Taylor Swift and The Eras Tour
Normally, I’d start articles like this with a brief overview of the topic or situation, in an effort to give the reader some background knowledge and ease them into the discussion. But Taylor Swift needs no introduction. Her ‘Eras Tour’ is forecast to be the highest grossing music tour ever. In fact, it’s already the second highest grossing tour of all time, and she hasn’t … Continue reading Taylor Swift and The Eras Tour
News Briefing – 13/11/2023
UK Economics Britain’s economy stagnated in the third quarter, compared to a growth of 0.2% in the three months to June. High interest rates slowed investment, which fell by 4.2%. The Bank of England expects no growth in 2024. Jeremy Hunt has switched his stance on corporation tax cuts, from “virtually impossible” in September to “most important”. The Office for National Statistics is planning to … Continue reading News Briefing – 13/11/2023
News Briefing – 10/11/2023
UK Economics Britain hosted the first global artificial-intelligence summit at Bletchley Park. Attendees included Kamala Harris, the American Vice-President, Wu Zhaohui, China’s vice-minister of science and technology, and Elon Musk. The conference aimed to set out international rules for the safe and responsible development of AI. The Bank of England held interest rates at 5.25%, a 15 year high, warning that policy would stay tight … Continue reading News Briefing – 10/11/2023
How has Climate Change Affected Ski Tourism?
Since the late 19th Century the earth has warmed around 1.1 degrees Celsius, carrying huge consequences for ski resorts globally. Whilst some ski resorts at higher altitudes have been virtually unaffected by the increasingly warm climate, others have suffered considerably, most notably due to the decreased amount of snow and increased amount of rain. As a result, several knock-on effects have occurred, including shorter ski … Continue reading How has Climate Change Affected Ski Tourism?
The Evolution of the Spanish Economy
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
Cryptocurrencies and CBDCs – The Future of Money
As the world rapidly adapts to huge technological advancements, the traditional way of handling money has completely transformed. The rise of cryptocurrencies and development of CBDCs (Central bank digital currencies) have sparked a financial revolution, shaping the future of financial systems worldwide. Cryptocurrencies are completely digital and can be used as an alternative form of payment. They are created using encryption algorithms that ensure their … Continue reading Cryptocurrencies and CBDCs – The Future of Money
Spacenomics
The Economics of Space Exploration In the several records throughout human history, hardly any endeavours have captured the imagination quite like the exploration of space. From Armstrong’s first tentative steps on the moon to the voyages of rovers on the remote landscapes; humanity’s fascination with the cosmos has been relentless. Beyond its scientific appeal and thrill of discovery, space exploration does carry intense economic implications. … Continue reading Spacenomics
Boom to Bust: The Lebanese Economic Collapse
Overview Between 1975 and 1990, one of the bloodiest civil wars in history took place in Lebanon which left more than 120,000 people dead. The war, fought between the Maronites (Christians), Sunni muslims and Shia muslims had no clear winner after fifteen years. This stalemate led to the current Lebanese government set-up where each religious group has parliamentary representation and parties are formed on religious … Continue reading Boom to Bust: The Lebanese Economic Collapse
Boom to Bust: The Implications of China’s Real-Estate Crisis
Overview China’s economic boom over the last three decades has been well documented; its gross domestic product (GDP) grew at an average rate of 9% annually between 1989 and 2022 and is forecasted to overtake the American economy by 2035 according to Goldman Sachs. But economists frequently overlook a major vulnerability of the Chinese economy: its fragile real-estate industry. For decades, China’s economy has been … Continue reading Boom to Bust: The Implications of China’s Real-Estate Crisis
Black Wednesday 1992: Lessons in Disaster
In the weeks following Wednesday 16 September 1992, the Pound crashed 25% against the US Dollar. Dubbed ‘Black Wednesday’ or the ‘Sterling Crisis’, the chaotic events of that day would have a lasting impact on Britain’s economy, politics and relationship with Europe. But despite this fact, the causes and effects of the 1992 Sterling Crisis are still not widely understood among the general public today. … Continue reading Black Wednesday 1992: Lessons in Disaster
