Three US-based economists given Nobel Prize for work on banks

Former Federal Reserve Chair Ben Bernanke and two other U.S.-based economists won the Nobel Prize in economics for research into bank failures—work that built on lessons learned in the Great Depression and helped shape ...

Economists weigh a new approach to unemployment insurance

Unemployment insurance is a lifeline for many people when work goes away. And when times get really bad in the U.S.—in recessions and during the COVID-19 pandemic—Congress has extended the duration of unemployment benefits ...

How the debt crisis of 2008-09 fueled populist politics

The economic downturn of 2008-09 has often been described as a financial-sector crisis, featuring failing banks. But it was much more than that. Many people with stagnant or dropping incomes, having borrowed to sustain their ...

40 million more faced acute hunger in 2021: UN

The number of people facing hunger rose to 193 million last year as conflict, climate change and economic crises ravaged people's livelihoods, the UN's Food and Agriculture Organization said Wednesday.

Climate change is triggering global humanitarian crises

Climate scientists from around the world confirm the humanitarian impact of climate change in a report released today by UN climate panel IPCC. Maarten van Aalst, Professor of Climate and Disaster Resilience at the University ...

Report shows climate change imperils the U.S. financial system

Burnt orange daytime skies signal that the consequences of climate change are already here. But while we tend to focus on the death and destruction resulting from the growing frequency and severity of wildfires and other ...

A circular economy could save the world's economy post-COVID-19

The World's economy is feeling the effects of the COVID-19 pandemic with many industries under threat. A group of researchers from the UK, Malaysia, Nigeria, UAE and Japan, led by WMG, University of Warwick have concluded ...

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