Microfinance loans could spell disaster in the time of coronavirus
Jul 22, 2020 12:26 pm UTC| Fintech Economy
When the Nobel Peace Prize was awarded to Bangladeshi economist Muhammad Yunus in 2006 for his concept of microfinance, it brought what began as a local policy experiment in the 1970s to global attention. Microfinance...
COVID-19's economic impact could be stressing out our kids
Jul 22, 2020 12:24 pm UTC| Economy
Did you lose your job because of the pandemic? Even if your job is not currently affected, do you worry about your future income? If so, you are one of many who experience economic stress. COVID-19 is taking a heavy...
Jobs crisis: the case for a new social contract
Jul 22, 2020 12:16 pm UTC| Economy
Numerous British companies have been announcing redundancies on the back of the COVID-19 crisis, notably in retail, hospitality, aviation and manufacturing. With big names including Marks Spencer, Rolls-Royce, Airbus and...
S. Korea's seaport cargo down 7.8% in first half
Jul 22, 2020 02:21 am UTC| Economy
South Koreas seaports handled 744.21 million tons of cargo handle in the first half, down 7.8 percent from last year, as a global trade decline more than offset increased trade with Southeast Asian nations and...
Government lockdown costs may be exaggerated over COVID-19's direct economic impact
Jul 21, 2020 14:55 pm UTC| Economy
As a second COVID-19 lockdown looms in New South Wales, there is much discussion about the economic costs of doing so. But since the start of this pandemic there has been profound confusion in many quarters about the...
Progressive in theory, regressive in practice: that's how we tax income from savings
Jul 21, 2020 14:24 pm UTC| Investing Economy
Were told Australia has a progressive tax system the more you earn, the higher the rate. And thats certainly the case for earnings from wages. An Australian on A$35,000 sacrifices 21 cents out of each extra dollar they...
Jul 21, 2020 14:22 pm UTC| Economy
As companies labor to stay afloat amid the coronavirus pandemic, some businesses that feel hemmed in by local or statewide workplace safety mandates, have threatened to relocate to more accommodating locations. Before...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight