Global Economy

Greece: The Achilles' Heel of the EU

Greece became the nucleus of Europe’s debt crisis following the implosion of Wall Street in 2008. Many mechanisms that EU members took for granted, and believed in, ended during the latest financial crisis.

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Meat Scandal Creates Havoc in Brazil

The recent and widening meat scandal is shaking the Brazilian corporate sector in a big way, already struggling with the worst recession to hit Latin America`s biggest economy. The country’s meat selling scandal has brought to the fore BRF and JBS, two of Brazil’s most successful companies, which are currently under investigation. 

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Venezuela hit by a severe economic crisis

Venezuela is besieged by international scorn and popular protests as its government has grown increasingly dictatorial. President Nicolas Maduro claims that his country is a victim of an "economic war" led by opposition businesses. 

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Abu Dhabi Tightens Purse Strings

There are few bigger attractions for expatriates seeking a top-paying job in the oil-rich Gulf than the Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds. But as Abu Dhabi implements a string of cost-cutting measures even Adia’s staff are starting to feel the pinch. 

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