Tag: Economics
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Colombian President Stands Against Israeli Aggression
What a time to be alive! President Gustavo Petro is making waves, and I’m all here for it. Finally, a leader who’s willing to take a stand and say enough is enough. He’s halting coal exports to Israel, calling out their atrocities in Gaza. Bravo! Let’s break it down. Petro’s saying that Colombia will stop…
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The True Beneficiaries of Interest Rate Hikes
In the intricate world of economics, interest rates are a pivotal tool used by central banks to manage the economy. Recently, the Bank of Canada made headlines by raising its benchmark interest rate. While this move might seem like a standard response to a stronger-than-expected economy and labour market, it’s essential to delve deeper and…
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The Pitfalls of Unequal Bartering: When Service is Worth More Than Product
Bartering is an age-old practice where goods and services are exchanged for other goods and services without the use of money. It is a popular way of conducting business, especially in situations where money is scarce or not readily available. However, bartering can sometimes be tricky, especially when the value of the goods or services…