Finance is the study and discipline of money, currency and capital assets.
How do currencies compare? Realistically? THE ECONOMIST turns to burgernomics to find the answer. Burgernomics, or the Big Mac index is based on the idea that exchange rates should adjust in such a way that the price of a basket of goods, or a Big Mac in this case, in different locations around the world,…
The country of Ireland is known to be a popular choice for investors – partly a function of their 12.5 percent tax rate. This is one of the lowest tax rates in the developed world. However, low tax rates are not the biggest draw card for investors. The profits a country chooses to tax, referred…
Reuters means that the World Economic Forum terrifies us with a litany of global risks every year, while challenging us to make better use of facts and reason to address our problems. And tackling that challenge is exactly what Reuters and its parent, Thomson Reuters, do every day: harnessing information of all kinds from all…
Reuters reports that U.S. rail and trucking companies are making big investments on both sides of the border. This, in accordance with Mexico trade boom – to and fro the U.S. And as the U.S. economy creaks along, the growing business with Mexico is a cause for cheer: Both Kansas City Southern and Union Pacific are reporting…
With this article, the Economist expounds on modern-day financial greek myths, and enlists what happened after the euro zone rescued Greece in 2010. So, as a consequence, Germany insisted on enlisting the IMF. Then some worried about letting the Washington-based institution meddle in Europe. But Germany wanted the IMF as external enforcer, to impose rigour not…
Modern politics are currently faced with the challenge of mitigating inequality without damaging economic growth and subsequently the world economy. However, in the majority of the emerging world, leaders would rather bury their heads in the sand when it comes to the issue of inequality. Why is this? Because at the heart of this subject…
