The drop in their earnings is a negative sign for Korea, whose economy is already saddled with a slew of challenges, including stubbornly high inflation and sluggish domestic…
With a sense of helplessness and hopelessness slowly descending on the country, those who are privileged are increasingly talking about moving abroad.
Real income is decreasing for the majority but it is increasing for top earners, leading to a centralisation of wealth.
Growth prospects next year are subject to the significant downside risks of weaker global demand and tighter global financing conditions.
These pockets of prosperity within countries call for a new lens through which to view the world, instead of the old categories of ‘developed’ and ‘developing’ nations.
The euphoria in financial markets, triggered by many Covid-19 restrictions being rolled back, appears to have given way to realisation that a full reopening will only be gradual.
Prepare for the day when the dark clouds give way to clearer skies and the bulls return to stage a strong rally when the Fed pivots to a more dovish stance.
The gendered division of care and domestic responsibilities has cost implications for individuals, society, and the economy.
Women have become the backbone of the national economy, especially during the pandemic.
Considered to be the holy grail of energy, nuclear fusion has the magic wand that will most certainly solve our lingering energy problem.