World Economy – Page 12

Greece Exit (GREXIT) – A Boon Or A Bane?

January 24, 2015April 17, 2017deenazaidiEurope, Eurozone Crisis, Financial Crises timeline, InfographicsLeave a Reply

By the end of 2014, Greece owed “troika”(European Central Bank, the International Monetary Fund and the European Commission) €253.3bn. In 2014, many talks were doing the rounds of a possible exit of Greece from the Eurozone. With snap elections in January 2015, Greece is again put on a spot. There is a lot of speculation as to how things could change for Greece in case radical left-wing party Syriza wins. Sunday Elections for Greece could either make or break the future of Greece depending how the elected government handles rising tensions between the troubled nation and its creditors, Eurozone government and IMF.

BANKING DEVELOPMENTS

January 23, 2015December 12, 2020deenazaidiBanking Scandals, Economy, World EconomyLeave a Reply

Banking Industry has evolved tremendously over a period of time. Nowadays, modern banking sector is doing away with its traditional methods and shifting focus to a more advanced and digitally connected network. While many countries are still struggling to get basic banking facilities, there are others that are growing not only in number but facing fierce competition from non-banks. As we all know, banking, in recent years, is not all about depositing and taking loans but much more.

How far has BRICS come?

January 19, 2015April 17, 2017deenazaidiAsia-Pacific, China, Economy, India, World EconomyLeave a Reply

As emerging markets enter turmoil, questions regarding BRICS remain unanswered. China was known for being the second largest economy that could drive the asian markets towards infrastructural growth and development. But this year some troubling news from mostly all the emerging markets with Brazil’s debt being reduced to “junk” status. What started, as a pompous affair of five nations coming together in support of one another’s infrastructural needs, now appears to be more of a promotional event.

A Second Financial Crisis – are we in denial?

January 11, 2015April 17, 2017deenazaidiAsia-Pacific, China, Europe, Eurozone Crisis, Japan, Japan's Lost decade, United States of America, World EconomyLeave a Reply

Six years of the financial turmoil has given a reason for many debates, research, arguments, discussions and even research work to many. To many nothing has really changed, in fact to them, we might be looking at something more serious in 2015. The question that is important is whether there is any truth to the occurrence of second financial crisis or are we just in denial?