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Australia’s Economy: A Brief Look

Australia

For over 25 years the Australia economy has recorded remarkable economic progress seemingly unaffected by recession. The economy has enjoyed the assistance of its efficient government system and its excellent legal system and independent bureaucracy along with an abundance of natural resources such as coal, and iron ore – these helped create a healthy economy such as Australia’s. Australia proves to be an enticing place for investment for its available workforce and most industries open to foreign competition. The…

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Inflation in Germany 2017

German flag

In more than four years, the annual inflation rate of Germany has accelerated through its fastest pace, giving ammunition to hawks in the eurozone’s largest economy that are uneasy at the ECB or European Central Bank’s loose monetary policy. In accordance to this, the rise in German inflation went up to 2.2% in February, which is above the ECB’s target rate for the Eurozone to close to but under 2%. In addition, Mr. Wiedmann, one of the most influential…

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IBM’s Earnings in Q1 2017

IBM Logo

Known in the tech industry as the Big Blue, IBM reported a 13pc drop in quarterly earnings and narrower income across business sectors including: Cloud and Watson, its AI business unit. However, things have been a little bit rough for IBM, as their total revenue dropped down for 20th consecutive quarter. The company’s Q1 revenues for 2017 fell short of expectations, reporting a bigger that expected decline for the first time in five quarters. IBM claimed revenues of $18.2…

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