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.
Bank of Japan chief Haruhiko Kuroda called on Japan Inc. to deploy its cash and invest more on facilities and workers, saying �the rule book for business will be rewritten� as the economy emerges from deflation.
Christmas spending sales hits record high as shoppers hit the streets for the last minute shopping According to data collected by the businesses worldwide, Christmas spending spree hits its record high in recent times as shoppers hit the streets for the last ...
Aircraft carrier, USS Ranger, which featured in the movie 'Top Gun', will be dismantled for single penny in Brownsville, Texas.