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World economy

The Grand Ethiopian Renaissance Dam
World economy

The Grand Ethiopian Renaissance Dam is expected to be one of the largest in Africa (in terms of hydropower at least). Its estimated production is 6,000 MW. The storage reservoir has a surface area of 1561 km² at level of 640 m, i.e. 146 m behind the dam which holds a large volume

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The Eastern Crisis
World economy

The Eastern Crisis Last Monday saw one of the most unprecedented crisis in financial markets since 2008. China’s Black Monday actually took its toll on several markets, totaling some 182 billion dollars in losses for 400 richest people on the planet alone. Financial markets and their players

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Greek Economic
World economy

Greek Economic Crisis With news regarding Greek economic crisis hitting the headlines all the time, it seems that the future of the country is really vague. Will Greece reach an agreement with its creditors? Are we seeing the first country to exit the Eurozone soon? What does the future hold

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