Global Economy
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The Origins and Evolution of BRICS: A Look Back at Its Creation
In a recent conversation, economist Jim O’Neill reflected on the inception of BRICS, a coalition…
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Starbucks Announces Closure of Underperforming Stores in Cost-Saving Restructure
Starbucks Corporation has just embarked on the largest corporate restructuring the company has ever attempted.…
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Liberal Democrats Defend Bank of England Amid Farage’s Criticism
The length and independence of the Bank of England’s tenure has become a highly charged…
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The Unforeseen Legacy of BRICS and its Origins
Back then—in 2001—economist Jim O’Neill was still at Goldman Sachs. He drafted a report that…
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The Impact of Abolishing Stamp Duty on the Housing Market
Stamp duty is a transaction tax imposed on property either in England or Northern Ireland.…
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UK Aims to Attract Global Talent Amid Changes in US Visa Policy
On Tuesday, Rachel Reeves, UK Shadow Chancellor, made a very big, very bold pledge. As…
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Bank of England Maintains Interest Rates at 4% Amid Ongoing Inflation Concerns
The Bank of England has decided to hold interest rates at 4%, a move that…
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US Inflation Surges in August Prompting Fed Interest Rate Scrutiny
Altogether, US inflation soared in August by the largest amount in more than a year.…
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UK Economy Experiences Contraction Amidst Declining Car Production
According to the latest ONS estimates, in September the UK economy contracted by 0.1%. This…
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Bank of England Expected to Maintain Interest Rates Amidst Inflation Concerns
The Economist, among others, is reporting that the Bank of England will vote to hold…