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World economy

World economy

The ball on Japan’s court As recent financial crisis and turmoil raise concerns over global banks and their ability to cover their own expenses, there has been another major development: the insurance costs of corporate bonds in both Japan and Australia skyrockets along with their estimated credit risk. The iTraxx

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Dubai
World economy

As a home to Burj Khalifa and the largest city in the United Arab Emirates, Dubai is also one of the most successful cities in the Middle East. Naturally, a lot of its splendor comes from oil revenue, actually almost all of it is paid for with oil money. But

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people from dangerous countries
LivingWorld economy

Top 10 most dangerous countries to live in Unlike the best countries in the world to live in, where anyone can have their personal favorites and preferences, the criteria behind the top 10 dangerous countries in the world are pretty self-explanatory. They reflect your chances to get abducted, killed, or

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top ten countries
World economy

Top 10 countries to live in There are many countries in the world; some are better to live in than others, although it is mostly up to one’s personal tastes. Some people prefer the warm climate of the Mediterranean or the extremely high living standards of Scandinavian countries. We need

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UK in European Union
World economy

It would not be far-fetched to say that David Cameron won the last elections on a promise to hold a referendum on the United Kingdom leaving the European Union, obviously aiming for the Euro-skeptic votes. After a narrow escape on the Scottish independence referendum, Cameron lost a lot of political

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prospering countries in the middle east
World economy

Despite popular opinion and stereotypes, not everyone in the Middle East is an Arab, or rich, for that matter. There are many nations and ethnicities, including Turks, Iranians and Israelis to name just a few. Also, not everyone is at war with each other; yes, there are wars and violence

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