Globalization
Has globalization lessened the importance of physical distance? For economic shocks, new research suggests ‘yes’
Has globalization lessened the importance of physical distance? For economic shocks, new research suggests ‘yes’ Research suggests that globalization has reduced the importance of physical distance in economic shocks, particularly for interconnected countries. The study found that business cycles were strongly localized from 1960-1999, but this relationship broke down after 2000, indicating a shift towards […]
📰 News
Trump’s stated reasons for taking Greenland are wrong – but the tactics fit with the plan to limit China’s economic interests
Trump’s stated reasons for taking Greenland are wrong – but the tactics fit with the plan to limit China’s economic interests US President Donald Trump has been trying to acquire Greenland for years, but his stated reasons are questionable. In 2019, he offered to buy the island, which was rejected by Denmark and Greenlanders. Since […]
🏛️ Politics
Tariffs 101: What they are, who pays them, and why they matter now
Tariffs 101: What they are, who pays them, and why they matter now Tariffs are taxes on imports of goods, usually to protect domestic industries from import competition, and are imposed by U.S. Customs and Border Protection. The burden of tariffs often falls on consumers, who may see prices increase as companies pass on the […]
📰 News
China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy
China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy China’s new 15th five-year plan aims to deliver “high-quality development” through technological self-reliance, industrial modernization, and expanded domestic demand, but critics argue it won’t fix an unbalanced economy. The plan prioritizes advanced manufacturing and tech innovation, with a focus on […]
📰 News
Why Major League Baseball keeps coming back to Japan
Why Major League Baseball keeps coming back to Japan Major League Baseball (MLB) has been returning to Japan for over 100 years, with a rich history dating back to the late 19th century when baseball was introduced to the country during the Meiji Restoration. The MLB-Japan series in 2025 was a massive financial success, generating […]
⚽ Sports
Fewer international students are coming to the US, costing universities and communities that benefit from these visitors
Fewer international students are coming to the US, costing universities and communities that benefit from these visitors International student enrollment in the US is expected to decline by 30-40% in the fall of 2025, with an estimated 150,000 fewer students arriving due to new visa restrictions and cancellations. The decline in international students could cost […]
📰 News
China’s electric vehicle influence expands nearly everywhere – except the US and Canada
China’s electric vehicle influence expands nearly everywhere – except the US and Canada By 2025, an estimated 1 in 4 new automotive vehicle sales globally will be electric vehicles (EVs), up from fewer than 1 in 20 just five years ago. China’s EV influence expands nearly everywhere except the US and Canada, where EV sales […]
💻 Technology
State Department layoffs could hurt US companies’ ability to compete globally – an economist explains why
State Department layoffs could hurt US companies’ ability to compete globally – an economist explains why The mass layoffs at the US State Department could hurt US companies’ ability to compete globally by eliminating expertise on business and human rights. The State Department’s Business and Human Rights team, which was eliminated in the layoffs, helped […]
📰 News
How bachata rose from Dominican Republic’s brothels and shantytowns to become a global sensation
How bachata rose from Dominican Republic’s brothels and shantytowns to become a global sensation Bachata, a genre born in the Dominican Republic’s brothels and shantytowns, has become a global sensation, rising from its humble beginnings to top the Latin music charts. The genre’s popularity can be attributed to its ability to tell stories of love, […]
🎭 Entertainment
Elite U.S. Universities Show Dependency on International Students
Elite U.S. Universities Show Dependency on International Students Many elite US universities, including NYU, Johns Hopkins, Columbia, and Carnegie Mellon, rely heavily on international students to fill their classrooms and research programs. The share of international students at these top universities has been growing over the past two decades, driven by rising incomes in countries […]
📰 News