South Africa’s Poverty Problem Won’t Be Cured By Redistribution – Economic Growth Might Do It

South Africa has just released the latest poverty figures for the country and they are somewhere between very bad and appalling dependent upon what level of rhetoric you wish to use. The basic underlying problem is that the economy is... Read more

Economic growth rebounded to 2.6% annual rate in second quarter

A tugboat cruises past a container ship in the Port of Los Angeles in San Pedro on June 12. (Mark Boster / Los Angeles Times) The U.S. economy rebounded this spring after a weak winter, expanding at a solid 2.6%... Read more

The struggle to put Venezuela back on the path to economic health: Don Pittis

  Scenes from the Venezuelan capital Caracas look like a war zone as the death toll rises in protests against the leader of the world’s most oil-rich country. (Marco Bello/Reuters) As OPEC meets on Thursday, its most oil-rich member is... Read more

Opinion: China’s economic miracle is over

workers at a construction site in Shanghai, China. In 2016, China’s growth rate was the lowest it had been since 1990. Chinese Premier Li Keqiang has since told the National People’s Congress that China’s GDP growth rate would drop to... Read more

government drafting separate bankruptcy regulation for economic companies: Jayant Sinha

Minister for state for finance Jayant Sinha said the government is likewise planning to pop out withcomprehensive law—Enforcement of protection hobby and recovery of Debt legal guidelines and Miscellaneous Provisions (change) invoice, 2016—to amend the debt recuperation laws with an... Read more

JM economic posts 22% leap in this fall net income to Rs113.7 crore

The organization’s net income for the duration of the January-March period of 2014-15 stood at Rs2.ninety six crore. photograph:Ramesh Pathania/Mint Mumbai: financial offerings company JM economic on Friday suggested a 22% rise in net income at Rs.113.74 crore for the... Read more

What’s Yours is Mine? the new Sharing economic system and Small enterprise

In recent years, many workers have discovered new approaches to earn a living, becoming theirpersonal bosses as they revel in a freelance way of life. whether or not they’re presenting rides to the airport via Lyft or Uber, or walking... Read more

skilled specialists Will Dominate Gig economic system, file Says

now not too long ago, the best people who looked for “gigs” were musicians. these days, but, it is difficult to get away news of the growing gig economy. journalists and analysts are sharply centered on upstart ride-for-lease systems like... Read more

Alibaba income surge as chinese language consumers defy economic gloom

Alibaba sales rose to 24.2 billion yuan ($three.7 billion) in the area ended 31 March from 17.4 billion yuan ayr earlier. photograph: Bloomberg Hong Kong: Alibaba organization maintaining Ltd. posted a 39% surge in sales as China’s dominant e-trade operator... Read more