Facing threats from several fronts, military commanders from NATO and EU have decided to boost military spending. Top European military & NATO officials gathered in Berlin to discuss ways to deal with threats facing Europe and address concerns raised by… Read More ›
Beijing’s services sector has recorded impressive growth, while its manufacturing sector has just marginally improved its standing. With its property market heating up, its official Purchasing Manager’s Index is also gathering steam. 2017 could be a promising year for China… Read More ›
In order to accelerate dealmaking and lessen the country’s dependence on oil, Saudi Arabia is boosting the firepower of its sovereign wealth fund. Increasing its existing assets by about 17 percent, the SPA official news agency said that the Public… Read More ›
ECB President Mario Draghi said in an interview published on Wednesday that the spread of populist movements is threatening European integration and efforts to find joint responses to immigration, security and other shared concerns. EU citizens’ main worries were “now immigration,… Read More ›
Although the move by Carrier to keep nearly 1000 manufacturing jobs at its AC plant in Indianapolis will boost the local economy, the economics of such a decision needs to be studied since this could lead to significant price rise… Read More ›
If there is a cold snap in early December or January, most at risk of power shortages this winter are France and the U.K. among the European nations. According to European grid group Entsoe’s Winter Outlook report, France will need… Read More ›
In the annual financial stability review of Singapore’s central bank, the city-state’s property investors got a yellow card. “Before investing in property, investors should be aware that rising vacancy rates, declining rentals and impending interest rate increases mean that they… Read More ›
Theresa May sees a friend in Polish Prime Minister Beata Szydlo since Poland too has called for reforms within the EU; Poland has ~830,000 citizens living in in Britain who have been harassed following Britain’s historic vote. British Prime Minister… Read More ›
The distinction of being one of the fastest growing economies in the world has been awarded to one of the most unstable countries in the world. And that economy is of Iraq, which, according to World Bank data, is expected… Read More ›
Even though growth was skewed towards high-polluting heavy industry, suggestions of further strengthening of the world’s second-largest economy were made as profit growth in China’s industrial sector picked up in October which was aided by stronger sales and higher prices…. Read More ›
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