Tags: Economy

Is It Time to Abandon Green Growth?

Discussions on sustainability still revolve around green growth, making it easy to assume that it is possible and desirable. However, this assumption is increasingly being challenged by the degrowth movement and even some economists. Is green growth a useful paradigm for the 21st century, or is it time to update our ideas about sustainable development?

The USA’s Debt Default Danger

With the impending possibility of the United States breaching its debt ceiling, the “indisputable” stability of its financial and fiscal institutions is once again questioned.

First Silicon Valley, Now Credit Suisse: A Chain of Bank Collapses

Based on these bank collapses, coupled with all other major economic events, it is easy to say that the financial world is currently staring at an unstable future.

OPEC+ fires its last cartridges

Ultimately, OPEC is firing its last bullets before oil takes its downward spiral. Yet, they will be expensive bullets and not without consequences.

Rice: Climate Change’s Victim & Perpetrator

As another rice shortage creeps up on the world, agricultural and political innovation is needed to mitigate the social and environmental harm rice induces. 

IMF Approves $3 Billion Loan to Sri Lanka

On March 20, Sri Lanka obtained a $3 billion loan from the International Monetary Fund (IMF). The reason behind this loan is that the country is currently grappling with its most severe financial crisis since gaining independence from Britain in 1948.

The Future of the US Dollar

Nations have recently begun the process of turning away from the US dollar, leaning towards utilizing more of their own currency, while others lean towards the creation of a new collaborative one.

The Willow Project: A Ticking ‘Carbon Bomb’

The Biden Administration recently approved an oil-drilling project in Alaska’s National Petroleum Reserve, putting in danger polar bear populations and creating enormous greenhouse gas emissions.

Silicon Valley Bank: What Could Happen?

Market traders must have rolled their eyes the night of the 9th of March as they noticed a stock tumble, losing 60% in hours and dragging the benchmark US banking sector index down by eight percentage points. What had happened?

Can Meritocracy Ever Be Fair?

In a perfectly meritocratic state, each role would be filled by the person most qualified to fill it regardless of factors such as social background, gender, or race. On the surface, this system seems ideal. However, there has been some backlash to the idea of evaluating people based on talent or accomplishments in recent years.

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Are We Still Trying to Make America Great Again?

The situation is scary, and the only thing that American citizens can do to prevent it is to vote. Reluctantly, and for the lesser of two evils, they have to cast their ballots. As for the rest of us, we will have to sit back, watch, and hope that the situation that all of us remember from our childhoods does not repeat itself. This time around, there will be no jolly ranchers or playground conversations to envelope our ignorance. This time, we will live through it as adults.

The Global Podcast Era

Since 2020, podcasts have grown to become one of the major sources of entertainment for most people. From leisure to news to wellness and...

Las leyes de la guerra y su moralidad

La guerra no es solo una serie de acciones tácticas y estratégicas; es un terreno donde la moral y la ley se entrecruzan de maneras complejas y dolorosas.