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November 17, 2024
Economy

Oil prices could double if Middle East conflict escalates

November 18, 2017 at 11:21 PM
Scarcity doesn’t really justify the upward price movement. There isn’t a shortage of oil in the world. But there could be, in the worst case, if missiles start flying between two of the world’s largest oil players: Saudi Arabia and Iran. Read More »

India to become world’s third-largest economy by 2028

November 15, 2017 at 02:34 PM
Bank of America Merrill Lynch says India is likely to achieve strong growth over the next decade and will overtake Japan in nominal GDP. It is well on track to become the world's fifth largest economy by 2019. Read More »

These 35 cities in China are as wealthy as some countries

November 14, 2017 at 10:07 AM
Decades of skyrocketing economic growth have resulted in some Chinese cities having economies as big as many countries. Read More »

‘The business of China is business. The business of America is war’ – Gerald Celente

November 07, 2017 at 03:15 PM
While the United States is concentrated on wars, China wants economic prosperity, according to business consultant Gerald Celente. He predicts the Chinese economy will become the largest in less than 10 years. Read More »

The rise of the petro-yuan

October 30, 2017 at 05:19 PM
China is aiming to overthrow the US dollar as the currency of choice for the oil market, a move that could have far-reaching consequences. Read More »

China to overtake US as world’s largest aviation market in 5 years

October 30, 2017 at 10:43 AM
The hub for world air travel will shift to Asia from the United States and Europe, according to a forecast by the International Air Transport Association (IATA). Read More »

New Zealand homes ‘no longer for sale’ to foreigners

October 26, 2017 at 01:56 PM
Foreigners will soon not be allowed to buy existing homes in New Zealand as the country is facing a housing affordability crisis due to soaring property prices. Read More »

Saudi Arabia plans to build $500bn high tech mega city 33 times bigger than NY

October 26, 2017 at 10:28 AM
Saudi Arabia has announced plans to build a new mega-city across its borders with Jordan and Egypt which will be entirely powered by renewable energy. Read More »

Brazil Considers Plan To Feed Low-Income Children “Human Pet Food”

October 25, 2017 at 02:06 PM
SÃO PAULO – A new, controversial plan to feed low-income children and adults in São Paulo with powder pellets made from nearly expired food has drawn the ire of critics, who have called the product “human pet food.” Read More »

Bitcoin ‘going to implode’ like Enron – Saudi billionaire Alwaleed

October 24, 2017 at 03:02 PM
Bitcoin is going to implode, repeating the fate of US energy and commodities giant Enron, Saudi billionaire investor Prince Alwaleed bin Talal said. Read More »
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