Wednesday, 22 July 2009

China Politely Moves Away from Dollar: Strategist: China's sovereign wealth fund has taken about 1 percent in drinks group Diageo, in a move which an analyst said is a sign the country is diversifying away from the US dollar.

Financial bailout's cost to U.S. could total almost $24 trillion, or $80,000 for every US resident.

More bodies go unclaimed as families can't afford funeral costs: The weak economy is taking its toll, with an increasing number of bodies in Los Angeles County being cremated at taxpayers' expense.