Mark Zuckerberg and Bill Gates have announced the launch of a new grandiose initiative. The key aim of the Gates-Zuckerberg coalition is to encourage private sector investments in the area of clean energy. From the Zuckerberg’s side, the launch of the coalition now known as the ‘Breakthrough Energy Coalition’ was announced on the official Facebook page ahead of the COP21 climate change conference that took place in the capital of … Read the rest
You have definitely heard a lot about Bitcoin. But…what is it all about? To cut it, Bitcoin is the most popular digital currency at the moment. The whole point is that the user is provided with an opportunity to use Bitcoin in order to pay for stuff without the necessity to approach a third-party broker. To make it simple, make sure to think about it like one huge ledger that … Read the rest
When we get in trouble, we tend to invent truly ingenious solutions. Same rule goes with the entrepreneurs, who don’t relax and make sure to impress the world community with stunning solutions to the most pressing problems. Here are some of the brightest green inventions.
- Biochar or the process of carbon trapping with the so-called “green coal.”
It’s known that any sort of biomass releases carbon the very moment it … Read the rest
What are the cases, when a company happens to be not a company? Probably, the great examples are Airbnb, TaskRabbit, Uber and Handy companies. All the organizations mentioned above seem to be more similar to the group of independent experts that prefer getting in touch with the clients by means of a common platform, in contrast to the typical businesses that tend to employ their personnel.
And the same story … Read the rest
Nowadays, the sovereign and financial debt crises have strongly shaken the global banking industry. Due to the world problems, the global banks went from the period of relative calm and wealth to the indecision that requires certain measures to be taken. As the shock is slowly wearing off and the global industry adapts, some of the most crucial themes are popping up here and there and will most likely affect … Read the rest
Tools of economic analysis or economic tools are used to encourage economic growth and development of its basic segments in a way that is well-matched with the range of sustainability objectives. The tools can be used by the expertise economists as well as socio-economic planners. In essence, there are basic tools for economic analysis that are utilized in the field.
Social Cost-Benefit Analysis
This tool is applied to survey all … Read the rest
Before we delve deeper into the details of supply and demand disequilibrium, it’s necessary to clarify what the market disequilibrium actually is. What we are discussing is the market state that occurs when the supply and demand opposing market forces achieve the balances and there’s an evident tendency for the further change. In other words, market disequilibrium is a direct result of state when the market isn’t well-balanced. To be … Read the rest
It seems like the whole world is waiting for Greece and EU leaders to come to an agreement on the bailout deal. Every single day the land of Zeus has to stand against its European creditors in a severe battle. And meanwhile, we have generated a short list of several facts about the Greek economy that may surprise everyone. Make sure to check it out.
Fact 1. Greece’s First Default
… Read the restRemember good old ABBA singing about money and how important it is for us? It’s not the only case, when pennies are mentioned in the English language. A great way to demonstrate your fluency in the language is to use idiomatic expressions when talking about the ‘ka-ching’. Make sure to read on to learn some of the most popular and useful idioms based on money, in particular on having and … Read the rest
When it comes to the recovery of the labor market of the United States of America, 2014 was the strongest year for the country. The economy of the US has been harshly driven by the robust job gains. While the economies of the other countries stumble, the USA economy has smoothly glided through the whole year.
The Economy of the United States Started Off Sluggishly
At the beginning of the … Read the rest