OPEC mulls a long-term alliance with Russia to keep oil prices stable The Economist comments on the strengthening relationship between Saudi Arabia and Russia and puts forward the idea that the countries are set to reach more effective limits to the global production of oil. Resurgence of shale production in the U.S. makes it natural for the large producers whose economies are strongly dependent on...

In an auction in Alkmaar, a city in the Northern Netherlands, an aggregate of 90,000‎ guilders (ƒ‎‎) was generated from sales of tulips and other exotic flowers. A tulip sample named Viceroy was sold for ƒ4,203 while another tulip, Admirael van Enchuysen, was offered ƒ5,200.  To put into context, during much of the 17th century, an average outdoor laborer earned about...

This paper aims to analyse the effects of monetary policy, a macroeconomic policy that is used to reach economic objectives such as lower unemployment, economic growth, and stable national currency and inflation (Iordachioaia, 2011). Indeed, several articles and books have emphasised the economic importance of monetary policy. The theoretical model of monetary policy is highlighted in “Principles of...

Baku, Azerbaijan 5-18 August 2018   About Summer School For the second time, Azerbaijan State Oil and Industry University offers a unique opportunity for a selected group of highly motivated and prospective undergraduate, graduate and postgraduate students to experience top-class and challenging university-level summer school on "Post Oil Economy".   Why participate? - Broaden economical and...

The Prague-based NGO SCHOLA EMPIRICA is pleased to launch the 14th edition of Prague Summer Schools! Prague Summer Schools are seven-day academic programs designed to bring together undergraduate and graduate students of various nationalities and academic backgrounds to enjoy their summer holidays in a unique academic and cultural environment. SCHOLA EMPIRICA is pleased to announce the forthcoming Prague...

  MA in Politics and Security Programme (Central Asia)                                                      MA in Economic Governance and Development Programme   Application deadline – 15 March 2018, 11 pm (Bishkek time) The OSCE Academy in Bishkek is a...

The univie: summer school will take place from July 14th to August 11th 2018. The four week program offers high level European Studies courses and the Austrian Arbitration Academy in the morning and German Language courses in the afternoon. The European Studies courses are held in English and focus on Europe and the European Union. They cover political, economic, and legal, but also historical and cultural...

In July 1993, following the war over Nagorno-Karabagh, Turkey shut down its borders with Armenia as a gesture of sympathy for Azerbaijan. As a result of this disassociation, the Kars-Gyumri-Tbilisi railway—then the only link between Caucasus and Turkey—ceased its years-long operation. After closure of the Kars-Gyumri rail line, Turkey, Georgia, and Azerbaijan launched considerations on how to...

Myanmar has been worldly renowned for the quality, rarity, and variety of its precious stones since ancient times. Chinese Ming and Qing emperors, British colonizers, Burmese kings, Shan warlords, and current Myanmese military have all been gravitated by the alluring glitter and monetary value of the Burmese gems. The precious stones that can be found in Burmese lands include spinel, diamond, ruby,...

Recent Rohingya crisis has chiefly been examined as a byproduct of religious sectarianism and ethnic hostility. With main international focus concentrated around the Rohingya’s status as religious and ethnic minority subjected to “cleansing”, other motivations behind the crisis have been duly ignored. Economic and business interests of the Myanmar government have been one of these...

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