Greece is teetering towards a default on its international loans, prompting Greek officials to seek the advice of European and International Monetary Fund officials to measures the financially challenged nation could do to speed up the release of its $11 billion anticipated aid.

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Gold was up Monday as European stocks fell and global demand for the precious metal continued.

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Ratings agency Standard & Poor’s announced on Monday that its president, Deven Sharma, will leave the company. He will be replaced beginning Sept. 12 by Douglas Petersen, chief operating officer of Citibank.

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Congolese authorities have taken steps to curb illegal fishing in their territorial waters to ensure the survival of fishery resources and boost food security.

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The settlement resolves CPSC staff allegations that Macy’s knowingly failed to report to CPSC immediately, as required by federal law, that it had sold children’s sweatshirts, sweaters and jackets with drawstrings at the neck between 2006 and 2010. Children’s upper outerwear with drawstrings, including sweatshirts, sweaters and jackets, poses a strangulation hazard to children that can result in serious injury or death.

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Israel-China relations, which have focused on cooperation in high technology, have shown signs of widening over the last several months to encompass closer defense and security ties and academic exchanges, people in the small community of bilateral specialists say.

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Lebanon may finally have a new government, ending a nearly half-year political vacuum, but it’s got a lot of catching up to do in order to set right an economy upset by regional turmoil and domestic uncertainty that has kept investors and tourists at bay.

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A crucial pact between the Bangladesh government and U.S. energy giant ConocoPhillips for deep sea gas exploration has sparked a dispute in the country as activists and allies announced a strike to protest the deal.

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Some research indicates that America is one of the most uninsured countries in the world when it comes to auto insurance, and one of the main reasons this is lies in how expensive auto insurance is these days. The fact is that America is in a recession, and many Americans can barely put food on the table, never mind consider premiums on an insurance policy. But we need a car to get to work, and so the uninsured issue rises. Unfortunately a lot of those uninsured Americans aren’t getting the required coverage due to a series of insurance myths that perpetuate the industry. Here we are going to banish [...] Continue Reading…