Reports have surface during the last weak that pain a dark future for Saudi Arabia’s domestic economy. Russia has turned…

Russia’s credit rating outlook is being reverted to “stable”. The efforts for the Russian-Turkish gas project “Turkish Stream” are being put on hold….

Last week has seen Russia adding the Yuan into its reserve currency basket. Several media outlets have reported on Turkey…

Kiev has again threatened to selectively default on the $3 bln Russian loan but the IMF is still set to…

China and Taiwan broke new ground in the countries’ relationship during a meeting of their respective leaders. S&P downgrades Saudi…

The last week has shown how the world of economics is often directly being influenced by geopolitics. ISIS has significantly…

The last week has seen a lot of reports from the oil industry. The IMF made a forecast, which sees…

Saudi Arabia is trying to win market shares in the European oil market from Russia. Russia builds a gas pipeline…

China has put its new global payment system in place in a move to challenge the US-dollar’s dominance. Major oil…

This weeks report focuses on the economic recovery of the Eurozone, China and Russia. The current problems in these economies…

The last week has seen little change in the overall economic situation now that the US Federal Reserve did not…

The last week saw some new developments especially in the field of rampant government debt. The US Fed finally made…

This article is the first in series of weekly reviews, which intend to bring the global news from the world…