Swedish currency‘ s double-digit decline
While other currencies keep increasing, Sweden’s currency keeps declining. Sweden’s crown weakened more than any other developed country’s currency in the world (12% against the dollar). The statistics also show that its currency weakened 0.7% against the euro after the […]
Political issues and economic potentials of Guyana
Guyana is a country in South America that had been facing decades of ethnic divisions before it opened the door to a new generation of politics. After 23 years of absolute power, there was chosen a new government. This English-speaking […]
What are the reasons for Czech’s low unemployment rate and progressive economy?
According to the recent statistics the percentage of the unemployment rate in the Czech Republic in 2018 in August dropped to 3.1% from 4% (the same period last year). Along with the unemployment rate, the number of unemployed dropped to […]
Increasing opportunities for the Serbian economy
Serbia is considered one of the countries with the highest percentage of the unemployment rate in Europe. Last year’s statistics show a 15.8% unemployment rate, but in comparison to the Western Balkans’ countries, this rate is considered low. For example, […]
Argentina’s current economic problems
Many countries in the world directly depend on the strong American economy, and every time America sneezes the countries which depend on it catch a cold. Argentina is not an exception. Borrowing a lot of money can create serious problems […]
Italy’s struggle with economic instability and poverty
Since the populist government has come into the office, the percentage of the unemployment rate in Italy has considerably dropped in the last six years. In May the percentage amounted to 10.7%. Giuseppe Conte officially became the Prime Minister on […]
Bitcoin in the last 24h
Bitcoin is considered to be one of the most volatile cryptocurrencies on the market, and at the moment it is losing its value. After reaching a peak of $20 000 in December, its value halved only a few weeks later. […]
Latest news on the Hungarian economy
The latest statistics show a new record drop in the percentage of the unemployment rate, but the Hungarian companies still have a problem to find qualified workers for the open positions. The expectations for the unemployment rate in May are […]
The drop of lira in Turkey
It seems that Turkey plunged into a financial crisis as the value of lira sank due to concerns over the government‘ s economic policies and tensions with the USA. The markets have fear of catastrophic consequences, inflation is on the […]
A few challenges in Luxembourg’s safe economic harbor
The EU has recently brought the decision that Luxembourg must pay benefits to the cross-border unemployed. The government, however, will be given some more time to implement the new system properly, in fact, they asked for 7 years to adopt […]