The European Union and Canada are not happy with a recent move by the United States. The U. S. has decided to double the tariffs on steel imports from 25% to 50%. This decision is causing a lot of uncertainty in the global economy. It also means higher costs for both consumers and businesses on both sides of the Atlantic. The U. S. made this announcement at a rally ...
The word "hemp" covers a group of plants from the Cannabis family. This includes hemp itself, Indian hemp, and wild hemp. These plants are unique because they produce the most phytocannabinoids, which are natural compounds found in plants. Hemp has many uses and a lot of potential for Poland's medicine, economy, and agriculture. However, there's a big problem: not e...
The spotlight is fading on a unique government experiment. Elon Musk, the billionaire entrepreneur, is wrapping up his role as a special advisor. He was tasked with cutting wasteful spending in the federal government. His team, known as the Department of Government Efficiency, or DOGE, has been working hard to find and eliminate unnecessary expenses. Musk's team cla...
New York has always been a trailblazer in finance. From the bustling trading floors of Wall Street to the cutting-edge fintech startups, the state has consistently pushed the boundaries of financial innovation. However, when it comes to cryptocurrency, New York has been slow to adapt. This hesitation could cost the state dearly, as other states are quickly positionin...
Digital technology is booming in China. However, the eco-tourism sector is lagging behind. So, how can the digital boom help eco-tourism catch up? This question is important for balancing growth between these two areas. A recent study dug into this question. It looked at how the digital economy and eco-tourism have grown together over time and across different regio...
The Netherlands is known for its efforts in promoting a circular economy. This means the country is working hard to use resources wisely. They are doing this by making laws, offering incentives, and encouraging teamwork between the government and private companies. The goal is to use fewer raw materials. This is done by using things for a longer time and sharing or r...
In the spring of 2020, the United States faced an unprecedented health crisis that sent shockwaves through the economy and put millions of lives at risk. Lawmakers from both major political parties joined forces to pass a massive and costly emergency response. This effort helped prevent long-term damage to the economy. However, this financial aid came at a price. Tod...
In recent times, two different presidents have pointed fingers at businesses for raising prices. Both Presidents Trump and Biden have accused companies of exploiting situations to boost their profits. This has left many economists scratching their heads. They wonder if these presidents are just trying to shift blame away from their own policies. Both have been ac...
In Malaysia, small and medium-sized enterprises (SMEs) are grappling with the shift to Industry 4. 0. This digital revolution, powered by the Internet of Things (IoT), artificial intelligence (AI), and big data, is transforming the global economy. However, many SMEs are finding it tough to keep up. Despite government initiatives like Industry4WRD, these businesses ar...
China's digital economy is booming, but there's a hidden cost. The rapid growth of digital sectors is driving up demand for coal-based electricity. This, in turn, is pumping out a lot of CO2, contributing to climate change. The tricky part is that the exact sources of these emissions within the supply chain are not clear. This makes it hard to target and manage carbo...