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The Future Economic Implosion of Venezuela Predicted by Futurist
One futurist in the United States is very closely watching Venezuela make mistakes and predicts the complete collapse and economic implosion of the Communist Nation State of Venezuela. But how could that happen, as Venezuela is rich in oil you ask? Well easily really, you see Venezuela has a state run oil company, which is highly inefficient and their production is down by nearly 50% and Hugo Chavez is not minding the store but rather jet setting around the World talking to third world dictators.Read more…European Banking Industry: How Different Are European Banks From U.S. Banks?
In recent years, it seems as though the European banking industry has gone through a collective boom. However, it is still unclear as to whether or not this boom will have positive or negative affects on the actual people of Europe and their banking.As the European banking industry expands in power and as commercial banks continue to merge together, the more havoc this will reek on the attempts of small businesses seeking loans and funding for their endeavors.Read more…$50 per Barrel and Venezuela's Economy and Hugo Chavez's Plans
Venezuela and Hugo Ch?vez and have declared themselves enemies of the United States of America and they have called the President of the United States the devil. However, it looks like the devil made him do it and sulfur still taints the undergarments of Hugo Ch?Read more…U.S. No Longer World's Most Competitive Economy
The recent study of the world's economies reveals that the U.S. has fallen from first place last year to sixth place this year.Read more…Economic Indicator Not a Good Sign; Truck Tonnage Index Drops
As the United States rolls into Election Season with high stakes for both parties we seem to be getting some mixed indicators. First the Stock Market is now at an all time high, but last time we took out an all time high well it was all down hill from their for over a year. But things are different now they say.Read more…Inflation
Inflation is a worldwide phenomenon. It is the constant increase in general prices. It affects the economy of each country.Read more…US, EU, and Japan Willing to Compromise to Revive Global Trade Talks
The United States, the European Union, and Japan recently said that they were ready to negotiate in order to help break the deadlock in the global trade talks. The three parties though reiterated that they were only willing to do so if the other key players offered sufficient concessions. The members of the World Trade Organization (WTO) were supposed to come up with an outline of an agreement last July.Read more…Trade Deficits with China and the Balance of Money Flows
There are trade deficits that are mounting in China and there are issues to be addressed in that arena. But all this in China is a planned event and you have competing money interests of Entrepreneurial Capitalists looking to manipulate US politics too. The game is being played at multiple levels here.Read more…Oil Importers Relieved as Prices Drop below $64
Traders and importers were relieved last Tuesday when the cost of petroleum had dropped below $64 per barrel. The fall came after the Iranian government had made a softer and more positive response regarding its uranium enrichment project. The recent decision of the OPEC (Organization of Petroleum Exporting Countries) to maintain the current output level also contributed to the decline of oil.Read more…Leaders Expressed Opinions Over The Restart Of Global Trade Talks
Pascal Lamy, the director general of the World Trade Organization (WTO), stated in an interview that the global trade agreement is a quantum leap onward for the international economy. Lamy recently made the said statement in a speech at a conference of global trade leaders in Northern Australia. The said meeting was attended by almost 19 nations including the United States.Read more…"Made in China" Definition is Being Rewritten
Have went through the times “Made in America” and “Made in Japan”, it comes the “Made in China” times. Today, “Made in China” has become a commonplace of origin labels on international market. Of course, there are quite a few people still have misgiving about it.Read more…Common Currency Issues and Counterfeiting Discussed
There are huge issues today in the world with the counterfeiting of common US Currency and the problem is huge and we have seen our enemies using counterfeited currency as well as trading partners considered our friends.It has been noted that North Korea and China were both involved in scandals concerning the counterfeiting of Federal Reserve Notes. It has also been alleged that Iran and Hezbollah also were involved in a recent scheme.Read more…IMF to Restrain and Reform Beijing's Developing Power
The progressive economic impact of China is obvious in the yearly conferences of the World Bank and the International Monetary Fund (IMF), held in Singapore. The said Asian country, along with other nations, will be granted with more votes by the member nations of the said global trade organization. Earning such votes, China is deemed to give more impact in the IMF activities.Read more…Minimum Wage Hike Another Blow At Poor
Minimum Wage Hike Another Blow At PoorHere we go again on the minimum wage carousel. Around and around it goes. Where it stops, nobody knows.Read more…Ten Reasons For Lower Oil Price Ahead
Oil price rebounds on Thursday October 5th, 2006 on the news that OPEC will cut 1 Million barrels per day production effective immediately. Saudi Arabia, the largest OPEC oil producer, will reduce its output by 300,000 barrels per day. Will this production cut help oil price?Read more…There Has Been A Movement In Favor Of Legal Employment
In most countries where local employment (or the lack of it thereof!) is high, there has been a movement in favor of legal employment. After all, who would argue with that?Read more…Parmalat's Downfall
It seemed, for a while, that Europe was insusceptible to the wide sweep of scandals that sweep most successful businesses. However, Italian company Parmalat disproved that theory in the latest embarrassment reported a 5 million dollar account that was not only fraudulent but did not exist. This huge disgrace outweighs the other scandals that have swept the US, Enron, WorldCom, Tyco, etc.Read more…Downtown Revitalization and Parking Planning
When planning a downtown revitalization project the goal is to get people to come back to downtown and shop and spend money. Due to issues such as urban flight many people have moved into the suburbs and new businesses have sprung up there. Many lower income people have been stuck in the city with fewer jobs.Read more…Understanding Economic Indicators
“A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street.Read more…Integrating China into the Global Economy
China’s politics in the world market has always been rather “open”. “Open” in a way that China always tries to be the pioneer in the technological battle between global western companies and at the same time its communist government tries not to hold up this process by giving all the required conditions for companies that tried to work with China. They have to conquer the world’s market and whether or not to deal with China depends in the first place on the kind of product the company produces and is very individual.Read more…
Most Recent Articles in Economics category
- Investors Moving Money to European Banks Fearing U.S. Economy and Major Bank Failures - By: Brett Schoneman
"Many investors are placing part of their hard-earned money out of harms way into foreign banks that do not have exposure to the U.S. sub-prime mortgage crises," says Kevin Wessell, CEO of Offshore Company. Mr. Wessell is also the author of "Build Your Financial Castle" and a nationally renowned asset protection seminar speaker. - The success of Africa's exports - By: Paul McIndoe
While Africa faces tremendous challenges on the road to integration into the world trading system, many African export sectors have actually outperformed world market growth. - The 10 Movers and Shakers in Turkey's Banking Sector - By: James Kara Murat
In Turkey there are many sectors active and dynamic and the banking sector is one of them. The dynamism of the banking sector is a result of the lifting of certain restrictions - The Biggest Banking Mergers & Acquisitions in Turkey - By: James Kara Murat
Turkey is making some economic reforms in order to become part of the European Union. As a result, the Turkish banking industry has seen many changes. - Barcelona economy - By: Kirsty Connell
Barcelona has a highly diversified economic structure. Find out the facts which lead to the growth of Barcelona economy. - Indian Retailers Accelerate Evolving Pace - By: Gaurav Doshi
Retail industry in India is gradually edging its way towards becoming the next boom industry with contributing more than 10% to Country’s GDP and around 8% employment. Several Indian and global players are developing strategies to enter such a fast paced and growing market. Also the whole retail industry is taking new shape, the traditional market giving way for the more organized market in the form of departmental stores, hypermarkets, supermarkets and specialty stores. - The Real State of the Economy - Good or Bad? - By: Stephen Morgan
There is something about the US Economy at the moment that I for one don’t get. Now it may be that being a brit, I am a little slow on the uptake; this has been known to happen every now and then but at the moment I cannot fathom several things out.Firstly, the UK economy, despite the Chancellors proud claims, is not in exactly the best of shapes but in the US, the Government is technically, if not practically bankrupt. - India Emerging As A Global Healthcare Destination - By: Christine Macguire
Health is vital for ethical, artistic, material and spiritual development of man. It is very certain that of all the gains, the gains of health are the highest and the best. Traveling abroad for treatment has been an age-old practice. - India-Srilanka Free Trade Agreement(FTA): The Success and Road Ahead - By: Dr Suvrokamal Dutta
The Free Trade Agreement between India and Srilanka came into full existence from 1st March 2000.This FTA basically deals with the modalities of the Duty Free Import of the Goods manufactured in Srilanka. Which exempt specified goods imported under Indo-Srilanka Free Trade Agreement from the Import Duty up to 100%. - Industrialization and Economic Growth - By: Aaron Schwartz
The rapid development of Japanese economy after the World War II that continued until 1990s, is often regarded as the Japanese “economic miracle”. Indeed, this country managed to change its position from the weak developing countries to second most important industrial and exporting giant after the USA. A lot of scientists even argued that Japan will soon become the world’s most powerful industry; but the lasting recession of Japanese economy which started in 1990s, now denies these doubts.
