Mr Putin, who has been hit by increasing economic woes, said that high prices encouraged the consumption of illegal and possibly unsafe alcohol.
Saudi authorities pledged to curb wages and push ahead with investments next year as the world's largest oil exporter seeks to counter the effect of tumbling crude prices on the economy.
TOKYO�When Japanese regulators accused the local retail unit of Citigroup Inc. of improper lending practices in 2004 and ordered its private banking operations shut down, Charles Prince , then Citi's chief executive, bowed deeply before reporters and ...
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Aircraft carrier, USS Ranger, which featured in the movie 'Top Gun', will be dismantled for single penny in Brownsville, Texas.