Kenya is a top performer in the global economy, with gross domestic product growing 7.6% in the third quarter of 2017, according to a report released Tuesday by the United Nations’ World Economic Forum.The country earned a C+ grade in the annual global competitiveness index, an annual assessment of economic performance by the World Bank […]
The Rise of ‘Behavioural Economics’
In his book The Rise and Fall of Human Behavior, behavioural economist Daniel Kahneman argues that people who engage in “behavioral economics” have become so adept at manipulating the way they experience the world that they are no longer able to see how they are behaving.That is, people can no longer see how the world […]
UK economy grows in second quarter
Updated March 20, 2019 18:20:16 UK economy grew by 0.4% in the second quarter, according to the Office for National Statistics.The data showed that manufacturing and construction output rose by 0% and services rose by 1.6%.It was the first time since the second half of 2019 that manufacturing output had grown faster than services since […]
What to know about the Charleston economic revival
Charleston, South Carolina, is recovering from the devastating hurricane, and many are looking ahead to what’s to come.The first few weeks have been rough, and a lot of residents are still feeling the effects of the devastation.The city’s population is expected to decline to just over 4,000, and more than 40 percent of the population […]
When the market’s over, what’s next for Dallas?
Dallas economic news article Dallas, Texas, March 20, 2018 — Downtown Dallas is about to get a new, shiny look.The $1.8 billion Dallas Convention Center is scheduled to open to the public on June 3.Construction on the project will include the construction of a new arena and hotel, as well as a shopping mall, a […]
Belarus to sell off state-owned grain company
Belarus is set to sell its state-controlled grain producer, Vuznes, to a private company, the Belarusian state oil company said on Thursday, after the company announced plans to sell the assets to a consortium of foreign investors.The decision came after the government announced plans on Wednesday to sell Vuznea, which is a producer of grain […]
Fed cuts $1.1 billion from domestic reserves, cuts back on imports
U.S. Federal Reserve Chair Janet Yellen on Friday cut her agency’s domestic reserves by $1 billion to $2.1 trillion and cut back on the import of dollars and other foreign currencies.The move will reduce the value of the U.s. dollar by about 0.8% as it does not factor in the impact of any monetary tightening […]
The first of the four-year, $50 billion deal is signed with ExxonMobil for oil drilling in South America
In November, ExxonMobil announced a deal with the Colombian government to drill for oil in South American waters.The government, under President Juan Manuel Santos, has been struggling to come up with a solution to its oil shortage, with production cuts totaling about 30 percent in recent years.ExxonMobil says it expects to complete the drilling program […]
How to manage your pension: The 5 most common myths
The pension of a buffalo farmer can be a source of pride and hope to a rural family that’s struggling with the economic challenges facing the country.But a study from the University of Pennsylvania’s Wharton School suggests that when your pension money comes from someone else, it can leave you with a bad financial situation […]
Hacking the UK economy to boost exports
Hacking an economy is a big deal, but for some people, it can also be a lucrative investment.Here’s how you can make money hacking the UK’s economy to make more money.Source Hacker NewsTitle How to hack the UK Economy to make money source Hacker Report title Hack the UK to make £5 million in the […]
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