2021 has been a very positive year for economic growth worldwide, nevertheless, rumors of a looming recession are becoming more of a reality. Europe’s increase gas prices, China’s Omicron outbreak, and the US’s rapid inflation are blaring threat to an economic downfall that could have been avoided. Continue Reading
Globalization is not new. People have traded goods across oceans and continents since the Silk Road. But this 2,000 year legacy may now be in jeopardy as an increasing number of experts warn that globalization, as we know it, may be coming to an end.Continue Reading
In August 2021, the IMF released $650 billion worth of SDRs to all nations to mitigate the impact of COVID on government balance-sheets. Yet a lack of oversight means free currency was spent indiscriminately.Continue Reading
The U.S. and its allies announced new sanctions on Russia targeting foreign assets and removing several banks from the SWIFT payment system. This unprecedented financial penalization could come with unintended consequences.Continue Reading
A huge area of land devoted to the construction of a theme park and an electric vehicle manufacturing unit stands empty. Yet, these were just some of the projects undertaken by China’s Evergrande Group, a company that now faces the threat of survival.Continue Reading
It looks like the United States just became a third wheel. Recent economic data from the E.U.’s statistical office shows that China is now the European Union’s biggest trading partner of goods, knocking the U.S. from its prime spot. While the European Union has been China’s biggest importer for some time, the relationship only became mutual during the pandemic, likely due to the increase in demand for Chinese medical products in the E.U. In turn, demand for European goods in China also grew.Continue Reading
Disrupted by unstable democracy protests and an unprecedented National Security Law, Hong Kong’s position as Asia’s favored financial hub is under threat like never before. Investing Columnist Leo Wang investigates the increasingly bleak future of “Asia’s World City” and the hopeful cities vying to replace her.Continue Reading
The future is electric, not just for Tesla. Investing Columnist Leo Wang investigates the increasingly internationalized and volatile EV market—one that is undoubtedly hungry to innovate, grow, and profit. Continue Reading
Who owns the Arctic and what exactly is so important about it? As climate change leads to the further melting of Arctic ice, countries are scrambling to stake their economic claim in the region. We examine these claims, explore what is driving the claims in the first place, and give some considerations in regards to the future of the earth’s “last frontier.”Continue Reading
The pandemic has left many industries helpless, but edtech-based companies have been witnessing their sales skyrocket as the outbreak came to be a blessing in disguise for the industry. Let us take a look at how COVID-19 has acted as a game changer for edtech.Continue Reading