Poverty and widening inequality reach record highs
According to a recent survey of poverty, the ranks of those classified as poor remained at record highs in 2011. What is more, the...
Improved economic outlook triggers higher oil prices
Ahead of reports forecast indicating an improving U.S. economy outlook, oil trades near the highest close in four months. Futures went through a slight change...
ADB cuts Asia growth estimates for 2013
The Asian Development Bank reduced its estimates forecast for 2012 and 2013 for the Asian region. That happened on Wednesday when the amount of...
Sensational Spa Stays in Thailand
Amari, the hotels and resorts brand celebrating the colours and rhythms of modern Asian hospitality is offering sensational Spa Packages, specially designed for relaxation and rejuvenation. Offering...
What is Fiscal Cliff? Everything You Need To Know
Recently a popular term in world news, the fiscal cliff is very much discussed and feared by portfolio managers and investors.
What does the fiscal...
World Population Day 2014: Top 10 Mega Cities
Today we mark the World Population Day – the annual event that aims to raise awareness of global population issues and teach us of...
Early voting results in the US favor Obama
According to the early voting results, President Obama leads the elections in the United States. Republican rival Mitt Romney follows closely, show the summary of...
Global Emotions Report Reveals Most Miserable and Happiest Countries
Led by Bolivia and El Salvador, Latin American countries dominate the top of the list of the most emotional countries in the world. On...
A Train Wreck in the Bond Markets
Why investors, fearful of currency depreciation, have turned to gold...
NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro.
Well,...
Why Won’t Fine Art Collapse?
What were once merely baubles are now being touted as investment necessity...
"The oddest thing thing about today's Great Depression?" asks Adrian Ash at BullionVault....
dnata and Costa Cruises team to develop Local Cruise Source Market
dnata, one of the world’s largest combined air services providers, has been appointed as a Passenger Sales Agent (PSA) for Costa Cruises, the leading cruise...
Another relief for the European crisis
With the ending of the vacation season Europe is going through an economic tailspin. Unemployment in Greece is 24.4 percent while capital flight from...
Get ready to pay more for food!
Food prices surging around the world
Drought conditions in Russia and North America caused worldwide food prices to increase by 6 percent in July, according...
Moody’s cuts growth forecasts for emerging economies
Moody's Investors Service on Thursday downwardly revised growth forecasts for Group of 20 emerging economies, citing a troubled external environment and weaker domestic demand....
Dubai’s largest investor in education spread its wings towards Switzerland
Dubai-based investor in education plans to open Gems World Academy next year for hundreds of Etoy students in the canton of Vaud. The school will...
Million Dollar Home-Movie Theaters
If you have a few million dollars, you can watch your favorite movies surrounded by Middle Earth or in your very own Batcave. Companies...
World’s Most Expensive Cities in 2012
The global financial crisis and EU’s debt crisis still rocks the boat of the globaleconomy. The average living cost is still rising in America,...
Bird Flu threats reported in Asia
In world news, the bird flue popularity is skyrocketing in recent days. Cases of the deadly desease have been reported in East Asia, namely in Pakistan, Bangladesh, China and Hog Kong.