World News

13492
09.12.2014   |   World News

Hyperinflation Hits Venezuelan Bolivar

Another fiat currency struggles to stay afloat. Within black-market currency exchanges, the Venezuela Bolivar has lost about 50% of its value versus the US Dollar in November. According to Cryptocoins News, the nation-state has suspended reporting of their inflation rate in a sign of desperation....

Read More
13449
07.12.2014   |   World News

399 мln years to pay off the US debts

The current debt level of $18 trillion would thus take more than 399 million years of working at the average wage to pay off. This means that even if every man, woman and child in the United States would work for one year just to...

Read More
13438
  |   World News

“Bad” loans in China will peak next year

The number of "bad" loans of banks of People's Republic of China will increase to a peak value in the second part of the next year. The growth of negative index can be explained with a strong slowdown in the economic component of the country. The...

Read More
13435
  |   World News

British companies are not so attractive any longer

Based on information from the National Statistical Agency of the United Kingdom, the Financial Times world's largest economic edition reports that in the third quarter of this year foreign investors bought only 19 British corporations. It is safe to say that the UK companies lose...

Read More
13432
  |   World News

Yen hits its seven-year low

The state of the Japanese economy in recent years generates many questions. The unstable situation, conflicting decisions of the authorities and, as a result, the Prime Minister Shinzo Abe had to dissolve the lower house of parliament although the policy of Abe also raises many...

Read More
13426
  |   World News

Reshaped Swedish Government collapsed quickly

The Cabinet ministers of Sweden headed by Leftists leave their positions and retire. New composition of the government had been unable to reach consensus with the opposition parties on the country's budget for next year. Due to numerous disputes only this decision was taken. Past elections...

Read More
13420
  |   World News

Next year eurozone will go into recession

Lately rumors about slowing economic growth in the eurozone are spread increasingly. According to some experts, the decline in demand on the part of the People’s Republic of China and the Russian Federation will start a strong recession in the eurozone next year. According to November's...

Read More
13417
  |   World News

European Central Bank downgrades its inflation forecast

The head of the European Central Bank Mario Draghi made a statement at a press conference that the latest macroeconomic indicators demonstrated that despite all efforts to avoid the negative dynamics economic growth and inflation in the Eurozone declined. According to the head of the...

Read More
13414
  |   World News

Russia suspends fowl supplies from America

The government of the Russian Federation decided to reduce significantly fowl supplies, as well as finished poulty products and by-products from the United States of America. The organization "Rosselkhoznadzor", which is responsible for food, declares that this decision was taken for security reasons. Officially, the cause...

Read More