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The EconIR WEB Team
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EconIR WEB’s most recent posts:
Australia to get nuclear-powered submarines Last week, the U.S. and Britain made a joint announcement that they would help Australia deploy nuclear-powered submarines. If this happens, Australia would be able to conduct routine patrols in the South China Sea, which would challenge China. Nonetheless, Australia “committed never to arm the submarines with nuclear weapons,” according […]
Note: this article is part of our collaboration with Filmynomics. To find out more about the consequences of the 2008 Financial Crisis and how it affected people worldwide, please read their article here: https://www.instagram.com/p/CToYddwgX_t/ Introduction The Financial Crisis of 2007 and 2008 led to the Great Recession (2007-2009), the worst economic downturn since the Great […]
Uncertainty in Nicaragua The current President of Nicaragua, Daniel Ortega, is taking steps to ensure that he will win the elections in November again. The New York Times writes that there is no “credible challenger” and that Ortega is “turning Nicaragua into a police state.” Seven candidates have been jailed or put under house arrest […]
The pandemic has had extreme impacts on economies and has reached almost every country in the world (with many in recession). Lockdowns and restrictions, high levels of unemployment, low productivity due to health risks, weak demand (drop in household spending), etc. have all had lasting impacts. However, the pandemic has impacted different countries, communities, groups, […]
Experts have suggested that the next few decades will herald the fourth industrial revolution. The fourth industrial revolution will be powered by digitalization, information and communications technology, machine learning, robotics, and artificial intelligence. More decision-making will occur from machines rather than humans. The ensuing societal changes will have a profound impact on both personal selling […]