Topic: World Economy

What the Trans-Pacific Partnership (TPP) is all about?

The Trans-Pacific Partnership (TTP) is a huge new global trade deal agreed between 12 Pacific Rim nations including the US and Japan. It covers almost 40% of the global economy and is the biggest trade agreement in the past 20 years. The objective of the deal is to...
Best Movies about Money and Finance

Best Movies about Money and Finance

We compiled a list of some of the best movies related to finance, financial crisis, and stock markets. Client 9: Rise and Fall of Eliot Spitzer This documentary feature takes an in-depth look at the rapid rise and dramatic fall of New York Governor Eliot Spitzer....
Deficit and Debt Ceiling Crisis

Deficit and Debt Ceiling Crisis

In this video, Sal Khan explains the basics of federal deficit and what debt ceiling is. It starts with the distinction between deficit and debt. After that it explains the concept of debt Ceiling. In the US, the congress has the pwer to limit how much cumulative debt...
European Crisis Explained

European Crisis Explained

This animation video shows the conversation between two people discussing the European Crisis. It explains the crisis beautifully and provides a breakdown of the European debt situation, starting with Greece and consuming the entire...

Who Really Benefits from Quantitative Easing

Quantitative easing as we know it is a kind of monetary policy use by the central bank of a country to stimulate the economy when other conventional methods are not working. This involves the central bank buying financial assets from the commercial banks using the...

A Comparison of Government Debt Around the World

Ever wondered how much debt the world’s governments owe to others. The interactive clock by Economist shows the global figure for almost all government debts in dollar terms. As every second passes by, someone is in more debt in the world. The clock shows gross...

Where the Mob Keeps Its Money

THE global financial crisis has been a blessing for organized crime. A series of recent scandals have exposed the connection between some of the biggest global banks and the seamy underworld of mobsters, smugglers, drug traffickers and arms dealers. American banks...

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