The World This Week: 20th March
Basic Economic Concepts
Oil Prices Bounce Back as Saudi Arabia Announces Major Output Cuts
Oil prices have shot upwards following Saudi Arabia’s announcement to cut oil production by a million barrels per day (bpd) in July. This move is part of a broader strategy by OPEC+, a group of […]
Basic Economic Concepts
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 is really expensive! Priced at $56,000 for a year of treatment, the producer Biogen are […]
Consumer and Business Behaviour
American productivity bounces back in the fourth quarter of 2019
After a dismal 0.2% decline in productivity in the third quarter of 2019, American workers bounced back through October to December, recording an increase in productivity of 1.4%. This comes from a recent report from […]