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Is it the Russian scenario to reverse trend?

Online since 2 days

334 words You are Russian, and you are in charge of containing and even reversing the very unfavorable trend Russia is suffering from because of the simultaneous dramatic fall in oil prices, significant weakening of the ruble against the US dollar, ...

Interview: Debt is the biggest issue for Europe

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656 words Maurizio Giuliani, Founder and Strategist at M. Giuliani & Co. in the Torino region in Italy, has answered Cyceon’s questions on various topics of macroeconomic relevance. M. Giuliani & Co. is an investment advisory firm that provides financial advisory ...

Mobile anything will be next years’ profits

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340 words On the one hand, there is much satisfaction providing evidence a social network website can become profitable. “We got a lot done in 2014. Our community continues to grow and we’re making progress towards connecting the world,” said Mark ...

Financial markets prepare for a Greek default

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166 words Harsh time for Greek financial markets after Greek banks’ valuation plunged as the new government of Prime Minister Alexis Tsipras has barely started to challenge the bailout. “There is no room for mistakes,” he said, that’s why Greece won’t ...

Who is Greece’s Finance Minister Varoufakis?

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290 words Yanis Varoufakis, 53-year-old Greek-Australian economist and author, has been appointed Finance Minister of the newly-elected government of Prime Minister Alexis Tsipras. A member of the Greek parliament, representing the leftist party Syriza, Varoufakis has graduated in mathematics and statistics ...

3D printing’s becoming a no limit revolution

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154 words There may be a bubble growing about the market valuation of 3D printer manufacturers, however their sector has become by itself a nodal topic of business news and long-term growth prospects. Main current vector of zero marginal cost production, ...

High foreign risk on Europe’s economy

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149 words The euphoria appears unending on the financial markets boosted by a rise in consumption in the USA and greater than expected European Quantitative Easing (QE). There are green lights everywhere on the road of Europe’s economy thanks to the ...

USA wants to become India’s “best partner”

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192 words While attending a parade of tanks made in Russia, US President Barack Obama and Indian Prime Minister Narendra Modi reaffirmed the bilateral ties that bind “the world’s two largest democracies.” Economy was of course the focus of the talks ...

One arrested in NYC for economic espionage

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138 words Three alleged Russian spies have been identified. Two of them who benefited from diplomatic immunity have left the US soil already and one of them has been arrested, said the FBI. As an employee with a Russian bank, the ...

Who does not want the French Rafale in India?

Online since 6 days

218 words The sale of 126 Rafale aircrafts built by French manufacturer Dassault Aviation to India is a priority issue for France in Asia, eventually bringing a first sale worth 18 billion euros in export to this multi-role aircraft whose quality has been praised ...

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In Brief

Qatari Investment Authority and Canadian firm Brookfield Properties have taken over Canary Wharf Group in a 2.6 billion pounds deal. On its about us page, the Group prides itself of “turning a once derelict Docklands into 97 acres of London’s, and the world’s, most sought after office and retail space.”

Real GDP in the USA increased at an annual rate of 2.6 percent in the fourth quarter of 2014, according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 5.0 percent.

The Bank of Russia Board of Directors decided to reduce the key rate from 17.00 to 15.00 percent per annum due to the shift in the balance of risks of accelerated consumer price growth and cooling economy.

The annual variation of Spain’s GDP in the fourth quarter 2014 was 2.0%, against 1.6% in the third quarter, the Instituto Nacional de Estadistica announced. By temporary aggregation of the four quarters, Spain’s GDP volume growth for the whole year 2014 was estimated to be 1.4%.

As part of efforts to enhance operations and strengthen existing commercial ties initiated through codeshare agreements with International Consolidated Airlines Group, SA (IAG) as well as its membership of the oneworld alliance, Qatar Airways has acquired a 9.99% stake in IAG.

On January 28, 2015, the Baltic Dry Index (BDI) fell to 666 points, a 28-year low and a bad news for global growth. BDI is a number issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index provides “an assessment of the price of moving the major raw materials by sea.”

US unemployment aid plummet to nearly 15-year low and made the biggest decline in 2 years as weekly applications dropped 43,000 to a seasonally adjusted 265,000, the US Labor Department said.

Last leader of the USSR, Mikhail Gorbachev, warned about tougher sanctions from the West against Russia that could further aggravate the situation in Ukraine into a hot war.

Following the mysterious death of prosecutor Alberto Nisman, Argentina’s President Christina Fernandez has proposed plans to disband Argentina’s Secretariat of Intelligence (SI) that “has not served the national interests,” she said. Nisman was investigating the 1994 bombing of a Jewish community center in Buenos Aires.

Russian government sources confirmed Kim Jong Un, North Korea (DPRK)’s top leader, will likely visit Moscow in May 2015 to attend war victory ceremony. In what sounded like a reply, the US-Korea Institute warned the DPRK may be trying to restart the Yongbyon nuclear reactor capable of producing plutonium for atomic weapons.

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