Canadian Finance Minister has clearly stated that he strongly supports the central bank's recommendation of featuring Canada's iconic woman or women on paper currency. The petition for recognition of women, led by by hhistorian Merna Foster since 2013, seems to be slowly moving towards a positive decision.
South Korea fired several warning shots at a suspected North Korean drone on Wednesday. The incident took place at DMZ, in a border between the countries, a week after North Korean nuclear test.
The United Nation released a report on Tuesday revealing that the migration rate has surge by 41 percent in 15 years. The report also shows that the United States is leading the ranking with the most migrants living in the country.
Unlike six other times, Barack Obama will face an interview for the last time as an incumbent President in YouTube on Friday. This time he will answer the selected questions of a trio, who combined remains ahead of the President himself by a huge margin in terms of subscriptions. During his entire 10 years in the office, he has used technology to publicize behind- the- scene photographs as token of his goodwill gesture.
Greece was the highlight in 2015 economy when the country's economic crisis continued to a political unrest. The country faces 2016 with uncertainty after disagreement with its creditors.
The government of Greece has been faced with a controversy whether to approve bailout reforms required by international creditors. Bank of Greece have shown support that encourages the government to conform with the required reforms, including the tough pension system reform.
London has reached the fastest growth during, leaving the other regions behind. The growth is spotted to be the result of finance, real estate, and service sectors in the region. This positive development has shown more hopes for the country economy recovery that has struggled since its financial crisis years ago.
Japan's Prime Minister's focus on improving the nation's day care facilities to help women population work. This, he believes, plays a pivotal role in improving the sluggish economy as well as their ageing population.
Office of Management and Budget director, Shaun Donovan, tweeted Thursday that President Barack Obama’s fiscal 2017 budget request will be rolled out on February 9.
Continuing 12-month falling streak, South Korea suffered drop in exports during December 2015 as well. The sluggish Chinese demand and weaker global outlook have impacted South Korea's exports in 2015. The drop in exports surpassed the forecast of economists.
The Chinese government just passed a new controversial anti-terrorism law as part of the country's effort to curb any threat either from the inside or outside of the country. According to the new law, the Chinese authority has the right to request for sensitive information from any technology firms in the country.
Budget legislation closes in on an additional $610 million to fight wildfires in 2016, which still needs approval by the Congress. According to ABC News, the budget will be given to the US Forest Service, which spent $1.7 billion in extinguishing fires in 2015.
The Brazil's central bank will be under pressure to raise interest rate in 2016 amid gripped into the deepening recession. The borrowing cost is expected to rise by 0.25 percent next year. Brazil is suffering from rising inflation and easing productivity.
After struggling a bitter civil war for four years, Syria's government imposes tax on shawarma, restaurants, and other businesses in everyday life as new revenue source.
The Colombian Central Bank is heading towards a hike in interest rate. The Colombian government is keen on checking inflation rise and control the current account deficit.