Category : Economy

Weak domestic demand dragged down output in the eurozone’s fourth largest economy, which has been shrinking since mid-2011. The GDP of Spain has fallen by another 0.5 % this year. There is no hope of its recovery until the end of this year. The country’s is headed to recession, yet again. There has been a...

Amazon.com Inc. (AMZN) workers in Germany went on strike today as the country’s largest services union attempts to push the Internet retailer to join collective bargaining agreements and pay higher wages. Amazon employees in Germany have staged their first ever strikes, disputing over payment and other benefits with the internet retailer. Employees are pushing Amazon...

Latest data reveals bn spent on entertainment, 60% more than in 2001 as we nearly double our spending in restaurants and cafes. 2001 doesn’t seem very long ago, but what we buy and the way we pay for it has changed enormously over the last decade.  In its latest report, The Way We Pay, the...

Foreign direct investment (FDI) has become more important to Vietnam’s economy, as the government began liberalising the economy. According to a report from Foreign Investment Agency, (FIA), Vietnam has attracted more than US $ 8.2 billion in FDI Capital, an increase of 17% from the last year. The FDI has shifted largely from the Red...

Raise in the level of foreign investment, Continued growth of global financial assets and Regulation of International Securities Market in Asia have collectively had an impact on capital markets and cross border trade. Raising capital becomes a real challenge for corporate around the world due to uncertainty in the global economy. To identify the financial...

The most prominent causes for the surge in economy of Africa, is due to rise in Crude oil rates. Africa is flourishing. Its economic pulse has doubled over the past few years. The commercial vibrancy of Africa has reached unprecedented heights, it can be understood from this simple comparison, Africa’s collective GDP at $1.6 trillion...

China appears to be doing slightly better than average in moving up the technology ladder in order to avoid the middle-income trap. The rapid economic growth of so-called emerging markets is one of the leading storylines of our age. Arguably, it is the most important economic development affecting the world’s population in the first decade...

The most prominent causes for the surge in economy of Africa, is due to rise in Crude oil rates. Africa is flourishing. Its economic pulse has doubled over the past few years. The commercial vibrancy of Africa has reached unprecedented heights, it can be understood from this simple comparison, Africa’s collective GDP at $1.6 trillion...

Poland’s story is remarkable in many respects. Economic growth has been both solid and broadly shared. Between 2008 and 2011 Poland has been the fastest-growing economy in the EU. Poland has come a long way since it started its transition more than 20 years ago.  Average income is now almost four times higher than in...

Structural reforms in financial services, telecommunications and aviation have boosted business investment and encouraged economic diversification in Papua New Guinea. The Papua New Guinea (PNG) economy has undergone a remarkable 11 straight years of economic expansion, averaging GDP growth of almost 6% per annum. High levels of foreign investment coupled with strong commodity prices for PNG’s...