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Sticking to international standards of research is undoubtedly important since many research bases take for granted the authenticity of a partner’s project they wish to be a part of This helps to save time and money (more…)

It is important from the outset to state that oil does not necessarily mean wealth. The CIA world factbook officially classes 112 countries as oil producers. This is out of a total list of 232 countries, which means that almost half of the world’s nations are classed as oil producers (more…)

There has been a clear pattern in house price over the last few decades. A steady rise throughout the eighties followed by price contractions into the nineties This type of behaviour is frequently seen in property markets and is called a ‘boom & bust ’ (more…)

The present major economic statistics of the country indicate that there is a serious problem existing in the education sector. Neither the government is allocating enough for advancement in this area nor much if being done to make education more accessible to all sections of the society (more…)

Following the development of portfolio theory by Markowitz, two major theories were put forth that employed the theory to derive a model for valuation of risky assets; they were namely the Capital Asset Pricing Model (CAPM) and the Arbitrage Pricing Theory (APT) (more…)

The First Gulf War started when US attacked Iraq on 17th January 1991. But the real war had started when Iraq invaded Kuwait on 2nd August 1990 and proclaimed it as Iraq’s province. Tension was already simmering between the two countries (more…)

Iraq’s invasion and subsequent stoppage of Kuwait and Iraq oil supplies resulted in shortage of approximately 6.9 percent of oil production. But the oil price shock resulting from the invasion was very dramatic. Oil prices doubled within two months to over $40 a barrel from $20 a barrel (more…)

To analyse any long term impact of the First Gulf War on crude oil prices, we compare the crude oil prices in a decade prior to war with crude oil prices in the decade after the First Gulf War (more…)