Talks between David Cameron and Angela Merkel reached a stalemate after the UK prime minister said his country would not wish to adopt a so-called 'Tobin tax' on financial transactions unless such measures were introduced on a global scale.
So, what’s Cameron's beef with the potential levy? And what would his country lose if it were introduced across the European Union?
The measures being mulled include a 0.1 percent charge on stock and bond trades and a 0.01 percent fee for derivatives.
The money raised would have a dual benefit for leaders facing their biggest threat to peace and prosperity in the region since World War II.
(CNN) – It doesn’t matter how good a boss you are, when you're running the show you're only as good as the people around you.
On this episode of The Boss, Francis Lui from Galaxy Entertainment Group and Sean Cornwell from eHarmony International are both taking time to reward their staff. And maybe they can have a little fun themselves.
Hong Kong (CNN) - In Taiwan, legislation is moving towards legalizing the world’s oldest profession, but in practice the trade remains largely underground.
Under the revised Social Order Maintenance Act, which went into effect in early November, prostitution is legal in designated red-light districts, but so far no local governments have been willing to create these zones, rendering prostitution anywhere illegal.
“You [the government] tell us that both the sex worker and the client would not be penalized within the district, but where is it?” Chung Chun-chu, secretary general of the Collective of Sex Workers and Supporters told the Taipei Times. “So far, none of the local governments have any plans to create red-light districts.”
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CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.