Category: Economy

In the age of militarisation, political conflicts, ethnic division and religious clashes, seeking happiness is an awkward but essential journey. Scientific development can no more necessarily measure the human progress but the personal wellbeing and satisfaction do. In recent years, the research on happiness have focused on the methods...

Last month, Oxfam published a report saying 26 richest persons in the world hold wealth equivalent to poorest 50 per cent. The world’s richest man, Jeff Bezos, the owner of Amazon, saw his fortune increase to $112bn in a year. Just one per cent of his fortune is equivalent...

‘Smart city’ has become a popular jargon in recent times among the politicians, big companies and policy makers. Politicians might be using it to attract votes, companies to expand their business while policy makers to appear themselves more advances and ‘smart’. There’s little known to the general people about...

The Millennium Development Goals (MGDs) and many other development proposals that form part of the UN activities and other bilateral or regional agreements have always advocated that the developed and rich countries lend support – financially and technically – to the developing and poor countries to help them come...

Recent economic indicators from Australian researches have projected a rather darker side of the Australia’s economic future, with possibility to some form of crash or recession in near future. Result from a new research show the household debt in Australia has grown to $1.8 trillion, equivalent to $88,000 per...

You might start your new year with positive energy but the year hasn’t started so positively. The economic prospect of the year looks glimmer than we can expect though it does not mean we must expect the worsening conditions. The World Bank statistics show the economic growth has stagnant to...