Exchange Rates and Their Impact on the U.S. Economy

The role that exchange rate plays in the economy on the global scale is hard to overestimate. When people or legal entities intend to purchase goods or services from people or legal entities in anothe...

NYSE, NASDAQ and ETFs

Introduction At a glance, the variation between NASDAQ and the New York Stock Exchange may not be perceived. The NYSE lists household names such as Wal-Mart, Coca-Cola and General Electric. On the ot...

UAE Money and Banking System

Introduction Indeed, development of the United Arab Emirates has been very successful, especially with the consideration that the country only attained its sovereignty in the year 1971 (Kumar, 2016)....

Economics of Climate Change

Introduction As it is known, macroeconomic environment of the companies greatly depends on the environmental factors. In this regard, it is appropriate to admit that the impact of the climate change...

How China’s Slowing Crude Oil Demand Could Affect Crude Oil Market

The crude oil market has for a very long period now remained one of the most lucrative businesses in the world. In fact, such countries as Saudi Arabia, Iran, and Nigeria use the money acquired from t...

Bureaucratization and Rationalization

Bureaucratization focuses on how the large number of people should be organized for the purpose of administration. On the other hand, rationalization is the process, by which values, traditions, and e...