World News

16.07.2014   |   World News

Ugandan Women Encouraged to Join Agribusiness

Local organisations involved in boosting job creation efforts are considering pushing for the increased the number of women in the agribusiness sphere, a move directed at mitigating the countries levels of unemployment. The reasons for looking out for more women in commercial agriculture are premised on...

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Citigroup Agrees to Pay Historic Fine

US bank Citigroup will fork out a total of $7 billion to settle a federal investigation into how it misled investors into buying risky mortgage-backed securities with flawed loans ahead of the 2008 financial meltdown. The settlement announced by US Attorney General Eric Holder included a...

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15.07.2014   |   World News

Portugal Banking Crisis Sends Tremors through Europe

A mounting crisis at one of Portugal’s biggest banks and signs of a deepening economic slowdown in Europe have sent tremors through financial markets, triggering a sharp fall on European bourses and a flight to safety across the world. Portugal’s regulator suspended trading of Banco Espirito...

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The American dollar as a cause of Ukraine’s war

The reasons for the US foreign policy in Ukraine seem to be global and prosaic. America is just trying to overcome its financial crisis. Its intentions are capturing the consumer market of the European Union by scaring the Europeans with "Russian aggression". But unlike past...

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Is Bitcoin subject to law?

As Bitcoin is developing its opportunities, the authorities of some States refer to it with increasing suspicion, an article on the Polit.ru Russian site says. At the end of 2013 early 2014 central banks began to publish reports warning users against unwary transactions with Bitcoin....

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14.07.2014   |   World News

The European Debt Crisis Was Never Over

The financial pundits and network talking heads are wailing and gnashing their teeth over the news that the Portuguese flagship bank, Banco Espirito Santo, is insolvent and can’t meet its short term paper obligations. The stock market has been going through the roof, and the...

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America In the Face of Asymmetric Warfare

The United States is still the premier military superpower in the world, however, she is not without significant weaknesses, and the value of the USD is one of them, observes the Western Journalism. As America continues its deficit spending, the world is now wondering whether...

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Capitalism is coming to its end – What comes next?

The Organization for economic cooperation and development (OECD) has released a long-term outlook for the world economy up to 2060. According to the statement on the dal.by website , by that time, the economic growth will have slowed down to about two-thirds of the current...

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