Tag Archives: Economics

Was 2022 the Year We Reached Peak Scam?

The past few years have proven a golden age of fraud. Part of that is due to Covid. Pandemic times have always led to fraudulence. Con artists used to sell snake oil as a miracle cure, after all. The Covid pandemic was no different – with essential oils and unlicensed medicines making the unscrupulous rich.   

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Britain’s Broken Economy Broke Liz Truss

Liz Truss has announced her resignation after only a few weeks as Britain’s prime minister. Truss’ premiership has been on life support since the announcement of her mini-budget last month spooked the currency and bond markets. Truss sacrificed her finance minister, the former chancellor of the exchequer Kwasi Kwarteng, in order to delay her own departure, but it barely slowed down the inevitable. Once her successor is selected and in office before the end of the month, Truss will be left as the equivalent of a political trivia question: the shortest-serving British prime minister who left office alive. 

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Clouds of Uncertainty Hover over Iraqi Kurdistan’s Future

The decision by Iraq’s Kurdistan Regional Government (KRG) to call a referendum on the future of Kurd­istan has alarmed the rest of the country and the region. Continue reading