Chinese Economy – Trouble Brewing The early part of this decade seemed to usher in mixed signals for many major economies of the world. While Greece spelt a volatile Euro and a tumultuous European Union, the BRICS seemed all set to dominate. Brazil, Russia, India, China, and South Africa formed the BRICS bank to present […]
Tag: World Economy
Conservation of Energy – How Can All Nations Come Together
The various sources of energy being used these days can be broken up into two major groups – the conventional sources of energy and the alternative sources of energy. The conventional sources of energy are the traditional ones such as the various fossil fuels like coal, oil, and natural gas, and even wood to a […]
Oil Prices and the Global Economy
Oil is often referred to as Black Gold and with good reason. Oil has powered the industrial and transportation growth for the last 100 years ever since the discovery of oil at the Spindletop geyser in Texas in 1901. Although oil has been around for centuries, its commercial exploitation was triggered by the Spindletop discovery. […]
The Foundation for Modern Day Technology
Curiosity and need have been triggers that have driven the human mind to explore, discover and invent. Modern day technology has evolved to touch every aspect of human life, with ICT (information, communication and technology) touching our lives more visibly and directly. Gadgets that we use today are a result of innovative use of technology […]
Is the World Economy in Trouble?
At the present moment the U.S. is perhaps the only country in the world in a favorable economic position. In fact, the conditions are such that a hike in interest rates could become possible come December. However, the world economy in general is in a far from healthy state according to Mark Weinberger, the CEO […]