Usually, a common tourist spends 25 percent of their holiday budget on food and drinks. And, of course, there is a very serious struggle for these 25 percent going on. For many nations, the gastronomic subject is predominant in their selection of the country for tourism
SAO PAULO - It is not new that the exacerbated protectionism of Argentina in agriculture is blamed for the difficulties in achieving a free trade agreement between Mercosur and the EU, on which negotiations have dragged on for at least 15 years without a glimpse of any light at the end of the tunnel. But on the European side there are also fears.
China may face competition in the Asian region. India has been showing very good economic and social development lately, following the USA and China in some points. The prospects of Russia's relations with India are very promising, especially in the field of defense and in the pharmaceutical industry
The IMF defines itself as "an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth. The IMF looks like a benevolent organization that helps the poor; however, there is - as always - more than meets the eye
I'd like to start this article with some nice fireworks, a burst of beautiful fireworks, a bonaaaanza of fireworks .... red, blue, yellow, green, all bright, gaudy and noising. New Year Neapolitan stuff. But I can't, of course, so I leave the willing reader imagine them in all their glory. Including noise.
European investors have been buying gold coins actively against the background of the intensifying financial crisis in Greece. Restriction on cash withdrawals in Greece led to a sharp increase in demand for investment coins in Germany, France and in Greece. Gold continues to consolidate near the level of approximately $1,200
Ukraine will not be able to pay its debts and will soon declare technical default. This would automatically mean that Ukraine will not be able to take part in the work of international markets of capital movement. Members of the Ukrainian private sector will have to take even more effort to restructure their debt
The summit of BRICS countries will take place in the city of Ufa in July. According to the Foreign Ministry of the Russian Federation, the summit will take the association to new heights. The United States is a huge spoke in the wheels of global economy. The Americans do not want to move away from their positions
According to analysts, the markets of precious metals are showing signs of growth due to soft rhetoric from the US Federal Reserve Fund that contributes to the decline of the US dollar rate. The current price of gold is pretty fair. There is a movement in the dollar rate that affects the price of gold as gold is priced in dollars
The following list, 12 items, includes some considerations that confront the classic postulates of the traditional teaching of economics when it comes to little sustained attention to ecological issues. Such arguments call into question the traditional economic thought which advocates that the economy is a system with no interaction with nature.
Against the backdrop of the US national debt, Russia's public debt is like a molehill vs. a mountain. The US financial system and the US currency are still deemed to be reliable for investment. The task of the IMF is to make this or that country implement a policy of transnational corporation - American corporations in the first place
The current economic crisis may evolve into a global catastrophe. The financial system could take a surprising and catastrophic twist that almost nobody imagines. What we use as money today is mostly credit. It exists as zeros and ones in electronic bank accounts. A monetary system like this has never before existed
Energy plays an important role in national economies. There is a constant power struggle and competition amongst the world powers and international energy companies. Owing to its geopolitical position, Turkey plays a key role in most essential projects in the energy sector even though there is no trace of natural gas reserves within its territory