Oil based Economy of Alberta looking for Ventilation

Sep 14, 2016, at 02:42 am

Calgary, Sept 13 (IBNS) Since there had been a wild fire of the century in the recorded history of Canada, the oil rich Alberta, once the richest province in the whole country had been relegated to a position of a heavily debt ridden province in Canada.

Indian economy is estimated to register 7.6% growth in FY 2015-16: Jaitley

Apr 15, 2016, at 01:07 am

Washington, Apr 14 (IBNS) union Finance Minister Arun Jaitley said that Indian economy is estimated to register 7.6% growth in FY 2015-16, notwithstanding contraction of global exports and two consecutive years of shortfall in monsoon.

World leaders says cautious optimism should be there for 2016 global economy

Jan 24, 2016, at 08:32 pm

Davos-Klosters, Switzerland, Jan 24 (Just Earth News/IBNS): Despite significant market turbulence in the beginning of this year, there are reasons to remain cautiously optimistic about the trajectory of the global economy throughout 2016 and beyond. This was the consensus of panellists at the World Economic Forum Annual Meeting, against the backdrop of very low oil prices and bond yields, as well as handwringing about the effect of the Chinese economy on markets and fears over the divergent monetary policies of the United States, Japan and Europe.

62 people own same wealth as half the world: Oxfam

Jan 18, 2016, at 09:06 pm

New York, Jan 18 (IBNS) Runaway inequality has created a world where 62 people own as much as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report published on Sunday ahead of the annual gathering of the world’s financial and political elites in Davos.