What happens when entire countries can no longer pay their debts in the 21st century? Is the international economy strong enough to handle dozens of insolvent countries—especially in the middle of a global pandemic? This article explores how countries became indebted before and during COVID-19 and whether the current strategy of sovereign debt reduction is an effective way to stabilize countries in the midst of a public health crisis.
Many college students and adults want to start their own company as they think they have the next million dollar idea. However, only a few of those entrepreneurs actually succeed while many others go bankrupt. In this article, I will discuss what I believe to be the most important characteristics of a successful startup.
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.”