China is stepping up as a major player in the fight against climate change, especially with the United States taking a backseat. This shift is evident at the recent U. N. climate summit in Brazil, where China is playing a more active role than ever before. But why is China so invested in this global effort? One reason could be economic. China has poured a lot of mon...
The world is changing fast, and so is the job market. With AI taking over many tasks, people are starting to wonder if a college degree is still worth the huge cost. Some experts think that the traditional college path might not be the best choice anymore. A few years ago, getting a degree in computer science or engineering seemed like a sure bet. But now, even thos...
A significant financial challenge is looming for many developing nations. By 2025, these countries will face a massive debt repayment to China. This debt comes mostly from loans given out during the peak of China's Belt and Road Initiative, which started in 2013. The initiative aimed to connect Asia, Africa, and the Americas through infrastructure projects like ports...
The world's top economic minds gathered in Washington, D. C. for the annual IMF-World Bank Spring Meetings. The mood was tense, with a $4. 2 trillion funding shortfall looming for the sustainable development goals by 2025. The focus was on jobs and prosperity, but the real issue is the broken financial system that's holding back low-to-middle income countries. Debt ...
Anthony Scaramucci, the founder of SkyBridge Capital, believes the US can manage its debt crisis by allowing inflation to rise slightly. This strategy might not be great for savers and lower- to middle-income households, but Scaramucci thinks it's the way to go. He made these comments just before the November 5 election, taking a different stance from many other expe...
Think college is the only way to success? Think again. New numbers show that fewer students are signing up for traditional four-year degrees. Why? Costs are sky-high, and student loans are out of control. Plus, the government isn't making it easy. The mess with the Free Application for Federal Student Aid (FAFSA) is making it tough for students to get the financial h...