For a long time, Mexico was to North America as China was at the end of the 20th century, with its cheap labor, high workforce productivity, and low quality. But government stakes in developing high-tech industries, Mexico’s unprecedented openness to international...

Created in 2011, today the Eurasian Customs Union (ECU) is the largest economic platform in the former Soviet Union. Made up of Russia, Kazakhstan, and Belarus, the ECU is a common customs territory with total annual external trade of $939.3 billion and internal trade o...

Most Germans live in rented apartments, and these days Germany is becoming one of the most popular destinations for foreign real estate investors. So why are Germans so keen on buying and not renting?

Employees at the Pilsen Steel Mill are back to work, having stopped production in the middle of June. Half of the 900 plant’s employees are back at the machines again and the other half will resume within the next month. Full production is planned to start in late...

The lengthy U.S. economic recovery is accompanied by growth in economic indicators across the board, including in sales of motor vehicles, which have reached record levels. In order to keep pace with the increased demand, all assembly line facilities in the United State...

September began with good news for the Spanish economy: For the first time in recent years, Spain attracted enough foreign investment to start growing. Export volumes hit records, imports bottomed out, and foreigners are creating demand for everything, including in the ...

The year 2012 was marked by the opening of the Indian retail market to foreign investors. Given the Indian economy’s explosive growth, this event promised billions in profits to retailers. Yet with growth cooling in 2013 and the financial crisis intensifying, fore...

Then-Prime Minister of the Czech Republic Petr Necas, in his speech at the 8th Annual European Nuclear Energy Forum on May 30, announced that the Republic plans to continue developing nuclear energy. “I think that nuclear energy can not only strengthen our country...

In early May, Air France officially announced that its low-budget carrier has been put up for sale and that the airline is planning for big cuts over the next two years. World Economic Journal tried to figure out what is shaking Air France. The problems here began long ...

Chicago has always been more famous for its pizza that its elite housing. But the revival of skyscraper construction and the rise in real estate prices have given rise to the development of the luxury housing market in the Windy City. Developers have begun a battle for ...