China and India are the giants among the emerging markets. They account for over one-third of the world population, and the two countries would have a strong influence on global trends, even if their growth rates were not high. It should be also noted, that, in the last 10 years, China and India...

Experts across agencies predict that the house prices in the UK are slated to rise this year. This expected rise is due to shortage in supply of new units by the housing industry in the country and the rising demand by the private sector.   PwC claims that the UK housing prices would enhance...

Being pitched as alternative to existing institutions such as the World Bank and the International Monetary Fund, five of the largest emerging economies of the world together gave shape to and opened a global bank on July 21. The bank has been christened the New Development Bank (NDB). The bank...

El Niño, the hot water current in the Pacific Ocean that symbolizes a unique but disruptive meteorological phenomenon, is expected to strike once again in the second half of 2015. This current runs from the middle of the Atlantic Ocean and close to the cost of Brazil. However the disruptive...

Limitations in the choice of instruments to invest people’s pension funds is one of the main causes of "hidden crisis" in the United States, as the head of the investment fund Blackstone Group LP Tony James puts it. - In my opinion, a hidden crisis, about which no one speaks, is arising in the...

Parents take the biggest burden of funding children’s college educated in the United States. A recent survey shows that number of student who were funded by their parents’ pockets and savings to pay for the college education surpass the number of students who got scholarships and grants. This...

China's gold reserves increased by 57%, according to the country's authorities official data, provided for the first time in six years. The country has increased the volume of gold to 53.31 million ounces (1,658 tons), the People's Bank of China’s statement said. This figure increased to 33.89...

A reduction in the number of people engaged in part time employment drive the unemployment rate of Britain to a two year high. Official data that showed the rate of unemployment up to May confirmed the fact on 15 July. However the Office for National Statistics of Britain however claimed that the...

  What is common between Qatar, Luxembourg and Singapore? The answer is they are amongst the smallest of countries and yet are amongst three the richest in the world.   This was revealed in an analysis by the Global Finance Magazine.    The magazine ranked 174 countries...