There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 per cent in 2024. Nearly six per cent of Russia’s gross domestic product goes towards military spending. At a time when Ukrainian President Volodymyr Zelenskyy is...
Tag: GlobalEconomy
The shadowy economics of fentanyl
Bertrand Monnet isn’t your ordinary business school professor. Standing at well over six feet tall, he has a quiet intensity to him that’s reminiscent of the actor Vincent Cassel. A former French marine, Monnet now teaches at the EDHEC Business School in France, where he studies the international black market in illicit drugs, which, according to...
Coffee plants fight climate change with a genetic weapon
Coffee is not just a boost in the morning, it’s a big deal for the world. Scientists from the University of Udine have cracked the code on the genes that make our favorite morning drink, coffee, so delicious and resilient. The unique study behind Coffea arabica shines a light on how coffee survives and thrives. By understanding...
Climate Change Is Helping Pests and Diseases Destroy Our Food
Pests and diseases are exacerbating crop shortages that have sent prices for goods likecocoa, olive oil and orange juice soaring. That’s set to become even more prevalent asextreme weather events multiply.Already, plant diseases cost the global economy over $220 billion every year, andinvasive insects at least $70 billion, according to the UN’s Food and AgricultureOrganization....