Economy

In the light of the spreading globalization, states have realized that in the present circumstances it is not a rationale option to stay in isolation and that they need to work together and integrate into a network that would bring ...

India is among the top emerging economies of the world; Standard Chartered economists led by David Mann predicted that India likely to surpass U.S to be world’s second largest economy by 2030. Emerging markets (E7) could grow around twice as fast ...

Though sanctions are not particularly effective as many political scientists believe, they have become a common diplomatic tool for nations especially after the end of Cold War. Nations and nongovernmental agencies use sanctions as a tool to influence or punish ...

The International Monetary Fund (IMF) sharply lowered its growth forecasts for the euro zone as its German engine shows serious signs of weakness while Italy seems set for stagnation. The Eurozone should see its gross domestic product grow by only ...

British Prime Minister Theresa May blamed members of Parliament for the need to extend the Brexit deadline, a move that’s already undermined attempts to win support for her Brexit deal. May gave a brief speech on Wednesday, hours after she had asked ...

YoungDiplomats decided to publish the list of the 10 most powerful man according to Forbes. Most of the people on the list are from governments or related to policy. Nevertheless, two of them are strictly tied with business and Bill ...

Japan’s GDP represents 7.86 per cent of the world’s economy. The country had one of the G7’s lowest GDP growth rates over the past 20 years, coming second only after Italy. In 2013, Prime Minister Shinzo Abe introduced pro-growth policies, ...

NEW YORK (Reuters) – Wall Street ended up down by more than 3% on Tuesday, as the trend towards a reversal of the yield curve weighed heavily on financial stocks. Technology and industry fell into doubt about Washington and Beijing’s ...

The Eurozone is built on the idea that some requirements within national economies must converge. For instance, on national budget, member state can’t have their budget superior to 3% of their GDP. But, such criterias are sometimes blamed by political ...

Chinese President Xi Jinping and Vice President Mike Pence traded barbs at the Asia-Pacific Economic Cooperation summit in Papua New Guinea on Saturday, with each laying the blame for the trade war and growing geopolitical rivalry at the other’s doorstep, ...