The Iran Nuclear Deal was signed in 14th of July 2015. Through this deal, Iran agreed to cut down its nuclear development activities in return for its economic sanctions were lifted that had restricted its excess to Western Markets. Over the elapsed time, legislative bodies in U.S and Iran have
Russian Oil Industry
It has been almost a year since the oil has firmly entered the new era of low prices. And in December it has been a year since Russia had officially stepped into crisis following the downward trend of the oil price. The oil price fall that began in mid-2014 has
Interest Rates and Financial Markets
Last month, Federal Reserve (FED), US Central bank announced keeping interest rates unchanged, enhancing chances for December rate hike. The same day, Dow Jones gained 1.1%, the S&P 500 1.2% and the tech-packed NASDAQ composite 1.3%. The two-year treasury notes hiked 9 points, which is the biggest increase in past
Bitcoin – The Currency of the Future?
During my semester abroad last spring, I took a course called Business Presentations, for which we had to pitch a new or existing product to the rest of the class. The class would act as investors and decide the fate of the product. Now, while the rest of the class
It took 1,100 deaths in 2013 for fashion and large retail chains across Europe and North America to come together and address an inevitable crisis. Rana Plaza, an eight-story commercial building in Bangladesh, which is considered to be a hub of textile manufacturing, collapsed because of its shabby condition. This