Economy
Global Carbon Trading System on the Verge of Collapse
The Clean Development Mechanism (CDM) is the only global carbon trading system which is designed to create funding to give poor countries access to new ……Read More
Economy
Economy
MIT Develop Simple, Fast, Efficient Method of Cleaning Up Oil Spills
Researchers at the Massachusetts Institute of Technology (MIT) have proposed a new oil spill clean-up technique which is set to be simple, fast, and energy ……Read More
Economy
Will John Fredriksen’s $11 Billion Gamble Pay Off?
John Fredriksen, the shipping magnate worth $13.2 billion is one of the most powerful, respected, and even feared men in the global oil and gas ……Read More
Economy
The Federal Reserve’s Balance Sheet – Entering Uncharted Territory
Now that QE3 is reality, it's time to take a look at the Fed's assets. Every time the Federal Reserve enters the so-called "free market" ……Read More
Economy
The Downside of Easy Money
A recent paper by William White, Chairman of the Economic Development and Review Committee at the OECD, looks at the balance between the desirable short-term ……Read More
Economy
Wealth Shock, Dropping Consumer Debt and the Recovery
Key to any economic recovery is an increase in household spending and, as we all know, much of household spending is supported by increases in ……Read More