The Real State of the Economy - Good or Bad?

There is something about the US Economy at the moment that I for one don't get. Now it may be that being a brit, I am a little slow on the uptake; this has been known to happen every now and then but at the moment I cannot fathom several things out.

Globalization and Poverty - Even Indian Farmers are effected

In certain states of India there is an epidemic of farmers suicides. Today farmers in every village are facing debt and despair.

The Good Economy

The Presidents tax cuts have cost the US treasury 2001 to 2006 one trillion dollars for 800,000 new jobs, so lets figure a trillion is one thousand times a billion. If we were to give one million dollars tax free at random to 800,000 high school graduates or newly unemployed on the condition they could never ask for government assistance again during their life time the cost would be eighty billion dollars thus we could achieve the same results as the Presidents tax cuts with a savings to the treasury of 920 billion dollars!

Should Government Prevent House Price Crashes?

House prices in the UK have been rising at phenomenal rates. However many economist predict in the future house prices could fall. If this were to occur what would be the economic implications and should the government do anything about it?

Future of Interest Rates in UK

A look into prospect for interest rates in UK following the MPC latest inflation report. Generally inflationary pressure seem lower than expected

Bad Economics on TV: Trump and Kiyosaki on NBC's Today

There is no doubt that Robert Kiyosaki and Donald Trump are two leaders in understanding wealth creation. However, on a recent interview on the Today Show, they failed to exploit an opportunity to correct one of the misconceptions people have about wealth. Many believe that wealth is limited and that view was conveyed to these entrepreneurs. Learn about how that issue was addressed.

India Marches Ahead to Emerge as the Largest Economic Power of the World

For over a century the United States has been the largest economy in the world. Major shifts have however taken place in the last two decades. During the last 30 years the weight of the world economy has shifted from the US and the rich countries of Europe to China and India.

Can We Feed Everybody?

The question of overpopulation is rising now mainly among developing countries as their economic growth seems to be influenced by population density.

THE SEZ's: The Fire Continues to Burn

The Indian government has approved proposals for 180 special economic zones (SEZs) with an idea that it would invite foreign direct investment, provide jobs, and promote the development of secondary industries to service firms. If SEZs were so beneficial then why this huge protest in many parts of the country. For one thing, many of the approved sites are located on prime agricultural land – leading to complaints that the SEZs are more of a coordinated land grab by the rich than coordinated economic development.

Capitalism Under Attack: Petrodollars, Petroeuros and the Iranian Oil Bourse

Understand why a recent financial decision of the Mullahs makes a military intervention in Iran a very real possibility, and a withdrawal of US troops from Iraq much less likely. This article is a must-read.

Poverty In India

India as a developing country features a great number of population which cannot be provided with sufficient food, shelter, social and medical care.

American Policy And China

China's increasing power necessitates a reassessment of U.S. foreign policy toward China. The most fundamental U.S. interest in the region is the prevention of Chinese hegemony. For the present, the United States is the pre--eminent military power in East Asia. Assuming we do not alter our current deployment plans, this will remain the case for at least ten years. But a long-term perspective is..

Why Did The MPC Increase Interest Rates In UK - January

To the dismay of householders and industry, the Monetary Policy Committee unexpectedly increased interest rates for the third time in only 6 months. Interest rates now stand at 5.25%. Although the increase was only a quarter of 1%, it will add considerable financial burden to the UK's overstretched borrowers. A look at the justification for raising interest rates and whether it was a good idea.

Quebec Court Might Give Permissions For A Group To Pursue Gaz Companies For Overpricing

Today news broke out in Quebec, Canada, that a group has asked permission to fill a lawsuit against gas companies because of a raise of 1,3 cents a litre that was putted in place by all the big gas companies around January 1st. This raise was the cause of a policy that the government of Quebec wants to establish in order to make gaz companies pay an environmental tax.

What is Ethical Clothing?

Garment workers throughout the globe are traditionally paid the minimum wage and work long hours in poor conditions in order to produce the clothes that we take for granted.