Bolivia's falling currency reserves
Bolivia’s balance of payments has reached a critical situation this year putting the country’s economy under significant pressure. In February the Fitch Rating agency downgraded Bolivia’s foreign currency...
Unsustainable fishing in the South Atlantic
The scale of unregulated fishing in a disputed region close to the Falkland Islands (Malvinas in Argentina) in the South Atlantic has reached an unsustainable level that is threatening fish populations...
Japan raises its interest rate from -0.1%
The Japanese Central Bank - Bank of Japan has increased its baseinterest rate for the first time in 17 years in an attempt to tighten monetary policy (contractionary monetary policy). The rate has increased...
Surge pricing in theme parks
You may well have experienced a pricing method called surge or dynamic pricing if you are taking an Uber taxi. After a major concert, sporting event or just the city centre ‘rush-hour’ time in the evening...
The growth of online gambling and market failure
The online gambling industry was one of the fastest-growing markets in 2023 with an annual growth of 4.1% and is projected to achieve a worldwide revenue of US$107.30bn by the end of 2024. This growth...
South Korea's declining birth rate
South Korea has seen its birth rate fall by another 8 per cent as the country has experienced a continuous fall in its birth rate over the last 60 years. In 1960 each woman in South Korea averaged around...
'Shop like a billionaire'
The Chinese-based online retailer, Temu made a bold statement to American viewers during the Super Bowl on February 11 with the slogan "Shop like a billionaire.". Their advertising message was reinforced...
Government intervention in housing
Block on foreign buyers intended to make housing more affordable for Canadians. Justin Trudeau has extended a ban on foreign nationals purchasing homes anywhere in Canada, in a blow to expats. Only foreigners...
Is Somalia the most difficult place to do business in the world?
If you are a Somalian business or individual one of the challenges, you will face in your everyday life is corruption. According to Transparency International's Corruption Perceptions Index (CPI) for...
What does Javier Milei's election mean for Argentina's economy?
When Javier Milei was elected president of Argentina in December 2023 he put forward a set of policies that would take the country in a different economic direction. Argentina has significant economic...