Economics

In many developed countries across the world, residents rely more heavily on cashless, E-money transactions than traditional currency.

January 4, 2018 17:25

Petroleum and natural gas, steel, iron ore, cement, etc., are some of the biggest industries of Azerbaijan.

January 4, 2018 12:51

China, India, and Singapore are the world's largest exporters of the chemical element antimony.

December 14, 2017 10:40

The grey market is characterized by the movement of goods through channels that, while not illegal, are not intentional.

December 12, 2017 16:15

India, China, and Russia export the most tug boats.

December 12, 2017 14:00

Cherries grow in southern Europe and in North America in June, and in England in mid-July. In the southern hemisphere, cherries grow in December.

December 7, 2017 14:58

These smallest iron and steel importers are mostly either small countries or those with limited industrial activities.

December 7, 2017 14:27

Developing economies with smaller total import volume, and island nations with a lack of arable land, tend to import larger relative amounts of foodstuffs.

December 5, 2017 16:41

Poor diplomatic relations and domestic instability can leave a nation with limited access to ODA.

December 1, 2017 15:11

These countries have focused their productive capacities elsewhere, leaving behind agriculture for other sectors.

December 1, 2017 15:08

Equatorial Guinea and Burma are among the countries which spend the lowest percentage of their GDP on education.

December 1, 2017 13:21

Nigeria produces the highest quantity of taro in the world.

November 28, 2017 12:44

West Virginia depends on coal power for 95.6% of its electricity production.

November 24, 2017 13:00

Countries across the world experience either budget surpluses or deficits, depending upon their economic policies. We look at the countries with the largest deficits as a percentage of their respective GDPs.

November 24, 2017 12:16

Hurricane Sandy cost the insurance industry a loss of $29.2 billion.

November 23, 2017 15:18

Albania boasts Europe's largest onshore oil reserves as well as the second largest oil reserves in all of the Balkans.

November 20, 2017 15:50

Mohair refers to the silk-like fabric that is obtained from the hair of the Angora goat.

November 13, 2017 16:57

Economic determinism is a theory which states that financial status is the basis at which all other societal arrangements such as political and social arrangements are determined.

November 10, 2017 15:53

Sugar, cement, textiles, beverages, etc., are the biggest industries in Paraguay.

November 10, 2017 11:48

The Great Depression refers to an economic depression that affected many countries of the world and took place mostly during the 1930s.

November 8, 2017 10:32