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 another country, they require, first of all, to buy the said country’s currency for one simple reason: f...

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 other hand, NASDAQ is a host to many giant corporations including Cisco, Microsoft, Oracle and Sun Mic...

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). Despite its economic evolving, there is still variation in the economic progress of the state in re...

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 becomes more prominent with every year. It is connected with the population growth as well as with ...

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 the industry in balancing their national budgets. China and the United States, on the other hand, rem...

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 emotions ought to be put in place of more rational ones in the society. Max Weber, a Germany sociolog...