This Article was written by Faisel Pervaiz , a specialist of India’s economy. Background: Economic expansion and industrialization will increase India’s dependence on imported oil in 2017. Legislative battles and the conflict inherent in India’s vast democratic system will make it ...
Oil prices hit their lowest level since summer 2004 this week, continuing the rapid shift that began in July 2014. The global benchmark, Brent crude oil, closed trading Jan. 8 at $33.37 per barrel, closing out the lowest week of prices in more ...
Analysis The months-long stalemate between Brazil’s ruling Workers’ Party and the opposition has finally been broken, and President Dilma Rousseff is one step closer to losing her post. On Dec. 2, Eduardo Cunha, the president of Brazil’s lower house of ...
The U.S. Federal Reserve announced Dec. 16 that it will raise short-term interest rates to 0.25-0.5 percent from the current 0 to 0.25 percent, citing favorable economic conditions, according to an official press release from the Board of Governors of ...
Old strategies are no longer yielding results for Venezuela. Nevertheless, in 2016, the Venezuelan government will continue prioritizing foreign debt payments and reinvestment into the energy sector at the expense of imports. So far, this strategy has allowed it to ...
Adrien Gonin is a young and rising economic analyst. He studied Economics in top French and German University. He is widely recognized as an expert of European and American Economies. Since 2003, The European Union and the U.S. have been preparing ...
A key goal of this week’s visit to Israel by French Economy Minister Emmanuel Macron was to lure Jewish investors and high-tech talent back to France, the Wall Street Journal reported on Tuesday. Indeed, during his visit in Israel, the French ...
Algeria belongs to the locals. Arriving in Algiers’ Houari Boumediene International Airport, it’s readily apparent that the facility wasn’t designed with tourists in mind. Distractions found in other regional airports, such as high-end shopping, restaurants and souvenir kiosks are absent. Loitering ...
Nigerian state is now the largest economy in Africa, and global multinationals are queuing up to tap into its potential. Yet there are still major hurdles for the country to overcome before it can properly silence its critics. The clouds ...
It is a shift in US strategy against terrorist movement Daech. Although the White House ensures that its “strategy in Syria has not changed,” the US has given the green light to sending ground troops in the north of Syria. ...