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In 2023, which marks the 10th anniversary of the Belt and Road Initiative, China is considering hosting the third Belt and Road Forum for International Cooperation. India takes over the rotating presidency of the Shanghai Cooperation Organization and the Group of 20. Indonesia holds the rotating c...
Energy: Any physical good that’s commercially used to generate power. Electricity in itself is a commodity, as is crude oil and natural gas. Cryptocurrency: While it’s up for debate, cryptocurrencies are often considered a commodity. However, these virtual assets have no physical counterpart. ...
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What’s happening in America is not unique. Inflation, immigration, and populism are reshaping Europe, Pakistan, Sri Lanka, Zimbabwe, Argentina, and Venezuela. Americans see those issues as domestic crises, but they reflect a global trend. Inflation is a symptom of deep str...
A crack-up boom is the crash of the credit and monetary system due to continual credit expansion and price increases that cannot be sustained long-term.
The World Bank is an international organization dedicated to providing financing, advice, and research to developing nations to aid economic advancement.
The inflation rate plays an important role in determining the health of an economy. Countries with extremely high inflation rates are said to havehyperinflationand when this occurs the economy is often near collapse. See:Hyperinflation in Turkey and Argentina Today ...
It might seem almost churlish to wonder what would happen if Spain were to leave the euro. The official European position is that the battle of the euro has been pretty much won, and anyone who argues otherwise will be accused of being a euro hater, an A