ECONOMY AND FINANCE

Protests against possible fiscal austerity in Argentina

On Wednesday, December 20th, Argentinian President Javier Milei unveiled comprehensive measures to revitalize Argentina’s struggling economy, MIlei puts emphasis on the reduction of government regulations and the privatization of state-run…

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US-Led Red Sea Maritime Security

“New US-led coalition for Red Sea maritime security.” Shipping companies are uncertain about the details of a new international naval coalition formed by the United States to counter Red Sea…

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Toshiba exits market after 74 years

Toshiba has concluded its 74-year run as a publicly listed company as a consortium, led by Japan Industrial Partners (JIP), successfully completes the buyout. The privatization marks the end of…

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An Apple as big as Paris

Apple Inc., the world’s most valuable publicly traded company, continues its impressive rally, reaching a market value close to that of Europe’s largest stock market, France. As of Wednesday’s, December…

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Nothing has changed for the public debt since the 1980s…

In the 1980s’, forgiving the public debt of developing nations was an important topic in every intergovernmental body. Nowadays, it’s even worse but nobody talks about it (very much). On…

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Europe: the “regulatory superpower” with no real power

For many, doing business with the No1 enemy of the West is too profitable to be sanctioned. Europe can do very little to enforce its collective will. Its sporadic victories…

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2023: A bad year for electric vehicles

In 2023, the automotive industry’s pursuit of an all-electric future faced challenges, diverging from optimistic projections. Initially, automakers prepared to invest $1.2 trillion by 2030, intending to transition electric vehicles…

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How Russia Outwits Sanctions for Economic Boom

“Russian economy rebounds despite challenges, leveraging oil, facing upcoming elections.” Russia’s economy is experiencing a resurgence, largely due to its ability to circumvent Western sanctions that aimed to cap oil…

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Saudi-Russia Oil Deal

“Saudi Arabia and Russia unite for global oil market stability.” Saudi Arabia and Russia, the two largest oil exporters globally, have united in their call for all OPEC+ members to…

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Spotify has trouble staying afloat

On Monday, December 4th, CEO of Spotify Daniel Ekpotify announced that his company is eliminating 17% of its global workforce, marking its third round of layoffs in 2023. According to…

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