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Imagine this: it’s 1886 in a small Atlanta pharmacy. A curious pharmacist stirs up a syrupy concoction, mixes it with fizzy water, and unknowingly sets the foundation for one of the world’s most valuable brands. Fast-forward to today, Coca-Cola is more than just a soda; it’s a
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Gross Domestic Product, or GDP, is a term we often hear thrown around in economic news. But what exactly does it mean? Simply put, GDP is the total value of all final goods and services produced within a country's borders over a specific period, usually a year. It&
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The author of the book is an Italian economist with plenty of experience in innovative monetary and fiscal policy practices. She worked at the IMF, universities and even the Department of the Treasury (in Italy). The book takes the reader through a journey, that often feels academic, to cover all
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Over the summer, one of the main battles unfolded at box offices worldwide: Barbie vs. Oppenheimer. The movies delve into vastly different topics, with Barbie, unsurprisingly, exploring the world of the iconic doll, and Oppenheimer focusing on the story behind the atomic bomb. However, both films received rave reviews, grossed
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Welcome to your one-stop resource for understanding the complex world of central banking, where we'll be peeling back the layers to examine the roles and functions of these financial titans. We're diving deep into what a central bank is, what function it performs and use examples
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In the past couple years, Governments and Central banks have been busy adjusting their fiscal and monetary policies, to absorb the different financial and economic shocks caused by a plethora of global events (the COVID-19 pandemic, raw material shortages, geopolitical issues, etc.). Therefore I thought it might be useful to
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The global population is undergoing a significant transformation, characterized by a remarkable increase in the number of seniors. By 2050, it is projected that the world will be home to 2.1 billion seniors, a staggering figure that demands attention and understanding of the economics involved. In the past this
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Have you ever wanted to get a better sense of how the economy is doing around the world, but found it hard to wrap your head around complex economic indicators like the Gross Domestic Product or consumer price inflation? If yes, then you’re in luck! In this blog post
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With e-commerce volumes jumping forward an estimated 4-6 years due to worldwide lockdowns, consumers and merchants have increasingly looked to “Buy now, pay later” solutions to alleviate financial pressure and to meet online shopping demand, respectively. Today, BNPL reflects a small portion of the overall spending on payment cards (including
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Vaccines are one of the most important medical advancements in history. They have saved millions of lives, eradicated devastating diseases, and drastically improved public health. But creating a vaccine is no easy task - it requires years of research, development, clinical trials and production. So how much does it cost
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Do you ever feel like McDonald's is everywhere? From the city center to remote rural areas and even inside airports, it's incredibly hard to escape their iconic golden arches. But did you know that, alongside churning out Big Macs, this fast food giant has a lucrative
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Even if we look only at the last 100 years or so, several nations have experimented with moving their capital cities around the globe for political or economical reasons: Brazil (1960), Nigeria (1991), Kazakhstan (1997), just to name a few. Most recently, Egypt (2023) and Jakarta (2024) have also built