The pandemic has disproportionately affected LIDCs across the globe; with LIDCs lacking access to financial capital, they face domestic economic decline and forecast increased levels of poverty. As LIDCs struggle with limited financial capital, can financial markets play a role in helping LIDCs during the pandemic?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
The pandemic, as it has done to so many industries, has put in a pin in the production and distribution of movies and television shows, yet as so many people are forced to self isolate, the demand for content new and old has never been higher. As COVID-19 drains some sectors of the film industry and boosts others, we investigate who the biggest winners and losers of the pandemic are in the entertainment industry. Continue Reading
Over the past year, COVID 19 has impacted buying decisions and seller practices. As cases continue to rise across the world, how have businesses been impacted by closures and online commerce? Continue Reading
COVID-19 has an unprecedented and far-reaching effect on the global economy, bringing up lots of uncertainties and potential risks for investment in 2020. The historically low mortgage rates provide possibilities for the potential investment return in the real estate sectorContinue 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
The Covid-19 pandemic has added fuel to the fire of The Retail Apocalypse. Some of our favorite brands have decided to close up shop. Yet, some seem to be thinking ahead. Our Economic Columnist discusses ways tech, fashion, and coffee giants are strategically pivoting during the peak of the retail apocalypse. Continue Reading
Higher education is a lucrative industry. Millions of students funnel billions of dollars into universities to not only attain an undergraduate degree but to also live the so-called “college experience.” But just like every other industry, it has been hit hard by the coronavirus, and students are rethinking whether the virtual, online college experience is worth the high price tag.Continue Reading
Zoom (NASDAQ: ZM) is a video conferencing software which has been widely adopted by businesses, schools, and other institutions as a means of communicating during the COVID-19 pandemic and quarantine. Relatively unknown prior to the pandemic, its convenience (45-minute meetings are free) and friendly user interface have led to Zoom skyrocketing in popularity from around 10 million users in December 2019 to over 200 million users in March 2020, solidifying its domain amongst competitors such as Discord, Google Hangouts, Microsoft Teams, and Skype. Continue Reading
A total of 101 incidents at various banks across Lebanon from November 1 to January 13, including sit-ins, minor and violent scuffles, hostage taking, and forklifts blocking bank entrances, have only contributed to the exponential decline in consumer confidence in local banks. To regain political balance and hopefully reinvigorate foreign stimulus to abate the rising economic disaster, a new Prime Minister, Professor Hassan Diab, was installed. However, this decision—one that was backed by the US-delegated terrorist militant group Hezbollah—has not sat well with citizens, as they believe the new candidate was selected by the same political elites behind past political corruption in Lebanon.Continue Reading