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America’s Going to Lose the Oil Price War

By Bloomberg on 09:20 pm Jan 13, 2015 The financial debacle that has befallen Russia as the price of Brent crude dropped 50 percent in the last four months has…

House of Debt Economic Commentary from Atif Mian and Amir Sufi

More Evidence Supporting the House of Debt August 8, 2014 By Atif Mian and Amir Sufi Economists of all stripes are baffled by continued economic weakness in the United States.…

10 African startups that rocked 2014

By Loy Okezie, Special to CNN December 24, 2014 — Updated 1500 GMT (2300 HKT) | Snapscan is a mobile payments system that works using QR codes. The South Africa…

Russia starts bailing out banks as economy faces ‘full-blown crisis’

The Telegraph: Russia is facing a “full-blown economic crisis”, a former finance minister has warned, as the country is forced to take emergency financial measures. The economy has been battered…

Study finds that employees who are open about religion are happier

It may be beneficial for employers to not only encourage office Christmas parties but also celebrate holidays and festivals from a variety of religions, according to a Kansas State University…

Russia raises key interest rate to 17% amid rouble decline

The Russian central bank has announced it is hiking its key interest rate to 17% from 10.5%. The bank said the move was to try to ease the rouble’s recent…

Trial run of Haramain Railway next year

Trial run of Haramain Railway next year JEDDAH: P.K. ABDUL GHAFOUR Published — Monday 24 November 2014 Experimental operation of the 480-km Haramain Railway that links the two holy cities…

G20 summit: Leaders pledge to grow their economies by 2.1%

BBC News: Australian Prime Minister Tony Abbott has closed the G20 summit by detailing economic pledges agreed by world leaders. The leaders agreed to boost their economies by at least…

China’s economic risks ‘not scary’ – President Xi Jinping

BBC News: The risks facing China’s economy are not “scary”, President Xi Jinping has told global business leaders. In a speech to chief executives ahead of the Asia Pacific Economic…

MONEY LOGGING – Rooting out corruption in the forests of Borneo

By Thomas Stephens SWISSINFO.CH NOV 5, 2014 – 17:00 Corruption is the driving force behind the destruction of the Malaysian rainforests and the displacement of indigenous people, according to a…

A pump war?

by Thomas Friedman The New York Times Is it just my imagination or is there a global oil war underway pitting the United States and Saudi Arabia on one side…

United Biscuits sold to Turkey’s Yildiz for £2bn

The UK company behind the McVitie’s, Jaffa Cakes and Penguin brands has been bought by Turkish food group Yildiz Holdings for a reported £2bn. United Biscuits (UB) was put up…

US grows at annual rate of 3.5% in third quarter

The US economy grew at an annual rate of 3.5% in the July-September quarter, the Commerce Department has said. That was better than the 3% pace that economists had been expecting…

Rediscover ‘Islamic principles’ to overcome economic challenges [Khaleej Times, Dubai, United Arab Emirates :: ]

Dubai: Muslim countries need to concentrate on efforts to rediscover Islamic principles and promote regional cooperation in order to successfully overcome economic challenges. This was stated by Malaysian Minister of…

GLOBAL FOOD CRISIS : WASHINGTON POST

THIS post and National Geography and several news releases including a FEMA effort to solicit cost and delivery of dried food from its supplies in unprecedented manner are clear alarms…

Loan Sharks and Financial Terrorism: The Wonga Payday Lending Experiment

By Binoy Kampmark Global Research, October 19, 2014 This business has been too focused on growth and cared more about the loan outcome than the customer outcome. Andy Haste, Wonga…

Africa: Worsening Climate Change Could Affect the Economy

allAfrica.com: The devastating effects of climate change are already being felt across the planet, including in Africa. The 2011 drought-induced famine in the Horn of Africa affected more than 10…

Africa: China Slump to Be Bigger Than Expected, Threatening Millions in Africa

allafrica.com: China’s economy faces a slowdown in Gross Domestic Product (GDP) to between 2.4% and 5% next year, well below the current 7% IMF estimate, unless the government takes more…

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