DEMAND

Coffee Prices Hit Record Highs as Supply Struggles to Meet Global DemandCoffee Prices Hit Record Highs as Supply Struggles to Meet Global Demand

Coffee Prices Hit Record Highs as Supply Struggles to Meet Global Demand

Coffee drinkers, brace yourselves: the price of your daily cup is set to rise as global coffee prices hit record…

3 weeks ago
New Zealand’s Tourism Tax Hike: A Boost or Barrier for Economic Growth?New Zealand’s Tourism Tax Hike: A Boost or Barrier for Economic Growth?

New Zealand’s Tourism Tax Hike: A Boost or Barrier for Economic Growth?

New Zealand is set to raise its tourism entry tax, increasing the International Visitor Conservation and Tourism Levy from NZ$35…

4 months ago
Apple Braces for Potential Fourth Quarter Revenue Decline Amid Global ChallengesApple Braces for Potential Fourth Quarter Revenue Decline Amid Global Challenges

Apple Braces for Potential Fourth Quarter Revenue Decline Amid Global Challenges

Apple, the tech giant known for its iPhones and MacBooks, is bracing for its fourth consecutive quarterly revenue decline. As…

1 year ago
Swiftonomics Strikes: Taylor Swift’s Tour Boosts Hotel Bucks!Swiftonomics Strikes: Taylor Swift’s Tour Boosts Hotel Bucks!

Swiftonomics Strikes: Taylor Swift’s Tour Boosts Hotel Bucks!

Pop sensation Taylor Swift is not only dominating the music charts but is also making a significant impact on the…

1 year ago
Apple’s China Wobble: When Politics Meets Tech!Apple’s China Wobble: When Politics Meets Tech!

Apple’s China Wobble: When Politics Meets Tech!

Apple has hit a snag in China with recent reports suggesting that Chinese government workers have been instructed to stay…

1 year ago
Luckin Coffee sells big on their new Boozy BrewLuckin Coffee sells big on their new Boozy Brew

Luckin Coffee sells big on their new Boozy Brew

Luckin Coffee, a prominent coffee chain in China, recently brewed up a storm with its new offering: an alcohol-infused latte…

1 year ago
Pouring Money Down the Drain: The €200M Plan to Save Wine!Pouring Money Down the Drain: The €200M Plan to Save Wine!

Pouring Money Down the Drain: The €200M Plan to Save Wine!

Time to uncork a bottle of economic intrigue: the French government and the European Union are shelling out a whopping…

1 year ago
China’s Economic Recovery Boosts Sales for U.S. CompaniesChina’s Economic Recovery Boosts Sales for U.S. Companies

China’s Economic Recovery Boosts Sales for U.S. Companies

China's economy is recovering from a slowdown caused by the COVID-19 pandemic, and this is good news for U.S. companies…

2 years ago
War in the EV market as Tesla slashes prices againWar in the EV market as Tesla slashes prices again

War in the EV market as Tesla slashes prices again

Tesla has announced price cuts for the second time this year in a renewed bid to outprice competitors and stimulate…

2 years ago
Funko Pop!’s biggest customer of the year so far… the trash can!Funko Pop!’s biggest customer of the year so far… the trash can!

Funko Pop!’s biggest customer of the year so far… the trash can!

Funko, the company behind Funko Pop! - those vinyl figurines with big bobbly heads, has recently announced its plans to…

2 years ago
Tesla slashes China prices in the face of fierce domestic competitionTesla slashes China prices in the face of fierce domestic competition

Tesla slashes China prices in the face of fierce domestic competition

Tesla has been forced to cut its prices in China as local competition from firms such as BYD and Xpeng…

2 years ago
Tesla has its own law of demand – profits soaring despite higher prices!Tesla has its own law of demand – profits soaring despite higher prices!

Tesla has its own law of demand – profits soaring despite higher prices!

Price goes up, quantity demanded goes down – it is the law of demand and economics 101. Not in the…

3 years ago
Filipino drivers to receive fuel subsidies as oil prices riseFilipino drivers to receive fuel subsidies as oil prices rise

Filipino drivers to receive fuel subsidies as oil prices rise

Filipino drivers to receive fuel subsidies as oil prices rise [...]

3 years ago
Uber prices in London set to increase after high court rulingUber prices in London set to increase after high court ruling

Uber prices in London set to increase after high court ruling

Following a high court ruling about Uber's relationship with their customers, the price of each ride may be about to…

3 years ago
Gas price surge leaving businesses bankrupt and consumers uncertainGas price surge leaving businesses bankrupt and consumers uncertain

Gas price surge leaving businesses bankrupt and consumers uncertain

The gas price surge across Europe has led to the collapse of two small UK gas providers. Avro Energy and Green,…

3 years ago

Saudi Aramco profits increase by almost 300%

Saudi Aramco, a state-owned energy company in Saudi Arabia and the world’s most valuable company, has seen year-on-year profits almost…

3 years ago

Groundbreaking new drug for Alzheimer’s is going to come at a cost!

A new drug to treat Alzheimer's has just been approved in the US but there is one big catch… it…

4 years ago

Ketchup can’t catchup with demand!

Imagine ordering a delicious cheeseburger and fries to your door, only to find out it didn’t come with ketchup. What…

4 years ago

An online shopping boom is fueling ships across the Pacific

In the last few months, American consumers have been going mad for online shopping, with the result being a buoyant…

4 years ago

Nut prices are hitting rock bottom as global demand remains low

What happens when you’ve got too many nuts, and not enough people to sell them too? Easy… you lower the…

4 years ago

Toilet paper manufacturer gets the go ahead to fill the shortage

One thing we will learn from this pandemic is that when people see a crisis coming, they buy A LOT…

5 years ago

British Supercar manufacturer McLaren to cut more than 25% of their workforce

As the world’s economies continue to reel from the damage caused by the spread of Covid-19, Supercar manufacturer McLaren is…

5 years ago

America’s housing market: increased demand but no response from supply

The housing market in the US has had a strong rebound since the financial crisis of 2008. After house prices…

5 years ago

Coronacrisis in the USA: negative growth and the worst decline since 2008

The stats are now out on the performance of the American economy for quarter one of 2020, and it’s not…

5 years ago

The more you sell the more it costs: Amazon have record sales but are paying the price for it

In this crazy new world we live in where everybody stays at home, one company which has benefitted hugely and…

5 years ago

A tale of two businesses: winners and losers of a global lockdown

Netflix and chill? Yes please, but not with a Coca-Cola.Recent announcements from these two corporate giants have given us an…

5 years ago

Oil prices go negative in the US – how and why?

Since the outbreak of the coronavirus in January this year, there have been numerous economic events which have been simply…

5 years ago

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

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

5 years ago

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

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

5 years ago

Petrol prices plummeting towards £1 per litre as the price war for oil continues and drivers stay off the roads

The cost of petrol in the UK is nearing £1 for the first time in four years. This is the…

5 years ago

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…

5 years ago

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…

5 years ago

Orange juice is the new king of commodities: prices set to soar!

As consumers around the world look for any way they can to fend off the deadly coronavirus, drinking copious amounts…

5 years ago

We’ve heard about the toilet paper, but what else are people panic buying?

Since the deadly outbreak of Covid-19, there have been cases all over the world of panic-stricken consumers rushing to supermarkets…

5 years ago

Korean Air forced to ground 80% of flights

Korean Air, the largest airline in South Korea, is currently fighting for survival after the outbreak of the coronavirus has…

5 years ago

Lobster for dinner? This luxury treat is now selling at bargain prices!

Lobster, a seafood delicacy which is usually only eaten on special occasions, has seen its price slashed by over 50%.…

5 years ago

Paper gold: could the price of toilet paper be about to skyrocket?

With growing concerns over the spread of the coronavirus in Australia, supermarkets and other retailers have been stockpiling supplies of…

5 years ago

Coronacrisis in Japan: hotel is forced to file for bankruptcy

A hotel in Japan which is popular amongst Chinese tourists has been forced to file for bankruptcy following a sharp…

5 years ago

Falling phosphate exports from the disputed territory of Western Sahara

Moroccan phosphate exports have fallen to an eight-year low from the disputed territory of Western Sahara with exports in 2019…

5 years ago

When supply outstrips demand: American wine at its lowest price in 20 years!

The price of wine is dropping fast in the US as a result of changing patterns in consumer behaviour. Where…

5 years ago

Oil prices make a 2% comeback after a 5-day slump

After 5-days of significant loss, oil prices made a comeback on Wednesday with prices increasing by just over 2%. Reports…

5 years ago

Supply of Malaysian Palm Oil fallen to two-year low

Palm oil, which accounts for over 5% of Malaysian exports, has seen a dramatic decrease in stock levels with the…

5 years ago

Korean exports continuing to plummet

The value of Korean exports in January has decreased for the 14th straight month, with the Asian nation posting an export…

5 years ago

Research shows excise tax to reduce alcohol consumption

A recent study in the US found that increasing the excise tax (tax paid on the purchase of a specific…

5 years ago