International Economics

Tariffs have recently been the centrepiece of international economics with the U.S.A.'s President Donald Trump's retaliatory tariffs. But...

On July 31, 2024, the financial world was rocked as the Bank of Japan shattered a 15-year precedent by hiking interest rates, sending shockwaves across global markets. This unexpected move triggered a massive sell-off, unravelling the intricate web of the Yen Carry Trade—a strategy that had fuelled investments worldwide...

In a surprising and pivotal move, India, often regarded as the world's rice bowl, on July 20th, imposed a ban on the export of rice to foreign markets. Being the largest exporter of rice in the world, this decision sent a shockwave across global agricultural markets. It has raised questions and concerns amongst both domestic farmers and international trading partners...

A few months ago, Sri Lanka’s economy collapsed after it ran out of money to pay for food, fuel, and medicine. Protests started throughout the country as the people had been struggling with shortages of basic necessities and extremely high prices due to an inflation rate of more than 50%...

Four score and seven months ago, whilst the nation was witnessing the “Modi-wave” in its original iteration, Modi championed the cause for free trade on his campaign trail. For far too long he said, our nation had kept its economy incarcerated and that liberal trade policies were necessary to unshackle the nations growth, fast forward to 2020 and we all know how our Prime Minister feels about liberal policies these days...

The Organization of the Petroleum Exporting Countries(OPEC) is an organization of 13 countries that together contain 81.5% of the world's proven oil reserves. It was formed to give these countries collective power over global oil prices and improve their profits...

As Bill Clinton, the 42nd President of the United States, turns 73 on this day, let’s look at how he contributed to the post-cold war economic expansion of the United States...

Hong Kong is an important city in Asia as it plays a vital role in international trade in many countries. Despite being just a small city with a deep water port as its only asset, Hong Kong has overcome many difficulties in establishing itself as a powerhouse economy and is an essential financial center comparable to New York, London, and Singapore...

Europe is suffering from the leadership crisis, as disruptions are continuously increasing across the continent. Brexit, Yellow Vest protests, and the rise of fringe parties to occupy the mainstream position is becoming the new norm in countries like France and Germany...

Nearly a month ago, Narendra Modi gave his plenary address at the World Economic Forum in Davos, Switzerland. He expressed what his audience wanted to hear: a strong defence of globalisation. In fact, he went as far as equating economic protectionism with terrorism...

Let us consider a hypothetical world, in which a certain country named Winterfell is surrounded by countries Casterly Rock and Highgarden, both of which had carved a special niche for themselves in the International Market, thanks to their geographical location and intelligent techniques of harnessing the nature-endowed resources...

The United States of America is the current reigning superpower, but have you thought why does it give the US Dollar, legitimacy as the international standard for trade...

Oil is the most important natural resource and its price has been one of the most watched trends in economics during the 21st century...