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The tiny relation between terrorist attacks and economy disruption

In the last eight days at least four different terrorist attacks had been carried out all around the world.[1] Terrorism is the new 21st Century security dilemma, posing a security threat as never experienced before.   What makes terrorism so fearful? Terrorism targets civil populations randomly and indiscriminately. Such frivolous characteristics of terrorism give it an Read more about The tiny relation between terrorist attacks and economy disruption[…]

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Bitcoin Weathers the Digital Currency Storm

Current State of Bitcoin Digital currency, once a pioneering industry, is now saturated with a multitude of offerings from the notorious Bitcoin, to newcomers like Zcash. However, when Bitcoin reached its peak price point in late 2013, its supremacy and growing legitimacy brought optimism to the long-term prospects of digital currency. Bitcoin now (16/2/16) sits Read more about Bitcoin Weathers the Digital Currency Storm[…]

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Brief Analysis on World Economic Forum’s 2016: Global Risk Findings (I)

Last week, the World Economic Forum took place in Davos (Switzerland). This 2016 meeting rounded up the world’s top leaders and experts to discuss major current economic issues affecting our world. The agenda of this year covered topics from environmental and health backgrounds to migration movements, also featuring several press-conferences with Presidents from all over Read more about Brief Analysis on World Economic Forum’s 2016: Global Risk Findings (I)[…]

Irish manufacturing continues to expand as orders flood in

Irish manufacturing activity increased for the 18th month in a row in November as exporters saw new orders flood in at the fastest rate in almost four years, a survey showed. The Investec Manufacturing Purchasing Managers’ Index stood at 56.2 in November, down from 56.6 a month earlier but comfortably above the 50 mark that indicates growth Read more about Irish manufacturing continues to expand as orders flood in[…]

Consumers set to spend almost €4bn over Christmas

Irish shops are bracing themselves for their best Christmas since the nadir of the economic collapse, with a new report suggesting consumers are set to spend €4 billion between now and the new year. The upbeat forecast is contained in Retail Ireland’s Christmas Monitor, which tracks key trends across the economy and the retail sector Read more about Consumers set to spend almost €4bn over Christmas[…]

China ready to cut rates again on fears of deflation

(Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making. Friday’s surprise cut in rates, the first in more than two years, reflects a change Read more about China ready to cut rates again on fears of deflation[…]

Japan records smallest trade gap since June ’13

Finally, some good news for Japan: the country’s trade deficit was considerably slimmer than anticipated as exports rose at their fastest pace in eight months. The trade deficit came in at Y710bn in October, the smallest shortfall since June 2013 and down 26 per cent from Y961bn a month before. Analysts had expected the trade Read more about Japan records smallest trade gap since June ’13[…]

Euro zone trade surplus jumps in September on stronger exports

A surge in exports boosted the euro zone trade surplus in September to more than double the previous month’s value, pointing to a positive contribution from trade to the euro zone’s economic growth in the third quarter. The European Union’s statistics office said that the unadjusted external trade surplus of the 18 countries sharing the Read more about Euro zone trade surplus jumps in September on stronger exports[…]

China October data shows economy cooling further, need for more policy support

BY XIAOYI SHAO AND KEVIN YAO BEIJING Thu Nov 13, 2014 4:06am EST See at: http://www.reuters.com/article/2014/11/13/us-china-economy-activity-idUSKCN0IX0C520141113 (Reuters) – China’s economy lost further momentum in October, with factory growth dipping and investment growth hitting a near 13-year low, testing the government’s resolve to avoid stronger stimulus measures. The soft performance cemented the view that China is on track Read more about China October data shows economy cooling further, need for more policy support[…]