The current events in Egypt have caused worries worldwide. Since protesters got attacked by President Mubarak’s supporters, Egypt could find itself on the verge of a civil war if the government fails to compromise with the protesters and violence escalates.In this case, the entire Middle East could be destabilized within days and trigger a number [...]
There are many who predict that the increasing economic and political power of Asia will make the 21st century the “Asian century”. Given that several forecasts about China’s economic development see China overtaking the U.S. as the world’s largest economy in terms of GDP well before mid-century, there is a chance that Asia’s leading economies could [...]
The recent surge of the U.S. dollar against other major currencies - most notably the euro due to Greece’s financial woes - could potentially be severely damaging to the American economy.
The strengthening of the dollar is obviously not accompanied by a strenghtening of the overall economy. Unemployment is still at 9.7%, President Obama just recently proposed his $ [...]
Huge budget deficits as we can see them in all major countries in the world these days appear to have become an issue that people worry about, but somehow have learnt to accept. Except for China whose deficit is only at 2.9% of its GDP according to The Business Times - a very moderate deficit given [...]
Currently I’m working on a research paper with the title “On the Threshold to a New Energy Age - America’s shift towards renewable energy as a consequence of the energy crisis and climate change” and as part of my research, I conducted a poll to find out how prepared people are for the New Energy [...]
