In 2008, the world experienced one of the biggest financial upheavals in modern history. Markets around the world began to crumble, share prices plummeted and major financial institutions, once considered invincible, began to show signs of collapse. Governments responded quickly, issuing massive bailouts and stimulus packages in an effort to keep the world economy afloat.…
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Caribbean Community (CARICOM) countries are on the frontlines of the impacts of climate change, the energy crisis, inflation, and food insecurity. Inflation has reached more than 6 percent, electricity costs for Caribbean citizens are double the average for US citizens, and climate change is expected to cost the region almost $22 billion annually by 2050.…
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Warning: Stagflation eyesonsuriname Amsterdam, May 3d 2022– The Norwegian state fund, with 1.2 trillion dollars (more than 1.1 trillion euros) in resources, the largest of its kind in the world, warns of stagflation. Due to high inflation, low interest rates and high stock prices, many risks lurk, of which stagflation is the greatest danger. That’s…
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