Megafon (MFON.MM) (MFONq.L), Russia’s second-biggest mobile phone operator, is to buy next-generation service provider Scartel for $1.2 billion to extend its lead in the race to provide high-speed internet. The deal unites assets belonging to Russia’s richest man Alisher Usmanov, and boosts Megafon’s position against rivals MTS (MBT.N) and Vimpelcom […]
Tag: America
America Should Declare Bankruptcy: Doug Casey
This week started with President Obama Monday demanding lawmakers raise the U.S.’s $16.4 trillion debt ceiling, warning Republicans not to insist on spending cuts in return. The same day, Federal Reserve Chairman Ben Bernanke advocated getting rid of the debt limit altogether. The Washington Post reports in a conversation at […]
2008 Financial Crisis Cost Americans $12.8 Trillion: Report
It’s been one year since the Occupy Wall Street movement and its calls for income equality, Wall Street reform and less money in politics swept the nation and forever changed the national discourse. OWS is back after a hiatus and returned to Wall Street in celebration of its one-year anniversary. […]
