Tag Archive: OECD

Jun 11

How come the Global Oil Consumption is more than the Production?

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Electricity company of Saudi Arabia has warned that country may run out of oil by 2030. Global consumption of oil continues to rise while production has come to standstill  since  almost half a decade. The above chart, referenced above by The Economist is from BP Statistical Review of World Energy June 2011 After falling for …

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Permanent link to this article: http://www.wealthson.com/1174/how-come-the-global-oil-consumption-is-more-than-the-production

May 29

Youth in many developed countries to suffer long run unemployment

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According to a report by OECD, the government of nations under OECD should realize that their youth may have to face long run unemployment. The job prospects in these countries remain grim and worst in case of youth employment.  High degree of dropouts from schools in countries like Spain may cause increase in number of  …

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Permanent link to this article: http://www.wealthson.com/1048/youth-in-many-developing-countries-to-suffer-long-run-unemployment