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 ...

How soaring inflation can be particularly harmful for young people

Inflation rates have become almost impossible to ignore. In the U.K., inflation has soared in recent months, now reaching 9%—the highest rate for 40 years. The Bank of England expects it to rise to 10% this year and for ...

Iraq's prized rice crop threatened by drought

Drought is threatening the Iraqi tradition of growing amber rice, the aromatic basis of rich lamb and other dishes, and a key element in a struggling economy.

Four shades of deglobalization

In very recent times, an earthquake in Japan, a blackout in Texas, the grounding of a container ship in the Suez Canal, the pandemic, and the war in Ukraine have disrupted important supply chains, restricting the flow of ...

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.

Analysis of Roman coins uncovers evidence of financial crisis

New scientific analysis of the composition of Roman denarii has brought fresh understanding to a financial crisis briefly mentioned by the Roman statesman and writer Marcus Tullius Cicero in his essay on moral leadership, ...

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