Economy International People

Microfinance, Muhammad Yunus, and Global Poverty

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Global poverty is an issue. It’s not that hard to recognize this fact. The trouble comes in identifying solutions. Charities are one angle by which the world is tackling the issue. Education, infrastructure, and ending political conflict are others. In the 1980s a new, novel idea grew prominent. Microfinance promised a sustainable way to elevate […]

Economy International Policy

Coronavirus: Creating An Economic Pandemic

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Originating in Wuhan, China, the coronavirus epidemic has headlined international news for the better part of the last two months. Global health concerns over the spread of the virus have been especially heightened with the presence of Lunar New Year celebrations, the virus’s long incubation period, and the fact that Wuhan is a major transportation […]

Currency Economy International

Currency Manipulation: The Trade War

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The foreign exchange market (FOREX), is the heart that pumps the lifeblood of global trade — currency transactions. Without this facilitator for trade, the era of globalization as we know it would simply not function.  However, what happens when a country purposefully manipulates its currency to gain a competitive advantage in the world of trade? […]