The word silk was derived from the ancient Greek word serikos, pertaining to the East Asian people from whom the Greeks received silks. Proposed in 2013, China’s Belt and Road Initiative (BRI) is a historically large infrastructure plan between 65 states, seeking to develop international overland and maritime trade
Described as a “human success story” by the United Nations, the global phenomenon that is population ageing is both a blessing and a curse. Driven by an increase in life expectancy and a decrease in fertility rates, population ageing encapsulates the triumph of humanity in the arenas of economic development,
On October 12th, 2020, Stanford University professors Paul Milgrom and Robert Wilson won the Nobel Prize in Economic Sciences for their contributions to auction theory, a branch of economics that explores how auctions shape prices, how auction participants behave, and how auction design can achieve optimal or efficient outcomes. Often
Nations around the world have undergone radically distinct societal and structural changes in recent times. Whilst a fortunate few may have bypassed the worst of circumstances, the cloud of uncertainty continues to linger above the figurative head of our global citizens and has rendered many governments averse to making careless
The media’s selective coverage of stories everyday indirectly allows them to shape the future; by monopolising what is presented news’ firms weave a hierarchy of importance into events. Through the public’s uninhibited consumption of their reported material, the audience subconsciously adopts a perspective in closer agreement to theirs.