The largest economies in the world are also among the most indebt countries. The long feared sovereign debt crisis is here and puts pressure on all of us. Some of the most reputable economic analysts suggest that this sovereign debt crisis could be much worse than the 2008 financial crisis so many investors play safe these days. Many economies are still in recession and the global economic situation makes the recovery even more difficult. They all are somehow on hold waiting to see what’s next before making another move. (more…)
Posts Tagged ‘Economy’
The perfect balance between politics and economy is difficult to reach and even more difficult to maintain. The economic evolution depends mainly of the political decisions made by governments and the thin line between the economy and the politics has never been as untouchable as it is in the 21th century.
The history shows us how the political decisions become more important, influencing the economy and the society at a larger scale. Nowadays even apparently insignificant political actions influence the economy evolution and if we take into consideration the major countries, a wrong decision could affect the global economy. (more…)
The inflation represents the increase of the general level of prices in a economy, in a certain period of time. This means that the prices of goods and services had generally increased in the reviewed period of time.
In the last century the global inflation constantly increased, with a small acceleration in the last few decades. Many economists fear that the global recession could be followed by a significant rise of the global inflation. (more…)
Taking a good look at the monthly budget it’s crucial for any rational individual before taking the decision to invest some money, even if it’s a small mount. If you want to invest you can do it staring from as low as $50, but remember that any investment is a risk so don’t invest any money you cannot afford to lose. To keep yourself away from this risky situation you start by analyzing your budget. Cut off any predictable costs, rates and savings money that you will deposit into a savings account. If you still have some money after these cuts, than you can start thinking about investing the remaining money. (more…)
In the last ten years the oil price fluctuated a lot. In 1999 during the Asian Financial Crisis doubled by increased oil production of Iraq, the oil price was set at one of the lowest points in history: $17 per barrel.
After that low point the price started to move constantly upwards. In early 2008 the oil price hit $100 and by July, in the same year the oil set a new record high of $147.27 per barrel. The geopolitical aspect consisting in international concern over Iranian missiles tests played a very important role in reaching this high value for a barrel of oil. (more…)