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Millionaires

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  • BLOEMFONTEIN, South Africa, Dec 19- South Africa wants to impose export curbs on minerals such as platinum and iron ore as part of a drive by the ruling African National Congress to create more jobs in industry in the continent's biggest economy, a top official said on Wednesday.

  • Currently, couples can give away $10 million in lifetime gifts without paying transfer taxes, but President Obama has now proposed that couples be limited to $1 million in gifts, and any additional gifts be taxed at 55 percent. CNBC's Robert Frank has the details.

  • CNBC's Robert Frank asks legendary former Continental Airlines chairman & CEO Gordon Bethune why he's selling his multi-million dollar watch collection.

  • SEOUL/ TOKYO- North Korea successfully launched a rocket on Wednesday, boosting the credentials of its new leader and stepping up the threat the isolated and impoverished state poses to opponents.

  • CNBC's Robert Frank reports some high-profile billionaires, including Warren Buffett, John Bogle and Norman Lear, are calling on Congress to raise their taxes.

  • AMERICAS: Michael Williams+ 1 646 223 5462. USA- FORECLOSURES/ZOMBIES- Five years after the U.S. real-estate crash, thousands of homeowners are finding themselves legally responsible for houses they had no idea they still owned--- some of them being prosecuted and even landing in jail-- as banks walk away from foreclosures.

  • *Vessels appear to mask other ships' voyages to Syria, Libya. LONDON/ DUBAI, Dec 6- Iranian oil tankers are sending incorrect satellite signals that confuse global tracking systems and appear to conceal voyages made by other ships to Syria, which, like Iran, is subject to international sanctions.

  • Speaker Boehner issued a warning for House Republicans today that the leadership is watching how they vote. Robert Costa, National Review, offers insight.

  • Art Laffer of Laffer Investments discusses President Obama's proposed tax hikes. "If you tax rich people, and give the money to poor people, you're going to get lots and lots of poor people, and very few rich people" he says.

  • If a fiscal cliff deal happens, and the economy grows, millionaire population will grow by 230,000 and fortunes would soar by $1 trillion.

  • CNBC's Robert Frank takes a look at what would happen to the nation's wealthiest individuals if lawmakers do not reach a debt deal.

  • What are you going to do once you win the Powerball? Here are some suggestions. You may notice a theme.

  • U.K. soccer team Chelsea have this week sacked their eighth manager in nine years which has lead to criticism from numerous pundits and fans up and down the country. It’s also raised questions about the owner of the team, Roman Abramovich’s style of management and why people would want to work for him.

  • A survey from Spectrem Group showed that 83 percent of millionaires do not plan to go shopping at all on Black Friday.

  • *California just offers' too much for too many'. SAN FRANCISCO, Nov 18- Warnings that a new millionaires' tax would send California's wealthy stampeding for the state line began before the results were final. Nevada's Incline Village shares mountain Lake Tahoe with California, and has no income tax.

  • *California just offers' too much for too many'. SAN FRANCISCO, Nov 18- Warnings that a new millionaires' tax would send California's wealthy stampeding for the state line began before the results were final. Nevada's Incline Village shares mountain Lake Tahoe with California, and has no income tax.

  • Before the election, David Siegel sent his employees a memo telling them to consider, “Whose policies will endanger your job?”

  • While not a record for self-financed campaigns, the $90 million former pro wrestling executive Linda McMahon spent on her two failed Senate bids could have bought her plenty of luxury.

  • A man walks past a billboard outside a shopping mall housing luxury brands in Shanghai.

    Luxury sales in China may slow, as the handbag bingers cut back and China's millionaires become over-extended.

  • U.S. map for 2008 Presidential Election

    A new study shows that blue states have three quarters of the nation's population worth $30 million or more.