Month: January 2022

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China is rapidly converting to a Green Economy. What is changing and why?

Energy, World Economy / By

Rapid industrialization and economic development have made China one of the world’s most influential and prosperous countries. The country’s meteoric rise in just under three decades is nothing short of amazing. However, the same factories and industrial centers that fueled Chinese economic growth also threaten its natural resources and create health problems for its citizens. …

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Rising energy costs worldwide: reasons and what to expect

Energy, Markets, Trade & Finance / By

I have closely followed the recent upsurge in energy costs that characterized the end of 2021. According to global reports, coal, gas, and electricity prices rose to decade-high levels in the final months of the year, and projections were that the energy shortfall would continue well into 2022. The International Energy Association reports that gas …

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Inflation hits middle-class consumption and remains an uncertainty for the economy

Markets, World Economy / By

As the world looks to bounce back from the 2020 COVID-induced slump, inflation is playing a larger role than anticipated in global economies. A slower than expected economic recovery, a flagging labor market, and supply chain disruptions have created concerning inflationary conditions, affecting middle-class families globally. For instance, the UN Food and Agriculture Organization reports …

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