IATA lowers airline profits forecast
IATA, which represents over 200 airlines, lowers its global airline profits forecast to $18 billion for 2014. The International Air Transport Association (IATA) said...
Asian overall debt increased in 2013
At 208% of GDP, Asian overall debt reached a record high in 2013, compared to 192% the previous year. Indebtedness increased across the whole...
Wind energy can reduce CO2 emissions from power plants
The American Wind Energy Association (AWEA) is reminding that wind energy can reduce CO2 emissions from power plants. The Environmental Protection Agency is about...
Prostitution plus illegal drugs 0.7 percent of UK GDP
Prostitution plus illegal drugs make up approximately 0.7% of the United Kingdom’s GDP, i.e. about £10 billion ($16.76 billion) each year. Illegal drugs are...
Brazilian economy grew 0.2% in Q1 2014
The Brazilian economy grew by just 0.2% during the first quarter of 2014 compared to the previous quarter, says the Brazilian Institute of Geography...
EU energy security, Commission puts forward strategy
With EU energy security at the fore of most European leaders’ minds, especially after the scares of 2006 and 2009 caused by a Russia-Ukraine...
Ukraine pays 786m dollars towards 3.5bn Gazprom debt
Hopes are raised as Ukraine pays 786m dollars towards its $3.5bn debt with Gazprom. According to EU Energy Commissioner, Guenther Oettinger, Ukraine and Russia...
Agricultural productivity to reduce global malnutrition
For global malnutrition to decline two things must happen: 1. Incomes in developing nations must grow. 2. Agricultural productivity must continue to improve. If...
India GDP growth 4.6% in Q1 2014
India GDP growth of +4.6% for the first quarter of 2014 (the fourth quarter of India’s financial year) was the same as in the...
Electric school buses make economic sense
Millions of dollars could be saved by school districts in the US if they utilized electric school buses, plus children’s exposure to diesel fumes...