IMF chief says SMS tax could help Philippines

International Monetary Fund chief Christine Lagarde urged the Philippines on Friday to tax mobile phone messages to shore up state funds in a country sometimes called the world's text message capital.

Economic freedom report: US continues slide, drops to 18th

(Phys.org)—The United States, long considered a champion of economic freedom, plunged to No. 18 in new rankings published in the 2012 Economic Freedom of the World, an annual report co-authored by Florida State University ...

Is the Greek haircut a snip too far for investors?

Research from the University of Reading suggests that the recent bail-out for Greece could lead to decades of legal actions as disgruntled investors sue for compensation.

Data breach put 1.5M numbers at risk

(AP) -- A company that processes credit card transactions said Monday that as many as 1.5 million card numbers were compromised in a data breach early last month.

A policy of mass destruction

A new analysis showing how the radical policies advocated by western economists helped to bankrupt Russia and other former Soviet countries after the Cold War has been released by researchers.

Africans consumers targeted as key by electronics firms

From solar-powered lights to televisions that can withstand power blackouts, electronics mega-firms are wooing African consumers with products that target local, often challenging, environments.

Irish PayPal expansion to create 1,000 jobs

US online payments giant PayPal is to create 1,000 new jobs in Ireland in a major expansion of its operations in the eurozone member, Prime Minister Enda Kenny said on Tuesday.

Greek teen arrested over ministry cyber attack

Greek police said Monday they had arrested an 18-year-old suspected of hacking into the justice ministry's website earlier this month, an attack claimed on behalf of online hackers group Anonymous.

French version of Huffington Post online on Monday

The French version of the US socialite blogger Arianna Huffington's news website, the Huffington Post, will go online Monday, hoping to repeat the success that made her an Internet multimillionaire.

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