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Will Egypt Secure $3.2 Billion IMF Loan?

An IMF team has arrived in Cairo Monday for talks, on a $3.2 billion loan facility for Egypt. This can be a crucial meeting especially as collapse in investor confidence since last year’s revolution has left Egypt on the brink of a balance of payments crisis according to Capital Economics.

Goldman Sachs Cuts Jobs: Report

Goldman Sachs Group Inc has started reducing employees in the trading and investment banking divisions, it has been reported.

Most Active Volcanoes of Solar System Found on Jupiter’s Moon Io

The first ever geologic map of Jupiter’s moon Io has revealed some of the most active volcanoes ever recorded in the solar system, scientists said on Monday.