The Great Depression & World War II

Millions of Americans invested in stock market, they bought shares both with their own money and with the loans. As a result, people sold their stocks and the stock market crashed resulting in the great depression. This caused serious effect on the economy and various industries fired their employees. As the unemployment increased, the government... Continue Reading →

Agenda of IMF and East Asia Crisis

IMF was created on some market failure basis. Keynes, the founder of IMF was afraid that market if left alone, may destroy people and make them unemployed. He pointed out the market failures and possible problems and gave IMF as a solution. He proposed an agenda that IMF can help the matters by pressurizing the... Continue Reading →

JIT Panama Leaks Verdict Announced

Some 11.5 million documents known as Panama Papers¬†were leaked in 2015 that contained financial and attorney client information of more than two hundred thousand offshore entities across the globe. 140 politicians of different countries across the globe were enlisted in the Panama Leaks. Ministers of different nations across the world were kicked from their posts... Continue Reading →

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