Price Controls Mean Living The Dream In Argentina
The government in Argentina is rather pleased that supermarket price controls are helping pull down inflation and has decided to keep them in place for
Putin Upbeat About Russia Economy Despite Sanctions
Russian president Vladimir Putin has scoffed at international claims that his country’s economy is in trouble and that rouble is in decline. In a telephone
Saudi Draws On Reserves To Plug Oil Deficit
Plunging oil prices have led Saudi Arabia to start withdrawing billions of pounds from international banks and financial markets to plug a record budget deficit.
Cyclone Pam Rips Through Pacific Islands
The latest in a series of increasingly regular and severe tropical storms has ripped through the Pacific leaving a path strewn with damaged buildings and
Saudi King’s Death Leaves Power Vacuum
The death of Saudi Arabia’s 90-year-old King Abdullah marks the end of an era and leaves a power vacuum at the highest echelons of the
Oil Producers Not Ready To Turn Off Oversupply Tap
Details of high-level talks between oil producing countries have leaked out. Two of the world’s major oil producers – Saudi Arabia and Russia – have
Rising Prices Are Good For The Global Economy
It’s a funny old world when the best financial future for most of us includes a steady rise in the cost of living. Rises prices
Shale Production Has Oil Producers Over A Barrel
US inroads into delivering shale oil and gas from vast reserves are driving down the cost of crude worldwide. A massive drive to develop shale
Expats Warned Of Oil And Gas Training Scam
Offshore oil and gas workers looking for jobs in Britain are warned to watch out for scam websites. The fraudsters are offering non-existent training courses
Civil Unrest Unsettles The Global Price Of Oil
Escalating violence in Iraq is starting to impact on the price of oil as rival groups battle to control the country’s oil fields and refineries.
Oil prices drop after Iran nuclear agreement reached
Oil prices have dropped after an agreement between Iran and many of the world’s powers was recently reached. Whilst Iran is to curb some of
Volkswagen Group funnels investment into technology, innovation, and Germany
From the Golf GTI to the classic camper-van, Germany’s Volkswagen has long been one of the world’s most recognised car manufacturers. And now, with plans