Natural disasters can leave catastrophic damage around that world that exceeds geographical damage. Nigeria, Indonesia, and Maui faced distinct natural disasters that demonstrate how economic variables vary in the midst of catastrophe.Continue Reading
Nuclear weapons, the hypersonic missile, and maritime dominance are key advantages in the present and future of modern warfare. However, most notably, the backbone of national security lies within a resilient and diversified economy. Today, the United States is teetering on a strategic arms race with the world’s largest economy: China. Continue Reading
According to the Harvard Business Review, “five years ago, intellectual property wasn’t even in the vocabularies of many CEOs, let alone a part of their business strategies.” But Richard Thoman of the $20 billion Xerox Corporation believes this landscape has vastly changed. Continue Reading
Transitioning from a linear to a circular food economy stands as a pivotal solution to address the pressing problem of food waste. This collaborative endeavor holds promise not only in mitigating environmental challenges but also in enhancing food security, fostering economic growth, and paving the way for a sustainable and resilient future.Continue Reading
“The proposal of dollarization by Javier Milei represents a bold avenue for the nation. It offers the prospect of currency stability, which is vital given Argentina’s history of hyperinflation and devaluation. While relinquishing control over domestic monetary policy and economic dependence on the U.S. are key concerns, the case studies of Ecuador and El Salvador shed light on potential strategies for successful implementation.”Continue Reading
“Make Amazon Pay” is a recent campaign initiated by employees in the United States and other countries such as Japan and Australia. Amazon employees are fighting for higher wages and better working conditions, and they are willing to protest and engage in strikes to achieve their demands.Continue Reading
Recently, the stock market has experienced big wins. Economists argue that this increase can be correlated to the fact that, in October, the consumer price index went down to 3.2 percent. The slowed consumer price index is rooted in a campaign by the Federal Reserve, which wishes to “kill inflation” by lowering rates. There is a big debate among economists concerning whether this upward-moving stock market can be backed by economic indicators.Continue Reading
The renowned genetic testing and analysis company, 23andMe, suffered a significant data breach. Hackers infiltrated their databases, gaining unauthorized access to the genetic information of millions of individuals worldwide. This raises profound ethical questions regarding the use and protection of personal genetic data. Continue Reading
The Stripper Index, named for how it relates the revenue generated by strippers’ cash tips to the financial strain of consumers and the current economic cycle, though it encompasses all forms of sexual labor, has been mostly a joke to economists as they continue to explore different methods of predicting the economy. However, when X user and stripper @botticellibimbo correctly predicted the economic decline in 2022 based on her recent profits at work, economists began to examine the Stripper Index more closely.Continue Reading
Ultimately, this game of panda tug-of-war seems to be a manifestation of the boiling pettiness between two prominent global superpowers.Continue Reading