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Bill Gates backs financial transaction tax to aid poor

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A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.

Gates backs financial transaction tax to aid poor

International Business Times Logo
A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.
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Senden of Australia hits off the fourth tee during round one of the Tour Championship PGA golf tournament in Atlanta.

Extra Cup Pressure for Senden at East Lake

With Presidents Cup aspirations looming large among other major incentives this week, John Senden put himself under extra pressure by making an erratic start to the Tour Championship on Thursday.
Former Governor of California Arnold Schwarzenegger shakes hands with fans at Ballhausplatz in Vienna

Schwarzenegger to Write Unbelievably True Nemoir

Arnold Schwarzenegger is writing a memoir about his rise to fame and unlikely transition from Austrian-born champion bodybuilder to Hollywood action star to California governor, his publisher said on Thursday.
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Australian Aboriginals Are First Earth Explorers: Genetic Study

A genetic study done by an international team of scientists reveals Aboriginal Australians are descended from the boldest early humans who left Africa almost 75,000 years to strike out across Asia and finally settle down in Australia.
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Australia Economy: Why Some Retailers Are Doing It Tough

Two significant speeches from senior Reserve Bank officials in the past day or so have added to the arguments and view the central bank has about the current state and direction of the Australian economy, which appeared in this week's minutes of the September 6 RBA board meeting.
Former Governor of California Arnold Schwarzenegger shakes hands with fans at Ballhausplatz in Vienna

Schwarzenegger to write unbelievably true memoir

Arnold Schwarzenegger is writing a memoir about his rise to fame and unlikely transition from Austrian-born champion bodybuilder to Hollywood action star to California governor, his publisher said on Thursday.
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Surgical Innovation: Brain Cancer Cells Glow with New Drug

A drug that makes brain cancer cells glow during surgery is being used for the first time in Australia, ABC Melbourne reports. The drug is given to the patient in a drink three to four hours before surgery, accumulating in the cells of the tumour which then glow under the blue light of an operating microscope.
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SABMiller seals $10.2 billion Foster's with a beer

Brewing giant SABMiller agreed to buy Foster's Group for a sweetened price of A$9.9 billion ($10.2 billion) on Wednesday after talks between the two last week ended in a couple of beers which sealed the deal this week.
Sprint iPhone 5

iPhone 5: Samsung Considering Legal Action against Apple

It seems that Samsung is not only continuing on its Galaxy S II to battle against the fifth generation Apple iPhone as the South Korean tech giant is reportedly preparing to make iPhone 5 illegal in Korea and Europe.
Pirate Party

What is the 'Pirate Party'?

Delegates from a political organization called The Pirate Party won 15 seats in Germany's state parliament after winning almost nine percent of a vote in Berlin on Sunday. So who exactly are these pirates?
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Australia to Launch Bullion Exchange

Australia's first physical bullion exchange, an over-the-counter spot market for gold, silver and platinum, will begin operations Oct 4, the Australian Bullion Exchange (ABX) said in a statement on Tuesday.
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Samsung considers legal action over Apple's new iPhone: source

Samsung Electronics Co is considering legal action to ban sales of Apple's new iPhone, a source familiar with the matter said on Tuesday, in what could be its strongest step to defend against claims by the U.S. firm that the South Korean firm had copied its product designs.

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