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?

Recently there has been a lot of talk about China losing its competitive edge, and that many large manufacturing companies intend to shift their facilities elsewhere – to India, Pakistan, Vietnam, Bangladesh, and even Russia. In short, where costs are lower. But t...

For many years, China has been the most populous country on the planet. And the world’s most populous country has gradually become more and more important within the world economy. It is obvious that the country’s territorial and infrastructural needs will o...

There is a growing clamor in the Eurozone from those who believe that the euro is overvalued, and that this is blocking the competitiveness of European products on world markets. Arnaud Montebourg, a French government minister, said in late October that the euro should...

Timed to coincide with Republic Day on October 29, Turkey launched a massive transportation project: the opening of a railway tunnel underneath the Bosphorus Strait that has taken almost 10 years to construct. Marmaray (from the word Marmara, or the Sea of Marmara, and ...

By the end of 2012, developing countries had won the battle “for foreign investments” with developed countries, and the distribution ratio of global flows between these two groups is 52%/41.5%. More than 30% of global foreign direct investments are going to ...

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...

In January 2014, European Union members will be required to open their labor markets for citizens of Bulgaria and Romania, which joined the EU in 2007. The potential migrants are already being perceived as a threat to the countries of Western Europe. As an example of th...

An aging population and rise in unemployment have brought to light a new negative trend: Social contributions from the working population are no longer enough to pay benefits to pensioners – at least not in the amounts they have grown accustomed to. Politicians a...

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...