Category: Economics
-
Asian Tigers: The Rise of Offshore Investments in the East
Asia, with its dynamic economies, technological innovations, and expanding middle class, has captured the world’s attention over the past few decades. Particularly, the four Asian Tigers – South Korea, Singapore, Taiwan, and Hong Kong – have witnessed unparalleled economic growth, establishing themselves as major players in the global economic landscape. This progress has led to…
-
Ambev’s Decline and Costco’s Gold Rush: Harbingers of Economic Concern?
In a world defined by its rapid pace of change, economic signal come in many forms. For businesses and economists alike, these signals provide a harbingers hint, a glimpse into potential forthcoming events in the economy. Two such recent signals have sparked debates: Ambev’s reported 15.2% decline in second-quarter net profit and Costco’s sell-out of…
-
U.S. National Debt Reaches $33 Trillion
Understanding the Implications of a Maxed Out Debt Clock The U.S. National Debt has reached an alarming milestone: $33 trillion. This astronomical figure, unparalleled in U.S. history, comes at a time when concerns about the nation’s fiscal health are more pronounced than ever. Alongside this, the U.S. Debt Clock, a symbolic representation of the country’s…
-
Time to End the Fed and Its Mismanagement of Our Economy
Every major economic downturn of the last 110 years bears the mark of the Federal Reserve. In fact, as long as the Fed has been around, it has swung the economy between inflation and recession. Yet Americans, surprisingly, have tolerated it. But we shouldn’t expect that to go on forever. We had three central banks before the Fed, and confined…
-
The Success of FATCA: A Case Study in International Financial Regulation
In an era of burgeoning globalization and digital finance, the Foreign Account Tax Compliance Act (FATCA) stands as a remarkable achievement in the fight against tax evasion and the promotion of financial transparency. Implemented in 2010 by the U.S. government, FATCA aims to detect and deter U.S. taxpayers who use foreign accounts to circumvent U.S.…
-
Global Stock Markets Poised for Boost from China Property Revival Plans
China’s efforts to kick-start a property sector revival are poised to have a substantial, positive impact on international stock markets and delight global investors, says the founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. The upbeat assessment from deVere Group’s Nigel Green comes as The People’s Bank of China…
-
The Cross-Border Relationship Between Alaska and British Columbia
Alaska and British Columbia Cooperation in Infrastructure Development The cross-border relationship between Alaska and British Columbia (BC) has been a vital and evolving dynamic over the years. Sharing a vast border, these two regions have developed a symbiotic relationship characterized by cooperation in various sectors, particularly in transportation and infrastructure development. This article delves into…
-
The Success of the Abrahamic Accords: A Milestone in Middle East Peace
The Abrahamic Accords, hailed as a historic breakthrough in Middle Eastern diplomacy, have achieved unprecedented success in normalizing relations between Israel and several Arab nations. The Accords, brokered in part by the United States in 2020, paved the way for a new chapter of cooperation in the region. Countries Involved: Israel: The primary nation at…
-
New Survey Reveals Top 3 Money Fears of Under 30s
A new survey conducted by deVere Group one of the world’s largest independent financial advisory, asset management and fintech organisations, has unveiled the top three money fears of people under the age of 30. The survey, which delves into the financial anxieties of this demographic, offers valuable insights into the challenges they face in managing…