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Finance & Economics

IRAQ: Political uncertainty causing aid funds to dry up?

A lack of funds from international donors in 2010 has hindered UN and NGO assistance programmes for the most vulnerable Iraqis, leaving many of the country’s pressing humanitarian needs unaddressed, says a UN mid-year review report.

BANGLADESH: Unemployment, food prices spur growing hunger

Rising unemployment and food prices and a sluggish economy are taking their toll on Bangladesh, where a growing number of people are struggling to survive.

Hot Chocolate: Somebody Just Bet $1 Billion On Cocoa

Big action in chocolate: Somebody bought almost all of the cocoa registered in European warehouses last week.

Lack of funding hampering aid efforts for Iraq’s most vulnerable, UN warns

The United Nations humanitarian arm warned today that a lack of funding is hampering efforts to assist vulnerable Iraqis, with food distributions to hundreds of thousands of pregnant women and schoolchildren already having been suspended.

Economists: Recovery Continues, But More Slowly

Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs, but the pace of growth has slowed, a new survey shows.

Jobs says there will be no free iPhones

Apple's CEO, Steve Jobs, has rejected suggestions that new improved iPhones should be handed out to buyers of the newest version.

IMF and EU suspend funding to Hungary

Hungary is facing increasing pressure on its ability to fund government programs, after key support was suspended on the weekend.

You Tube under fire now for Moat tribute

You Tube is being criticized by some social groups in the UK for not removing a tribute video to Raoul Moat, the man who shot several people in the UK and became the subject of a massive manhunt.

Millions of Muslim Facebookers appeal to company

A template letter posted into numerous Facebook pages is warning Mark Zuckerberg and his team that 2.5 million Muslims will leave the social networking site if certain demands are not met.

Wary Consumers Help Keep Inflation Down

Consumer prices fell for the third straight month, providing some bargains to American shoppers.