The World This Week: 6th March
Aggregate Demand and Supply
Inflation Takes a Breather: US Sees Lowest Annual Rate in Over Two Years
The inflation rate in the United States receded in May to its lowest annual rate in over two years, as per a report from the Labor Department. The consumer price index (CPI), a key measure […]
Consumer and Business Behaviour
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 shipping industry across the transpacific. In these coronavirus times, consumer demand for household goods has […]
Aggregate Demand and Supply
Corona Credit Crunch for many Chinese businesses
With millions of people in self-imposed quarantine across China and severe travel restrictions, small and medium sized businesses could be on the verge of collapse. Since the outbreak of the deadly coronavirus in January, businesses […]