|
|
Lack of Freedoms Strongly Limit Prosperity in Other Arab States; Egypt, Iran and Yemen Amongst the Worst The third edition of the Legatum Prosperity Index, published today, ranks 104 countries (covering 90% of the world's population), based on a definition of prosperity that combines economic growth together with measures of happiness and quality of life. At 47th, the UAE is the only Arab nation ranked in the top 50 for the second year running, thanks to strong scores in security and safety, and health. In contrast, several other Middle East and North African nations are clustered in the bottom quarter, such as Saudi Arabia (81st), Egypt, (88th), Iran (94th), Algeria (96th), and Yemen (102nd). "The Legatum Prosperity Index is the world's only global assessment of wealth and wellbeing," said Dr. William Inboden, Senior Vice... [read full story]
Currency steady around C$1.0615 per US$ * Recovery follows sharp fall on Thursday * Monday's quarterly domestic GDP data eyed * Bond prices stuck lower across the curve (Recasts) By Frank Pingue TORONTO, Nov 27 (Reuters) -...
NEW YORK (AP) - Treasury prices rallied in holiday-shortened trading Friday as investors flocked to the safety of government-backed debt amid concern about financial trouble in Dubai. Investors worried a global economic...
Investors in Lloyds Banking Group are being urged by some stockbrokers to take a "wait and see" approach to its £13.5bn rights issue, after shares in UK banks were hit this week by fears of exposure to Dubai's debt problems.
China's Shanda is adding online video to its growing digital media empire, through the acquisition of user-gen video site Ku6.com. It's an all-stock deal; Ku6 will keep its name, becoming a subsidiary of Hurray, the mobile...
