Introduction: Throughout the late 20th century and the early 21st century, we have experienced the rapid commercialization of sports. A striking example was the recent IPL auction, where Rishabh Pant was sold to the Lucknow Super Giants for 27 crore ($3,122,490.09). Baseball has seen a similar financial boom, which can be attributed to its rapid increase in net worth. The Major League Baseball (MLB), founded in … Continue reading The Economics of MLB
Since the founding of Brazil and its secession from Portugal in 1822 and especially after establishement of the republic in 1889, various groups have operated paramilitary organisations in Rio De Janeiro, known today as militias. To some, these groups are vigilante heroes, ordinary men who choose to stand against the terror of Brazil’s drug gangs and provide the security that Rio’s municipal government fails to … Continue reading Militias and the Brazilian Economy
Since Donald Trump’s return to the presidency in January 2025, “Trumponomics” has redefined U.S. economic policy through a lens of protectionism and economic nationalism. Central to this strategy are aggressive tariffs, including a universal 10% tariff on all imports, effective April 5, 2025, and targeted rates as high as 245% on Chinese goods. By May 2025, these measures have catalysed a seismic shift in global … Continue reading Trumponomics
Note: This article was written in March/April 2025, when the initial set of tariffs had been proposed. Trump’s Tariffs: Short-Term Protection or Long-Term Economic Risk? Introduction On November 5th, 2024, Donald Trump was re-elected as President of the United States, triggering wide-spread impacts for the global economy. Almost immediately, he resumed his previous trade war with China and launched new tariff-based confrontations on Canada and … Continue reading Trump’s Tariffs: Short Term Protection or Long Term Economic Risk?
How a dual system distorted the economy For decades, Cuban people lived with two different currencies in their pockets: the CUP (Cuban National Peso) and the CUC (Convertible Peso). However, it was not always this way. Following the collapse of the Soviet Union, the CUC was introduced in order to stabilise the economy—but at what cost? Whilst the implementation of the CUC helped stabilise the … Continue reading Cuba’s Currency Crisis
‘We need Greenland for national security purposes,’ declared President Donald Trump in a press conference on January 7th, a move shrouded in controversy that angered the EU, Denmark, and other rivals such as China and Russia. A closer look shows that his goal is much bigger than just spending almost $70 billion to buy a huge, mostly empty hunk of ice. Firstly, this was … Continue reading What is Trump’s Obsession with Greenland?
Spain’s economic history has been a tapestry of conquest, exploration, colonization, and change. Over the centuries, the Spanish economy has evolved to take many different forms, from the glory of the Spanish Empire to its weakened state today. In this article, we will take a journey through time and explore the key periods and trends that have shaped Spain’s economic environment. The Age of Discovery … Continue reading The Evolution of the Spanish Economy
It is January 19th 2017 and Joaquín “El Chapo” Guzmán has just been extradited to the United States to face charges related to his running of the most powerful drug cartel in Mexico, the Sinaloa Cartel. The United States’ Drug Enforcement Administration, also known as the DEA, claims that this is a monumental victory that will be the beginning of the end for drug smuggling into America. However, … Continue reading Crossing Borders and Crossing lines: The International Impact of the Mexican Drug Trade
‘My name is Walter Hartwell White. I live at 308 Negra Arroyo Lane Albuquerque New Mexico 87104. This is my confession.’ That’s perhaps the most iconic line from the award-winning show ‘Breaking Bad’. Breaking Bad was filmed from 2008 to 2013 in Albuquerque, New Mexico. Initially, director Vince Gilligan wanted to shoot in California, but after Sony bought the series, they requested a change of … Continue reading The Impact of Breaking Bad on Albuquerque
In 1976, Venezuela’s economy was booming amid an oil crisis, and Caracas (its capital) was one of only four destinations to which Concorde, the fastest and most expensive aircraft of its time, alighted. However, the Venezuela of 1976 is a world away from the Venezuela that is currently under the dictatorship of President Nicolas Maduro. In fact, from the 1950s to the early 1980s, Venezuela … Continue reading Venezuela: A Petrostate’s Fall from Grace and The Exodus of Its People
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