India and South Africa Urge Richer Countries to Improve Their Offer in Global Trade Talks

India and South Africa have recently called for the wealthier nations to offer further cuts in their farm subsidies in order to help revive the global trade negotiations. Both the Indian Prime Minister Manmohan Singh and South African President Thabo Mbeki said that the suspension of the Doha Development Round of trade talks was not only disappointing, but it also resulted to serious setbacks on the part of the developing nations.

What Factors Are Affecting Oil & Gas Prices?

As with any commodity, prices for crude oil and natural gas will move according to a number of factors.

Third World Economy

Agriculture is very important branch of economy for the majority of developing countries. Production of the agricultural products is the main source of currency for developing countries and currency is necessary for buying some machines and equipment for development of agriculture. It is like a circle. That is why/ we all know about very difficult situation with food in developing countries.

Globalization and Modernity

Globalization is an increase of a role of the factors (economical, social or cultural) in production of all countries that participate in this process; it is a formation of a single world market or markets without national barriers and creation of the same juridical conditions for all the countries. As a particular stage of international relations globalization was born a few decades ago, but its formation has not ended yet until the beginning of the third millennium. However the society started paying much attention to this process only ten or fifteen years ago. Because of a great variety of political views and branches in modern world science there is no accepted definition of the globalization.

Optimism and Short Term Credits in Spain

A recent article in a Spanish newspaper revealed that short term credit in Spain reaches one billion euro this years. This announcement interested me, because the Dutch are famous for their propensity to save; they export more than they import, which is just the opposite in Spain where the imports outweigh the exports.

Oil Importers Relieved as Prices Drop below $64

Traders and importers were relieved last Tuesday when the cost of petroleum had dropped below $64 per barrel. The fall came after the Iranian government had made a softer and more positive response regarding its uranium enrichment project.

Common Currency Issues and Counterfeiting Discussed

There are huge issues today in the world with the counterfeiting of common US Currency and the problem is huge and we have seen our enemies using counterfeited currency as well as trading partners considered our friends.

Citgo? Really? Hugo Chavez, US Relations with Venezuela, and Oil Prices

Many Americans are calling for boycott of Citgo products lately. Why? The fact that Citgo is 100% owned by ...

The National Protection Racket - Who Is Buying In?

If you have ever watched Mafia TV shows or movies, you know how the protection racket goes. You buy protection for your business or family from the people who pose the greatest threat to your well being. The scam is so successful, government put it into practice before anybody ever heard of the Mafia.

Gas Wars: A Return to the Old Days in Atlanta, Georgia

If you are old enough to remember gas wars from the 60's, then you will understand what happened in Atlanta this past week. Read on for the details.

Dr. Ian Bremmer Speaks to the Chicago Council on Global Affairs at the Chicago Club

Dr. Ian Bremmer address the Chicago Council on Global Affairs speaking on the rise and fall of govenments. Dr. Bremmer highlights points in his new book on current global economic political issues world wide that effect the making and breaking of governments.

Re-employing the Laid Off Middle Class and Middle Aged

Although the unemployment rate in the United States of America is down around 4.7%, which is by far the lowest it has ever been in our nation we still have a problem with layoffs in large corporations, which is affecting the middle class. Many of these people being laid off are middle-aged and that means it might be tough for them to get jobs that are equal to their current employment.

US Unemployment Rates Down in August

Housing prices have leveled in the majority of the US and the Fed, worried about an economic slowdown, leaves rates unchanged. These are legitimate red flags for us business owners to be concerned about the expectations of the economy and the future of our businesses. Should we hire or should we minimize some of our resources to prepare our companies for a near future economic slip?

Increase Minimum Wage Won't Translate to Increased Economic Prosperity or Employee Productivity

Since the mid-1930's our society has traveled a path contrary to the founding fathers. There is more and more government and less and less individualism. The proposed minimum wage law is the most recent example of how government interference negatively affects human performance and removes the innate desire within humans to want to perform.

The Killer For Our Country

Unless certain things are done the USA will cease to exist. These things are going to be the demise of this once great country. We all need to take notice. If our forefathers were alive today I Guarantee that they would commit suicide.