11 May 2020

fiscal crisis
President Donald Trump is living up to his self-given nickname King of Debt. On his watch, the United States spent the last years borrowing aggressively. During the good times, and now in the bad times. Instead of whittling down the federal deficit when the economy was strong, Trump directed the federal government to pile on even more debt. All this in order to pay for massive tax cuts a...

11 May 2020

international order
The coronavirus crisis already means radical changes in global politics and economics. For instance, consider the inevitable supremacy of China and the possible collapse of the US. The predictions about how the present crisis will affect the current international order are very volatile. If you want to understand what that means, we will explain it to you! In January and February, as ...

11 May 2020

unemployment
The new applications brought the total number of jobless claims since mid-March to 33.3 million - or about 20% of the US workforce. On the other side of the Atlantic Ocean, the EU bloc's executive arm predicts a recovery in 2021 but warns that the uncertainty is exceptionally high. The Commission predicts a decline in economic activity this year of 7.5% and slightly more than that for th...

11 May 2020

Asian 'giant hornets'
Two unusual hornets with orange and black markings and long stingers were spotted near Blaine, Washington, in late 2019. Subsequent investigation revealed they were Asian giant hornets, the world’s largest wasps. They grow nearly two inches in length. Nobody knows how the insects arrived in the United States. These social wasps form colonies, comprising one queen and many workers. Togeth...

06 Feb 2020

impacts of Coronavirus
It is not that common seeing diseases as something that might provoke a big change in the global economic scenario. Usually, people see sickness as something very particular. My finances will not be affected if your kid is with the flu, for instance. However, when a nation gets sick, you can expect many implications, even for the economy. Some think that the effect can be positive, like ...