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 a pizza for the story about papa john's stock price
Consumer and Business Behaviour

Who ordered pizza? Everyone it seems! Papa John’s sales in the US are expected to be up 5.3% this quarter

With three out of four Americans now under some kind of lockdown, that is around 245 million people who now need to cook for themselves every day. Whilst many may be embracing their kitchens and […]

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 […]

Image of a coal mine
Basic Economic Concepts

Coal: the world’s dirtiest and most damaging fossil fuel has now become the most expensive!

As students of economics, these really are crazy times we are living through! From governments paying private sector wages  to 0% interest rates, to toilet paper shortages,  the latest to add to this list is the environment’s least […]

An image to show restaurants closing in the UK because of Coronavirus
Consumer and Business Behaviour

Not even a cheeky Nando’s can help you through this crisis: Nando’s and McDonald’s to close all UK restaurants!

McDonald’s has announced that as of Monday evening it will close all 1,270 of their UK based restaurants until further notice. Employing around 135,000 people across the UK, this is going to put a huge […]

Aggregate Demand and Supply

Now this is monetary policy: US Federal Reserve is throwing everything it’s got at the coronavirus

In an unprecedented move today, the US federal reserve, which controls and coordinates American monetary policy, has announced a cocktail of measures to combat the economic fallout from the coronavirus which utilises almost every weapon […]

Consumer and Business Behaviour

The more you honk the more you wait: Mumbai’s innovative solution to impatient honkers!

Local government in Mumbai have come up with an inspired plan to cut noise pollution across the city. Fed up with honking drivers waiting at the city’s junctions, traffic lights have been installed with listening […]

Balance of Payments

Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed on goods from countries all over the world, engagement in a devastating trade war with […]