The World at a Glance

A short read at your local newspaper stand and you’ll find that the world economy isn’t doing very well… From negative readings of economic indicators to political conflicts, it seems like the good days are gone. Stock markets around the world are doing badly, and so are the commodities market and the different sectors as…

My Europe Trip Part 3/6

Paris Boasting branded handbags and apparels, Paris is definitely on every Fashionista bucket list. What about travellers? Apart from the handbags and the Eiffel Tower, take it from me that Paris is definitely worth visiting. There’s something about Paris that makes you fall in love with the city. Nope, I’m not talking about the fancy…

My Europe Trip Part 1/6

Travelling in Europe, something that is listed on everyone’s bucket list. Yet, people procrastinate to travel there because they assume that it’s expensive (so much so that it could hit 5 digits for the travel). No doubt it’s a tad expensive, but if you thrift, trust me the trip would be awesome. If you’re someone…

ECB Quantitative Easing: What about it?

On the 22nd of January 2015, the European Central Bank (ECB) launched a massive government bond-buying program which will inject hundreds of billions in new money into the euro zone economy. The ECB said that the purchasing of sovereign debt will last about a year and a half from March onwards, till the end of…

The Crashing of Oil Price

When the market closed on 9th Jan, the crude oil ended with a price of USD $48.36. This was almost 50% its value from a year ago in Jan 2014. Before taking an attempt to reason out the cause for such a plunge in its price, it is important to understand that there was no…

Is Europe heading for a recession?

A glance at Europe’s economy and you might tell that it isn’t exactly doing very well. The European Union (EU) recorded a trade deficit of 8900 EUR million in August 2014 compared to a trade surplus of 1600 EUR million in July 2014. At different parts of Europe, Germany industrial production has decreased, while Italy…