Economics

The beaches of Bali and Langkawi did not look so attractive to American tourists since the reign of Bill Clinton.

With the prospects of a new era of low prices in crude oil due to over production, the Organisation of the Petroleum Exporting Countries (Opec) announced that their crude production

Following a run of poor economic data, China surprisingly announced a 2 percent devaluation of the yuan on Tuesday. This move resulted in a worldwide impact on the share markets

Greece has, for the time being, averted its debt crisis as the debt strapped economy managed to secure a loan from its international creditors on Tuesday. The multi-billion-euro bailout agreement

While Britain signals that it would allow genetically modified crops to be harvested in the country, Scotland on the other hand is preparing to formally ban genetically modified crops from

August 20 Due Date for €3.5 billion Repayment to the European Central Bank Greece hopes that Tuesday would be the day when it manages to conclude negotiations with its international

Recently, political outsiders have been gotten unprecedented support not only in America (Donald Trump), Greece (SYRIZA party) or France (Marine Le Pen): with great enthusiasm UK greeted Jeremy Corbin (until…

Joblessness is on the rise in the United States. US recorded the lowest four-week moving average level since mid-May and the second-lowest since the end of the recession in 2009

Technavio, the global research firm, has predicted that the US market for Li-ion batteries would grow at a CAGR of almost 37% from 2015-2019. The firm published this finding in

Many oil companies are forced to cut their budgets rigidly in 2015 due to low oil prices. The rebound in April and May to $ 60 per barrel gave hope…

Bank Shares Pull Down Greek Share Market Further Ruling out accepting the bridge loan proposed by the European Commission in July, the Greek government made it clear that it would

Prospects of a new era of low prices in crude oil was triggered off after crude prices fell below the level that it had held for most of the past

Industry expects 26 million smart garments to be shipped in 2016 Wearable technology is no more a thing of the future. It is a reality that can take over our

Problems for the Chinese economy do not seem to be getting over. The second largest economy of the world recorded a two year low manufacturing index as was found out

Amidst hushed talks between the Greek authorities and the menders, the Greece stock market plunged nearly 23 percent on Monday. The stock markets had opened after a five-week. the plunge

There is two trends in relations between the US and Russia in recent years: a significant increase in oil production in the United States and increased tension between the two…

A leaked information after an International Monetary Fund board meeting indicates that the the global financial organization would not support claims of Greece to allow the crisis struck country to

American General Motors Co. plans to double its investment in Brazil until 2019, as part of efforts to increase sales in emerging markets.

Between November 2008 and June 2015, a daily average of about two measures that restrict trade were taken in the world - more than 5000 altogether, counted in the Global…

Global Crude Price Decline Gives Political Will to Governments of Emerging Markets The declining trend in global crude oil prices since October 2014, has encouraged the governments and policy makers

The Greek government has facilitated for some companies transfers of funds abroad to pay for imports in the framework of easing of strict measures to control capital and operating since…

Following the Greek crisis, the economic growth rate in the Eurozone slowed down slightly in July. The data released on 24 July show that the Markit Eurozone Purchasing Managers’ Index

EU antitrust case brought against six US film studios, including Disney and Warner Bros, as well as the British broadcaster Sky UK. They could restrict access to satellite television programs…

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…

More Adults Under 40 to Go for Rented Accommodation Experts across agencies predict that the house prices in the UK are slated to rise this year. This expected rise is

Capital to Double in Couple of Years Being pitched as alternative to existing institutions such as the World Bank and the International Monetary Fund, five of the largest emerging economies

Metals, Oil and Food Crops to be Dearer El Niño, the hot water current in the Pacific Ocean that symbolizes a unique but disruptive meteorological phenomenon, is expected to strike

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…

Indicates Parents Less Concerned About Economic Factors Affecting Ability to Fund Education Parents take the biggest burden of funding children’s college educated in the United States. A recent survey shows

China's gold reserves increased by 57%, according to the country's authorities official data, provided for the first time in six years.

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

After having sold off its slugging mobile business to Microsoft for around $7.5 billion, the Finnish mobile company is looking to re-enter the mobile market once again through the brand

Barely days before a crucial share holders meeting, Samsung C&T Corp, the sister company of Samsung engaged in construction business, has resorted to advertisements in leading news papers in South

The sharp fall in China's stock market is one of the most debated topics today, and at the moment, it is the most dangerous event for the global economy. No…

For Europe, the main topic of today is Greece, but there are also problems in other peripheral countries. If the Greek crisis starts to unravel, then they will suffer first.

BRICS countries (Brazil, Russia, India, China and South Africa) have signed an agreement, which regulates the conditions for mutual support of member countries in the framework of an agreement on…