In what could have been a relatively quiet post-inauguration week, a breathtaking story of David vs. Goliath played out on the world stage, turning financial markets upside down and wreaking havoc on Wall Street. But let’s start from the beginning. Ear…
While social spending as a share of GDP has generally declined in OECD countries over the past ten years, France remains the country which is most generous in terms of its social benefits. In 2019, the equivalent of almost a third of French GDP was spe…
The story is barely believable but Main Street has, temporarily at least, managed to turn the tables on Wall Street. Hedge funds have had to cut their losses after a group of amateur traders came together to push up shares in GameStop. The action taken…
The new Biden administration has promised to explore progressive policies directed at undocumented immigrants in the U.S. Perhaps one of the president’s boldest plans is to implement a path to citizenship for the roughly 11 million undocumented immigra…
With tens of millions of people losing their jobs or seeing their working hours reduced due to the COVID-19 pandemic, the ongoing crisis has disrupted labor markets around the world at an unprecedented scale.According to the latest edition of the ILO M…
The biggest opinion poll about climate change ever published has found that two-thirds of people across the world consider the issue “a global emergency”. Carried out by the UN Development Programme together with Oxford University, the research polled …
Once a large dam has reached the age of 50 years, whoever is in charge of its maintenance should be especially alert to the upkeep challenges and dangers an old dam can create. According to a new report by the U.N. Institute for Water, Environment and …
The illustrious career of NFL quarterback Tom Brady has been directly tied to the success of the New England Patriots longstanding dynasty since they drafted him in 2000. This past offseason, the former Michigan quarterback brought his talents to Tampa…
U.S. President Trump promised his voters in the election campaign before he took office that he would “drain the swamp” of outside influence in Washington. The Statista chart suggests that he did not succeed: both the number of registered lobbyists and…
Corporate debt has been rising significantly in some countries due to the coronavirus pandemic, according to figures by the Bank for International Settlements. The data is currently only available through 2020’s second quarter but already shows the neg…
