Economy

The ups and downs of Africa’s online gambling boom

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Gambling is a multitrillion-dollar industry and Africa is one of the newest, most exciting players to sit at the table. The East Africa Monitor Kenya, Nigeria and South Africa are the fastest growing markets on the continent, according to research by PricewaterhouseCoopers, while Uganda and… It’s not only the casinos that are driving Africa’s gambling boom either, but the rise of online sports betting that’s gripping people across the continent. There’s serious money to be made for innovators in the industry and, ... Read More »

Larry Summers: The robots are coming, whether Trump’s Treasury secretary admits it or not

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As I learned (sometimes painfully) during my time at the Treasury Department, words spoken by Treasury secretaries can over time have enormous consequences, and… Lawrence H. Summers The Washington Post In this regard, I am very surprised by two comments made by Secretary Steven Mnuchin in his… In reference to a question about artificial intelligence… Larry Summers: The… Read More »

Third of Australian youth have no job or are underemployed, report finds

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Youth jobless rate rises to 13.5% and underemployment to 18%, hitting highest level in 40… Helen Davidson The Guardian Almost one-third of Australian young people are unemployed or underemployed, the highest level in 40 years, according to a… The rate of underemployment – now at 18% – has become an entrenched feature of the… Third of Australian… Read More »

A dangerous protectionism decision

Daily Sabah

Economic administrators for G20 countries who gathered in Germany last week have failed to make a significant decision. Cemil Ertem Daily Sabah However, even strategic issues that are not cited in decisive texts in such periods can tell us current trends. Protectionism has become… A dangerous protectionism… Read More »

Investment in Africa: There’s room for everyone

Africa - Al Jazeera

What African countries want are partners who are in it for the long haul and can deliver the best return on investment. Rosa Whitaker Al Jazeera News China is not “moving relentlessly across Africa”. Despite what Peter… Investment in Africa… Read More »

Here are 3 of the Biggest Gambling Countries in South America

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Let’s take a look at some of the biggest gambling countries in South America, and what the most popular forms of wagering are in each one. Kevin Oldroyd GamingZion South America is beginning to emerge as a gambling hot spot. A number of countries here now offer a wide range of different gambling options ranging from casino gaming to sports betting. In this article we take a look at the biggest gambling countries in South America. Argentina Argentina is without ... Read More »

A threat to globalism

Arab news

The G-20 convened its first summit during the global financial crisis in 2008, sending a signal to the world that emerging markets deserved a greater role in global finance and trade. John Defterios Arab News After the Trump administration last weekend shaped a final communique that was against free trade, many are beginning to question the future role of the G-20 and all the institutions born after World War II including the… A threat to… Read More »

Why I’ll take economic growth over ‘happiness’ any day

AEI - logo

President Trump has promised he’ll boost economic growth. James Pethokoukis AEI “Tremendous” growth, to be specific. In that way — and maybe no other — he’s like every other politician. Here’s what politicians… Why I’ll take… Read More »

This 50 Year-Old Economics Book Helps Explain the Corporate Republic We Live In

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Revisiting my father’s great work of theory can help us figure out what will take the place of faith in the free… James K. Galbraith The Nation The New Industrial State was my father’s great work of theory. First published in 1967, nearly a decade after the triumph of The Affluent Society, The New Industrial State went beyond criticism of… This 50 Year… Read More »

Solutions for tumultuous times

Global Issues - Al Jazeera

To tackle global threats such as climate change, conflict and disaster, we must join forces and take collective action. Cihan Sultanoglu Al Jazeera News These are infinitely complex times. From the refugee… Solutions for tumultuous… Read More »

America Seeks to Destroy Syrian Civilization, Replace it With Terrorism and Ignorance

Syria - Global Reseacrh

NATO/GCC/Israeli proxy terrorists in Syria have committed all manner of atrocities with a view to destroying Syria’s culture, history, economy, pluralism, its very essence. Mark Taliano Global Research They want to create a blank slate. They want to… America Seeks to… Read More »

Why denying refugees the right to work is a catastrophic error

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It’s not just fleeing conflict that makes victims out of refugees – it’s also denying them the means to become autonomous and… by Paul Collier and Alexander Betts The Guardian From the 1980s on, a dominant international approach has been taken towards the majority of the world’s… Concentrated in a small number of host countries, close to… Why denying refugees… Read More »

A tale of two economic crises foretold

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Nowadays, American and European policymakers seem to have very different views on many economic policy issues. Desmond Lachman AEI However, it would seem that they do share one thing in common. They both have… A tale of… Read More »

Green cities will change the world

Chart - Asia Times

As our world becomes increasingly urban, our opportunity to create more sustainable ways of living also increases. Christiana Figueres Asia Times I am hopeful that we are now entering an era of renewed social and economic growth, driven by civic leaders and savvy citizens who are reshaping their communities on a green-building model. Around 66% of… Green cities will… Read More »

PM: Timor-Leste should be in WTO

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Prime Minister Hun Sen yesterday called for Timor-Leste to be made a member of the World Trade Organization (WTO), so the… Khmer Times Mr. Hun Sen made the call at the opening of the Fifth China Round Table on World Trade Organization Accessions in… Mr. Hun Sen recalled how joining the WTO in 2004 helped Cambodia open its… PM: Timor-Leste… Read More »

EU income inequality and the Great Recession

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EU-wide income inequality declined notably prior to 2008, driven by a strong process of income convergence between European… Eurofound The Great Recession broke this… After 2008, income convergence has been sluggish, while inequality within many countries has increased… Despite the implicit… EU income inequality… Read More »