Eurozone

According to Hedley and Gokkent (2015), as a result of the negative shift in Nigeria’s current account and balance-of-payments, foreign investment is forecasted to decrease similar to the substantial reduction the country experienced in 2014. As a result, the Nigerian government has attempted to harden their monetary policies through the increase of government spending (utilizing international reserves and savings accounts) and alleviate the number of investor outflows (Hou et al, 2015; Hedley &…

cost more for the consumer. This forces many people to buy cheaper, yet similar, alternatives. Additionally this is enforced by the common commercial policy which are the rules that place tariffs, quotas or subsides on imports from outside of the Eurozone which tries to encourage people to buy the good from inside the EU if they live within the EU . For example the budget airline, EasyJet, recently said to UK Government officials that ‘its entire business is only possible because EU countries…

post-communist countries that were very poor, and when they officially became a part of the E.U. many citizens that lived there left to go find better job opportunities in countries such as Britain. Additionally, the 2008 financial collapse and the Eurozone crisis drove citizens of recently impoverished countries, such as Spain and Portugal, to flock to other E.U. nations for job opportunities as unemployment continued to rise in their respective countries. Finally, the most recent growth of…

For almost all of the last 1200 years, Central Europe has been a multiethnic space governed by overlapping political entities. We usually don 't think of it that way, because the Cold War created a new dichotomy o (advanced, democratic) Western Europe and (feudal, primitive, totalitarian) Eastern Europe, even though Vienna is about 150 miles southeast of Prague. Even before the Cold War, Central Europe had gotten a bad rap, since historians touted the nation-state as the teleological endpoint of…

The European Union is an organization wherein its structure and decision-making roots back to the concepts of spuranationalism and intergoventmentalism and the experiences it gained in the past; now it stands as effective cultural and monetary center but fail in foreign and security policy as it faces critiques. In definition supranationalism entails how the European Union is an organization that has power “above the nation”. It stands as an organization that has power independent of the…

1a) Euro Interbank Offered Rate (Euribor)- rates offered to prime banks based in the Eurozone on euro interbank term deposits Background info: Euribor was first published on 30 December 1998. 1 January 1999 was the day that the Euro as a currency was introduced. In the years, before a lot of domestic reference rates like PIBOR (France) and FIBOR (Germany) existed. There are currently 8 different kinds of Euribor rates where they are selected to ensure that the diversity of the euro money…

Crossing certain crops to induce certain traits in offspring is not a new process. In fact, farmers around the world have used conventional breeding practices such as artificial selection to produce higher-yielding crops for centuries. Those practices were not frowned upon, but instead considered necessary if agriculture was to continue to support the world’s growing population. Today, we face a similar problem. The Earth’s population is expected to reach 9 billion by 2050, and world…

The shareholders were eagerly awaiting the arrival of ships loaded with gold, silver, and other valuable products from the Spanish colonies, which would multiply the return on their investment in the South Sea Company. The problem was that the boats and wealth had only been in the minds of the promoters who, counting on the monopoly to negotiate with the Spanish colonies, were dedicated to spreading rumors about the immense wealth that were waiting for their shareholders in the new world. To…

Introduction A short history of the ascent (and fall) of oil costs This wasn 't generally the case. Somewhere around 2010 and 2014, as should be obvious above, oil interest was taking off the world over, as nations recuperated from the budgetary emergency however worldwide generation was attempting to keep up. Numerous more seasoned oil fields were stagnating. Clashes in spots like Libya and Iraq were limiting supply. Nations needed to draw down their stockpiles, and costs took off to around…

On June the 23rd 2016 a historic moment happened for Britain, the EU and even the world. It was announced that Britain had voted to leave the European Union. With this came lot of uncertainty for the future of the countries and organizations involved. However, for some it was viewed with great happiness and the building blocks to making Britain great again. Britain is still deciding how, when and even if they will leave, with multiple options ahead of them. The future implications or benefits…