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Articles on Economy

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Minimum wage is no match for rising cost of living. Photo by Adekunle Ajayi/NurPhoto via Getty Images

A gloomy May Day awaits Nigerian workers

With a monthly minimum wage of 30,000 Naira (US$72), the average Nigerian worker is groaning under the weight of the rising cost of living.
Ordinary Russians are facing the prospect of higher prices as western sanctions over the invasion of Ukraine sent the ruble plummeting. That’s led uneasy people to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era. (AP Photo/Pavel Golovkin)

The Russian economy is headed for collapse

With Russia’s “great power status” tied closely to economic power, the country’s crumbling economy is putting Putin’s claims to legitimacy at risk.
Containers are seen stacked at a port in Qingdao in China’s eastern Shandong province on Jan. 14, 2020. STR/AFP via Getty Images

The ‘China shock’ of trade in the 2000s reverberates in US politics and economics – and warns of the dangers for fossil fuel workers

Large-scale job losses in the US due to trade with China will lead to enduring demographic and political aftershocks without the implementation of policies that promote widespread job growth.
Voters follow social distancing measures at the Halifax Convention Centre as they prepare to vote in the federal election in Halifax back in September. This year will bring about a host of significant political issues and events that will impact communities both locally and globally. (THE CANADIAN PRESS/Andrew Vaughan)

Here are some of the political events that will dominate headlines in 2022

International relations, elections, climate change policies and the continuing pandemic are some of the political events to keep an eye out for in the upcoming year.

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