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Articles on Economy

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Economists and Wall Street workers fear a recession is underway. Reuters/Brendan McDermid

Could a recession be just around the corner?

Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what’s got investors spooked.
Feeling forgotten: Iowa’s rural communities. REUTERS/Jim Young

Left behind: The midterm view from Iowa

In Iowa, almost 40 percent of residents can’t afford the basic cost of living. That was the setting for the 2018 midterm elections, where rural voters are suffering along with their communities.
The trade deficit, and how much a country exports or imports, is only part of the story. AP Photo/Reed Saxon

Why trade deficits aren’t so bad

Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is ‘losing.’ An economist explains why that’s rubbish.
Cryptocurrencies even have their own investment companies. Reuters/Simon Walker

Cryptocurrencies, blockchains and their dark side: 4 essential reads

Bitcoin and other digital currencies have been running wild in recent years, soaring and then plunging in value. A few stories from The Conversation’s archive offer a glimpse into their world.
Internal strikes throughout the country might harm the economy at least as much as the announced sanctions (Tehran, 2017). Stella Morgana

If sanctions do not put a halt to Iran’s economy, workers will

As Iran struggles under another round of international sanctions, a widening social gap is putting President Hassan Rouhani’s government under pressure.
Indonesia has decided that state-owned oil and gas firm Pertamina will take over the Rokan block, in Riau, from Chevron when the US energy firm’s operating contract expires in 2021. www.shutterstock.com

Pertamina gets Rokan oil block from Chevron. What does this tell us?

The recent Rokan block deal signals a shift to a more nationalist agenda, but Indonesia’s government is still pursuing other more outward-looking economic policies.

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