Kiran Moodley, NBR, CNBC.com’s Posts

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As Brazil hurries to complete preparations ahead of the start of the soccer World Cup on June 12, many Brazilians may be expecting the event to boost the nation’s flagging economy – but economists are unconvinced. Capital Economics this week warned that the event will do little to help Brazil’s economy because it will not address the crucial …

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U.K. soccer club Manchester City is the best-paid sports team in the world, beating both the New York Yankees and LA Dodgers, according to Sportingintelligence’s global sports salaries survey for 2014. The survey, which was compiled with sports publisher ESPN The Magazine, found the average first-team player at Premier League side Manchester City earned $8.1 million …

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It wasn’t just Denver Bronco fans who had a tough Super Bowl weekend this year. A gambler is suing a Las Vegas casino after he lost $500,000 playing blackjack and pai gow, arguing he should not pay his debt because the establishment in question got him drunk. 52-year-old Californian Mark Johnston is suing the Downtown …

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While there was much talk of wearable technology and large-screen smartphones at last week’s Mobile World Congress (MWC), another trend has begun to emerge: secure phones that ensure your privacy. Ever since Edward Snowden blew the whistle on global surveillance operations run by the U.S. and other governments, the privacy of citizens’ messages, phone calls …

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Vienna, the home of Mozart and Freud, has held on to its title as the city with the highest quality of life, according to the 2014 rankings of the best places to live and work by management consultancy Mercer. Vienna was followed by Zurich, Switzerland, and Auckland, New Zealand. In fourth place was Germany’s Munich …