Category Archives: Global Economy

Issues making impacts on the global economy.

Impacts of Looming Oil Crisis on Global Trade

The availability of oil is taken for granted every day by businesses, governments and individuals alike. However, an oil crisis is looming and could feasibly hit at any point. This brings back memories of the oil shortages during the 1970s, … Continue reading →

Tags: 1973 oil crisis, Global Trade, Middle East, Oil Crisis, OPEC

Declining Dollar Value and the Global Economy

In our global economy, when something happens to an economic superpower, it affects the entire world. One of the largest hits to the global economy has been the declining value of the US dollar. As the United States government seemingly … Continue reading →

Tags: China, Declining dollar, Global economy, Manufacture, Trade imbalance, US dollar

Japan and Libya in Crisis – How it affects our economy

Major catastrophes can have enormous consequences on our global economy. There is no greater example of this than the most recent 9.0 Richter scale earthquake, devastating tsunami and nuclear power plant disaster that have occurred in Japan. As the world’s … Continue reading →

Tags: Earthquake, Global economy, Japan, Libya, Nuclear power safety, Oil price