China’s economy has reduced in size for the first time in decades

6 years ago

China’s unbelievable economic growth streak of over forty years has finally come to an end today, with the world’s second…

Could the coronavirus lead to a widespread adoption of universal basic income?

6 years ago

The economic impact of the coronavirus is unprecedented and far-reaching. People all over the world have been affected in some…

The extent of the global corona-crisis: world economy set to shrink by 3% in 2020

6 years ago

According to the IMF, the world economy is predicted to experience negative economic growth of -3% this year. This projection…

Global oil production to drop by 10% as OPEC agrees on an historic deal

6 years ago

The market for oil could be set to rebound following the announcement from OPEC that a deal had been reached…

Coronavirus plunges the French economy into recession

6 years ago

The economic fallout from the spread of the deadly coronavirus around the world has been unprecedented. In this age of…

Loo roll over Louis Vuitton: luxury brands amongst the hardest hit by Covid-19

6 years ago

The global fashion industry, valued at over US$2 trillion, has been hit extremely hard by the worldwide spread of Covid-19,…

Ramen: the inferior good behaving like an… inferior good!

6 years ago

For a student of economics, one of the first concepts we learn about is the different types of goods. That…

Singapore to inject another US$3.6 billion into the economy as coronavirus cases spike

6 years ago

The government of Singapore has announced an additional US$3.6 billion to support the economy as the city state sees coronavirus…