Economics - Page 6

The sharia-compliant Kingdom of Saudi Arabia is facing a spike in interest in birth control and family planning, as the nation grows in wealth and women seek work outside the home.

In an exclusive interview with Breitbart News, the renowned Peruvian economist Hernando de Soto said that both Pope Francis and Donald Trump suffer from an excessively Eurocentric worldview, leading them to see solutions to social ills in terms of walls

The eminent Peruvian economist Hernando de Soto has written an “open letter” to Pope Francis, suggesting that the pontiff tell Donald Trump that the world needs more walls, not fewer walls, if we are truly going to help the world’s poor.

A number of factions within Venezuela’s socialist left are seeking a way to remove President Nicolás Maduro, in a last-ditch effort to “save the Revolution” begun by late dictator Hugo Chávez.

Heating and air-conditioning company Carrier, which has announced it will move 1,400 Americans’ jobs to Mexico, received $5.1 million from the Obama administration.

“Is there anybody here from the Leave Me Alone Coalition?” Sen. Rand Paul (R-KY) asked Monday afternoon at a rally in Des Moines, Iowa, where he thanked his staff, volunteers, and supporters for continuing to support his run for the presidency.

Karl Marx’s The Communist Manifesto is ranked among the top three most frequently assigned texts at universities and colleges, and Marx is the most assigned economist in college courses.

President Nicolás Maduro of Venezuela has replaced his Minister of Urban Agriculture – a position created two weeks ago – as part of renewed efforts to convince Venezuelans to grow their own food, because import shortages are not going away anytime soon.

The Islamic State (ISIS/ISIL) has started auctioning off property belonging to Christians in Mosul, Iraq, as a way to raise funds.

Nicolás Maduro, the President of Venezuela, has announced an “economic state of emergency,” allowing him to rule by decree, in yet another attempt to diminish the power of the nation’s legislature ruled by the opposition anti-socialist party for the first time in 17 years.

Britain’s top share index fell to its lowest closing level in more than three years on Friday, hit by losses in commodity-related stocks as BHP Billiton (BLT.L) suffered a major writedown and oil fell below a key level. The blue-chip

The Left’s strategy for covering Barack Obama’s failures, and sticking us with his disastrous Secretary of State as his successor, requires his friends to somehow smear public opposition as irrational “anger.”

Venezuela’s new Vice President of Economics believes “inflation does not exist” and believes entrepreneurs are an “economic tumor” upon socialist governments. The hard-line socialist Luis Salas, a 39-year-old professor, is expected to exacerbate the nation’s already alarming finance woes.

Despite investing billions into turning Africa into a friendly business environment for them, a recent poll found that Kenyans perceive China as “the biggest threat to the country’s economic and political development.”

In a Tuesday morning interview with radio host Bill Bennett, Paul Ryan defended his omnibus bill’s controversial expansion in the H-2B visa program, which would allow foreign workers to fill blue-collar American jobs, by arguing that if the provision were not included, American companies would be forced to shut their doors.

At the heart of Korea’s Onsan Refinery lies a street called “A.I. Naimi Road,” an homage to Saudi Arabia’s oil minister. The reason: state-owned Saudi Arabian Oil Co. holds a 65 percent stake in the complex.

The Cadillac tax was made famous last year by Obamacare architect Jonathan Gruber who said it was a ploy designed to fool “stupid” American voters. Now the tax is facing a 2-year delay as part of a congressional budget deal, with leading Democrats helping push the deal forward.

GOP presidential candidate Carly Fiorina came out swinging against President Barack Obama and Hillary Clinton for politicizing the mass shooting in California.

GOP frontrunner Donald Trump, a 2016 presidential candidate and billionaire businessman, for the first time ever brought his wife and kids on stage before a rowdy crowd in Myrtle Beach, South Carolina, on Tuesday night.

“The current system isn’t fair,” 2016 presidential candidate Sen. Ted Cruz responded before explaining the details of his recently released tax plan at Tuesday night’s Fox Business-Wall Street Journal debate.

In Tuesday nights’s Republican debate, Donald Trump further distinguished himself from the other top-polling GOP presidential candidates by expressing his adamant opposition to the massive 5,554-page TransPacific Partnership (TPP) agreement.

While Breitbart News has been reporting for months that John Boehner’s speakership was in jeopardy, the Washington media was stunned on Friday with the historic announcement of Boehner’s resignation.

(Reuters) Islamic finance is gaining prominence as a channel for China to expand its economic influence abroad as banks strengthen ties with Muslim-majority countries and Chinese companies start to tap offshore pools of Islamic funds.

Wisconsin Gov. Scott Walker used his sooner-than-expected exit speech to spout the anti-Trump, populist-hating narrative now being pushed by the establishment’s entwined GOP, Democratic, Wall Street, and media wings.

The strong dollar, low interest rates and pent-up demand should drive after-tax growth in real consumer spending and a doubling of the rate of housing growth, according to Lombard Street Research.

GOP presidential candidate former Pennsylvania Sen. Rick Santorum spoke at the National Press Club on Thursday in Washington, D.C., telling the audience that in America no one is above the law, “including presidents, judges, and, yes, immigrants.”

A former milk magnate has poured scorn on recent campaigns by farmers to drive up the price of supermarket-sold milk. He says global over-production and reduced demand are to blame for falling profits, not supermarkets, which are ironically among the

Secretary of State John Kerry warned Tuesday that the U.S. Dollar may “cease” to be the world’s reserve currency should Congress vote to re-apply sanctions to the dictatorial Islamic regime in Tehran.

SAN JUAN, Puerto Rico, Aug. 3 (UPI) — Puerto Rico paid only $628,000 on a $58 million debt bill due Monday, putting the country into default for the first time.

The tidal wave of migrants fleeing the bloody chaos of the post-Obama Middle East has been hitting Mediterranean nations particularly hard. But Hungary has seen a sizable number of migrants from Syria and Afghanistan as well, experiencing what the Wall Street Journal describes as a doubling of last year’s total migrant population in just the first six months of 2015.

Hillary Clinton just laid out her economic agenda, and ambiguous statements about companies like Uber and Airbnb leave the entire sharing economy industry in limbo. Clinton said she “vows to crack down on employers who misclassify workers as independent contractors.” She also noted that the “so-called gig economy offers exciting opportunities but raises hard questions about workplace protections and what a good job will look like in the future.”

In a striking series of admissions, Pope Francis told journalists on the flight back to Rome from Paraguay that he has an aversion to the economy, which he does not understand very well, and that he has neglected the middle class.

It was a very deep depression, as deep as the one that succeeded in 1929. But in this case, the government did not intervene, and it was over in less than two years. Was this a coincidence? Grant does not think it was. He believes, as this writer does, that present government interventions have deepened our current economic malaise and are retarding a full recovery.

Japanese health officials are attempting to deal with a growing problem—a million young adults, mostly men, have locked themselves in their bedrooms and are refusing to come out. This condition, called “hikikomori” by Japanese health professionals, is deeply troubling Japanese leaders.

Since humans don’t behave the way models say we should, those economic models make a lot of bad predictions. “Virtually no economists saw the financial crisis of 2007-08 coming,” he admits (although another behavioral economist, Robert Shiller, did warn about soaring housing prices). “Worse, many thought that both the crash and its aftermath were things that simply could not happen.” The answer is to empower people through free markets.

Supporters of the world’s wealthiest terrorist group, the Islamic State (ISIS), have begun circulating images on social media, confirmed by anti-ISIS activists, of gold coins minted within ISIS strongholds, allegedly a “currency” that will be put to use in the near future.