Why Does Everyone Fear Trade War?

July 26, 2018 0

So we have heard that President Donald Trump has threatened to impose tariffs on imports from China, Mexico, Canada and even the EU, in an attempt to encourage consumers to buy Americans to support local. more »

Why is Economic Growth So Important?

November 16, 2017 0

A month ago, the Monetary Authority of Singapore (MAS) decided to keep the Singdollar policy unchanged even as economic growth surged to 3-year high. By now, we already know that economic growth is made up more »

What is Balance of Payments?

October 19, 2017 0

Balance of payments (BOP) is a record of all transactions between the residents of an economy and the rest of the world over a period of time. In other words, it records all the money more »

The Economic Impact of Hurricane Irma

September 14, 2017 0

Hurricane Irma was seen to be the most powerful tropical cyclone (or hurricane) to have struck the United States ever since Hurricane Katrina in 2005. It hit Florida on 10 Sept 2017 as a dangerous more »

Can Different Types of Inflation Coexist?

August 3, 2017 0

Inflation refers to a sustained rise in the general price level of all goods and services (e.g. housing, transportation, food and so forth). In other words, it also means the rising cost of living. The more »