Prime Minister Liz Truss’ controversial economic policies have thrust the country into a period of financial instability as the value of the pound drops.
Author: Phillips Academy
OPEC Cuts Oil Production: A Threat to War, Economy, and International Relations
The Saudi-led OPEC+ oil production cut poses great threats to relations between Saudi Arabia and the U.S., oil prices, the Ukrainian war, and midterm elections.
The Cost of Climate Change Exposed in Asia Monsoon Flooding
A climate-change-induced extreme monsoon season ravaged Pakistan and neighboring 98 million acres of farmland, exacerbating global concern for rising hunger and diminishing food reserves.
The Venezuelan Oil Market: The Fall of a Petrostate
Venezuela’s oil market started out strong, yet gradually fell from power as a result of corruption and dictatorship; however, due to recent events, it has a chance to climb out of the hole that it dug itself into.
Biden Administration Signs CHIPS and Science Act to Increase Domestic Semiconductor Manufacturing In Response to Recent Shortages
CHIPS Act Aims to Increase Domestic Semiconductor Manufacturing
One-Line Summary: The CHIPS and Science Act dedicates over $52 billion to increase domestic semiconductor manufacturing in response to recent shortages and tensions with China.
After Nearly 45 Years of Post-Mao Economic Growth, Chinese Economy Destined to Stagnate
As China revels in years of significant economic growth, issues around domestic innovation and foreign relations suggest stagnation.
Recession in the United States of America: An Economist’s Nightmare
Economic experts around the world are having trouble determining the unique macroeconomic position of the United States of America in what can only be defined as an anomaly
Potential Fall of Mandatory Hijab: Iranian Protests Persist Amid Crackdown
Following the death of Mahsa Amini while in custody of the morality police, youth-led protests have erupted in Iran, distinguished in scale and unity.
The Economy is on the Menu for this Year’s Midterm Elections
Amid an unprecedented set of political conditions, the economy makes its way to the forefront of a pack of weaponized issues in the U.S midterms.
Populism On The Rise In Europe Again
Following right-wing political victories in France, Italy, and Sweden, the conditions are perfect for a populist resurgence in Europe.
Mobilized Chaos: Responses to Putin’s Partial Mobilization
Hundreds of thousands of Russians fled after Putin announced mobilization in an attempt to salvage the faltering war against Ukraine.
Tension in Taiwan Strait Rises, Leaving Immigrants Caught in the Middle
Tension increased between China and Taiwan after Nancy Pelosi visited the island, which has created both economic instability and caused concern for Taiwan residents, in particular, recent immigrants.
Is Ukraine turning the tide of the War?
Ukraine was on the back foot for most of the conflict; however, with the new offensive in August, the tides seem to be turning.
Increasing Risk of Nuclear War: The Prospect of Armageddon
The risk of nuclear war has been apparent for 60 years, yet President Biden has stated that a “prospect of Armageddon” is present in light of Vladimir Putin’s most recent threats of nuclear attack and has declared strategies for prevention.
Harvard University Pledges $100 Million to Investigate Its Own Connections to Slavery
Harvard University seeks to administer reparations for its past enslavement of over 70 individuals and promotion of eugenics.
Invest According to Your Priorities: ESG Investing
What is ESG investing and why is it important?
Implications of the U.S.-Taiwan Conflict on the Global Stage
The Russia-Ukraine conflict poses a direct threat to the sovereignty of Taiwan, as danger from China lurks near.
President Biden’s Student Loan Forgiveness Plan Needs to Aim Higher
The only way to mitigate the devastating impact of student loans is for President Biden to cancel student loan debt.
The Seesaw Effect: U.S. Economic Growth and Worldwide Economic Recession
While recent geopolitical events and COVID-19 have negatively impacted many economies, the U.S. dollar is on a steady rise.
Rising Tide of Unionization Across America: What, Why, and for How Long
Since its peak in 1970, unionization in America has declined steadily. That is, until the pandemic.
John Lee: The Final Blow to Hong Kong’s Fragile Democracy
John Lee, a Beijing hardliner who cracked down on political dissidents during the 2019-2020 protests, was elected to become the next Chief Executive of Hong Kong in what many regard as a sham election.
Supreme Court’s Roe v. Wade Decision Throws Future of Abortion Into Question
The right to abortion, currently upheld by the Roe v. Wade decision, seems poised to be overturned, as evidenced by the recently leaked Supreme Court draft opinion.
Racially Motivated Shooting Streamed Online Leaves Ten Dead in Buffalo Supermarket
While streaming online using Twitch, a gunman in Buffalo, New York, shot ten dead in one of the largest racial massacres in recent history.
Finland and Sweden Set to Join NATO in Response to Russia’s War Against Ukraine
Finland and Sweden agree to submit a joint NATO application in hopes of strengthening security against Russia’s attack on a non-NATO country.
Biden Taps Oil Reserves, Tries to Lower Fuel Prices Post Russian Sanctions
As US Russia-Ukraine war sanctions continue to increase fuel prices for American citizens, Biden taps strategic oil reserves to relieve Americans of their financial stress.