Economy Tag

We all have heard and experienced that the arch-rivals try to outwit each other. Both parties try to establish their supremacy over others by putting forward tough challenges. But have we ever wondered what the weakening of one’s strength leads to the dismantling of other’s strategies and they both get worse off simultaneously? It seems to be a strange proposal but it is a harsh...

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Overseas business encompasses all commercial activities that take place to promote the transfer of goods, services, resources, people, ideas, and technologies across national boundaries. Overseas business occurs in many different formats, that includes the movement of goods from country to another (exporting, importing, trade). It also includes contractual agreements that allow foreign firms to use products, services, and processes from other nations (licensing, franchising). The...

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broken windows

The broken window theory was proposed by George Kelling and James Q. Wilson in 1982. They used broken windows as a metaphor for disorder in neighbourhoods. The theory states that there is a link between disorder in a community to occurrences of serious crime. The theory had a great impact on the police throughout the 1990s and the 21st century. The most notable application of...

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Emerging markets, also known as emerging economies or developing countries, are nations that are investing in more productive capacity. They are moving away from their traditional economies that have relied on agriculture and the export of raw materials. Leaders of developing countries want to create a better quality of life for their people. They are rapidly industrialising and adopting a free market or mixed economy.   There...

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The political screenplay of the scheduled withdrawal of the UK from EU (Brexit) after the referendum held in the UK on 23rd June 2016, in which 52% supported the Brexit while 48% were against it, is at the crest of showing no signs of closure. This muddled up situation in the UK is presently due to its seeds sown in the past when the UK continued...

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world

Whenever we think of poets, they are always imagined with coffee, sitting by some window, writing beautiful poetry. Why is it, therefore, that coffee and poem are linked together? And, indirectly, beauty is breathed in the same sentence as coffee? These exact same questions were asked by Andrea Illy. He is the third-generation president and CEO of Illycaffè, a leading Italian coffee company. He talked...

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Since the devastation caused by Hurricane Maria, several hundreds and thousands of migrations have happened from the islands of Puerto Rico to mainland US. According to Amilcar Barreto, an associate professor of cultures, science and global studies at Northeastern University, this migration is more dispersed and can result in an exchange of culture way more than World War II.   It has been estimated that more than...

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ransomware

After a coordinated ransomware attack took place on 22 local governments in Texas, one has to think about the security of the voter’s database and how it is possible that it may be hacked and misused during the elections. Robert Mueller, in a special report, had said that the Russians had breached the voter’s data during the 2016 elections. This is backed up by intelligence...

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racism branching even to the crowdfunding sectors

Racism is discrimination against one or a group of people according to their race- the color of their skin or place of their birth. This gives rise to biases in certain sectors and aspects of life. According to research, a person’s race matters more than it should even in the crowdfunding sectors. Nonetheless, crowdfunding sites are business platforms themselves, and the sad reality is that,...

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Investing

While investing in the stock market, amateur investors tend to invest in the shares of selected few, well-known industries such as gold, oil, etc. and deem their investment “safe”. This mostly work because prices of these stocks usually go up. The problem with so called safe investing is that it is not diversified. There is no risk mitigation and hence, you lose large amount of...

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