You Would Think Living in an Oil Rich Country Should Make Energy Costs Cheaper for Their People?

I went to fill up my car a few days ago and saw that the cost per liter of gas at $101.9. For those of you who are not on the metric system, that would equal roughly $3.57 a gallon. In Canada, the province of Alberta is booming, not because they just have wonderful beef, but the oil industry is flourishing beyond belief.

Ruined Rural Economy Of India - Neglected Preferences Part 6

The article revolve around the economic failure of Indian farmers and various factors which ruined farming sector are analyzed. It also suggest various steps to revive Indian and world agro sectors based on two theories of Som-Kalpna Spiraling Rural Economy Cycle (SKSREC) mode and Kalpna's Everlasting Economic Loop (KEEL).

Worker Salary - In A Clothing Factory

Ever wonder how much the workers are getting paid in a clothing factory?

Paid To Passage Straits Of Malacca

Moreover, the amount to be paid is a mere drop in the ocean and won't threaten their bottom line. The stepped-up naval patrols and aerial surveillance by Malaysia, Indonesia and Singapore have been effective in reducing piracy, but these are expensive affairs and so are the buoys, lighthouses and other navigation aids, and the measures to clean up oil spills. Since the littoral states have taken purposeful measures to come to grips with the issues of safety, security and pollution, it is incumbent on the international maritime community to lend them a hand. It is time the shipping industry took on board the idea that it too should contribute financially to the upkeep of one of the world’s busiest sea lanes.

Connecting the Dots of the American Financial System - A Homespun View

Remember those activity books for children? They were mostly coloring books with additional pages thrown in; mazes, word games, puzzles, and of course, follow the dots. I always liked the numbered dots, since at the end I could see a picture. Sometimes the image was totally different than what I expected.

Where Does The Money Come From

The one question nobody asks, and the one driving force that defines the sad state of the world today. The fact is, nobody knows, apart from a very few. But there are a few things we do know. We know that the money supply has been increasing world-wide at around 7.5% per year, and that local governments do not create any of it. And we know that all new money is issued by the banking system as interest-bearing debt. This truly is a curious state of affairs whereby someone somewhere is creating all this new money out of thin air and selling it to us through the banks at high interest.

Is a Recession Likely for UK Economy?

With growth forecasts in the UK currently of 3% it seems highly speculative to start talking of a recession in the UK. However there are certain factors that cause an element of concern.

An Industry Where Jobs Are NOT Exported

Does an industry exist that can benefit the economy, the environment, world peace, and create jobs while keeping them in the country? Believe it or not, the answer is a resounding yes! So what exactly is this industry and why is America not employing more of it?

Agriculture & Rural Development

Agriculture is essential to reducing poverty, with a 34 percent share of GDP in low income countries. Three out of every four poor people in developing countries live in rural areas and 2.1 billion survive on less than $2 a day. Over 80 percent of the rural poor depend directly or indirectly on agriculture for their livelihoods

Fighting Corruption in Projects

The World Bank Institute (WBI) supports operations by strengthening country capacity in all these areas. WBI particularly works to strengthen societal instruments of accountability by supporting media development, parliamentarians, legal and judicial reform, civic participation, private sector capacity for collective action against corruption, and youth leadership.

Engaging Economic Efficiency Efforts Evaluated

Every Nation has economic challenges and must deal with change. Just like in the Universe change is a constant. In the United States we have changes occurring with industry trends. Some cities have issues with changing job categories, shifts in manufacturing jobs moving from 30% to 17% to 10% and then those jobs being replaced by robots or retail or service sector which typically pays less.

What We Can Expect with Crude Oil Future Prices

With well over a century of steady usage of crude oil, it is fairly easy to predict some of the recurring trends in the rise and fall of crude oil future prices. Here are some examples of changes that we can anticipate to occur right on schedule.

Global Economy And The Unions

I listened to a Kenyan veteran world trade unionist talking during Labour Day celebration in Kenya, and I felt he echoed a fast fading and receding trade union sentiments. He talked about making sure that government and state corporation officials fly the national carrier only. He also talked about making sure that organizations are headed only by nationals, especially where there are qualified personnel.

Is Money a Myth - Technocracy Price System Debate and Talking Points

Debating the merits of the current price system can be a challenge for any economist as we watch the manipulated nature of the game - whether it be the gambling casino we call the stock market, currency trading, market maker plays, commodity trading power plays or the Fed trying to shore up the resultant of international flows, government borrowing or greedy manipulations.