News Briefing – 13/01/2025
UK economics: UK politics: World Economics: World Politics: Continue reading News Briefing – 13/01/2025
AI and The Future of Finance
The Beginning – Discovering a Foreign Field: Samik Chandarana, now Chief Data and Analytics Officer at JP Morgan, never planned to enter the world of finance. His journey in fact began far away from the trading floors of London, in the vibrant music scene at Manchester University. Deeply involved in the techno genre, by the late 1990s, Samik and his friends even released an album, Loop 82 – The New Style Swing, which can still be found on Spotify today. Although music was his … Continue reading AI and The Future of Finance
How Natural Disasters Can Disrupt Economies: Helene and Milton
Natural disasters bring about economic shocks that extend beyond immediate physical damage. Hurricanes Helene and Milton, which recently hit Florida, disrupted vital industries like energy and trade. These events have had ripple effects that impacted employment, consumer spending, and supply chains within the U.S. Given Florida’s significant economic role, these natural disasters reached beyond the national level, sending shockwaves through global financial markets. Insurance Market … Continue reading How Natural Disasters Can Disrupt Economies: Helene and Milton
Immigration in Ireland
Shelter and Society: Ireland’s response to the migrant surge Ireland’s immigration situation has significantly changed in the recent years, and the country is now confronting an increasingly urgent challenge: the nation’s housing, public services, and social cohesiveness are being seriously threatened by the sudden spike in migration, intensified by international crises like the war in Ukraine and the sudden increase in the number of refugees … Continue reading Immigration in Ireland
The Nutmeg Crisis
Very few incidents in the history of worldwide trade are so curious (and sadly more bizarre) as the 17th century Nutmeg Crisis. When spices have been more than culinary accents, nutmeg was among the most precious goods on the planet. Superstition, speculation and plain financial greed drove European powers to grab this tiny seed as the key to unprecedented wealth. In some way it did … Continue reading The Nutmeg Crisis
Disinflation and interest rates: Battling with the Zero Lower Bound
Introduction The “Lost Decades” of Japan has been cited by economists and policymakers as an allegory to warn against heedless reduction in interest rates in the face of a worsening economic climate. During this period of economic stagflation triggered by its 1990 stock market crash and thus suffering from immense debt, the country was in desperate need to recover the economy from rapid deflation. As … Continue reading Disinflation and interest rates: Battling with the Zero Lower Bound
News Briefing – 02/12/2024
UK Economics World Economics UK Politics World Politics Written by Edgar Brown, Shreyas Veturi and Keshav Hajarnavis Continue reading News Briefing – 02/12/2024
The age of depopulation – what will it do to our economy?
For centuries, discussions surrounding overpopulation and its potentially devastating effects on our environment, resources, and economy have dominated the field. However, a new phenomenon is beginning to attract people’s attention: depopulation. As birth rates plummet around the globe—in both high-income countries and low-income countries—our world may at some point see the first reduction in global population since the bubonic plague in the 1300s. A global … Continue reading The age of depopulation – what will it do to our economy?
The Rise in China’s EV Production
The Transition away from fossil fuels is one of the key economic driving forces of this decade. A key way for countries to wean themselves off hydrocarbons is through the replacement of internal combustion engines with electric battery powered engines. Electric Vehicles (including plug in hybrids) have seen a surge in production over the last few years. China is at the forefront of this global … Continue reading The Rise in China’s EV Production
Universal Basic Income: A Safety Net or a Growth Catalyst?
Introduction: Universal Basic Income (UBI) is a policy proposal that provides all citizens with a regular, unconditional cash payment, replacing or supplementing welfare programs and simplifying aid distribution. The idea has emerged as a captivating yet controversial policy, gaining the interest of all sides of the political spectrum. Its appeal is that it could play two complementary roles: an income floor for all, regardless of … Continue reading Universal Basic Income: A Safety Net or a Growth Catalyst?
