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Is it the best time to spend vacations in Greece?

Is it the best time to spend vacations in Greece?

Greece is going through some serious difficulties with the pressure from the eurozone countries and from the banks that have been pushing the government to take the sour pill. They want the Greece government to introduce new, strict reforms to get their finances in order. The situation is intense for the Greece banks, as most
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Greece & European Union

Greece & European Union

Tensions rise In Greece, many people have lost their jobs, the roof over their heads and some of them cannot even afford to feed their families. The newly elected Prime Minister of Greece, Alexis Tsipras, is looking to make a deal with the other European leaders. He wants to change the strict money policies, which
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What is hyperinflation? Example from Zimbabwe

What is hyperinflation? Example from Zimbabwe

You may not like the situation that befalls your country upon inflation.  Once your country’s money printing entity supplies a massive and rapid amount of money, it leads to hyperinflation. The condition is not supported by the growing output of goods and services. What results from oversupply of money by the entity is an imbalance
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Russia – Ukraine conflict and its impacts on the world economy

Russia – Ukraine conflict and its impacts on the world economy

Not only the global politics changed due to Russia-Ukraine tension, but it has some economic implications. The bloodless annexation of the Crimean peninsula affected global trade especially European Union trade where most countries in the union fulfill their energy requirements from Russian natural resources reserves. The situation is quite the same as the 2008 Georgian
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Economic Empowerment of Entrepreneurs

Economic Empowerment of Entrepreneurs

Entrepreneurship is one of the trending concepts in the world. Ideally, globalization and technological advancements have led to increased number of millionaires. Essentially, everyone wants to own a business or manage new innovative ideas. This is seen as the pathway to prosperity and wealth in this fast paced world. Essentially, economic models have an impact
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US government financial shut down

US government financial shut down

The first partial shutdown in the last seventeen years has begun when two houses of Congress failed to reach at any agreeable point. The Republican-led House put the condition of delaying Mr. Obama’s healthcare reform for passing a bill. As a result of this shut down more than 800,000 federal employees are on leave without
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