BUSINESS

Business news from around the globe

The price of oil in 2015

The price of oil in 2015

By Jim O‘Neill  In late 1979, I began work on my PhD thesis, an empirical investigation of the OPEC surplus…
U.S. stocks plunge into red territory after volatile trading

U.S. stocks plunge into red territory after volatile trading

U.S. stocks slashed big early gains to turn lower Tuesday despite upbeat data, extending losses for a third straight day.…
The ten safest airlines in 2014 has Australia’s Quantas top of the list

The ten safest airlines in 2014 has Australia’s Quantas top of the list

With 2014 having the dubious distinction of being the year of some of the most tragic and mystifying aviation incidents…
A cognitive bubble in Brisbane

A cognitive bubble in Brisbane

By Ashoka Mody World leaders at the G20 Brisbane summit lacked a fundamental grasp of global growth dynamics. But scarier…
Panama Canal planning major transshipment port on the Pacific entrance

Panama Canal planning major transshipment port on the Pacific entrance

The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s…
How can Europe escape recession in 2015?

How can Europe escape recession in 2015?

By Guntram B. Wolff  Europe’s New Year’s resolution should be to implement policies to reduce conflicts in neighbouring countries, and to…
Success in the Euro area will require constant hard work from Lithuania

Success in the Euro area will require constant hard work from Lithuania

By Christoph Klingen As celebrations around the globe usher in 2015, a few extra champagne corks will pop in Vilnius. Lithuania…
Greece to the Eurozone’s rescue

Greece to the Eurozone’s rescue

By Ashoka Mody The European Commissioner for Economic and Financial Affairs, Pierre Moscovici’s unnecessary—and unseemly—visit to Athens served to spotlight…
The New EU Voting system – the old west-east north-south division

The New EU Voting system – the old west-east north-south division

By Prof. Attila Marján Economic governance reforms and Eurozone consolidation has significant institutional and political consequences: a multiple-tier integration is ever…
Bulgaria gets nod for EUR 2 bln in EU funding for transport projects

Bulgaria gets nod for EUR 2 bln in EU funding for transport projects

Prime Minister Boyko Borisov said on Thursday the European Commission has approved EUR 2 B in financing under the 2014-2020 Operational Programme Transport for…
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