Economy & Finance

There is clearly something different about the Great Recession. Though it officially ended in June 2009, it lingers. We still see it in lives around us and it could definitely be sensed in President Obama’s State of the Union Address on…

Forse, tre anni dopo le rivolte arabe, l’Arabia Saudita è arrivata perfino a rimpiangere la stabilità del temuto arco sciita, disegnato dai governi di Iran, Iraq, Siria e Libano. La diversità confessionale dava infatti un volto…

Sozialtourismus (“Welfare Tourism”) has been named the most inappropriate word of the year in Germany. Behind the term is the concept of EU immigrants claiming state benefits without having worked and made social contributions themselves –…

The global financial crisis erupted in the US in September 2008 with the collapse of Lehman Brothers. Several factors have since been identified as working together to set the basis for the crisis and for its swift and wide-ranging impact…

London Mayor Boris Johnson puts it bluntly, “For the last 30 years we have probably built about half of the homes London needs. The problem is now a crisis.” Soaring home prices in the British capital are raising fears that the boom cannot…