Latest in: Economy
-
Global Oil Supplies Plunging, Re-balancing Expected in 2017
Hit by low prices, growth in global oil supply is plunging and will only start re-balancing in 2017, the latest International Energy Agency medium-term report for the next five year says. But the report cautions that...February 23, 2016 984 0 -
Falling Oil Prices Hurting U.S. Energy Companies : EIA
Lower oil prices in the international market caused a 35 percent dip in the U.S. mining and exploration investment in 2015, the lowest in at least nine decades, according to a latest report by the Energy...February 14, 2016 1059 0 -
62 Billionaires Hold More Wealth Than 3.6 Billion People : Inequality Study
Just 62 individual billionaires around the world have more wealth than 3.6 billion people combined, according to a latest report by an international charity which says ending the global web of tax havens is the key...January 20, 2016 1314 0 -
Strong Job Data Reflects Resilience in U.S. Economy
The United States added 292,000 jobs in December in a sign of gradual growth in the world’s largest economy but a global slump in commodity and oil prices continued to weigh on the mining industry with...January 9, 2016 860 0 -
What prevents fair distribution of Pakistan’s economic gains
With a middle class of around 40 million, the demand for high-end products has been on the increase for quite sometime in Pakistan. An import of one million smart phones every month and increased demand for...January 9, 2016 1519 0
