The World This Week: 20th March
Economic News
U.S. Tariffs on China Surge Past 100% as Trump Escalates Trade War – but why?
A new chapter in the U.S.-China trade war is unfolding—and it’s one that economists fear could bring widespread economic pain. President Trump has announced tariffs of at least 104% on Chinese goods, the most severe […]
Basic Economic Concepts
Fizzled Out: Australia’s Soft Drink Shortage Due to CO2 Crunch
Australian supermarkets are facing a notable shortage of soft drinks, leaving shelves surprisingly empty. The root of the issue? A significant shortage of carbon dioxide (CO2) on the east coast! This shortage stems from local […]
Economic News
Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States
As petrol prices continue to rise in the United States, not all consumers are feeling the impact equally. New research from the Federal Reserve of New York shows that lower-income households are cutting back sharply […]