Soaring debt pushing wealthy nations to ‘fiscal death’ – economist

Major economies that fail to address their mounting debt issues will die a “fiscal death,” the head of investment and wealth advisory Laffer Tengler Investments, Arthur Laffer, has warned. In an interview with CNBC this week, he predicted a “decade of debt,” adding that the borrowing crisis has embraced both developed and emerging countries, and…

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NYC subway shooting suspect charged with terrorism

Police say they still don’t know the motive behind Tuesday’s Brooklyn bloodbath Police in New York City have tracked down and arrested Frank R. James, suspected of firing over 30 rounds into a crowded subway station on Tuesday. He faces federal charges for a terrorist or violent attack on public transit, and life in prison…

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Russian-born billionaire becomes UK’s top taxpayer

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