Pakistan: how an economic crisis has sent prices rocketing
Jul 04, 2022 16:34 pm UTC| Economy
Pakistans current economic struggles exemplify the little fires everywhere set alight across the global economy by a war during a pandemic. Like others in countries dependent on imported commodities for example Ghana and...

Russia's oil is in long-term decline – and the war has only added to the problem
Jul 04, 2022 16:33 pm UTC| Economy
Immediately after Russias invasion of Ukraine, world oil prices jumped above US$100 per barrel, hitting US$130 for Brent crude on March 8. The prevailing fear was that substantial Russian supplies would be lost to the...

Corporation tax: why plans to set a global rate are too complicated and need a new approach
Jul 04, 2022 16:29 pm UTC| Economy
Back in 2021, the worlds richest countries announced plans to agree and enforce a minimum rate of corporation tax. The idea was to solve the problem of large companies generating huge revenues but paying very little tax...
Why the South African state should not subsidise minibus taxi owners
Jul 04, 2022 16:29 pm UTC| Economy
Millions of South Africans rely on minibus taxis to get around. Without these vehicles, people wouldnt be able to get to work, school or simply visit friends and family. Data from Statistics South Africas Quarterly Labour...

Panera Bread cancels partnership deal with Danny Meyer’s USHG investment group
Jul 04, 2022 10:15 am UTC| Business Economy
Panera Bread, the chain store of bakery-café fast casual restaurants headquartered in St. Louis, Missouri, has terminated its Special Purpose Acquisition Company (SPAC) deal with Danny Meyers USHG investment...

SpaceX greenlighted to provide Starlink internet service to airplanes, ships
Jul 04, 2022 08:05 am UTC| Business Economy
SpaceX has been granted permission to extend its satellite-based internet service to mobile vehicles, including ships, RVs, planes, cars, and other similar vehicles. The approval came from the US government. As per CNN...

Daily Harvest sued by customers for getting sick after consumption of its Crumbles product
Jul 04, 2022 07:55 am UTC| Business Economy
Daily Harvest, a company specializing in healthy meal kits, has been hit with lawsuits after some consumers claimed they got sick after consuming the brands French Lentil and Leek Crumbles. Daily Harvest already issued...