An annuity is a when you get a certain amount of money paid to you “for a fixed or contingent period,” often for your entire life “either in prior installment payments or in a single payment.” There are different types of annuities as well as a variety of tax aspects, dependent on what the… Continue Reading
SocialGO (www.socialgo.com) the main venture of Bright Things, was given an investment equaling US$800K from Veddis Ventures based in Gibraltar. Vikrant Bhargava of Veddis Ventures became part of SocialGO’s board as a non-executive director. In a related event, Bright Things bought Get On With It (GOWIT) Ltd. SocialGO has been getting development and support services… Continue Reading
The government of Brazil will discuss the importance of using natural resources from the environment versus unsustainable behaviors such as loss of biodiversity, change in the climate and deforestation. The latter is weighing heavily on society, according to Ed Young, a researcher at UFRJ’s Economic Institute who has found that close to 60% of all… Continue Reading
The fourth-quarter earnings for Marathon Oil Corp. (MRO) surged 99%. This is of course not a surprise as rising oil prices have caused a gain in profits in both oil production and refining. Marathon Oil Corp.’s stock is up 26% this year. Marathon Oil is just one of many companies in both the oil arena… Continue Reading