Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek oikos (house) and nomos (custom or law).
Global debts are at a new record high of $244 trillion (3Q/2018). Debts are rising particularly sharply in China, Saudi Arabia, South Africa and Turkey. […]
In 2018 global markets have lost $16.7 trillion in market value – almost equivalent to the European Union’s GDP. The world stock markets have been […]
Last week the USA turned into a net oil exporter for the first time since the mid-1940s, when Harry Truman was in the White House. […]
Japan’s central bank (BOJ) has become the world’s second central bank after the Swiss National Bank and the first among G7 countries to own assets […]
The global stock markets selloff means October could finish as the worst month for MSCI’s all-country index in at least seven years. The bear market […]
The past week’s stock market slide has wiped $2.6 trillion off the value of global equity. The S&P 500 lost more than 5 percent in […]
According to the latest Ministry of Finance data, total debts among China’s state-owned firms amounted to $16.36 trillion by the end of July (64.9 percent […]
Last year Europe’s ‘shadow banking’ sector shrunk for the first time after more than a decade of often rapid growth. Assets dipped 0.1 percent to […]
During the second quarter 2018 US-CEOs authorized $436.6 billion of stock buybacks, topping again the record set in 2007. Apple alone announced plans last quarter […]
The world’s four biggest central banks (FED, ECB, BoJ, BoE) have pumped around $13 trillion into the global economy since the crisis year of 2009. […]
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