Obama demands an increase in taxes on rich

Note: This section contains information in English only.
Source: Bloomberg
US President Obama called the government to impose higher taxes on country's  wealthy to restore income equality in US economy, fueling predictions he will use this call in his election campaign. Obama claims that those who earn millions must pay at least 30% tax to make sure more citizens have a fair share of income. President also demanded to create more jobs in domestic natural gas production and alternative energy production. 
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Wed, 25 Jan 2012 07:49:32 GMT

Apple net income doubles on Iphone

Apple Inc. posted a 4th quarter's profit, more than two times higher than in corresponding period last year due to successful sales of Iphone and Ipad. Apple managed to sell 37 million Iphones and reach a net profit of $13.1bn in the last quarter of 2011. The profit per share for the particular quarter was $13.87. Apple shares jumped 12% on the earnings

Tue, 24 Jan 2012 16:09:41 GMT

DAX drops as creditors push Greece for higher coupon

German DAX Index climbed 0.5% on Monday, but pulled back 1.1% to 6,365.95 during Tuesday session, pushed down by domestic banks. DAX index posted loss, as private creditors put pressure on Greek officials to raise coupon rate above 4%. Commerzbank gave up 4%, and Deutsche Bank dropped 3.3%. Siemens AG declined 3.6% after reporting a fall in earnings. At the

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