The 2015 Budget – What’s in It for You?
There’s no doubt that this year’s budget was designed to be completely different from the previous, with young families, small business and farmers the big winners. Far from controversial the announcement has in general been welcomed, with many commentator’s referring to it as the ‘have a go’ budget.Kenyan 2015 Consumer Trend
After taking a beating from the 2008/2009 post-election violence, Kenya’s economy still holds strong as the most stable in the East African region. Although Uganda’s economy has in the past financial year (2013/2014) recorded a growth of about 7.1% compared to Kenya’s 4.9%, the country’s economy is growing at a very fast rate and financial experts believe it will surpass that of Uganda in the next two financial years. Indeed Kenya’s economy is projected to grow by at least 6.9 this financial year (2014/2015).Are We Prepared for a Currency Crisis?
An upcoming currency crisis is being predicted by the most knowledgeable financial pundits. How will we survive if our money becomes worthless and there is no food on supermarket shelves and no gas for our cars and trucks? How prepared will we be?Do You Know The Value of Waste?
Waste for one person or place is the source of wealth or livelihood of another person. Listed here are very common cases of waste or surplus management happening all over the world.Our Perception of the Economy
The Dept of Labor is painting a rosy picture of decreasing new claims for unemployment benefits. What they aren’t adding into the mix are the baby boomers who have been retiring at the rate of 10,000 a day and all the stores that are planning to close this year.What the Effect MultiNational Corporations Have on the Economy
The effects on a nation’s economy when multinational corporations take over a marketing segment. Why the middle class suffers from “low prices”.The Human Tragedy Of American Capitalism
With the Presidential campaign season heating up and with all those Republican contenders pointing fingers at the Democrats for our economic woes it really is a good time to focus our attention to the fact that our predominately capitalistic economy really hasn’t worked for the majority of Americans. We have to understand what capitalism really is in order to felicitate a remedy to the financial crisis so many millions of US citizens are in today. We are not alone either.Behavioral Economics: The Esoteric and Exoteric Nature of Animal Spirits
“Our basis of knowledge for estimating the yield ten years hence of a railway, a copper mine, a textile factory… amounts to little and sometimes to nothing,” British Economist John Maynard Keynes wrote, “If people are so uncertain, how are decisions made? They can only be taken as a result of animal spirits.” –George A. Akerlof and Robert J. Shiller, Animal Spirits (Princeton University Press, 2009)A Society Corrupted
The world today is driven by selfishness and greed. The sociological change in society has corrupted the modern world. Even the technological marvels of today has all but cemented the instant gratification mentality that has swept over societies, It is known that many of our values, the decorum, etiquette and morals are all past down from our parents to each subsequent generation.Industrial Displacement and Financial Security of the Displaced Population at Kalinga Nagar, Odisha
Orissa being a mineral rich state attracts large sums of investment in various development projects, more specifically in the mining and industrial sector. The state provides ample opportunities for value addition and throws open avenues for the process of industrialization. Though due to industrialization rapid development of the periphery occurs, during this process large number of local inhabitants are displaced and rehabilitated. These displaced persons have a right to adequate replacement of the habitat and structures. Keeping this in view, the current study aims to carry out an in depth study on the implications of industrial displacement, rehabilitation and resettlement on the financial security of the people affected.Oil Price
Oil is the most valuable commodity in the entire world. When the price of oil changes the effects are felt worldwide. The price for a barrel of oil is the lowest it has been since 2009. American citizens can stop at most gas stations and pay $2.05 per gallon of gas. The drop in price has not just benefited the daily commuters, it has lowered monthly utilities for middle class home owners. The average price to heat an American house hold has dropped significantly. This has created a “surplus” of income for families. Which in turn creates more spending and growth back into our economy. However many economists are looking at the long term effects of the drop in oil. The drop in price can either develop nations or destroy them. New jobs can be created from the change in price but existing ones might be in jeopardy. These concerns wouldn’t just be in the United States, they would be worldwide. The countries who depend heavily on drilling and exporting oil are most at risk. Countries will see a large decrease in GDP compared to when oil prices were higher. I will focus on the affects that drop in