Business

Economists are Beginning to Become Less Pessimistic as China Reopens and as Data Surprises

Economists are Beginning to Become Less Pessimistic as China Reopens and as Data Surprises

Recent positive data surprises and China’s reopening have caused experts to upgrade their previously pessimistic predictions for the world economy. Barclays increased its global growth…
In December, Consumer Prices Decreased by 0.1%, as Predicted by Economists

In December, Consumer Prices Decreased by 0.1%, as Predicted by Economists

According to the Labor Department’s Thursday (January 12, 2023) report, consumer prices posted their largest monthly fall since the early stages of the epidemic in…
After a Protracted Legal Dispute, the Caspian Sea is Now Open to Tourism

After a Protracted Legal Dispute, the Caspian Sea is Now Open to Tourism

The Caspian Sea is the largest enclosed body of water on Earth by area, variously classed as the world’s largest lake or a full-fledged sea.…
Fed Orders Large Banks to Outline their Risk Management Strategies for Climate Change

Fed Orders Large Banks to Outline their Risk Management Strategies for Climate Change

According to the specifics of a pilot program the Federal Reserve published Tuesday (January 17, 2023), the six major banks in the United States have…
Azerbaijan, The Mud Volcano Capital of the World

Azerbaijan, The Mud Volcano Capital of the World

The soil, which stretches to the horizon, rises in peaks like a well-whipped meringue that has become petrified into mud and rock. These strange hills…
Low-carbon Economy

Low-carbon Economy

A low-carbon economy is an economic system in which the use of fossil fuels is minimized and replaced with renewable energy sources, such as solar,…
Naftalan: The Resort in Azerbaijan where Guests Take Baths in Crude Oil

Naftalan: The Resort in Azerbaijan where Guests Take Baths in Crude Oil

Azerbaijan has been making the most of its abundant reserves of “black gold” ever since the world’s first oil well was drilled here in 1847.…
Sheki: The Silk Road City in Azerbaijan is Currently a UNESCO World Heritage Site

Sheki: The Silk Road City in Azerbaijan is Currently a UNESCO World Heritage Site

The Silk Road city in Azerbaijan is likely referring to Gandja (also spelled Ganja or Ganca), which was an important stop on the Silk Road…
Why Azerbaijan is One of the Most Recent and Difficult Trekking Locations in the World

Why Azerbaijan is One of the Most Recent and Difficult Trekking Locations in the World

In the heart of northeastern Azerbaijan, a collection of old stone homes cling to a hilltop surrounded by some of the highest mountains in the…
Archaeologists are Gaining a Better Understanding of this 2,000-Year-Old Roman Temple Because of “Extremely Rare” Discoveries

Archaeologists are Gaining a Better Understanding of this 2,000-Year-Old Roman Temple Because of “Extremely Rare” Discoveries

Cupra Marittima is a small town located in the Marche region of Italy, known for its scenic coastal views and beaches. It’s a popular vacation…
European Stock Markets Close Higher as Investors Keep an Eye on Inflation and American Earnings

European Stock Markets Close Higher as Investors Keep an Eye on Inflation and American Earnings

The pan-European Stoxx 600 gained 0.5% at the closing, somewhat tempering gains made earlier. While cars fell 1.7%, health care stocks increased 1.4% to lead…
Hispanic Employees’ and Black Women’s Unemployment Declined in November While being Stable Overall

Hispanic Employees’ and Black Women’s Unemployment Declined in November While being Stable Overall

While the overall unemployment rate remained stable in November, it decreased among Hispanic workers and Black women. According to the Labor Department on Friday (December…
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