Economics : Business & Finance
A unified Gulf currency has asserted itself as a quintessential goal for Gulf countries and a pillar for the awaited Gulf economic integration. Nevertheless, despite the expected benefits of the monetary union, numerous obstacles hinder the esteemed leap.
The success story behind Berkshire Hathaway's Warren Buffett--who is also the company's largest shareholder and CEO--spans back to his years packing groceries at his grandfather's grocery store. Buffet showed maturity beyond his years when he decided that he would rather make money th
At no other time in human civilization has economics played a greater role in the stability of Nations. The economics of the twenty-first century are indeed more complex and interdependent than ever before. The massive scale of money flows to all parts of the world is truly astounding and thus the i
This professional GPS Satellite Navigation Device has many functions including video playing, audio playing, picture viewing, E-book reading. Also it contains enhanced positioning technology, high sensitivity, excellent signal acquisition, mp3/mp4 player, internal games, extensive map router and att
A recession as part of our lives could perhaps be compared to how a wheel operates - it has its "ups" and as it turns around, its "downs" will follow. This current recession hitting us means that we are now in the "down" portion of that wheel, and so there is no use wor
Something very strange is happening in the financial markets. And I can show you what it is and what it means. If September didn't give you enough to worry about, consider what will happen to real estate prices as unemployment grows steadily over the next several months. As bad as things are no
Newspapers have Business sections. They don't have Labor Sections. Award-winning journalist, this Labor Day, explores the problems in America (and the media) that affect workers.
Summer of 2008... People associated with the asphalt industry know this time period very well. It was when the prices of asphalt rose unpredictably. In two months pricing went up a staggering 70%, causing major grief for the industry and its patrons. Oil producers are already creating major concerns
The US dollar, which has served as a world reserve currency for nearly 38 years appears to be in jeopardy as far as its status of a reserve currency goes. The world seems not to blindly trust the US dollar any longer for this purpose as its intrinsic value seems to be under challenge.
Why Laying off teachers today will impact the education level of our kids tomorrow. If kids are poorly educated tomorrow, how on earth can they consider retirement?
The European Union was destined to fail from the beginning as many had predicted. Milton Friedman predicted it would fail by 1992, he missed his target. In 2011 Greenspan also predicted that it wouldn't last as their fixes after the global financial crisis was not enough, and the countries coul
Well, "glory be, we have reelected our Prince, Barack Obama," I felt like singing in sarcasm. So what will happen to our economy now you wonder? Well, the Congressional Budget Office (CBO) has already explained that if we go into sequestration, or even if we have large budget cuts of our f
Anyone who lives in the United States realizes that we have a bit of class warfare going on. That's pretty upsetting because America has always stood for excellence, rewarded winners, and given an incentive for upward mobility. If those who succeed are clawed back and their monetary rewards sto
Because of what the world is facing, there is a call for all of us. This call is for us to reflect what we are doing, where we are going, and what kind of future are we making. What is recession and what is inflation are common topics of conversation.