Michael Metcalfe: We need money for aid. So let’s print it
During the financial crisis, the central banks of the United States, United Kingdom and Japan created $3.7 trillion in order to buy assets and encourage investors to do the same. […]
Iron Age man was a fan of Swiss cheese
ALPINE RESEARCH Iron Age man was a fan of Swiss cheese APR 26, 2016 – 19:25 Dominique Yersin produces Etivaz cheese on the Le Grin alpine pasture at Chateau d’Oex […]
Oil-reliant Saudi Arabia agrees on economic reform plan
Source: Aljazeera Saudi Arabia’s cabinet has agreed on a broad-based economic reform plan, known as Vision 2030, revealing how the oil-reliant state plans to diversify its economy over the next 14 years. Prince Mohammed bin Salman, the deputy crown prince, said on Monday that the country was building up the […]
Ageing Israel accords harm Palestinian economy — World Bank
By Agencies – Apr 18,2016 – JORDAN TIMES In this July 23, 2015, photo, two Palestinian boys stand outside a tent (background) watching workers rebuild a house which was destroyed during the 2014 summer war between Israel and Hamas, as the long-awaited reconstruction began in Shijaiyah neighbourhood, eastern Gaza […]
Inside Isis Inc: The journey of a barrel of oil
FINANCIAL TIMES: Inside Isis Inc: The journey of a barrel of oil Isis controls most of Syria’s oil fields and crude is the militant group’s biggest single source of revenue. Here we follow the progress of a barrel of oil from extraction to end user to see how the […]
Solar Impulse 2 ready to continue world tour
Round the World flight Apr 14, 2016 – 17:47 Solar Impulse 2 during a maintenance flight over Hawaii in March 2016 (Keystone) The Swiss solar plane Solar Impulse 2 is now in ‘mission mode’ in anticipation of taking off for North America from Hawaii where it had been grounded […]
IMF says Britain leaving the EU is a significant risk
Source: The Guardian By Katie Allen and Anushka Asthana A British vote to leave the EU risks causing severe economic and political damage to Europe and will spill over into to weaken […]
E-waste Republic
By Jacopo Ottaviani Photography and design: Isacco Chiaf Over 40 million tonnes of electric and electronic waste (also known as e-waste) are produced worldwide every year. That is boundless heaps of refrigerators, computers, television sets, ovens, telephones, air conditioning units, lamps, toasters and other electric and electronic devices, with a […]
GE to Bernie Sanders: We’ve ‘never been a big hit with socialists’
Source: CNN by Matt Egan General Electric boss Jeff Immelt has fired back at Presidential candidate Bernie Sanders with an impassioned defense of his company. “GE has been in business […]
Foreign tourists to explore Iran by luxury train
Social April 6, 2016 TEHRAN – The Golden Eagle Danube Express luxury train, carrying 74 tourists from the U.S., the Netherlands, Hungary, the Czech Republic, and Australia, arrived in the northwestern Iranian city of Tabriz on Tuesday. The tourists paid visits to Azarbaijan Museum, Blue Mosque, and Grand Bazaar and […]
India cuts interest rates to five-year low
Source: BBC India’s central bank has cut its key interest rate for the first time this year. The Reserve Bank of India (RBI) reduced its repo rate to 6.5% from […]
Faith leaders ask candidates to give poor ‘living wage’
Source: RNS (RNS) On the anniversary of the assassination of the Rev. Martin Luther King Jr., dozens of faith leaders are calling for the U.S. presidential candidates to include a […]
Panama Papers: Mossack Fonseca leak reveals elite’s tax havens
Source: BBC By Richard Bilton A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth. Eleven million documents were leaked […]
Where is Swiss chocolate most popular?
CHOCOLATE MONEY Where is Swiss chocolate most popular? By Jo Fahy, Filipa Cordeiro and Thomas Stephens MAR 29, 2016 – 16:41 Switzerland has a longstanding reputation for making exquisite chocolate, […]
Israel supreme court strikes down landmark gas deal
By Agencies – Mar 28,2016 -JORDAN TIMES – Yossi Abu, chief executive of Delek’s subsidiaries Delek Drilling and Avner Oil, reads the ruling of Israel’s supreme court decision to temporarily block a landmark natural gas agreement, announced late on Sunday (Reuters photo) TEL AVIV — Israel’s top court […]
Workers suffer in Saudi Arabia as once-mighty Hariri firm falters
By AFP – Mar 27,2016 – JORDAN TIMES A picture taken on March 9, 2016, shows towers under construction at the King Abdullah Financial District in the Saudi capital Riyadh. Towers in the complex are being built by the Saudi Oger Company and other constructors (AFP photo) RIYADH — […]
This Theory Explains Why the U.S. Economy Might Never Get Better
Source: Time Why hasn’t America’s economy recovered more robustly? Economists have an unsettling answer In the wake of the 2008 financial crisis, conventional wisdom among economists, business leaders, and policy […]
Swiss firms look to profit from halal market
HALAL PRODUCTS Swiss firms look to profit from halal market By Abdelhafidh Abdeleli MAR 25, 2016 – 08:00 A Bern-based company operating for more than two decades has provided halal certificates to over 200 companies around the world (Keystone) Swiss and European food, pharmaceutical and cosmetic firms must tread carefully […]
ECB stimulus surprise sends stock markets sliding
Source: BBC European stock markets have fallen and the euro has soared following the economic stimulus measures announced by the European Central Bank. After initially rising following the broader than […]
ECB expected to launch new economic stimulus
Source: BBC The European Central Bank is expected to announce further measures to stimulate the eurozone economy when its governing council meets on Thursday. Inflation has continued to fall, putting […]