Unthinkable Iceberg for Europe’s Unsinkable Ship

Sorry, but history didn't end sometime between your birth and your breakfast today... BACK in 2009 when Barack Obama received the Nobel Peace Prize...

International speakers to discuss Iraqi energy market

Experts from across the industry take part in Basra Oil & Gas International Exhibition & Conference Internationally acclaimed experts from across the oil and gas...

MENA oil exporters’ growth to increase in 2012

The oil exporting countries of the Middle East and North Africa are expected to see economic growth accelerate in 2012 to 6.6 percent. The...

Global economy risks skidding toward recession, IMF

The International Monetary Fund says in its latest forecast that the world economy has declined further and will recover more slowly over the next...

Food prices increase to its highest in six months

According to the United Nations’ Food & Agriculture Organization, world food prices in September reached its six-month high as dairy and meat producers passed...

East Asia growth reaches 11-year low

According to the World Bank, policy makers in Asia’s emerging economies could provide more fiscal incentives as China’s downtrend drags the region’s growth to...

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...

Samsung files lawsuit over Apple’s iPhone 5

Samsung accuses Apple of violating its patents. This is further intensifying the relations between the two companies. We remind you that Samsung just won...

Asian and Middle East Real Estate HNW Investors Prefer London

The majority of overseas high net worth individuals pinpoint London real estate as their top target investment class, according to the inaugural International Private...

IATA Predicts Better Profits for Global Airlines

The International Air Transport Association (Iata) has raised its profits forecast for global airlines in 2012 by a third to $4.1bn, due to efficiencies...

Main sea freight index up on increased demand for large vessels

Rosier times ahead of shipping stocks The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry commodities, rose for a third straight...

Comeback in Sentiment Towards Europe

U.S. Fiscal Cliff Replaces EU Sovereign Risk as Top Global Concern Europe is staging a comeback in investor portfolios while concerns about the U.S. fiscal...

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,...

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...

Basra Oil & Gas International Conference & Exhibition Preview

Basra International Fair Ground With proven reserves of around 143 billion barrels, Iraq has the third largest reserves in the world situated across 79 oil...

US Government unveiled open-ended steps to aid economy

On Thursday, the US Federal Reserve unveiled a series of bold and flexible steps designed to stimulate the economy. The action is expected to...

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...