From its beginnings in 1843, when The Economist newspaper was founded by a Scottish hat manufacturer to further the cause of free trade, The Economist Group has evolved into a staunchly independent global media and information-services company with intelligent brands for an international audience.
In the past, it has been customary for countries to desire a strong currency – or at the very least a stable one. However, post the financial crisis its seems a strong and stable currency is not always at the top of the priority list. In fact. A depreciating currency stands a country in good…
The Economist reports on a European mega-merger gone wrong between Britain’s BAE Systems and EADS, the Franco-German owner of Airbus. More than a bitter blow to the two companies, their proposed blooper of a €38 billion merger also dismantles hopes for the emergence of a more integrated European defence and aerospace industry. Although the intended merger would…
This article tackles the combined dilemma of inequality and the world economy. The Economist means that a new form of radical centrist politics is needed to tackle inequality – without hurting economic growth, that is. In accordance with America’s history, by the end of the 19th century, governments introduced progressive taxation and paved the way to social…
The recent arrest of a Google Senior Executive based in Brazil – for refusing to remove videos from YouTube – has surprising helped the company to restore its image as a defender of free speech. However, only 2 weeks earlier, Google had jeopardized this image by blocking internet users in eight countries from watching a…
While the function of money is obvious, it’s origins are anything but. The known use of money dates back millions of years. Various currencies have evolved over this time, from electrum coins in Turkey to paper in China and Cocoa in Central America. But how did these agreements of currency come about? Experts state that…
Experts have warned us not to get too comfortable with the idea of a suspended lull in the euro crisis. Along with a multitude of other concerns regarding firm-footed countries unwilling to pander, a new concern is being presented by Helsinki, Finland. Recently the Finnish finance minister, Jutta Urpilainen, created a quite a fuss when…
