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The global debt is currently around $60,244,106,843,495, and according to the , there are only two countries,  and , that don’t owe any sovereign external debt. Both countries are fairly small, and are both resource rich,  into their economies. Macau is a semiautonomous region of , and is home to the world’s largest casinos. Lichtenstein is one of the smallest European countries, and is the largest manufacturer of fake teeth and sausage casings. Both countries don’t use their own currencies, with Lichtenstein using the Swiss franc and Macau using the Hong Kong dollar, so their governments are unable to print more currency and utilize inflationary financial policy.

There has been a lot of research lately into the effects of gender diversity on a company and the results are impressive. The research found that it pays off in multiple ways to have more women, who are treated equally, at a company. The advantages to companies include higher returns, less volatility in returns, higher performing stock, lower probability of a major drawdown, superior decision making, lower accruals, and attracting the top talent. Businesses are not only driven to diversify by the profit motive but also by the workforce itself.

One of the newest technological curiosities to hit the globe is virtual reality, where, with a headset, users can be transferred to a “real” place anywhere on Earth, in an environment that is also completely interactive. The vast amount of applications for this make it extremely promising, and its impact on the business world could be huge, possibly in a way not seen since the creation of the internet. At this time, the headsets have mostly been focused on the industry, in applications like video games, but as virtual reality becomes mainstream, its use could spread to many facets of our lives.

In recent weeks, there has been a lot of coverage of various commodities, such as oil, and the role they play in the global economy. Two other commodities that are influencing the global economy are lithium and coffee.

On June 23rd of this year, the will vote in referendum on their future with the . Their potential exit, which has been dubbed “The Brexit”, would undoubtedly have major ramifications on the European economy, and the global economy as a whole. One of the ramifications of a Brexit on the rest of Europe that could possibly be overlooked or underestimated, is the effect on employment throughout the entire .

Have you visited the lately? The latest segments feature a variety of interesting topics related to international business and trade. Specifically, the latest segments cover the evolving relationship between and the , the UK referendum on EU membership, the status of the United States’ relationship with , Turkey’s involvement in the refugee crisis, and more. Be sure to visit the today to get an in-depth look at the aforementioned current topics in international business. 

For a while now, Europe has been going through a wide variety of issues. Whether it’s the refugee crisis, risk of Britain voting to leave the , or economic disaster, Europe has been set back recently. Despite these issues, European leaders cannot afford to lose sight of their long-term economic goal, “Growth.” Europeans need to act now due to the continent's aging population that creates a significant barrier for economic growth.  

This Monday, Puerto Rico defaulted on a $422 Million dollar debt payment, a significant development as the island faces an impending economic crisis. As stated by Heather Long in CNN Money,  This quote shows what kind of state the island is currently in and its outlook for the future does not look any better. Governor Alejandro Garcia Padilla says that they are facing a “humanitarian crisis”, and he claims that he is  

A major alliance between two ascending regions of the world has been bubbling under the surface of public awareness for years. This alliance is of the economic variety, and has the potential to reshape the socioeconomic and political future of our world. The size of China’s investment in Africa is truly massive; or is it? As many may not know, has been in the news for its lending and investing activities in Africa over the recent years. According to new research and investigation, however, the scope and hype of the Chinese activity in Africa may be over-exaggerated.

In a legally-binding agreement reached in , over 195 nations pledged to reduce carbon emissions from 2020 onward. The ultimate goal of the conference was to adapt measures that would . The passing of this agreement--the first of its kind--appears indicative of the current worldview of climate change. Most world leaders are now unified in the idea that climate change is an increasingly urgent global concern. As a result, the pressure to utilize renewable energy sources has never been higher. Such resources, including hyrdo-electric power, wind turbines, and solar cells, are growing in both popularity and efficiency. Now, the goal is to deviate totally from fossil fuels, both in daily energy use and in international business.