US airlines
Consumer and Business Behaviour

American airline employees are facing the tough decision of cutting their losses or gambling for hope of a brighter future

The aviation industry has been one of the hardest hit by Covid-19. With countries closing borders and people ordered to stay at home, the demand for air travel has plummeted. The result has been a […]

an image of Canadian dollars as the economy experiences deflation
Aggregate Demand and Supply

Deflation in Canada: why economists will tell you that falling prices is not something to be happy about

The inflation rate in Canada entered negative territory in April, as year-on-year inflation was measured at -0.2%. This essentially means that the average price level in Canada was 0.2% less in April this year, than […]

An image of Dhaka in Bangladesh
Aggregate Demand and Supply

Over a million clothing workers in Bangladesh have lost their jobs as Covid-19 brings the textile industry to a standstill

Clothing workers in Bangladesh, the South Asian country which is only second place to China in the global manufacturing of clothing, have been hit hard by the worldwide spread of Covid-19.  The plummeting demand for […]

An image to show Chinese manufacturing opening up again
Consumer and Business Behaviour

The factory of the world is firing up again: China records strong growth in manufacturing activity for March

Whilst economies around the world are still on their knees, China seems to have picked itself back up again, after emerging from the worst of Covid-19’s destruction across the country. In battling the virus throughout […]