Indermit Gill, the chief economist at the World Bank, is urging new strategies to deal with the growing debt issue that is affecting many nations, including measures to take into account domestic borrowing when determining a country’s debt sustainability. According… Read More ›
Geopolitics
Russian Efforts To Evade Sanctions Include U.S. Shares With European Banks
On Sunday, the United States said that it had exchanged intelligence with European bankers, government representatives, and business executives in order to crack down on Russia’s attempts to circumvent Western sanctions. In order to encourage more effective enforcement of the… Read More ›
Recent Reports Claim Business Travel Will Never Return To Normal
The era of extravagant, high-flying business travel may be coming to an end. Business travel will never resume normal operations, according to a recent analysis by the research firm Morning Consult. According to the paper titled “Business, but Not as… Read More ›
Chile’s Lithium Nationalization Announcement Is The Latest Instance Of Nationalizing Natural Resource
In order to promote the economy and safeguard the environment, Chilean President Gabriel Boric declared on Thursday that he would nationalise the massive lithium sector of the nation. The shocking declaration is the most recent example of a pattern in… Read More ›
Luxury Market Under Investigation As EU Looks Into Gucci And Others
After European Union antitrust inspectors visited Gucci’s Milan headquarters this week as part of an inquiry involving many nations and businesses, the region’s booming luxury goods market came under scrutiny this week. The European Commission announced on Tuesday that antitrust… Read More ›
Reasons For UK Inflation Higher Than Rest Of Europe
The fact that Britain is the only significant advanced economy with double-digit inflation is an unfortunate sign of the tremendous economic problems the nation is currently experiencing. According to figures released on Wednesday, annual consumer price inflation (CPI) in Britain… Read More ›
India’s Population Is About To Surpass That Of China, Declares The United Nations
By the middle of 2023, India’s population is predicted to reach 1.4286 billion, surpassing mainland China’s population forecast of 1.4257 billion. The data are now reflected in the Wednesday update to the UN’s World Population Dashboard. Since China’s population growth… Read More ›
EU Competes With The US And Asia With Its Chip Subsidy Scheme
A 43 billion euro ($47 billion) plan for the European Union’s semiconductor industry was approved on Tuesday in an effort to catch up to the United States and Asia and launch a “green” industrial revolution. The EU Chips Act, which… Read More ›
Airline Industry Officials Says Cost Of Greener Flights Will Be Higher Than Usual
According to an organization representing the UK aviation sector, the cost of decarbonizing air travel will undoubtedly increase ticket costs and discourage some people from taking to the skies. According to Sustainable Aviation, actions like switching to more expensive sustainable… Read More ›
G7 Alliance Will Maintain $60/Barrel Cap On Russian Oil Prices
Despite rising global crude prices and requests from some nations for a lower price ceiling to limit Moscow’s income, the Group of Seven (G7) coalition will maintain a $60 per barrel price limitation on seaborne Russian oil, a coalition official… Read More ›