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Solid economic growth, low inflation, and comfortable international reserves offer a hopeful story line in a war-torn region, but continued chaos in Syria and Iraq will continue to threaten the kingdom’s stability. Jordan featured prominently in the June 20 commemoration of World Refugee Day — and for good reason. According to Jordanian authorities, Syrian refugees… Keep reading →

US billionaire Warren Buffett arrives at

Warren Buffet came in for criticism after his company, Berkshire’s NV Energy, Nevada’s dominant utility opposed the proposal to increase a cap on the amount net metering for state citizens. “While the billionaire’s famed holding company has reaped tax credits from investing in wind farms and solar arrays, net metering is often seen by utilities… Keep reading →

U.S. Government Releases Over $5 Billion In Aid For Home Heating Bills

Enjoy it while it lasts  When oil prices went from where ever they were to $100 and above, everybody said oil is expensive. Consumers and oil importers complained when it hit $115 in July 2014. Gradually, however, everyone got used to $100+ oil. In the past couple of months, oil prices have plunged, hitting low… Keep reading →


China’s policymakers are leaning too heavily on investment to boost economic growth, a strategy that could destabilize the world’s second largest economy, according to a paper prepared by International Monetary Fund researchers. The paper, released this week, finds that China needs to lower total investment by about 10% of gross domestic product to correct course. If policymakers do not act, the authors say that “vulnerabilities will continue to build.” China, along with many other developing countries, has long depended on government-funded investment to encourage economic expansion.