Greek government on verge of...

November 02, 2011

After nations of the EU met in Brussels and voted n favour of another round of bailout for Greece, the country is on the verge of collapse due to their reluctance to accept the terms of the agreement....

UK projected to lose positio...

November 01, 2011

In an ongoing battle of the economies around the world, it is projected that the UK will lose its status as the sixth largest global economy later this year to Brazil. The newest figures released by t...

Leading economists urging Ch...

October 30, 2011

According to 100 of the UK’s leading economists, Chancellor Osborne should take drastic measures immediately in order to avoid another recession. They are calling for a ‘Plan B’ in order to salv...

Despite IEA efforts, the pri...

October 27, 2011

Even though the International Energy Agency made an historic effort to reduce the high price of oil, it remains over $100 (USD) per barrel which is quite worrisome to economic forecasters. Added to th...