economy

Euro-Contagion: Germany outlook 'negative' over nonstop debt debacle of others

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Published on Jul 24, 2012 by RussiaToday

Rating agency Moody's has set itself on a collision course with German Chancellor Angela Merkel - after changing the country's credit outlook to negative. The agency even hinted at possible downgrades - if the Eurozone gets worse. But Merkel immediately fired back that Germany would remain Europe's financial haven, despite the Eurocrisis.

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Super-Rich Rabbit Hole: Wealthy stash $21 tn in offshore havens

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Published on Jul 23, 2012 by RussiaToday

Wealthy tax evaders, aided by private banks have exploited loopholes in tax legislation and stashed over $21 tn in offshore funds, says a report - READ MORE: http://on.rt.com/nprjg1

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