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China and the U.S. compete to be the world’s largest economy, but the dollar dominates the yuan as a currency. peng song/Moment Collection/Getty Images

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency – and be a serious contender against the US dollar

Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.
The mismanagement of plastic waste is one of the main causes of plastic pollution in nature. Larina Marina/Shutterstock

Why the UK needs to stop exporting plastic waste

Many countries export their plastic waste abroad – but the mismanagement of this plastic waste is one of the leading causes of plastic pollution in nature.
Gas prices are displayed at a gas station in Frankfurt, Germany. OPEC countries have decided to cut oil production by 2 million barrels per day in response to rising global interest rates. (AP Photo/Michael Probst)

Sanctions on Russia are increasing, not decreasing, its revenue

The impact of oil sanctions on Russia is limited compared to the severe repercussions they have on the global economy and other countries’ abilities to achieve energy security and transition.
A container ship moves up through the winter ice in the St. Lawrence River, near the Port of Montréal. Approximately 8,000 merchant vessels travel the St. Lawrence annually. The importance of the river in all aspects of the economy is enormous and is expected to increase in the years to come. (Shutterstock)

How the St. Lawrence Seaway will continue to become more important to the economy

Approximately 8,000 merchant vessels travel the St. Lawrence each year. Its ports have become the catalysts that link trade, development and industrial innovation.
Manufacturing a 300-ton nuclear reactor pressure vessel at a factory in Volgodonsk, Russia. Pallava Bagla/Corbis via Getty Images

Russia’s energy clout doesn’t just come from oil and gas – it’s also a key nuclear supplier

Russia isn’t a major producer of uranium, but it handles a large share of the steps that turn it into nuclear fuel. That makes it a major player in this globalized industry.
State-owned enterprises, such as Transnet, which runs South Africa’s ports, loom large over the economy. Getty Images

Corruption in state-owned companies hurts low skilled workers the most: we show how

Corruption and fraud make a few rich households richer. But the already poor and low-skilled lose their jobs and become poorer.

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