Just How Strong Is the U.S. Dollar?

The story of the U.S. dollar for some time, since July 2014 at least, has been that it is seeing an unusually rapid rise against all other world currencies. The dollar gained strength due in large part to the U.S. having an especially strong economy while the rest of the world struggled. During the second

Venezuela’s Economic Crisis

The South American country of Venezuela is currently facing the most serious economic crisis of any Latin American country. President Nicolas Maduro, the successor to Hugo Chavez, recently declared a state of emergency in the country. According to Forbes, inflation will likely top 400% this year, and many parts of the the country are already

A Look at Russia’s Struggling Economy

Russia’s economy has been operating at a deficit since 2012, and poverty there continues to be on the rise. In fact, the World Bank predicts that the poverty rate will reach 14.2% in 2016. The country’s Reserve Fund is also expected to run out by 2017—just next year. Recently one New York Times economic analyst

Greece Seeing More Bailouts

The Greek government-debt crisis has definitely been a hot topic in global economy news for some time now, and it looks like European leaders are scrambling once again to come up with solutions for Greece’s struggling economy. According to CNBC, Greek lawmakers approved another round of steep tax hikes and spending cuts in mid-May, in