The UK economy is beginning 2022 on a somewhat shaky footing. Signs of an economic slowdown were cropping up even before the Omicron variant threw fresh uncertainty into the mix and raised fears that “Britain’s nightmare economy of the 1970s,” characterized by a...
According to the Organisation for Economic Co-operation and Development, there has been a notable decline in public investment in European countries over the last decade. As a result, states are turning more frequently to the public-private partnerships (PPP) system, whose structure based on...
India has come a long way since its independence from colonial rule in 1947. It started as a mixed economy where elements of both capitalism and socialism coexisted uneasily. Jawaharlal Nehru, India’s first prime minister, was a self-declared Fabian socialist who admired the Soviet Union. His...
Projections, no matter how well-grounded in analytics, are a messy business. Three years ago, COVID-19 was unheard of and then-US President Donald Trump’s politics caused uncertainty in international relations, with democracy in retreat across the world. Despite the best-informed...
It’s been a turbulent year for the fintech industry. The pandemic had its effect on the sector, just as it did on many others, in strange and contradictory ways. Experts are predicting that COVID-19 will drive more people into the fintech market while simultaneously slowing down the...
Since the United Nations Convention Against Corruption was adopted in October 2003, International Anti-Corruption Day is observed annually on December 9. In the context of the ongoing pandemic, António Guterres, the UN secretary general, had a clear message: “Corruption is...
In February, Tesla announced it had purchased $1.5 billion in Bitcoin and would soon accept the cryptocurrency for car purchases. While bolstering Elon Musk’s crypto cred on Twitter, the move has a serious climate impact. Tesla prides itself on being the green car company,...
Silicon Valley billionaire Peter Thiel finds himself in a confusing moral quandary as he struggles to weigh the merits of his nerdish belief in cryptocurrency against his patriotic paranoia focused on China’s economic rivalry with the United States. Participating in “a virtual event held for...
The United Kingdom’s exit from the European single market on January 1 has sent trade in goods plummeting amid much confusion. By contrast, Brexit was carried out in an orderly manner in the financial sector, despite significant movement of trading...
On March 2, the Lebanese lira (or pound) eroded even further into becoming a failed currency, if there is such a thing. From an official exchange rate of 3,900 pounds per US dollar for importers and manufacturers of essential food items, the “cost of scarce dollars hit 10,000 Lebanese pounds on...
Slate’s Aaron Mak took the trouble to interview a group of people otherwise neglected by the media who happen to be the most directly concerned by the future of GameStop. As the pundits across the media landscape focused on the raging battle between a horde of Redditors and Melvin Capital,...
