Category: Business/Economy

Business/Economy, Culture, global

Carbon Capture Technology: revolution or sugarcoated promise?

by Victor DupasquierImage: Andreas Felske / Unsplash Capturing CO2 in the atmosphere, or directly in the factories, and mixing it with hydrogen to create a fuel that is carbon neutral. Doesn’t it sound like an amazing solution to climate change? Let’s put this Carbon Capture theory into practice. According to the IPCC, we were supposed to capture 4.900 megatons of CO2 per year by today … Continue reading Carbon Capture Technology: revolution or sugarcoated promise?

globaldiplomatorgLeave a comment
asia, Business/Economy

The Shadow of Sunshine Industry

by Karina MelencioImage: Petr Macháček / Unsplash The Philippines is known as the Call Center Capital of the World, with over 700 Business Process Outsourcing (BPO) companies across the nation. Since its humble beginnings in the 1990s, the BPO industry has been one of the few ‘legs’ of the Philippine economy, having contributed 9% to the country’s GDP Growth in 2017. It was greatly backed … Continue reading The Shadow of Sunshine Industry

globaldiplomatorgLeave a comment
africa, Business/Economy

What’s Next for African Agricultural Sectors?

by Monique KasongaImage: Luigi Guarino / Flickr Within the last decade, there has been a quick and urgent surge in the use of new agricultural technologies within Western countries. As defined by Project Breakthrough, digital agriculture utilizes new and advanced technologies that have been integrated into a singular system that enables farmers and other stakeholders within the agriculture value chain to improve food production by … Continue reading What’s Next for African Agricultural Sectors?

globaldiplomatorgLeave a comment
Business/Economy, global, Politics

Is capitalism truly the “best” economic system? (Spoiler: It’s not)

by Douaa QadadiaImage: Kevin Doncaster / Flickr Is capitalism truly the “best” economic system? (Spoiler: It’s not)  What is capitalism?  We’ve all heard about the American Dream. It’s the belief that if you work hard, you are guaranteed financial success, however, we know that that’s far from the truth, and much too often, people work hard to find themselves nonetheless struggling economically. The system that … Continue reading Is capitalism truly the “best” economic system? (Spoiler: It’s not)

globaldiplomatorg1 Comment
Business/Economy, global

Unsustainable Development: A Radical Redistribution of Wealth is Needed Now

by Chris PrattImage: Jp Valery / Unsplash Since the West created Development Theory in the 1950s, foreign aid has been focused on empowering actions abroad. How foreign aid is utilized depends on the development ideology and donor. Regardless of whether aid has been used to build schools or spark industrialization, the vast majority of foreign aid has historically been focused on creating change abroad. This … Continue reading Unsustainable Development: A Radical Redistribution of Wealth is Needed Now

globaldiplomatorg1 Comment
africa, Business/Economy, global, north america

Do we all have blood on our hands? An Ongoing crisis: Cobalt Mining

by Monique Kasonga Image: Clint Budd / Flickr When you look down at your phone, what do you think of? Do you think of all the happy memories that you’ve had it with you for, or all the important information that it holds? For most people living in the Western world, the answer is yes. However, what the technological consumer community seems to lack is … Continue reading Do we all have blood on our hands? An Ongoing crisis: Cobalt Mining

globaldiplomatorgLeave a comment
Business/Economy, global

Where Will the Oil Markets Move and Why You Should Care.

by Raihan WoodhouseImage: Michael Elleray / Creative Commons Oil is the most important energy commodity in the world and a primary determinant for the costs of production and manufacturing across industries. Appropriately, investors use oil prices as a valuable indicator of the economic climate. The oil industry was left traumatized in early 2020 as energy demands plummeted due to lockdowns and travel bans prompted by … Continue reading Where Will the Oil Markets Move and Why You Should Care.

globaldiplomatorgLeave a comment
Business/Economy, global

When will the music stop? An Outlook on Financial Markets for 2021 and Beyond

by Raihan Woodhouse Image Credit: UN Women Galley / Creative Commons Contrary to one’s credence, all the unfortunate events that transpired in 2020 did not deter the faith of investors in global financial markets. It was, in fact, a very strong year for equities across the board, especially in the United States—the largest economy in the world. This is evident in the returns displayed on … Continue reading When will the music stop? An Outlook on Financial Markets for 2021 and Beyond

globaldiplomatorgLeave a comment
asia, Business/Economy

China-Australia Trade Dispute

by Lindsay Wong Picture Credit: simon2579/Getty For the better part of 2020, China and Australia have been embroiled in a trade dispute that has altered their relationship from somewhat friendly to outright hostile. China was once Australia’s top trading partner, but this has changed because of the ongoing trade dispute which has no end in sight. Going as far back as the 1990s, the two … Continue reading China-Australia Trade Dispute

globaldiplomatorgLeave a comment
#covid-19, asia, Business/Economy

Economic Growth During a Pandemic: An Oxymoron or a Reality?

by: AnonymousImage Credit: Samurai Spy Let’s play a modified game of ‘Two Truths and a Lie’, except in this version of the game, identify two lies and one truth. Statement 1: Vietnam is currently regarded as one of the most dangerous and COVID-19 case abundant countries in the world. Statement 2: Every country in Asia is handling the COVID-19 pandemic well and has a rising … Continue reading Economic Growth During a Pandemic: An Oxymoron or a Reality?

globaldiplomatorgLeave a comment