Economics Balance of Payments
31 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by Maxim
Scoop.it!

Norway overtakes Russia as Europe’s biggest gas supplier

Norway overtakes Russia as Europe’s biggest gas supplier | Economics Balance of Payments | Scoop.it
Russia lost its position as the main supplier of gas to EU last year as Gazprom exports fell by 10% knocked down by coal and high prices. (Norway overtakes Russia as Europe’s biggest gas supplier; quite remarkable.
Maxim's insight:

Russia faces a major problem concerning its growth since its main reason for the current account surplus is exporting natural resources... Although Russia still have reserves for years to come however Russia must start to look into producing more commodities within the nation  rather that importing from other leading markets and also invest into more advanced job opportunities and a more effective tertiary means of GDP growth and therefore stimulating the Balance of Payments

more...
No comment yet.
Scooped by Maxim
Scoop.it!

Germany May Overtake UK as Biggest Europe Cruise Market - Bloomberg

Germany May Overtake UK as Biggest Europe Cruise Market - Bloomberg | Economics Balance of Payments | Scoop.it
Germany May Overtake UK as Biggest Europe Cruise Market Bloomberg The U.K., currently the region's biggest cruise market, showed no growth at 1.7 million passengers last year, while 1.71 million Germans will take overnight ocean trips this year,...
Maxim's insight:

Honestly Germany right now is the cornerstone of Europe and single-handedly is maintaining unity in the European Union. Should Uk leave the Europen Union? Or would this stifle the Uk Economic growth further??

more...
No comment yet.
Scooped by Maxim
Scoop.it!

Starbucks Pays UK Corporation Tax For First Time Since 2008 - Huffington Post

Starbucks Pays UK Corporation Tax For First Time Since 2008 - Huffington Post | Economics Balance of Payments | Scoop.it
Starbucks Pays UK Corporation Tax For First Time Since 2008 Huffington Post "We are also undertaking measures to make Starbucks profitable in the UK, such as relocating unprofitable stores to more cost effective locations, closing them where that...
Maxim's insight:

Although the corporation tax can be implied to other areas within the society to improve the state of the economy which is fantastic however could this mean rising the price of the coffee for consumers to cover the cost of the tax?? What are your opinions? Do feel free to post below

more...
No comment yet.
Scooped by Maxim
Scoop.it!

ECB - EUROPEAN CENTRAL BANK : Euro area balance of payments in April ... - 4-traders (press release)

ECB - EUROPEAN CENTRAL BANK : Euro area balance of payments in April ... - 4-traders (press release) | Economics Balance of Payments | Scoop.it
Economic Times
ECB - EUROPEAN CENTRAL BANK : Euro area balance of payments in April ...
Maxim's insight:

Sounds like the situation is improving... But when will real changes start taking place and finally nations can stop worrying so much about the economy and focus more on improving living conditions and unity/humanitarian situations can enhance maintaining global cooperation.

more...
No comment yet.
Scooped by Maxim
Scoop.it!

What's Really Behind China's Cash Crunch - CNBC.com

What's Really Behind China's Cash Crunch - CNBC.com | Economics Balance of Payments | Scoop.it
Here's why the reluctance by the central bank to alleviate a credit squeeze is highly significant.
Maxim's insight:

Could this be the start of the downfall of China's booming economy? After all these years of low wages and pure primary and secondary functions of expansion resulting in masses of exports and becoming a global leader of trade. However compared to their Human development index they must really start to now focus to develop more tertiary means of enhancing economic growth and invest more in education,health and general urbanasation to provide more high-tech goods and a more efficient labour workforce.

more...
No comment yet.