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Category Archives: Economics & Trade

Palestine: Where To Go From A Regular Diplomacy?

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Political progress needs to happen faster in Palestine. At the moment, the greatest concern in the country is the Gaza crisis, and the only source of hope has been economic development. But how far can economic development really drive the peace process in Gaza, and a solution that is long-lasting and beneficial to both Israel […]

Venezuela, the Black Market & Price Inflation

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This year saw Venezuela being filled with protests, owing to violence, inflation, and a lack of basic amenities in the national landscape. The some approximate 6000 protests that happened for the last six months means that many student arrests, political demonstrations,  hunger strikes, followed, all in the name of doing something about the inflation and […]

The Cyprus Bailout: Factsheet

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It came as a surprise to many to see the sudden economic downturn in Cyprus. The economy of the country before 2008 had a picture of sustainable growth, low unemployment figures, and robust public finances. A mild recession followed in 2009 but what really depressed the economy to the present state were the country’s unstable banks and […]

Extreme Weather Insurance for Farmers

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Heavy rainfall in 2012 cost farmers in Britain £1.3bn due to a lack of government delegated national food security measures such as insurance against extreme weather. According to figures released by the National Farmers Union (NFU), extreme rainfall resulted in a loss of £600m from poor wheat and potato harvests, and a further £700m of costs inclusive of feed for cattle unable […]

Capitalism in Modern America

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Capitalism is an economic system where people can practice private ownership with the aid of production, distribution and exchange. Capitalists are known to have a greater freedom in operating or managing their property to profiteer from competitive conditions. Karl Marx popularised the term during the 19th century outlining that the arrangement tends to create wealthy individuals […]

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