Home / World (page 130)

World

5 reasons you should care about Russia’s falling ruble

Russia’s ruble was tanking on Tuesday faster than journalists could type, hitting levels against the dollar that were unimaginable even a week ago. 1) So why should I care about a weak ruble? Russia’s plummeting ruble is swiftly upturning the nation’s broader economy and threatening instability in a major world …

Read More »

China to boost investment in Latin America to $250bn within decade

The Chinese government will invest $250 billion in Latin American and Caribbean countries over the next 10 years in an attempt to strengthen its presence in a region dominated by the US. The volumes of bilateral trade between China and the region’s countries could reach $500 billion, said Chinese President …

Read More »

A wine revival at the foot of the Caucasus

After Forbes LifeStyle magazine voted Georgian wine among 9 best wines to start drinking in 2015, here comes the NYTimes with 52 places to go in 2015, ranking Georgia at #25. Georgia has all the makings of the next great wine destination: the world’s longest-running unbroken wine tradition (underground fermentation in …

Read More »

11 Major Logo Redesigns of 2014

2014 was a busy year for logo redesigns, but who actually improved on their old marks? PM Digital put together the infographic below showing 11 major logo revamps from 2014. For each one, PM says whether it loved the new design, liked it, or would have preferred the old one …

Read More »

Why Is Azerbaijan So Important To U.S., Europe?

Government officials in Europe and the United States have offered only muted criticism of Azerbaijan throughout a year of rampant human rights violations that included the arrest of journalists and activists and the closure of numerous NGOs. For a possible explanation, we look at Western strategic interests in the energy-rich …

Read More »

IMF mission to return to Ukraine

An IMF mission has arrived in Ukraine to resume talks on providing financial assistance to the country, which is on the brink of default. The IMF estimates Kiev needs an extra $15 billion of aid to overcome the crisis. “We are working according to the issued statement, according to the …

Read More »

Infographic: World Oil Prices

2014 has been quite a crisis year for the world economy, which is associated with a significant drop in oil prices. The process began in the spring of 2014 and further accelerated in the summer. The decrease in prices is still taking place daily. Currently, the price of a barrel of …

Read More »

Ruble lost 5 percent against the oil plunge

The Russian ruble lost 5 percent on Tuesday on the second day of post-holiday trading on the Moscow Stock Exchange. Sliding oil prices, which dropped below $50 per barrel on Monday, continue to weigh on the currency. The ruble lost 5 percent against the dollar, trading above 64 rubles midday, …

Read More »

What You Searched Google For 2014

In 2014 was a huge year. Big events, deaths, mysteries and celebrations. It was the year of the Russian Winter Olympics, Soccer World Cup, Ebola Virus, The Ice Bucket Challenge, Robin Williams Passing, The Flappy Birds Games, The Selfie Stick and even the Scottish Independence Referendum. Below is an infographic …

Read More »

Brent Oil Falls below $ 53

Bloomberg reports that the price of Brent crude oil fell below $53 a barrel for the first time since May 2009 sparking a wider selloff in equity markets as oil majors and explorers suffered. Record oil production from Russia and Iraq pushed Brent Crude down to $52.9 a barrel and …

Read More »

Oil Is Below $50 A Barrel — And It’s Still Falling

Oil is still falling this morning, after WTI crude went below $50 a barrel for the first time since May 2009 yesterday. At 11 am GMT (6 am ET), Brent was trading at $51.71 a barrel, down 2.57%. Previously, it went as low as $51.28, and that’s another five and …

Read More »