A 1997 story about virtual money and the global economy

Interestingly, virtual money and the globalization of our economy is a field with depth and many publications refer to this topic. Particularly, the global economy cannot be stopped, unless we understand how to make everything by...

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Responding to unemployment in United States, Europe, and Britain

The worst economic fallout since the Great Depression 1929 just started, by accelerating protectionism and autarky across the world. In other words, we are facing the greatest challenge since the establishment of the...

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The soft saving trend can become a huge headache

In general, the future of an economy can be influenced by a wide range of factors, including fiscal and monetary policies, technological advancements, changes in demographics, global economic trends, and more....

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Swedish pandemic measures and world economics

The outbreak of COVID-19 has led to extreme measures throughout the world. The World Health Organization (WHO) has qualified this spread as a pandemic that is accelerating, thus having individuals stay home and non-essential...

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First official economic insights of the coronavirus impact

It took just a matter of a few days to shut down a great portion of world economy. Millions of people are already out of work for most of countries across the world, and losses in tax revenue is a huge challenge for...

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Country rating in a changing global economy

The world economy is presenting an accelerated change. Protectionism, as the process of creating barriers to the trade flows, automation as a process of adopting technology, especially in manufacturing, digital data...

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Borders and sanctions: Russia out of the economic game

A sanction is actually a penalty imposed by one country (or a group) on another, and it is used as a tool to stop the country acting aggressively or breaking international law. Sanctions are designed to hurt the economy...

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Τhe 2007 pre-pandemic plan and the validity of R0

The Interim Pre-Pandemic Planning Guidance published by the Center for Disease Control and Prevention (CDC) on February, 2007, is a community strategy for pandemic influenza mitigation in the United States. This document...

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Regional variations in EU employment rates and the secret of Germany

The European Union (EU) employment rate in 2022 reached its historical high at 74.6%, however, when examining regional data, significant differences emerge beneath the EU average, according to the latest Eurostat announ...

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Artificial intelligence boost unemployment through hiring

Unemployment is not only a local issue of a given state. There are tens of millions of unfilled jobs right now worldwide. Thus, why there is unemployment? Why people are not able to find their next job? Is education the...

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What is the SWIFT system? Western logic against “Putin thinking” (maps)

Russia’s president, Vladimir Putin (born 1952), launched an invasion of Ukraine on February 24, 2022. As the aftermath of the dramatic escalation of the Russo-Ukrainian War that began in 2014, this new war is the largest conventional...

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Over 81% of global workforce affected by full or partial workplace closures

International Labor Organization (ILO) recently reported that the COVID-19 pandemic is having a catastrophic effect on working hours and earnings globally. The current crisis is expected to wipe out 6.7% of working hours...

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New EU directive on minimum wage and standard of living

With 505 votes in favor, 92 against, and 44 abstentions, European Parliament adopted new legislation on adequate minimum wages in the European Union (EU) on September 14, 2022. The minimum wage should ensure a decent standard...

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The AI digitalization of employment and our future

The digitalization of all sectors of the global economy is on the way. As far as governments around the world invest on digital infrastructure and reskilling the workforce, artificial life is going to be inevitable. However,...

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China and Europe vow to respond to US's tariff war

President Donald Trump declared that foreign trade and economic practices have created a national emergency, and his order imposes responsive tariffs to strengthen the international economic position of the United States...

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Rules to protect the essential infrastructure of the European Union

The European Parliament has recently given its final approval to rules on improving the protection of the European Union’s (EU) essential infrastructure, with 595 votes in favor. The event of boosting critical infrastructure...

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The first ever pandemic caused by a coronavirus causes huge problems

World Health Organization (WHO) has been assessing this outbreak around the clock and officials are deeply concerned both by the alarming levels of spread and severity, and by the alarming levels of inaction. They...

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Gates involvement, the first modern pandemic, and RNA vaccine

Bill Gates, born in Seattle, Washington, in 1955, is an American businessman, software developer, investor, and lately philanthropist. He is best known as the co-founder of Microsoft Corporation, ruling the universal computer...

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A honey bee’s life and performance as a stressed employee

The life of the honey bees is quite stressed and hardly relaxing. Bees make many trips, traveling long distances to gather vital resources of pollen and nectar from flowers daily. However, they must deal with predators,...

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Primary income in the EU before COVID-19 and the future

According with the latest news release by Eurostat, the primary income per inhabitant in the European Union (EU) was 18,800 euros. Across EU NUTS 2 (Nomenclature of territorial units for statistics) regions, it ranged...

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