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Economics

oil

How Are Oil Prices Determined?

Question: How Are Oil Prices Determined? Answer: Commodity traders are responsible for oil prices by bidding on oil futures contracts. These contracts …

Drop Falling into Water

Global Water Crisis.

Water – the essential ingredient for life on this planet – is becoming an increasingly scarce resource. According to the World Bank …

Downturn downturn of global economy

Economic Collapse.

The global economy binds together the fate of the international community and all its member nations. It precludes the possibility of a …

world money

Global Economic Crisis 2012.

All signs point to 2012 witnessing an acceleration of the negative economic and fiscal metrics that plagued advanced and major emerging economies …