Spotlighting Student Journalism Globally
China has announced a $47.5 billion investment to boost its domestic chip industry in a new state-backed initiative aimed at propelling the development and production of advanced semiconductor technologies within China. The ambitious cash injection falls...
The European Central Bank has lowered interest rates following prior high peaks in an attempt to combat high inflation. Of the 20 countries which all use the euro, inflation has reached over the ECB’s two per...
FTX, a once-thriving cryptocurrency exchange owned by Sam Bankman-Fried, has stated that it expects to repay its customers and creditors in full. The announcement comes after the company’s bankruptcy hearing in late January which outlined that...
Last Tuesday, Zimbabwe introduced a new currency in the form of banknotes and coins — the ‘Zim Gold’ or ZiG — replacing the “worthless” RTGS dollar. Backed by $575 million worth of hard assets, the Zig...
In the rapidly evolving landscape of cross-border e-commerce, Shein has emerged as a dominant force, reshaping consumer behavior and challenging traditional retail models worldwide. This essay delves into Shein’s unprecedented growth, its innovative business strategies, global...
On Thursday, a Manhattan court sentenced the former ‘Crypto King’ Sam Bankman-Fried to 25 years in prison and ordered him to forfeit $11 billion in assets for his role in the massive crypto fraud at FTX,...
The onset of the 2007-2008 Subprime Crisis, which reverberated globally, can be traced back to the United States, where a combination of factors set the stage for a financial upheaval of unprecedented proportions. At its core...
In the past two decades, the retail landscape has undergone a seismic shift, largely due to the meteoric rise of e-commerce. This phenomenon has redefined the traditional shopping experience, influencing consumer behavior, altering business models, and...
In 1993, an economics professor at Cornell University published a study with a damning conclusion: economics is making us selfish. After giving his students assignments to determine their levels of generosity before and after teaching rational choice theory,...
Carrefour, a major supermarket chain located in Europe, will stop selling PepsiCo products in stores in Spain, Italy, Belgium, and France over major price increases for popular items, such as Quaker Oats, Lipton tea, Lay’s potato...
