Taxpayers pay $163 billion in interest to Apple, Cisco, Google, Microsoft in offshore accounts
United States taxpayers make large interest payments to the top four technology firms for the $163 billion in US government debt the companies own and shelter in tax-free offshore accounts. photo by photoSteve101 More...
Russia agrees to write off North Korea’s $11 billion debt
Russia said on Tuesday it agreed to write off 90 percent of North Korea’s $11 billion debt and would reinvest the balance in the reclusive Asian state, in a sign of closer engagement with Pyongyang under new More...
San Bernardino city files for bankruptcy in California court
The city council of San Bernardino, California, voted on Tuesday to file for bankruptcy, marking the third time in recent weeks a city in the most populous U.S. state has opted to seek protection from its creditors. Photo/RevisorWeb More...
