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India’s Slowing GDP Growth: A Call For Structural Reforms Amid Global Challenges 11/30/2024

Euro Zone Inflation Dynamics: Challenges In Balancing Growth And Monetary Policy 11/30/2024

Bitcoin’s Mainstream Momentum: The Rise Of Digital Assets Beyond Skepticism 12/05/2024

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Economics

British Spending on Online Shopping Increased by 36% on the "Black Friday"

In Britain, spending on online shopping increased by 36% and amounted to £ 1,1 billion ($ 1.7 billion) on the "Black Friday," November 27, compared to the last year sale. These are preliminary data of UK online retail association IMRG. According to the research company Footfall, the number of those...

LG to Invest $ 9 Billion in OLED-Displays

The Korean manufacturer of consumer electronics LG plans to invest 10 trillion won ($ 8.7 billion) in building a new plant for OLED-displays production. This may be caused by a possible Apple's transition to this type of screens in 2018, as it was previously reported by the media. The Korean...

Stocks Up On Talk of Aggressive ECB Easing, Euro on Shaky Ground,

As talk of aggressive stimulus from the European Central Bank next week gained ground, the euro slipped back towards seven-month lows, bond yields fell and European shares rallied on Thursday. While the Euro STOXX 50 index was up 1.2 percent, the pan-European FTSEurofirst 300...

Europe to Use "Sniffers" for Monitoring Ships Emissions

Europe wants to use special ‘sniffers’ UAVs to fight shipping companies violating environmental regulations. The idea was put forward by a European Maritime Safety Agency (EMSA) and the European Space Agency (ESA), which hope to jointly monitor level of harmful emissions from vehicles on the...

Amidst a Month of Slowing US Consumer Spending, Business Sending expected to Rise

Pointers indicate towards a moderate economic growth in the fourth quarter as more households chose to boost savings taking advantage of the rising incomes, resulting a very negligible rise in the U.S. consumer spending in October. A boost in savings led the mark to reach their highest...

Will Euro Be Equal to Dollar?

During few weeks on expectations of rate manipulation by Fed and ECB, euro fell against the dollar so much that experts are already talking about a possible currency parities. A month ago, euro was worth $ 1.1. This week, it is less than $ 1.06. The European currency is close beat its own...

Why Rich Chinese People Buy Out Art Objects

One hundred years ago, Amedeo Modigliani painted a portrait of his English mistress, stretched on a red velvet scarf, bare, with rounded hips and half-closed eyes. The artist tried to exhibit the work, but Parisian judges quickly shut the exhibition, where the work was exhibited first, down. Last...

IMF Stress Importance on Tackling Bad Loans of European Banks for Economic Recovery

The IMF urged the European banks to clear up the bad loans while acknowledging that important things had been done in Europe, and the euro zone in particular, to shore up the banking sector. Jose Vinals, the director of the Monetary and Capital Markets Department at the International...

"IPO King" Arrested in China

Arrests and investigations in the Chinese financial sector, began after the summer stock market crash, has intensified in recent years. They are creating an atmosphere of fear among financial companies in China and contributing to cooling investment sentiment. Many observers have noted that the...

Rice Countries: Why Consumers Pay So Much?

Almost 16% of the 250 million Indonesians live on $ 1.90 a day or less. 6% of 15 million people in Cambodia has to limit themselves with about the same amount. In both countries, rice is the main crops that provide poor people with more than half of the calories a day. Yet, Cambodians in need have...