Do Economic Costs Matter in Great Power Politics?
Hasini Muddapu Staff Writer Historically, great power wars have influenced and reshaped the global economy through energy markets, geopolitical
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Economy
China’s Economic Slowdown
Nihma Abdallah Staff Writer Is the world’s second-largest economy stumbling? According to The Guardian, China has just set its lowest
Read MoreDupes or Ditch? The Rise of Product Dupes
Many clothing enthusiasts regard the famous Hermes handbag, the Birkin bag, as the pinnacle of luxury fashion. The bag, which often sells for more than $30,000, is priced so high due to its quality, but more importantly, its demand, Sotheby’s, a luxury brand broker, writes. However, the famous accessory has a more affordable competition: the “Walmart Birkin Bag,” or “Wirkin,” as it is affectionately dubbed, according to Tribune.
Read MoreWill China Outgrow the U.S.? How the 2024 Election Could Shape the Global Economic Landscape
For years China’s economy has been a hot topic. Economists and policymakers have long debated whether China’s rapidly growing economy can surpass the United States. As we look toward the 2024 U.S. presidential election, the two economic strategies of the candidates could have profound effects on the U.S.-China economic rivalry.
Read MoreIndia Emerges as a World Superpower
From once being an exploited colony under British Colonial rule, India has transformed into a global powerhouse, now one of the world’s fastest-growing economies.
Read MoreThe Booming Concert Economy
While on the local level, it seems that the Eras Tour was economically beneficial, on a national level, it is unclear whether the tour, as well as other large-scale tours, cause more economic harm or good.
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Midterm Election Cycle Roundup
The 2022 election was also notable for a high voter turnout for young people, along with increased diversity in candidates for both the Republican and Democratic parties.
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Liz Truss: Daring and Determined
Liz Truss, the UK’s new Prime Minister, faces many economic problems and political divides. The conservative PM will have to confront Boris Johnson’s legacy, high inflation, a fraying National Health Service (NHS), and an energy crisis threatening households and businesses.
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Labor Activists Must Leverage their Bargaining Power
With the socio-economic conditions created by COVID-19 both exposing and worsening a myriad of systemic issues throughout the world, the last thing global labor rights activists expected was to gain more bargaining power. However, CBNC emphasizes that the pandemic has resulted in a massive labor shortage in almost every country, putting power back in the hands of the working class.
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Conservative Banker Wins Ecuadorian Election
Voters in Ecuador elected Guillermo Lasso, a conservative banker, to serve as president for the next four years. Lasso won the runoff election with just 52.5 percent of the votes, reports The Economist, after claiming a spot in the runoff with a lead of a half a percentage point.
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