Economic globalization
Crises in emerging markets and China give frightening signals
Concerns have raised in the world economy as emerging countries see huge capital outflows and economic slowdown with the end of liquidity partyThe global economy entered 2016 with the image of weak recovery in developed countries. However, the weak and fragile outlook in emerging countries, of which Turkey is one, particularly with the economic slowdown, scares everybody.
Richest 62 people 'own same as half world's population'
The wealthiest 62 people now own as much as half the world's population, some 3.5 billion people, as the super-rich have grown richer and the poor poorer, an international charity said on Jan. 18.
Balkan States Hit by Illegal Cash Outflow
The new report by US NGO Global Financial Integrity entitled 'Illicit Financial Flows from Developing Countries: 2004-2013' rings alarm bells about the amount of 'black money' leaving the four Balkan countries each year.
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Planned trade deals should be reconsidered in the age of escalating violence
World trade is about to see a dramatic change with two huge planned trade deals, which will cover almost 80 percent of the total trade in the world. The planned Trans-Pacific Partnerships (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), which will strengthen mainly America's hands in the global trade, should, however, be reconsidered carefully in the age of terror, which is
Planned intercontinental trade deals should be reconsidered in the age of escalating violence
World trade is about to see a dramatic change with two huge planned trade deals, which will cover almost 80 percent of the total trade in the world. The planned Trans-Pacific Partnerships (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), which will strengthen mainly America's hands in the global trade, should, however, be reconsidered carefully in the age of terror, which is
NOA UK Awards Bulgaria as World's Offshoring Destination of 2015
Bulgaria has become the Offshoring Destination of the Year for 2015, the National Outsourcing Association UK.
We're pleased to announce that #Bulgaria won Offshoring Destination of the Year at the #EOAawards 2015
? NOA (@TheNOA) October 9, 2015
Bulgaria's Outsourcing Potential 'May Come as a Shock' - Channelnomics.eu
Bulgaria "is mounting a convincing challenge" as a candidate for cost-effective, high-quality nearshoring," the outsourcing head of a Slovakia-based IT services company has said.
The county's potential "may come as a shock", according to the summary of a text by Tomas Turkovic, Soitron Director for Outsourcing, published by Channelnomics.eu.
Bulgaria Included in 2015 NOA Offshoring Destination Shortlist
Bulgaria is one of the four countries included in the Offshoring Destination of the Year category of the shortlist for the 2015 annual awards of the National Outsourcing Association (NOA).
Bulgaria's rivals in the category are Slovakia, South Africa, and Sri Lanka.
Study finds Greek crisis policies created huge inequalities
From 2008, before Greece signed a bailout deal with its creditors setting out a raft of cost-cutting measures, until 2012, the tax burden on lower-income Greek households skyrocketed by 337.7 percent compared to just 9 percent for high-income groups, a recent study by Athens-based professors Tassos Giannitsis and Stavros Zografakis found.
World Bank sees growth pick up for developing countries
The World Bank on late Jan. 13 predicted a pick-up in economic growth for developing countries, spurred by falling oil prices and despite a slight slowdown in global engine China, although it lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the eurozone, Japan and some major emerging economies that offset the benefit of lower oil prices.