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Federal Reserve tapering concerns send Toronto stock market tumbling 191 points

2013-12-12 18:05:24| Oil & Gas - Topix.net

The Toronto stock market tumbled almost 200 points Wednesday as investors remained focused on whether the U.S. Federal Reserve might start to claw back its stimulus measures as early as next week.

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US Federal Reserve turns 100

2013-12-10 01:10:45| BBC News | Business | UK Edition

A short history of the world's most important central bank

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VIDEO: Inside the US Federal Reserve

2013-12-10 01:10:16| BBC News | Business | UK Edition

Simon Jack looks around the US central bank, the Federal Reserve, as it turns 100 this month.

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Exposed: fracking licenses granted in Bushmen's reserve

2013-11-25 13:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Survival International: Large parts of Botswana`s Central Kalahari Game Reserve (CKGR) home to Africa`s last hunting Bushmen have been opened up to international companies for the controversial practice of 'fracking`, according to an investigation for the documentary film 'The High Cost of Cheap Gas` and British newspaper The Guardian. A leaked map shows that exploration concessions have been granted for half of the CKGR a reserve larger than Switzerland raising fears of land grabbing, a drop in water levels...

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Indian govt approves higher spectrum reserve prices

2013-11-25 02:15:00| Telecompaper Headlines

(Telecompaper) The Empowered Group of Ministers (EGoM) has approved increasing the mobile spectrum reserve price by up to 25 percent. The group agreed with the recommendation of the Telecom Commission to increase Trai's recommendation on 1800 and 900 MHz band reserve prices. The base price for 900 MHz will be set 25 percent higher than what the regulator had recommended and is now priced at INR 3.60 billion per MHz for Delhi, INR 3.28 billion for Mumbai, and INR 1.25 billion for Kolkata, PTI writes. The 1800 MHz spectrum will start at INR 17.65 billion per MHz, 15 percent higher than Trai's recommendation. Telecom minister Kapil Sibal further announced that spectrum usage charges will not be changed. Trai had proposed a flat fee of 3 percent of adjusted gross revenue but the existing regime of 3 to 8 percent, depending on spectrum holdings, will be continued. The EGoM also approved spectrum trading in principle. Trai will issue guidelines on the matter.

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