Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek oikos (house) and nomos (custom or law).
A new World Bank report says, that limited educational opportunities for girls and barriers to completing 12 years of education cost countries between $15 trillion […]
Boris Johnson has resigned as foreign secretary, claiming that the UK was headed „for the status of a colony“ if Theresa May’s soft Brexit plans […]
Chinese conglomerate HNA Group founder and Co-Chairman Wang Jian died during a business trip in France on July 3. The local police said it appeared […]
The first half of 2018 has so far been the worst start to a year for world stocks since 2010. A mix of U.S.-China-EU trade […]
The European Banking Authority (EBA) said in a statement, that Banks are „inadequate“ perpared for a Brexit without a ratified withdrawal agreement. „This should be […]
After more than 100 years General Electric (GE), the last original member of the Dow Jones industrial average, was dropped from the blue-chip index and […]
The world’s forcibly displaced population reached a record high. In its annual Global Trends report the UN Refugee Agency (UNHCR) said 68.5 million people were […]
The London interbank offered rate (Libor) is a rate benchmark for $200 trillion of dollar-denominated interest rate swaps, loans and other financial products. On May, […]
For those worried about the ability of U.S. state and local governments to cover promised pension checks, the Census Bureau announced a milestone that should […]
Deutsche Bank wrongly transferred 21 billion euros to the Australian Investment Bank Macquarie in 2014. This is the latest such error to come to light. […]
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