Iran Dreams of Aviation Boom

Iran Dreams of Aviation Boom

In 1995 the US government imposed sanctions which, among other things, included a ban on  aviation companies from selling aircraft and repair parts to Iranian airlines. Since the sanctions have been lifted, Iran has made revival of its civil aviation a priority. There...
Can Italy’s Banks Bring Down the EU?

Can Italy’s Banks Bring Down the EU?

Italy’s finances have been bleak for some time now, with a recession that lasted for seven years resulting in the death of almost 25% of industry in Italy. With so much industry gone, Italians have been left with an economy that hasn’t grown in 13 years, and an...
How Big Data is Impacting Economics

How Big Data is Impacting Economics

When you break it down to simple terms, the field of economics at it’s core is about math and people. Nowadays, you might want to add that it’s about math, people, and “big data.”   Economics is the branch of knowledge concerned with the production, consumption,...
Britain on the Brink of Debt Crisis?

Britain on the Brink of Debt Crisis?

New figures from the Bank of England shows that British households are borrowing more than £1bn a month for financing. While the buying of new cars, holiday travel, and other spending is good for the local economy, can encourage growth, and may also stimulate the...