Draghi Remains Bullish on QE
The European Central Bank remains committed to expanding the euro monetary base, as its president affirms its policy is improving European economies.
Category: Economics
Georgia’s ISIS Problem: How to Stop Would-Be Jihadists?
The continued departure of young men for jihad in Syria is raising alarm in Georgia’s Pankisi Valley, a Sunni Muslim area that allegedly has seen scores of men leave for the war over the past few years.
Global Water Demand Threatens to Outpace Supply Alarmingly Soon
Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering. For the North American shale boom, the lack of water is suffocating. Amid this doom and gloom, a water revolution emerges, led by energy industry figures who realized the endless potential of tapping into new water sources and processing them with advanced desalination technology that, for the first time ever, is economically feasible.
Retail Sales Disappoint, Small Business Indicators Weaken
Small businesses are turning gloomy and retail sales growth fell short of estimates, indicating the U.S. economy may be weakening.
According to a new report by the Census Bureau, sales expanded in March with broad-based gains, although the most aggressive increases were in auto sales, which rose over 2.5%in March.
Linking Labor Unions to Economic Growth
Six years after the US economic contraction ended, the Federal Reserve has still not raised interest rates. Inflation has not accelerated as so many predicted. The economy is chugging along in an irregular fashion. The US economy appears to have ground to a near halt in Q1 15.
Pakistan’s Sharif Put on the Spot by Saudi Arabia
Stung by his complete failure to muster the parliamentary support needed to join in a Saudi-led intervention in Yemen’s civil war, Pakistan’s Prime Minister Nawaz Sharif is now counting the costs of his $1.5 billion folly.
TPP Benefits Appear Far Less Certain than those from the AIIB
The Asian Infrastructure Investment Bank (AIIB) is a far more economically efficient option than the Trans-Pacific Partnership (TPP) for integrating Asian economies to each other and to the rest of the world. While the United States is attempting to thwart China’s AIIB by completing the TPP, it is likely to result in net costs to countries other than the US.
The Economic Narrative of Terrorism in East Africa
The recent university terror attack at Garissa on 2 April 2015 marked the highest number of deaths in one single terror attack in the history of Kenya. Surpassing the 67-recorded deaths in the Westgate attack on 21 September 2013, the 148 lives lost in Garissa went into records as the most horrible of all al shabaab attacks on Kenyan grounds.
Looking at it from my perspective, I see that in a slow but sure pace, the criminal masterminds of terror in Kenya are fastening their grip on our land and making great success strides each day.
Legalization of Marijuana about More than Just Economics
Colorado has famously legalized marijuana in what many consider a grand experiment regarding legitimate drug sales. Moreover, by many accounts, it is a resounding success. However, the legalization of marijuana is about more than just economics. When considering the impact of legalized marijuana use on society, does the economic gain track with its social ramifications?
Huge Boost to Economy of Colorado
Economy Takes Center Stage in Scottish Election
Representing a stark contrast between the parties, the Scottish National Party (SNP) stressed the importance private sector reforms, while the Scottish Labour Party promises an end to austerity. The general election will be held on May 7.
