In 1798, Thomas Malthus published his ‘Essay on the Principle of Population’, which is widely considered as the ground-breaking text that shaped the theory of population growth as being ultimately devastating for utility (and ultimately surviving). Then, there was the baby-boom, India tripling its population in fifty years, China doubling its. The post-WWII world didn’t live in the calculation of resources usage, and population control policies. Last year, the world population hit 7 billion people.
As the years go by and new countries find themselves greatly affected by the crisis, a handful of them emerge as having resisted the extreme shock of global financial instability.
Here’s a list of economies whose financial system prevailed during the crisis
February marked the anniversary of the fifty years of the Cuban embargo enforced by the US. The promulgation of the Cuban Democracy Act in 1961 reflected the policy of containment that was to prevent the extension of the relationship between Cuba and the Soviet Union after the embarrassing Bay of Pigs invasion. Six months later, the world was at the height of Cold War tensions with the Cuban missile crisis.
20%. That’s the proportion of Iran’s oil exports to the European Union.
If you’ve been hiding under a rock for the last 6 years, then you would probably not understand the extreme tension that surrounds Iran’s nuclear program. There is the media, different governments’ interests in play, different companies’, and various groups of influence acting. Behind that thick wall of smoke lies the effects the issue has on the Iranian economy.
The socialist hopeful to the French presidency, Francois Hollande, declared last week that once president, he would implement a 75% income tax to one million euro+ earners. What he thought would earn him some credit from the many anti-system in France quickly turned into a demagogic and unrealistic promise. Criticism poured, and Sarkozy’s proponents called up some economic common sense to the situation.