The United Arab Emirates faces tough economic challenges in 2021 and beyond. The coronavirus and the resulting crises have caused its most important industries to struggle, endangered retaining its expatriate residents, and obstructed global investments. Nevertheless, its economic pillars allow it to enjoy a position of strength while battling for regional economic influence and pursue […]
A new worldwide wave of COVID-19; natural disasters in China and Germany; a cyberattack targeting key South African ports. All those events have conspired to drive global supply chains towards breaking point. According to companies, economists, and shipping specialists, Reuters states they’re threatening the fragile flow of raw materials, parts, and consumer goods. The Delta […]
How much will global warming cost the world? Droughts, forest fires, drying of rivers are the effects of heat, which are increasingly observed on an increasingly threatening scale worldwide. However, abnormally high temperatures affect not only nature but also humanity and the economy. Let’s check the Chas News story about how many lives the heat […]
China is a relatively new investor and a specific investor. Along with the Russian and American models of building loyalist blocs in the international arena, China has developed its unique algorithm for economic expansion without being burdened by shared historical memory or the demands of democratic transformation. However, it is essential that potential partners do […]
The global economy could lose about $ 2.7 trillion annually due to biodiversity loss by 2030 due to the impact on fish food and wood from forests. This is stated in the calculations of the World Bank, according to Bloomberg. At the same time, the World Bank noted, the current economic forecasts are too optimistic, […]
The world’s fastest population growth is accelerating the need for a more diversified economic system in oil-dependent Iraq, according to a top government minister, Arab News reports. Iraqi Prime Minister Financial Affairs Adviser Mazhar Mohammed Saleh called for a new “social market” to reduce oil dependence and boost investment in key sectors such as manufacturing, […]
Despite concerted efforts to move away from oil and gas resources as the mainstay of their economies, Oman and its peers in the Gulf Cooperation Council (GCC) will continue to remain dependent on hydrocarbons over the foreseeable future, according to a key report by Moody’s Investor Service. Moody’s warned in its report that Gulf states’ […]
While the economy is slowly recovering, the world is plagued by scarcity and price surges that have affected everything from the supply of Taiwanese chips to the cost of a French breakfast. Supply issues deserve particular attention, such as scarce metals and limited land resources, which threaten to slow the explosive development of clean energy […]
Let’s continue our investigation of what ecosystem services are that we started in previous articles. I thank UNCG NGO for the excellent explanation of the topic. Forest biodiversity is somehow strangely linked to human well-being, money, and climate change. At first glance this connection really strange. Why so? These are certain benefits that humanity receives […]
Will the planet be saved by the “anti-growth” of the world economy? We’ve started this discussion from the arguments of “pro-growth” authors. But we’ve got opposite thoughts: there are plenty of opinions justifying the concept of degrowth. Let’s check the Degrowth.info editorial team article. Degrowth advocates for a general slowdown and large emissions reductions, minus […]