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IMF cut its global growth outlook for 2013

The International Monetary Fund cut its global growth outlook for this year and the next one. Capital outflows are projected to further weaken emerging...

Most overvalued property markets

Having analysed 21 established property markets worldwide, The Economist magazine has compiled a list of the most expensive home prices when compared against rents. The...

Strong earthquake hits Japan

// Japan's meteorological agency says it has lifted a tsunami warning for the northeastern coast 90 minutes after a 7.4-magnitude earthquake struck offshore. The quake...

GCC GDP expected at 5.5%; Inflation in control

· GDP growth in GCC expected at 5.5% and 3.7% in 2012 & 2013 respectively · Public debt to GDP ratio to decline to 11.4%...

The Most Reputable Countries in 2013

The annual list of The Most Reputable Countries in 2013 was released today by the New York and Copenhagen-based private consulting firm, The Reputation...

Global Entrepreneurship Week 2011 Kicks Off

Starting today, in 123 countries, millions of current and aspiring entrepreneurs will kick off third-annual Global Entrepreneurship Week 2011, Nov. 14-20.

Investors bullish about prospects for global growth

BofA Merrill Lynch Fund Manager Survey Finds Investors Displaying Growing Conviction in Growth Portfolio managers indicate that QE era is coming to an end Investors are increasingly...

World’s Most Attractive Countries for Foreign Workers in 2018

If you had to move abroad for work, where would you most like to go? According to the latest edition of the Boston Consulting Group’s...

Consumer confidence declined among Middle Easterners

Consumer confidence declined in four of six Middle East and Africa markets in Q1 2013, reflecting negative sentiments about personal finances and job prospects,...

Alarming Trends in Youth Unemployment

Unemployed or Unemployable? Unemployment among the young people is becoming a global issue this year with more than 75 million youngsters looking for job. What...

Oil prices to jump 10% on supply fears and strong demand

The International Monetary Fund forecast oil prices will gain 10 percent on average in 2012 compared with a year earlier on possible supply disruptions...

Gadhafi agrees to stop fighting

Col. Moammar Gadhafi has agreed in principle to stop all hostilities in Libya and let in outside forces to help keep the peace, according...

Radiation spreads after Explosion at Japanese Nuclear Plant

Reporters and specialists say that the radioactivity is low and not dangerous to the health After the powerful earthquake of 8.9-magnitude hit Japan early Friday,...

The Best Cities for Expats Worldwide; And The Worse

The Expat City Ranking 2020 reveals the best cities for expats around the world, and the worst in rankings. Out of 66 cities in the Expat City...

CrossTalk on Osama: Was War Worth It?

Has Osama Bin Laden's death made the world better and safer? Was justice done? Is the War on Terror coming to an end or...

Gold, Recession, and Why Britain May Win the Currency War

Gold's long run price behavior is to view it not as a commodity, but as a currency Against which currency you measure gold? Preliminary data released...

IMF forecasts Middle East growth to accelerate

Overall economic growth for the Middle East region is forecast at 4.2 percent in 2012 Inflation will average 9.5 percent In it latest World Economic Outlook...

Eurozone moves closer to banking union

On Wednesday, the Eurozone moved a step closer to a banking union. It revealed a plan for the European Central Bank to regulate banks,...