The U.S. is in debt to the tune of $55 trillion, and the biggest creditor country is China. This phenomenon has many economic implications for China. Why does China hold so much of the U.S. debt? First, the U.S. dollar is the country’s currency, and therefore the settlement of foreign trade is in dollars. Second, […]
Archive for the ‘Business’ Category
Culinary Shockers
Culinary Shockers: Five weird dishes from across the globe May Heasse Why don’t we take a break from the pasta, the chicken and the pizza—and start with a plate of duck embryos, smelly fish heads and sheep heads? Here’s a list of the weirdest food in the world, guaranteed to get you hungry, or […]
Changes in Globalization Impact South Asia

Changes in Globalization Impact South Asia Globalization has increasingly changed the development of global economy and decreased the numbers of poverty but at the same time it has lifted issues. The present global difficulty may give a change on globalization itself as two developed and growing nations adjust to changes in terms of financial instability […]
Our Little Helpers
Guess it’s not enough that we spend the whole day, coop in our room and is online on either our desktop or laptop. The big companies thought that wasn’t enough that they finally decided to release a series of smart phones. These amazing little guys lets you stay online anywhere and anytime. Why would you […]
Inflation and Deutche Mark
Inflation refers to a situation in economy where there is a general and sustained increase in prices measured by various indices. This can show the performance of the economy, which can have a major impact on people’s lives. There are three main types of inflation: cost-push inflation, demand-pull inflation, and monetary inflation. However, monetary inflation […]