ECONOMY

Nov 25 2024FINANCE

China Stands Firm: No Changes in Loan Rate Despite Yuan Pressure

China's central bank, known as the People's Bank of China (PBOC), has decided to keep the medium-term loan rate frozen at 2. 0%. This comes at a time when the yuan, the country's currency, is feeling some heat. The PBOC handed out loans worth 900 billion yuan (that's about $124. 26 billion) to some

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Nov 24 2024HEALTH

Back to Work: Are Interventions Worth It?

Ever wondered if going back to work after a health issue is worth all the fuss? Let's zoom in on Norway, where sick leave is hitting an all-time high since 2009. Policy makers are scratching their heads, trying to figure out which interventions work best. Researchers used some clever strategies like

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Nov 22 2024BUSINESS

Why Oil Isn't Always a Blessing: Yemen's Story

You'd think having lots of oil would make a country rich, but that’s not always the case. Some countries with plenty of natural resources have slower economic growth. This is what people call the "resource curse. " Most studies look at rich countries, but what about a place like Yemen, which is new

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Nov 21 2024LIFESTYLE

Escape to Italy: Homes for $1, Aimed at Americans Tired of Politics

Are you fed up with the political climate in the U. S. ? A small village in Italy called Ollolai has an unusual offer for you. They're selling houses for as little as $1. The idea is to attract Americans and others who want a change of scenery and a more balanced life. This isn't just a giveaway; th

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Nov 20 2024TECHNOLOGY

Food and Tech: How Two Companies Are Boosting Malaysia's Digital Economy

In 2024, Malaysia's digital economy is expected to hit a whopping US$7. 88 billion! That's a lot of money. Two companies, Good Foodie Media and Involve Asia, are playing a big part in this growth. These companies are part of MDEC's FOX Programme, which helps high-growth businesses become tech supers

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Nov 20 2024ENVIRONMENT

Sports Industry Goes Green: Circular Economy and Policy Enablers

The world of sports products is known for its hefty environmental footprint. From generating lots of waste to using up resources and pumping out carbon emissions, the industry is in dire need of change. One solution that's gaining traction is the circular economy (CE). This approach aims to reduce w

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Nov 18 2024POLITICS

New Jersey Congresswoman Aims to Fix State Economy in Governor’s Race

Meet Mikie Sherrill, a U. S. Representative from New Jersey who just tossed her hat in the ring for governor. She's a former federal prosecutor and Navy helicopter pilot, known for flipping a Republican-held district blue in the 2018 midterms. Now, with Democratic Governor Phil Murphy’s term ending,

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Nov 18 2024EDUCATION

Why Dallas Kids Aren't Earning Enough to Live

Let's talk about an issue that's crucial for Dallas' future. A recent report from Commit, an education advocacy group, found that kids born in Dallas County have a high chance of not earning enough to cover basic needs. This isn't just about keeping up with parents' lifestyles; it's about making end

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Nov 17 2024BUSINESS

Why Texas Should Embrace Sports Betting

Texas is known for its strong economy, low taxes, and commitment to its residents. But when it comes to sports betting, the Lone Star State is falling behind. States like Florida and Louisiana are already making billions from legal sports betting. Texans are already betting on sports, but it's happe

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Nov 17 2024POLITICS

Elon Musk's Wall Street Shake-up Suggestion

Elon Musk, a supporter of Donald Trump, has an interesting idea for who should lead the U. S. economy. He suggested Howard Lutnick, who runs the investment bank Cantor Fitzgerald, should be the next Treasury secretary. Musk thinks Lutnick will challenge the usual business approach on Wall Street, wh

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