The government of Singapore has announced an additional US$3.6 billion to support the economy as the city state sees coronavirus…
Clothing workers in Bangladesh, the South Asian country which is only second place to China in the global manufacturing of…
As of Wednesday this week, national minimum wage in the UK has increased by 6.2% for those aged 25 and…
With three out of four Americans now under some kind of lockdown, that is around 245 million people who now…
Whilst economies around the world are still on their knees, China seems to have picked itself back up again, after…
Since the outbreak of Covid-19 in January this year, governments and central banks around the world have been spending trillions…
As consumers around the world look for any way they can to fend off the deadly coronavirus, drinking copious amounts…
In response to the economic fallout from the spread of Covid-19 in the US, the Senate has passed a bill…
Using a measure called the broad effective exchange rate, a measurement of a currency’s value against a basket of their…
As students of economics, these really are crazy times we are living through! From governments paying private sector wages to 0% interest…
McDonald's has announced that as of Monday evening it will close all 1,270 of their UK based restaurants until further…
Since the deadly outbreak of Covid-19, there have been cases all over the world of panic-stricken consumers rushing to supermarkets…
In yet another unbelievable day of economic policy in action, the chancellor of the exchequer, Rishi Sunak, announced yesterday the…
For the second time in a week, the Bank of England has cut interest rates in an attempt to rescue…
It’s not all doom and gloom! Well… it is mostly. But with all the negative economic news in the last…
In a huge show of strength against the so-called anti-competitive practices of US tech companies, the French competition watchdog has…
In an unprecedented move today, the US federal reserve, which controls and coordinates American monetary policy, has announced a cocktail…
With airlines tiptoeing on the edge of collapse, empty hotels filing for bankruptcy, and restaurants forced to shut their doors for the…
As the spread of the coronavirus continues to wreak havoc, stock markets around the world have continued their freefall. The…
In an attempt to combat the economic fallout caused by the outbreak of the coronavirus, the Bank of England has…
Korean Air, the largest airline in South Korea, is currently fighting for survival after the outbreak of the coronavirus has…
Lobster, a seafood delicacy which is usually only eaten on special occasions, has seen its price slashed by over 50%.…
The world awoke to the largest drop in oil prices in 29 years today as Saudi Arabia, the world’s second…
The Prime-minister of Lebanon has announced that the country in Western Asia is to default on a huge debt repayment…
As of March 1st, 2020, all public transport in Luxembourg is now free. Yes, you read it right. All free!…
With growing concerns over the spread of the coronavirus in Australia, supermarkets and other retailers have been stockpiling supplies of…
For the first time in years (perhaps ever!), a warm winter in Germany has led to all German vineyards unable…
A hotel in Japan which is popular amongst Chinese tourists has been forced to file for bankruptcy following a sharp…
In an unprecedented move to help boost the ailing Hong Kong economy, the financial secretary Paul Chan has announced a…
Moroccan phosphate exports have fallen to an eight-year low from the disputed territory of Western Sahara with exports in 2019…
All eyes are on the UK’s new chancellor, Rishi Sunak, who will soon be announcing the government’s budget for the…
With millions of people in self-imposed quarantine across China and severe travel restrictions, small and medium sized businesses could be…
The British Home Secretary has suggested the training and upskilling of the economically inactive in order to fill the large…
The price of wine is dropping fast in the US as a result of changing patterns in consumer behaviour. Where…
An unexpected surge in economic growth at the end of 2019 was very good news for the Israeli Prime Minister…
Despite an ongoing US$9 billion court case in the US over tax evasion, the CEO of Facebook Mark Zuckerberg has…
Defence spending across the world increased significantly in 2019 according to a report by the Institute of Strategic Studies (ISS).…
A recent report by a team of US scientists at the University of Arizona has suggested that owing to the…
The inflation rate in Ghana, as measured by the consumer price index, ended at 7.9% in 2019. In a recent…
Pakistan’s high interest rate of 13.25% is unlikely to be changed anytime soon according to analysts in the country. Monetary…
After a dismal 0.2% decline in productivity in the third quarter of 2019, American workers bounced back through October to…
Reports from inside the Whitehouse have suggested that the Trump administration is set to announce huge increases in spending on…
For the last two years, a dark cloud has been over Argentina as they contend with a serious economic crisis.…
Local government in Mumbai have come up with an inspired plan to cut noise pollution across the city. Fed up…
Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed…
After 5-days of significant loss, oil prices made a comeback on Wednesday with prices increasing by just over 2%. Reports…
Palm oil, which accounts for over 5% of Malaysian exports, has seen a dramatic decrease in stock levels with the…
The economic impact of the coronavirus is still a guessing game at the moment, but one thing is for sure:…
In the latest World Investment Report by the United Nations Conference on Trade and Development (UNCTAD), it was announced that Egypt held…
The value of Korean exports in January has decreased for the 14th straight month, with the Asian nation posting an export…