzerland. ...

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GM chief gets $9 million

Edwards E Whitacre, chief of General Motors, will receive an annual compensation of $9 million ....

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Obama targets outsourcers, China

“The same is true where you have companies that have 90 per cent of their sales in the U.S., but are posting 90 per cent of their profits overseas....

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China is world's No. 1 exporter

Last month, China’s customs agency said that total 2009 exports were more than $1.2 trillion......

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Obama unveils $3.83-trillion budget

Echoing the pledge in his State of the Union address to make job creation his top priority, Mr. Obama put forward a budget ...

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Global stocks decline

Traders worried over the pace of economic recovery....

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China to build world's highest airport in Tibet

The airport construction is planned for 2011 with a construction period of three years....

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Curbs on financial excess

The reform proposals, which mirror some of the policies enacted in the EU, include tighter regulation of derivative ......

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Harvard Business Review turns a page

“I think we’ve kind of insulted our readers’ intelligence with the assumption that everything has to be serious, everything has to be long form.” ...

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CIA can access EU bank records

The CIA is to be given broad access to the bank records of millions of Britons under a European Union plan to fight terrorism....

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Google to limit news access

Publishers will be able to set a limit on the number of articles people can read for free through Google using the First Click Free initiative. ...

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U.S. economy posts growth

“It will take sustained, robust ... growth to bring the unemployment rate down substantially..."...

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'UK out of recession by Christmas'

Prime minister vows to restore growth and reform financial sector by end of year....

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Raport i BB për ndryshimet klimatike

Vendet në zhvillim do të vuajnë më së shumti nga thatësirat ekstreme, mungesa e ushqimit dhe katastrofat e tjera natyrore... ...

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Bernanke: Economic recession is "over"

"I feel quite confident that a comprehensive reform will be forthcoming", Bernanke said....

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Summer Davos in Dalian

"Dalian is chosen based on her preferential facilities and environment and the reputation as a New Champions city"—Andre Schneider, COO of the World Economic Forum...

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UK recession is over

The forecaster warned however a return to growth should not be confused with a full economic recovery....

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Rruga e Arberit

Kryeministri, Berisha mori pjesë sot në inaugurimin e fillimit të punimeve për ndërtimin e Lotit 1 dhe 2 të rrugës së Arbrit, që përfshin segmentin dalje Ura e Vashës- Bulqizë....

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Google profit jumps 18% in second quarter

The Internet giant earned 1.48 billion U.S. dollars in the quarter, compared with 1.25 billion dollars in the same period a year earlier....

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British unemployment hits 12-year high

The ONS data also showed that unemployment claims rose by 23,800 in June, much less than analysts' forecast of 40,500....

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U.S. budget deficit tops $1 trillion

Fears of higher interest rates, inflation and dollar strength....

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G8's step forward

It is the first time that the G8 leaders have accepted such a political goal in the global fight against climate change....

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EU summit to tackle unemployment

As the European Union's jobless population has been swelling in recent months, leaders from the 27-member states of the bloc are set to tackle the problem of unemployment at the EU summit on June 18-19....

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Bill Gates optimistic about opportunities for innovation

"The main reason is that the opportunities for innovation are stronger today than ever," Gates noted. ...

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Krugman says worst of economic crisis over

Paul Krugman was awarded the Nobel Memorial Prize in Economic Science in 2008. ...

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Recession in Australia inevitable, says Rudd

In February, Westpac Bank's leading index of economic activity pointed to more trouble for the Australian economy. ...

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Obama's economy shows "glimmers of hope"

"From where we stand, for the very first time, we are beginning to see glimmers of hope," Obama said in a speech at Georgetown University in Washington. ...

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Microsoft and Yahoo start new talks

Talking to Wall Street analysts, Ballmer confirmed that he thought fresh blood could kickstart discussions....

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China a great power

Describing China as a “great power”, Mr. Obama said America’s relations with Beijing had become “extremely constructive”. ...

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G20 summit: 20 fascinating facts

World leaders, diplomats and demonstrators are heading to London for the G20 Summit. ...

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Dubai vuan pasojat e krizes

"Është bërë si lojë shahu. Duhet të reagojmë. Mua më pëlqejnë sfidat, ndaj edhe po qëndroj”. ...

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Madoff pleads guilty, jailed

“As the years went by, I realized my risk, and this day would inevitably come. I cannot adequately express how sorry I am for my crimes.” ...

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Gates, me i pasuri i planetit

Vitin e kaluar Gates humbi vetëm 18 miliardë dollarë dhe llogaria e tanishme arrin 40 miliardë dollarë. Buffet ka 37 miliardë, ndërsa Slim - 35 miliardë dollarë. ...

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HSBC to raise £12bn in rights issue

Bank to close US lender HFC to new business and announce swingeing dividend cut . ...

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Referendum për tregun e punës

Zyrtarët e BE-së kanë lënë të kuptohet se, nëse referendumi i nesërm rrëzohet, do të shkaktonte anullimin e marrëveshjeve të tjera Zvicër-BE....

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Sarkozy: BE dhe kriza

Sarkozy ka vëne në përdorim një paketë stimuluse prej 26 miliarde eurosh, përfshirë këtu projekte për infrastrukturë, rinovime, e një sërë masash të tjera. ...

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Klaus Shwab

Për kritikët Forumi Ekonomik i Davosit është simbol i elitës së pasur arrogante, e cila feston për veten në një vend kurimi të Zvicrës. ...

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FEB,Davos

Forumi filloi sot në vendpushimin e skive në Alpe dhe do të vazhdojë deri më 1 shkurt. ...

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Ekonomia britanike në recesion

Kryeministri Gordon Brown bëri thirrje për bashkëpunim ndërkombëtar për të përballuar krizën ekonomike globale....

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Microsoft cuts 5.000 jobs

Microsoft is cutting 5,000 jobs over the next 18 months, nearly 5% of its workforce, following a deterioration in the PC market....

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Credit crisis

Suddenly, one August day last year shook the world, turning an Edwardian summer of prosperity into a grim financial crisis....

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Dragons Paphitis and Meaden face losses

BBC Dragons Theo Paphitis and Deborah Meaden face losses after green haulier JPM Eco Logistics called in the administrators. ...

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Forcohet Euro

Me hyrjen e Sllovakise ne Bashkimin Monetar Europian me 1 janar 2009 eurozona arriti 329 milione vete. Euroja po tregon nje ecuri te mire edhe ne kohen ...

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Bernie Madoff 'in hell' hot sauce launched

A New York artist has come up with a novel way to scorn the disgraced Wall Street financier Bernard Madoff: a bottle of hot habenero sauce called "Bernie in hell". ...

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