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Surging Oil Catches Traders Off-Guard
After losing 50% of its value in 2014, oil prices have surged in 2015, rising from $40 to over $60 a barrel in just three months. The price of...
Mozambique Officials Expect Economy to Grow by 7.5 Percent in 2015
According to government projections, Mozambique's growth will come from such sectors as gas, electricity and agriculture. Authorities also aim to develop the country's vast natural gas reserves to boost...
Baltimore Unrest May Cause Lasting Harm to Local Economy
The Freddie Gray protests and riots rocked Baltimore for days. While this unrest has already caused considerable damage and economic harm, economists fear the long-term damage may be more...
Australia Cuts Interest Rates on Currency Slide
After the worst month on record for the Australian dollar, the nation’s central bank cut its key rate to 2%. That represents a 25 basis point cut which many...
Democrat Schism on Trans-Pacific Partnership
Despite broad support from mainstream economists, the Trans-Pacific Partnership deal is losing political support in America. President Barack Obama has doubled down on the deal, announcing his intentions to...
Nepal Economy Will Take Years to Rebuild after Earthquake
Nepal's economy will undergo long-term recovery, stemming from a 7.8-magnitude earthquake that killed over 5,000 people. Nepal needs the help of nations and banks from around the world, and...
Could Space Be The Next Frontier For Super-Wealthy Investors?
Arguably, the most famous astrophysicist in the world, Neil DeGrasse Tyson, has posited that the first private trillionaires in the world will make their money by exploiting the endless...
Russian Central Bank Cuts Interest Rate to Boost Economy
Russia's central bank cut a crucial interest rate by 1.5 percentage points, bringing the rate down to 12.5 percent. The cut marks the third adjustment for 2015, and the...
Rwandan Economy Projected to Remain on a Strong Growth Path
When one thinks of Rwanda, a war torn country full of impoverished people with no notable economy of any kind probably first leaps to mind. However, in reality, Rwanda...
The Week in Review: Europe Growth Stalls, U.S. Consumer Spending Rises
A number of economic indicators suggest a surprise slowdown throughout Europe, while American spending doubles but remains pressured by moribund wage growth. This week the UK announced that its...


