The base of the economy is completely shaken up with plummeting crude oil prices, increasing poverty and rampant rise in inflation. Venezuela’s economy is hit by recession with its vital financial indicators ranking at or nearly the bottom. However Venezuela’s President Nicolas Maduro, blamed its...

Greece is about to enter a critical condition of cash crunch soon. Alexis Tsipras, Greece’s Prime Minister visited Berlin to meet Angela Merkel, the German Chancellor this week. The meeting took place at the time when Greece’s relation is in trouble with other Eurozone partners. However, Merkel did...

Confidence in the euro-zone economy is rapidly declining. In the initial stages of the burst in the currency zone crisis, only investors actively withdrew their funds, but now they are joined by central banks. Investors and central banks are actively selling Euro, leading to a further reduction in...

Morgan Stanley analysts downgraded the outlook for prices of some commodities noting that "sleepy" China's industrial sector is not able to support the demand for primary commodities. As reported by Bloomberg, the forecast of nickel prices for 2015 has been lowered by 23% - down to $ 14,815 per...

On Friday, the dollar fell sharply against major currencies, showing the worst weekly performance over three years against Euro and the largest weekly decline against Yen and Swiss franc in two months, amid concerns about the pace of interest rate hikes in the United States. The sharp drop in the...

The depletion of our natural capital is detrimental to our survival as a species. In order to stem further degradation and depletion of it, it is vital that CEOs closely collaborate with the academia so that they can quickly grasp key ideas and concepts that will be of commercial benefit to not...

Small to medium sized companies are increasingly playing a larger role in the green economy towards and are leading the pack towards environmental compliances. If you think when it comes to protecting and nurturing the environment or improving the working conditions of employees, bigger companies...

US federal regulators have allowed Amazon to test drones to deliver the goods, writes The New York Times. - FAA today issued an experimental airworthiness certificate to Amazon Logistics to design unmanned aircraft, which the company will be using for research, development and training of crews, -...

During the reporting period, JKX revenues fell down 19.09% compared to the same period of 2013, to 146.2 million dollars. Gross loss of the company amounted to 35.69 million against the profit of 33.43 million dollars. The net loss of the British oil and gas company JKX Oil & Gas Plc,...