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Latest news about the state of the world economy.
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Infographic: How to Protect and Hedge against Inflation
As the cost of living increases, consumers find their purchasing power eroded due to the effects of inflation. Similarly, investors sometimes also overlook the fact that inflation can erase...
Spain’s Most Indebted Region Fails To Pay Its Social Workers
Nearly 100,000 social service workers in the Spanish region of Catalonia may not receive any salary for the month of July, claimed a report by AFP on Wednesday, after...
Lower Demand, Prices Send China’s Steel Profits Tumbling 96%
China’s steel industry has seen its profits plummet by nearly 96 percent in the first half of the year, said a senior industry official on Tuesday, as demand for...
Infographic: The Cost Of Being Batman
Unlike many other popular fictional superheroes, Bruce Wayne, a.k.a. Batman, does not possess incredible powers to aid him in his fight against crime. Instead, Batman relies on a combination...
Tech Start-ups In South Korea Surge As Youths Snub Jobs At Big Companies
Thousands of South Korean students are rejecting the opportunity to secure lifetime jobs at the nation’s biggest companies in order to begin their very own technology start-ups, said a...
World Bank Promises Action To Counter Rising Food Prices
The World Bank is ready to help governments cope with global food price volatility, said its President Jim Yong Kim on Monday, after grain prices had rose dramatically in...
Iran Sentences Four People To Death For $2.6 Billion Bank Scam
An Iranian court has sentenced four people to death for embezzling over $2.6 billion from half a dozen Iranian banks, reported Reuters on Monday, with the accused believed to...
Infographic: Head-to-Head Between The Great Depression & Great Recession
The recessionary period following the 2008 financial crisis has often been compared to the Great Depression in 1929. But how do these two financial events actually compare? Check out...
360 Million Indians Hit By ‘Worst Blackout In Decade’
Nearly 360 million residents in North India woke up to no electricity early Monday morning, reported Bloomberg News, after a massive grid failure in the capital of Delhi had...
Muslim Tourists To Spend $192 Billion Globally By 2020: Study
Global spending by Muslim tourists is expected to reach $192 billion a year by 2020, claimed a new study cited by AFP on Monday, with the growing affluence of...


