Luxury conglomerates have long reaped the benefits of loyal consumers and market power, but recently macroeconomic pressures and traditional tastes for luxury are continuing to evolve, challenging the market structure and making way for more competition.
Read MoreWhen will these tariffs end? A potential answer to this question is found by looking at recent reconciliation efforts and land-back movements. Indigenous nations are now the only group that can log old-growth, which represents the highest profit margin for any kind of forestry product.
Read MoreDeep in Africa, a nation discovers vast deposits of a rare metal crucial to the next technological revolution. Determined to nationalize this wealth to uplift its people, they face fierce threats from both domestic and foreign forces. Will this resource bring prosperity—or become a ruinous curse?
Read MoreAs the Bank of Japan raised interest rates for the first time since 2007 the appeal of borrowing in yen to invest in higher yielding assets diminished, prompting investors to unwind their carry trades. This led to a sharp sell off of global equities and other assets, causing the yen to appreciate and triggering volatility in markets world wide. This shift highlighted Japan’s influence in global financial markets and raised questions about how the Bank of Japan’s monetary policy changes will affect global asset markets and investor sentiment moving forward.
Read MoreThe paper “Reshaping the World Order: The 2008 Financial Crisis, Decline of the United States and China’s Ascent” argues that the collapse of the US housing market was a critical juncture that weakened American hegemony and led to the rise of China as a major global power.
Read MoreThis article explores dollarization in Latin America and studies the experiences of Panama, Ecuador, and El Salvador. By analyzing their dollarization process, it sheds light on both the advantages and drawbacks of this monetary policy shift. Additionally, it draws conclusions pertinent to countries such as Argentina, which is currently contemplating similar measures.
Read MoreOver the past few years, the idea of a wealth tax has has been gaining popularity in Canada. But why is it a good idea? And, perhaps more importantly, why is it not?
Read MoreWhy is the tech industry so prone to monopolies and what can we do about it?
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