While the Nordic model may not be completely suitable for other countries, or even sustainable in the long-term, it can still inform our understanding of how other regions around the world can be improved. Key ingredients for its success thus far, such as social cohesion and low levels of inequality, are phenomena to study, and potentially emulate, that could benefit individuals worldwide.Continue Reading
As the world reels from OPEC’s announcement of an unprecedented petroleum production cut, let’s take a few moments to examine OPEC and its role, as well as how America can protect its national and consumer interests by reducing its dependence on foreign fuel sources.Continue Reading
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
Russia’s invasion of Ukraine has forced the EU and the United States to take real strides towards transitioning into green energy in the hopes of reducing their dependence on Russia’s fossil fuel exports. Did it have to take a war for governments to take green energy seriously?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
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 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