Latvia joins the Eurozone
On January 1st Latvia, a former Soviet republic and the European Union’s fastest-growing economy, became the 18th member of the Eurozone.
The euro was born...
World temperature to rise 4°C by the end of this century
By the end of this century world temperature will increase by at least 4°C if current CO2 emissions are not reduced.
The findings come from a...
Google robots and Amazon drones wrestle for future of parcel delivery
As Amazon announces the launch of its "parcel drone" Prime Air project, and Google pitches in with the concept of driverless cars and robots,...
US Consumer Confidence Index rebounded in December
After slipping in November to 72, the US Consumer Confidence Index improved in December to 78.1 (1985=100), says the Conference Board.
The Expectations Index rose...
US home prices rise 13.6% in one year
US home prices rose 13.6% in October 2013 in twenty cities compared to October 2012.
This represents the highest increase in over 7 years,...
NAFTA twenty years on, the winner, Mexico
NAFTA (North American Free Trade Agreement) is now 20 years old.
So, how well have the US, Canada and Mexico fared under North America’s equivalent...
Canadian consumer confidence at 3-year high
After improving steadily throughout the year, Canadian consumer confidence reached its highest level in three years during the fourth quarter of 2013, according to...
Pay workers more, says CBI, UK
John Cridland, head of the CBI (Confederation of British Industry), says British companies should pay workers more and offer them better opportunities so that...
Ford is now the best selling car brand in America
Ford was North America's best selling car brand in 2013.
The company announced that it managed to sell over 2.4 million vehicles in the North American...
Chinese local government debt nearly $3 trillion
Chinese local government debt has increased by 67% over the last 3 years to $2.95 trillion (17.9 trillion yuan).
A much higher level than...