Feb 07,2016 – JORDAN TIMES – HAROLD JAMES The price of oil is often regarded as a sort of thermometer to measure the health of the world economy. What is less often noted is that it can also serve as a barometer — warning of approaching geopolitical storms. Indeed, the […]
Source: BBC In Sweden, it’s obligatory to eat coffee and cake. No, really. At many companies it’s mandatory for all workers, from Malmo to Stockholm, to have a designated time […]
By Abdur Rahim Harmachi Chief Economics Correspondent, bdnews24.com For the first time, the central bank’s foreign exchange reserve has remained above $15 billion-mark after paying dues of the Asian Clearing Union (ACU). The reserve had come down to $14.78 billion after clearing ACU’s $718 million on Monday. Bangladesh Bank’s Forex […]
Source: BD News 24 By Abdur Rahim Harmachi, Bangladesh’s economy has achieved an average growth of over 6 percent over the past five years primarily due to the healthy flow of remittance and rising exports. Both exports and remittance flow from expatriate Bangladeshis have doubled over the last five years despite […]
Source: CNN Money By Tami Luhby Poverty is growing faster in the suburbs than anywhere else in the United States, soaring 64% over the past decade. That was more than twice the growth rate of the urban poor population, according to the Brookings Institution, which released a book Monday titled […]
Source: BDNews 24 DHAKA:Bangladesh registered a current account balance surplus of over $2.8 billion in the first nine months (July-March) of the current fiscal (2012-13). This is seen as a comfortable zone for the country with no need to borrow money for regular transactions. In case of debts, a government […]
Source: NY Times By ADAM DAVIDSON A couple of years ago, I was in an industrial park in Port-au-Prince, Haiti, as a textiles executive pitched me on becoming a rich T-shirt manufacturer. It was easy, he said, to teach basic sewing to even the most poorly educated farmers. If I […]
RT: “The fiscal cliff is just more theater from bankers and politicians trying to distract people from the underlying root catastrophe that is a bunch of whackers and bankers who are manipulating the system day in and day out destroying the economy,” Keiser said of the US economy. Live from the […]
Source: Fast Company BY JOSH ALLAN DYKSTRA Compared to previous generations, Millennials seem to have some very different habits that have taken both established companies and small businesses by surprise. One of these is that Generation Y doesn’t seem to enjoy purchasing things. The Atlantic’s article “Why Don’t Young Americans Buy […]
France24: By Katharyn GILLAM France’s minister of industry slammed famed British weekly The Economist after it ran a 14-page special report calling the country’s economy a ticking time bomb and the biggest threat to the euro currency’s stability. In its edition set to hit news stands on Friday, the highly-respected […]
Source: Huff Post. By Muhammad Yunus, Nobel Laureate in Economics The current financial crisis makes it very clear that our current financial system is not sustainable. This is the opportune time […]
Source: CNN Money NEW YORK (CNNMoney) — The man responsible for creating Citigroup — the world’s first financial supermarket — said Wednesday that the nation’s largest banks should be broken up in order to protect taxpayers. Former Citigroup chairman Sandy Weill — who engineered a series of corporate takeovers and […]
Source: Huffington Post – WASHINGTON — The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge. Young adults […]
A Cairo newspaper editor on why the elections will not prevent protesters from returning to Tahrir Square Source: The Independent When it comes to economics, you don’t mess with Wael Gamal. Before becoming a managing editor of Shrouq – Sunrise, to you and me – he was economics editor of […]