Interpol is on the hunt for fugitives accused of such crimes as ivory smuggling. illegal logging, and trafficking live animals
The cosmetics retailer is facing a lawsuit
The oil market has moved beyond the Keystone XL pipeline
A new tool detects computer malware that’s watching your every move
The provider of high-interest business loans nears an IPO, on the strength of its data-powered credit analysis—and a network of shady brokers
Nike expects revenue from women to outpace its men's business.
Twist, stretch, twirl: a day in the life of a candy cane
Educational Credit Management, a guarantor and collector of student loans, wants to buy 56 campuses from Corinthian Colleges
The novelty items are hot for retailers large and small
Budget balance: -1.7%
Current account: -9.6%
Sovereign credit rating: B+/Stable
Stock market: -78%
A huge expansion of credit and high exposure to foreign currency-denominated debt has driven up inflation in Ukraine to 25%, the highest in Europe, while the overheating of the domestic economy has caused the country's current account deficit as a percentage of GDP to jump to 9.6% this year from 4.3% in 2007. With dwindling capital reserves and slowing economic growth, Ukraine has turned to the International Monetary Fund for help. It’s currently negotiating a $14 billion cash injection to stave off short-term defaults.