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    • 10 defining moments of the Sochi Olympics
      It promises to be another memorable occasion — but will it beat Winters Games gone past? The 17-day sporting extravaganza is being dubbed as the most expensive Olympics ever, with the Russians having spent $50 billion on turning the faded Black Sea resort into a rejuvenated host venue. Thousands of athletes from over 80 different […]
    • New Jersey Gov. Chris Christie
      With former Port Authority official David Wildstein’s new claim that  “evidence exists” showing Christie knew about the politically motivated lane closings on the George Washington Bridge back in September, several Jersey State politicians are already floating the dreaded “I” word: impeachment. It wasn’t so long ago that New Jersey Gov. Chris Christie was a […]
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    • Making allowances for bankers' bonuses April 24, 2014
      Shareholders wary of making allowances
    • VIDEO: Labour looks to sever Co-op links April 24, 2014
      The Labour Party is looking to sever its links with the troubled Co-op Bank, bringing to an end one of the oldest political partnerships in the UK.
    • Alstom shares jump on GE bid report April 24, 2014
      Shares in French engineering company Alstom jump after a report that US multinational General Electric is in talks to buy Alstom for $13bn.
    • Barclays wins pay package vote April 24, 2014
      Barclays shareholders vote to approve the bank's remuneration package, which includes higher bonuses despite a 30% fall in profits.
    • London Market Report April 24, 2014
      Well-received updates from AstraZeneca and Anglo American help to push the FTSE 100 higher.
    • VIDEO: Shareholders criticise Barclays bonuses April 24, 2014
      Barclays shareholders have voted to approve the bank's remuneration package, which includes higher bonuses despite a 30% fall in profits.
    • US seeks e-cigarette restrictions April 24, 2014
      The US Food and Drug Administration is seeking minimum age restrictions and warnings on e-cigarettes because of uncertainties over their impact on health.
    • VIDEO: Dhaka victims wait for compensation April 24, 2014
      Many survivors of the Rana Plaza factory collapse in Dhaka are still waiting for compensation after the tragedy in 2013 that killed 1,129 workers.
    • Further IT problems for Ulster Bank April 24, 2014
      Ulster Bank, a subsidiary of RBS, reports problems with its computer systems, as some customers are debited twice for cash machine withdrawals.
    • Post Office staff agree pay deal April 24, 2014
      The postal union, the CWU, says it's secured a pay deal covering more than 3,000 staff at Crown Post Offices worth up to 7.3% over 3 years.

Citizens Against Government Waste

Citizens Against Government Waste (CAGW) has named Sen. John Kerry (D-Mass.) Porker of the Month for his arrogant rationalization of why the American people cannot be trusted with their own money. On February 6, Sen. Kerry spoke on the Senate floor in support of the $787 billion economic stimulus package. In his speech he said, “I have heard a lot of talk about we ought to do a tax cut…If you put a tax cut into the hands of either a business or an individual today, there is no guarantee they are going to invest their money…in the United States. They are free to go to invest anywhere they want, if they choose to invest…The fact is none of those people are guaranteed to invest that money in any of the new projects that we are. So government, yes government, has the ability to be able to make a decision that the private sector won’t necessarily make today.” For his casual infantilization of American taxpayers and for being the chief spokesperson of the new Nanny State on Steroids, CAGW names Sen. Kerry the February Porker of the Month.

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