Most advanced countries all over the world are suffering from skyrocketing inflation for the most part of the year. Inflation can be defined as a broad increase in the prices of goods and services over an extended period. In this case, prices in consumer goods and energy are the ones that have been most inflicted […]
The year 2022 will be marked as the year of inflation and an unprecedented energy crisis that resembles that of the 70s. The cost of energy has been skyrocketing, leading to increasing prices in consumer goods as well. Given the most recent published figures, annual inflation in the US is projected to 8,6% so far, […]
As Covid-19 vaccines are gradually delivered and received by people all around the world, we gradually move towards the end of the pandemic and the expected return to normalcy. The moment when no more lockdowns, social distancing or other Covid-19 restrictions are needed is getting closer by the day. But once the dust settles down, […]
In the modern world, the economic system that has totally prevailed is free market capitalism. Over the last centuries, no other system has been proven to be more efficient, free and just. Based on the premise of free choice and free exchange of goods and services under capitalism, the output has been maximized, unprecedented wealth […]
In today’s society, social media play a significant role on our everyday lives. They provide the digital space where we meet each other, make friends and even enemies, share our experiences, thoughts and ideas, discuss and debate, have fun and enjoy the most extended public network that connects humanity. Billions of people are connected every […]
A little more than a decade after the 2008 financial crisis that shocked the global economy leading to unprecedented recession, unemployment, banking chaos and debt insecurity seemed to be back to normal. Global GDP has been rising ever since, international trade was up, the financial system regained its stability and credibility and the economies around […]
Derivatives are one of the most modern types of financial instruments. They first appeared in the 19th century, while they were fully structured in the international markets during the 20th century, initially in the United States. Derivatives, by definition, comprise financial securities with values reliant upon, or derived from, an underlying asset or a group […]
Tackling the worst pandemic that humanity has faced in a century required some extreme measures, didn’t it? Lockdowns have been one of the most common, yet extreme measures taken in order to control the spread of the coronavirus. People, and especially the elderly and those with health problems, were required to stay at home so […]
