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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
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<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
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<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
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The European Union lost its top credit rating from Standard & Poor’s on Friday, which cited the deteriorating creditworthiness of the bloc’s 28 member nations. S&P cut its long-term rating on the EU to AA+, with a stable outlook, from AAA and maintained its short-term rating at A-1+. The downgrade came after S&P last month lowered its AAA rating on the Netherlands. </div>
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<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
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American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year. With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. Microsoft Chairman, Bill Gates, added $11.5 billion to his personal fortune in 2013, ending the year with assets totalling $72.6 billion. Gates is also the richest person on the list.</div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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GlaxoSmithKline will no longer reward sales staff based on how many drugs they sell, marking a big shift in the way the pharmaceutical industry deals with doctors. The British drugs giant said that the changes, which will be introduced from next year, come as GSK and other drugs firms face intense scrutiny in China over claims they bribed doctors to use their products.</div>
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<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
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The Indian finance ministry announced the launch of inflation-linked bonds starting from Monday as part of its strategy to wean Indians away from gold by offering them a real rate of return that exceeds consumer price inflation (CPI). The Inflation Indexed National Savings Securities-Cumulative (IINSS-C) bonds will offer investors a return that’s 1.5% more than inflation based on the consumer price index .</div>
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<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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The US economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than previously estimated, pointing to some underlying strength that should be sustained. Gross domestic product grew at a 4.1 per cent annual rate instead of the 3.6 per cent pace reported earlier this month, the Commerce Department said in its third estimate on Friday.</div>',
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
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<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
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<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
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<div>
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<div>
<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
<div>
American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year. With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. Microsoft Chairman, Bill Gates, added $11.5 billion to his personal fortune in 2013, ending the year with assets totalling $72.6 billion. Gates is also the richest person on the list.</div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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<div>
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<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
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<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
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<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
<div>
The European Union lost its top credit rating from Standard & Poor’s on Friday, which cited the deteriorating creditworthiness of the bloc’s 28 member nations. S&P cut its long-term rating on the EU to AA+, with a stable outlook, from AAA and maintained its short-term rating at A-1+. The downgrade came after S&P last month lowered its AAA rating on the Netherlands. </div>
<div>
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<div>
<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
<div>
American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year. With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. Microsoft Chairman, Bill Gates, added $11.5 billion to his personal fortune in 2013, ending the year with assets totalling $72.6 billion. Gates is also the richest person on the list.</div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
<div>
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<div>
</div>
<div>
<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
<div>
The Indian finance ministry announced the launch of inflation-linked bonds starting from Monday as part of its strategy to wean Indians away from gold by offering them a real rate of return that exceeds consumer price inflation (CPI). The Inflation Indexed National Savings Securities-Cumulative (IINSS-C) bonds will offer investors a return that’s 1.5% more than inflation based on the consumer price index .</div>
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<div>
<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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Nepal And The World News In Brief (23 - 29 December 2013)
2 min 11 sec to read
EU Stripped from AAA Credit Rating
The European Union lost its top credit rating from Standard & Poor’s on Friday, which cited the deteriorating creditworthiness of the bloc’s 28 member nations. S&P cut its long-term rating on the EU to AA+, with a stable outlook, from AAA and maintained its short-term rating at A-1+. The downgrade came after S&P last month lowered its AAA rating on the Netherlands.
Buffett Adds $37 mn a Day to His Fortune in 2013
American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year. With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. Microsoft Chairman, Bill Gates, added $11.5 billion to his personal fortune in 2013, ending the year with assets totalling $72.6 billion. Gates is also the richest person on the list.
GSK to Scrap Targets for Sales Reps
GlaxoSmithKline will no longer reward sales staff based on how many drugs they sell, marking a big shift in the way the pharmaceutical industry deals with doctors. The British drugs giant said that the changes, which will be introduced from next year, come as GSK and other drugs firms face intense scrutiny in China over claims they bribed doctors to use their products.
Indian Markets Readies for Inflation-Link Bonds
The Indian finance ministry announced the launch of inflation-linked bonds starting from Monday as part of its strategy to wean Indians away from gold by offering them a real rate of return that exceeds consumer price inflation (CPI). The Inflation Indexed National Savings Securities-Cumulative (IINSS-C) bonds will offer investors a return that’s 1.5% more than inflation based on the consumer price index .
US Third-quarter Growth Raised to 4.1%
The US economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than previously estimated, pointing to some underlying strength that should be sustained. Gross domestic product grew at a 4.1 per cent annual rate instead of the 3.6 per cent pace reported earlier this month, the Commerce Department said in its third estimate on Friday.
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
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The European Union lost its top credit rating from Standard & Poor’s on Friday, which cited the deteriorating creditworthiness of the bloc’s 28 member nations. S&P cut its long-term rating on the EU to AA+, with a stable outlook, from AAA and maintained its short-term rating at A-1+. The downgrade came after S&P last month lowered its AAA rating on the Netherlands. </div>
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<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
<div>
American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year. With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. Microsoft Chairman, Bill Gates, added $11.5 billion to his personal fortune in 2013, ending the year with assets totalling $72.6 billion. Gates is also the richest person on the list.</div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
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<div>
<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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The US economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than previously estimated, pointing to some underlying strength that should be sustained. Gross domestic product grew at a 4.1 per cent annual rate instead of the 3.6 per cent pace reported earlier this month, the Commerce Department said in its third estimate on Friday.</div>',
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
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The European Union lost its top credit rating from Standard & Poor’s on Friday, which cited the deteriorating creditworthiness of the bloc’s 28 member nations. S&P cut its long-term rating on the EU to AA+, with a stable outlook, from AAA and maintained its short-term rating at A-1+. The downgrade came after S&P last month lowered its AAA rating on the Netherlands. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
<div>
American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year. With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. Microsoft Chairman, Bill Gates, added $11.5 billion to his personal fortune in 2013, ending the year with assets totalling $72.6 billion. Gates is also the richest person on the list.</div>
<div>
</div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
<div>
GlaxoSmithKline will no longer reward sales staff based on how many drugs they sell, marking a big shift in the way the pharmaceutical industry deals with doctors. The British drugs giant said that the changes, which will be introduced from next year, come as GSK and other drugs firms face intense scrutiny in China over claims they bribed doctors to use their products.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
<div>
The Indian finance ministry announced the launch of inflation-linked bonds starting from Monday as part of its strategy to wean Indians away from gold by offering them a real rate of return that exceeds consumer price inflation (CPI). The Inflation Indexed National Savings Securities-Cumulative (IINSS-C) bonds will offer investors a return that’s 1.5% more than inflation based on the consumer price index .</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
<div>
The US economy grew at its fastest pace in almost two years in the third quarter while business spending was stronger than previously estimated, pointing to some underlying strength that should be sustained. Gross domestic product grew at a 4.1 per cent annual rate instead of the 3.6 per cent pace reported earlier this month, the Commerce Department said in its third estimate on Friday.</div>',
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
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The European Union lost its top credit rating from Standard & Poor’s on Friday, which cited the deteriorating creditworthiness of the bloc’s 28 member nations. S&P cut its long-term rating on the EU to AA+, with a stable outlook, from AAA and maintained its short-term rating at A-1+. The downgrade came after S&P last month lowered its AAA rating on the Netherlands. </div>
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<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
<div>
American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year. With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. Microsoft Chairman, Bill Gates, added $11.5 billion to his personal fortune in 2013, ending the year with assets totalling $72.6 billion. Gates is also the richest person on the list.</div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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GlaxoSmithKline will no longer reward sales staff based on how many drugs they sell, marking a big shift in the way the pharmaceutical industry deals with doctors. The British drugs giant said that the changes, which will be introduced from next year, come as GSK and other drugs firms face intense scrutiny in China over claims they bribed doctors to use their products.</div>
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<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
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<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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<span style="font-size:14px;"><strong>EU Stripped from AAA Credit Rating </strong></span></div>
<div>
The European Union lost its top credit rating from Standard & Poor’s on Friday, which cited the deteriorating creditworthiness of the bloc’s 28 member nations. S&P cut its long-term rating on the EU to AA+, with a stable outlook, from AAA and maintained its short-term rating at A-1+. The downgrade came after S&P last month lowered its AAA rating on the Netherlands. </div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
<div>
American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year. With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. Microsoft Chairman, Bill Gates, added $11.5 billion to his personal fortune in 2013, ending the year with assets totalling $72.6 billion. Gates is also the richest person on the list.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
<div>
GlaxoSmithKline will no longer reward sales staff based on how many drugs they sell, marking a big shift in the way the pharmaceutical industry deals with doctors. The British drugs giant said that the changes, which will be introduced from next year, come as GSK and other drugs firms face intense scrutiny in China over claims they bribed doctors to use their products.</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
<div>
The Indian finance ministry announced the launch of inflation-linked bonds starting from Monday as part of its strategy to wean Indians away from gold by offering them a real rate of return that exceeds consumer price inflation (CPI). The Inflation Indexed National Savings Securities-Cumulative (IINSS-C) bonds will offer investors a return that’s 1.5% more than inflation based on the consumer price index .</div>
<div>
</div>
<div>
<span style="font-size:14px;"><strong>US Third-quarter Growth Raised to 4.1% </strong></span></div>
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<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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<span style="font-size:14px;"><strong>Buffett Adds $37 mn a Day to His Fortune in 2013</strong></span></div>
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<span style="font-size:14px;"><strong>GSK to Scrap Targets for Sales Reps</strong></span></div>
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<span style="font-size:14px;"><strong>Indian Markets Readies for Inflation-Link Bonds</strong></span></div>
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