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Everyone is well aware of the current financial crisis occurring in Greece and despite the recent election and the bailout measures, there is very little optimism towards Greece’s economic future. While the social structure is crumbling however, the desperation has created new opportunities for the educated youth looking for work. CNN reports on the new digital
China’s manufacturing industry has forced them to become an extremely resource dependent nation. Knowing this however, the Chinese have been strategically purchasing large amounts of both precious and rare-earth metals.With direct access to Mongolia’s deep rare-earth deposits, China has bee able to control the industry and ultimately set prices. NASDAQ reports on
July 13, 2012 Warsaw, Poland One of the things that sets Warsaw apart from every other European capital is the noticeable lack of an old city center. Athens, Paris, London, Rome, Prague, Kiev– these cities are thousands of years old, and it shows. One of Europe’s delights, in fact, is the continent’s well-preserved
Energy is what keeps us, our technology and our economies moving. Scientists and engineers are constantly looking for new, more efficient ways to create and sustain energy. Despite the recent advances in natural gas cultivation and the small strides that have been made in renewables, electricity costs are still on
In an attempt to force Iran away from pursuing nuclear research, the UN has emplaced extremely harsh economic sanctions preventing almost every country from trading with Iran. In addition to the financial hurdles it’s caused Iran and others who want their oil, it’s also created a complete shift in Irani
When social media giant LinkedIn had their customers’ passwords compromised several weeks ago, many people woke up and realized the severity of cyber threats. The latest major breach of cyber security happened recently at Yahoo where hundreds of thousands of passwords were leaked on the internet. Information Week reports on the
When you think of European cultural capitals, the places that typically come to mind are: Paris, Vienna, Amsterdam, Berlin or several others. However, a little known city in Ukraine called Lviv, is also a hotbed of cultural diversity and economic trade. CNN reports on why Lviv is one of the most underrated cities
After the housing bubble popped in 2007, many people realized the dangers of easy credit combined with speculation. However, while US politicians are currently doing everything they can to artificially inflate the housing market, Chinese officials are implementing every possible measure to deflate their growing real estate bubble. The Asia Times reports on the
July 12, 2012 Brussels, Belgium Late last night I arrived to Brussels. As the capital of the European Union, Brussels is Europe’s political mother ship, the home base of the continent’s good idea factory. You may recall, for example, the proposed EU regulations from 2010 which required all foods to be labeled by
Anyone who has ever taken out a loan for a car or a house understands the importance of having a high credit score. Peoples’ entire lively hoods hang in the balance of having a good number, but recent economic hardships have caused many people to default on loans and wreck
California along with several other states are currently experiencing severe economic recessions because of the massive debts they’re accumulated. To combat the deficit, California has been has been drastically raising taxes and business fees to increase revenues. This strategy however is hurting California as many companies are leaving the state for
Over the past three decades, the Asian markets for the most part have grown relatively rapidly. Hong Kong, Singapore, South Korea and Taiwan have recently been referred to as the Four Asian Tigers, however the recent growth of the Philippines has caused investors to wonder when there will be five tigers instead of
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