Category: International

International, Middle East and Africa

Blood Diamonds: The Brutality behind the Bling 

Blood diamonds have in total caused 3 million deaths. The average blood diamond worker receives 5p per day. Statistics such as these, highlight the true socio-economic problems such as inequality and poverty that blood diamonds cause. Blood diamonds became a big issue in the 1990’s, when civil wars broke out all over Central and Western Africa, encouraging some of the governments and rebels within these … Continue reading Blood Diamonds: The Brutality behind the Bling 

Unknown's avatarPeterHurst3 Comments
Europe, History, International

Stresemann and the Dawes Plan

The years following the Great War saw Germany in economic and political which peaked by 1923. The country was plunged into a period of hyperinflation and high unemployment, while the government struggled to maintain order and stability. However, through the policies of Chancellor Gustav Stresemann, the economy was rejuvenated, bringing about the ‘Golden Age’ of prosperity in Germany. Stresemann’s most influential policy, the Dawes Plan, … Continue reading Stresemann and the Dawes Plan

Unknown's avatarrikkerinktLeave a comment
Economics, International, UK, US

Trickle Down Economics

“An economic recovery, like a rising tide, will lift all boats. For many, maybe even most, it will lift by painful inches. Some boats, however, may be lifted faster and higher.”  So spoke President Ronald Reagan during his 1982 State of the Union address.  He promised growth for all, stimulated by tax cuts for the top earning bracket, allowing for money to “trickle” down socio-economic levels … Continue reading Trickle Down Economics

Unknown's avatarAlex Murray-BruceLeave a comment
Business and Technology, International

The Impact of AI in Our Society

In recent times, Artificial Intelligence has become more prominent in our everyday lives. With the emergence of AI chatbots such as ChatGPT, which are able to answer questions and assist with tasks such as writing essays, our everyday lives have become much easier and more efficient. While AI has the potential to bring about numerous positive changes in society, it can also bring about risks … Continue reading The Impact of AI in Our Society

Unknown's avatarOliver De KegelLeave a comment
China, International, US

Trade Wars: Explained

Often hailed as the most influential economist ever, Keynes regularly imparted wisdom that shook the foundations of modern economics. His off-hand remarks are now cemented in history, and he is frequently quoted by modern economists and journalists. One of the issues he was very passionate about was the necessity of free trade amongst countries, even going as far as calling protectionism (the opposite of free … Continue reading Trade Wars: Explained

Unknown's avatarTanish NavamaniLeave a comment
Finance and Markets, History, International

The Great Financial Crisis

Before COVID, the Great Financial Crisis (GFC) of 2008 was the most severe economic downturn since the Great Depression of the 1930s. Also known as the Global Financial Crisis, the GFC caused a nationwide recession, as well as causing global trade to decrease by 15% between 2008-2009. Nearly every country in the world was affected by the decline of economic growth, the loss of jobs, … Continue reading The Great Financial Crisis

Unknown's avatarOliver De KegelLeave a comment
Business and Technology, Chart of the Month, Environment, International

Chart of the Month – May 2023

This Chart of the Month revisits the EU Emissions Trading Scheme (ETS). An explanation as to how it works can be found in the July 2021 Chart. In that article, we asked whether the EU ETS could hold its value, and whether the increase in costs of pollution would prove too great a burden for firms and the poorest households. Now, we can try to answer … Continue reading Chart of the Month – May 2023

Unknown's avatarZihan TianLeave a comment
Business and Technology, International

Spotify: A Blessing Or A Curse For The Music Industry?

Over the past 10 years the way we listen to music has been revolutionised by streaming services. Platforms such as Apple Music, Deezer and Soundcloud provide a platform to access almost any song instantly, and a way for artists to distribute their creations without having to press CDs or vinyl. The “headline act” of these is undisputedly the Swedish giant Spotify, which drowns out the … Continue reading Spotify: A Blessing Or A Curse For The Music Industry?

Unknown's avatarsonnyfullertonLeave a comment
Business and Technology, Development, International

The World should be More Careful with Automation…

The question of automation replacing jobs has been especially debated in recent times. This was initially because of COVID-19, which substantially increased investment into developing new technology due to skyrocketing demand for digital goods. Then, with the breakthroughs in artificial intelligence (AI) research, such as the invention of ChatGPT, the public has begun to worry about higher skilled jobs being at risk too. This essay … Continue reading The World should be More Careful with Automation…

Unknown's avatarZihan Tian2 Comments