Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek oikos (house) and nomos (custom or law).
In 2020 and 2021, the G20 group of the 20 largest economies spent at least US$14 trillion to escape the recession caused by the COVID-19 […]
Russia invaded Ukraine on 24 February 2022, marking a major escalation of the Russo-Ukrainian War, which began in 2014. Russian military vehicles had crossed the […]
Facebook’s dream of connecting the whole world is dead. For the first time ever, growth is stagnating and daily users are falling by about half […]
As the USSR came to an end three decades ago, the West was careful to temper its joy with magnanimity. „I have not jumped up […]
There will come a day when Covid-19 is no longer a pandemic, when cases are no longer out of control and hospitals aren’t at great […]
The Cumbre Vieja volcano in La Palma, one of Spain’s Canary Islands, erupted two month ago. The lava has destroyed 1.134 hectares and has already […]
The E-Car producer Tesla is the first junk-rated company in the trillion dollar club — a rarefied level previously reached only by Apple, Microsoft, Amazon […]
USA is in danger of a government default if the Congress won’t raise the debt ceiling till mid of October. The $1 trillion coin solution […]
Europe may just have seen its hottest day ever. The 48.8 degrees Celsius temperature was recorded by Sicily’s agriculture-meteorological information service, SIAS, at the Syracuse […]
The US consumer price index increased 0.9% last month, the the largest one-month gain since June 2008, after advancing 0.6% in May. Over the last […]
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