Category: Economy
Globalisation may not have increased income inequality, after all
Working out who earns what is surprisingly tricky. Both the very rich, who sometimes try to keep their wealth from the taxman, and the very poor, who are sometimes mistrustful of clipboard-wielding […]
America’s rental-market mystery
And why it may deter the Federal Reserve from cutting interest rates FinMag
The world is in the midst of a city-building boom
Africa’s tallest building is rising under empty skies. Beneath the Iconic Tower in northern Egypt sits a city that officials expect to one day house 6.5m people. For now, though, it is […]
How investors get risk wrong
Hire a wealth manager, and one of their first tasks will be to work out your attitude to risk. If you are not sure exactly what this means, the questions are unlikely […]
An economist’s guide to the luxury-handbag market
You could spot a fake a mile off. The plasticky “Prado” wallets arranged on bedsheets on the pavements lining Canal Street in New York bore only a passing resemblance to the ones […]
Bitcoin’s price is surging. What happens next?
For a brief moment, everyone who owned bitcoin had made money from it. On March 5th the crypto token rose to an all-time high of just above $69,000—a level sure to delight […]
Can Israel afford to wage war?
In the next few weeks, Binyamin Netanyahu, Israel’s prime minister, hopes to gain final parliamentary approval for an emergency war budget. It includes more cash for settlers in the West Bank, as […]
The Economist’s finance and economics internship
The Economist is seeking promising journalists and would-be journalists to apply for the 2024 Marjorie Deane internship. The successful candidate will spend six months with us in London writing about finance and […]
Uranium prices are soaring. Investors should be careful
It is, by now, a familiar story. A metal previously only traded in a sleepy corner of commodity markets becomes vital for the energy transition. Constrained supply and geopolitical jockeying meet forecasts […]
Are passive funds to blame for market mania?
The year is 2034. America’s “magnificent seven” firms comprise almost the entirety of the country’s stockmarket. For Jensen Huang, the boss of Nvidia, another knockout quarterly profit means another dizzy proclamation of […]
Sumsub Integrates Travel Rule Solution with Binance, Supporting VASPs Globally
Sumsub, a global full-cycle verification and compliance provider, has completed the integration of its Travel Rule solution with Binance, the crypto exchange platform, through the Global Travel Rule (GTR) Alliance. Sumsub hopes […]
US granted extension by UK High Court to provide ‘satisfactory assurances’ for fair trial of WikiLeaks founder – JURIST
WikiLeaks founder Julian Assange “lives to fight another day” according to his brother Gabriel, as the UK High Court halted his potential transfer to the US on Tuesday due to inadequate assurances […]
UN migration agency reports 8,542 died or disappeared during migration in 2023 – JURIST
The UN’s International Organization for Migration (IOM) revealed in a report on Tuesday that 8,542 people died or disappeared during migration in 2023. This represents a 20 percent increase in migrant deaths […]
Moscow music hall terrorist attack suspects appear in court – JURIST
Suspects of the Crocus City Hall terrorist attack appeared before Moscow’s district court on Sunday. On Friday, camouflage-clad individuals opened fire on a crowded concert hall and shopping complex just outside of Moscow before […]
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