EconomyWatch.com

Here at EconomyWatch.com however, we only care about one thing – whether DSK’s scandal and subsequent resignation has had any impact on the global economy.

In East China’s industrial province of Zhejiang there are 500,000 enterprises – and not enough electricity to run them all at the same time. Insiders say the power shortage could be the worst since 2004.

The federal debt reached the legal maximum of $14.3 trillion today and the US federal government says it will not run out of money to pay its bills.

...The mentality has changed. And as that persists through all the thuggery thrown at it, so the Arab world will never be the same again. That is why I fundamentally disagree with Dr George Friedman...

what’s the difference between a personal loan, a cash loan and a plain ‘ole credit card (apart from the fact that you don’t want a cash advance at 18 percent compounding interest on your Visa thank-you-very-much).

One of the positives of raising interest rates is that they attract foreign capital. On the surface, this makes complete sense. If U.S. rates are near zero and the European Central Bank raises its main rate to 1.25%, the current level.........

No sooner had we breathlessly reported April’s record highs for gold and silver, at over $1500

and close to $50 per troy ounce respectively, than commodities stage a ‘flash crash’, startling

investors and traders alike.

Last month Warren Buffett invested in BYD, an electric car company in China. So does this mean we should all jump on the China tech investment bandwagon?

Iraq and Afghanistan sit near the top of a list of the world’s most corrupt nations despite years of occupation by Anglo-American forces and more than $1 trillion of US taxpayers’ money having been spent on the two nations since 2001.

Who says miracles can’t happen? After four straight days of steady decline, crude oil prices finally plummeted by nearly 9 percent on Thursday to US$99.80 a barrel – the first time it has been under US$100 a barrel for nearly two months...