David Blanchflower, former monetary policy committee member of the Bank of England, has told media outlets that he believes interest rates will remain below 1% for at least another five years. This is good news for people with debt, but bad news for savers. However, Lord Mervyn King, former governor of the Bank of England […]
2016 in Review : Things that Defined India
India has been of the most prominent democracies in the world, lagging only behind the US. Where the secular model of living shines to its peak. In times of Trump administration, where the whites have started to realize their numerical advantage over the minorities, or very least being made to realize that, it’s a great […]
“Understanding Wahhabism”: From Radicalisation to Global Jihad
Introduction Radicalisation plays an important role especially during the discussion of global jihad, however, its emergence is not discussed quiet frequently thus, making this important issue ignored. The word “Wahhabism” rings in countries sharing the borders of the Ferghana Valley, the Uzbekistan, Kyrgyzstan and Tajikistan, Chechnya, and the Russian Republic of Dagestan. Fundamentalism or “Wahhabism”, […]
Barclays Bids Africa Goodbye
When Barclays opened its first branch in Africa in 1925, it was the first international bank to venture onto the continent. Originally a bank primarily for colonialists, Barclays is known for being a pioneer in emerging markets. This announcement, made in early March, was not unexpected, but was nonetheless surprising: Barclays has said they will […]
Merchant Cash Advance Companies: 3 Reasons Why They’re Good for Your Small Business
As far as the global economy goes, 2016 did not start off on the best foot. Beginning with additional stock market instability in China, the past two months this year has seen highly unstable markets throughout the major economies, an American financial community bracing for another interest rate hike from the Fed, and up north […]
Oil Prices Continue to Wreak Havoc on Global Economy
Following a brief rally at the start of February, oil prices once again plunged below $50 a barrel after the government reported a new record high for crude stockpiles in the United States. According to the Energy Information Administration, US crude stockpiles rose by 4.9 million barrels to 417.9 million barrels in the week ended […]
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