Afghanistan’s capital city is in ruins and its people are in despair. After years of war, Kabul has witnessed the erosion of its cultural, social and economic fabric to the extent the government has been […]
Tag: Economics
The United Kingdom Is Looking To Boost Their Economy By Selling Weapons To The World
British Defence Secretary Michael Fallon has given a huge incentive to UK-based military equipment firms to produce weapons that can be sold overseas by saying his Government would support their marketing and sales efforts. Speaking […]
Tesla Is Losing A Shocking $4,000 On Every Car It Produces
Tesla’s Elon Musk may need to come up with a new business model for the company as it was revealed over the weekend the electric carmaker loses a whopping $4,000 on every Model S sedan […]
Iran Nuclear Deal Likely To Cause Sustained Drop In Oil Prices
Terrible days lie ahead for oil exporters after the Iran nuclear deal opened the world to additional oil supplies from the oil rich country. Already blessed with some of the deepest oil reserves in the […]
‘No’ Vote To Austerity Pushes Greece Closer To Euro Exit
After voting ‘no’ to more austerity measures issued by its creditors, Greece is now at the mercy of the European Union. Greece failed yet again to meet another deadline for paying back some of their […]
New Study Shows Bees Are Worth Hundreds Of Billions Of Dollars To Global Economy
The humble honeybee is one of the hardest working, least appreciated and most valued insects in nature, according to a new study published Tuesday in the journal Nature Communications. The study found that wild bee […]
Zimbabwe Throws In The Towel, Abandons Own Currency And Adopts The U.S. Dollar
Zimbabwean dictator Robert Mugabe makes no secret of his xenophobic hatred of Americans, yet the president’s government will discard its virtually worthless national currency for U.S. dollars next week. The exchange rate? 35,000,000,000,000,000 to one […]
Peace With Palestine Is Worth $120 Billion To Israel, According To New Study
While Israel’s political system increasingly moves to the right, with hardline President Benjamin Netanyahu openly advocating for genocide, Israel’s economy would gain more than $120 billion over the next decade should a two state peace […]