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The Income Inequality Issue in the U.S.
Currently, the top one percent of all Americans holds about 40% of the complete wealth of the nation. Recent studies have indicated that the biggest income gap in history...
European Growth Reaccelerates from the Brink
The European Union saw an acceleration of economic growth, according to new figures. Seasonally adjusted GDP rose by 0.2% in the Eurozone and by 0.3% in the European Union...
Iraqi Economy to Shrink for the First Time since the War
Recent evidence suggests that Iraq's economy will see some shrinkage this year, to the tune of 2.7%. This is the first contraction that the country will have experienced since...
The Week in Review: U.S. Stocks, Unemployment Rise as Dollar Falls
U.S. stocks saw a small gain despite an unexpected rise in jobless claims that disrupted a steadily declining unemployment rate over the past few months. Meanwhile, recent strength in...
European Finance Ministers Planned to “Crush” Greek Economy in Quest for Revenge
European finance ministers conspired to “crush” the Greek economy and punish Greece for overspending, according to leaked documents from former U.S. Secretary of Treasury Timothy Geithner.The Financial Times, a...
The Political and Economic Issues Underlining Greece
Over the five years since the crisis in Greece began, residents and economic experts alike are struggling to foresee a time when the country might escape its hardships. Last...
The Economic Forecast Remains Disappointing for Switzerland
The economy in Switzerland has been struggling lately. Recent activity within the country has taken a significant hit since the economic slowdown that has had an impact on Europe....
Obama’s Net Neutrality Support Boosts $1.3 Trillion Industry
Barack Obama’s surprising support for net neutrality could help boost internet startup innovation, causing the online market to more than double in value by 2020.Obama said earlier this week...
Chinese Profitability Rising on Pivot to Domestic Consumers
Steady consumer price inflation and a consistent fall in prices for producers could make Chinese companies more profitable as the nation pivots from export-driven to a domestic demand-focused economy.Chinese...
Norway’s Economic Outlook Promotes the need for a Sustainable Economy
The central bank of Norway has recently elected to keep its interest rates the same, at 1.5%, although they have announced that the economic outlook for the country has...


