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Economy Ideas

Mother Russia v. Big Macs And iPhones? Why Sanctions Are Bound To Fail

Western freedoms in Russia are only partially appealing, since historically, Russians never had them. Instead, the Russian people are patient, stoic and often irrationally devoted to their cruel motherland.

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Economy Geopolitics Ideas Russia-Ukraine War

Vladimir Putin’s Two Economic Bets

By deciding to invade Ukraine, the President of Russia did so believing that money would protect his country. By trying to prove him wrong, the West is facing its own potential crash.

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In The News

The “Potato Crisis” At The Heart Of Algeria’s Imploding Economy

Prices have tripled on the staple product, as farmers and the government blame each other while ordinary Algerians struggle to put food on the table. It’s yet another crisis between economics and politics in the troubled North African nation.

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In The News

Pity The Poor Millionaires Of Inter Milan

The COVID-19 economic crisis has pushed the top Italian club to ask for tax payments to be deferred. It needs to pay coach Antonio Conte’s salary of 1 million euros … per month!

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In The News

Preppers Of The World, Mask Up! Survivalism And COVID-19

With the pandemic, survivalists around the world have new reasons to prepare for the day it all comes crashing down.

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In The News

Why The Pandemic Hits Iran’s Working Women Harder

Joblessness is soaring in the western Asian nation, particularly among women, who are far more likely than men to be cut loose by employers.

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In The News

Exposed And Expendable: Tough Times For Egypt’s Delivery Drivers

CAIRO — Like many other laborers, delivery workers are not able to practice social distancing during the novel coronavirus pandemic. At the same time, the service they provide helps protect customers — largely middle and upper-class citizens — by keeping those people out of busy shops where they might come in contact wth the illness. […]

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In The News

Draghi To Lagarde: The Meaning Of A Momentous ECB Handover

Europe’s Central Bank chief acted in past years to absorb EU bank debts and keep money flowing amid a major recession. Stable growth now depends on responsible policies by EU member states.

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In The News

Women Need Not Apply: Why Italian Crisis Hits Female Unemployment First

Located in one of southern Italy’s poorest regions, once thriving  Crotone has the worst youth unemployment rate for women in the entire country: 90%.

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Geopolitics

Venezuela: Nation In Crisis, Land Of Unfulfilled Potential

Venezuela, a land that made 19th-century travelers marvel at its natural treasures, has become one of the last places any tourist would visit these days.

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Ideas

Shortages Force Venezuelans To Buy Deodorant By The “Shot”

CARACAS — It might be funny if it weren’t true — which Venezuelan reporter Nitu Pérez Osuna didn’t think it was before witnessing it with her own eyes: people lining up along a Caracas street to get a “shot” or “lick” of deodorant. “I’d seen something similar two years ago on Twitter and thought it […]

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Society

The French Boomerang: When Adult Kids Move Back Home (With Lover In Tow)

The twin problems of the economic crisis and university studies taking longer than expected have conspired to force many young adults to return home to their parents. Problem is, sometimes they bring their partners too.

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Economy

The Worst Place In China To Do Business

In the provinces of Northeast China, the planned economy of the Mao Zedong era are still firmly in place.

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Geopolitics

The Myth Of The Greek Recovery

While European politicians have been hailing an economic uptick in the troubled Greek economy, Greeks themselves have yet to see any real signs of rebound. What explains the divide?

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Economy

The Economic Lessons Of Portuguese Sardines

In Portugal, crisis or no, value is measured one can at a time.

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Geopolitics Society

A Modern Greek Tragedy: My Fellow Jobless Youth

More than 61% of Greeks aged 25 or younger are unemployed amid the country’s economic crisis. They are educated and demoralized, writes one young woman lucky enough to have work.

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