Tags » U.S. Economy

Saudi efforts to 'modernise' its economy away from oil are just PR tactics - and the West is lapping them up

For years, oil analysts have suggested that Saudi reserves are nothing like the kingdom claims them to be

Asia

Per Capita GDP Contracts in 1st Quarter

Recessions are determined by two consecutive quarters of contraction in the nation’s Gross Domestic Product, or “GDP.”  But what if the GDP grows, but more slowly than the growth in the population?   394 more words

Politics

Michael Metcalfe: We need money for aid. So let’s print it

During the financial crisis, the central banks of the United States, United Kingdom and Japan created $3.7 trillion in order to buy assets and encourage investors to do the same. 36 more words

The Muslim Times

Invincible Institutions?

Winston Churchill memorably predicted the end of the German East Asia Squadron when it slipped out of Tsing-tao harbor under Admiral Maximilian von Spee. “He was a cut flower in a vase, fair to see yet bound to die.”  Winston knew that the Spee’s s squadron however imposing and bravely led had no means of support.   225 more words

Featured

Obamas' Great Depression

As of this morning GDP was announced as close to zero in the first quarter. Again.

Barack Obama has created a never-ending financial nightmare. GDP is zero…Obamacare costs are exploding…retail sales are awful…manufacturing numbers are awful…job gains are only for low-wage menial jobs for the uneducated or illegal aliens. 253 more words

Featured

The recent oil talks and price volatility

Doha talks

Oil prices made a smart recovery during first two weeks of April 2016 ahead of the Doha meeting between the OPEC and Non OPEC countries to reduce the production and curtail supply at the January levels by the major oil producing countries. 1,165 more words

Australian Economy