October 2024
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Federal Reserve Meetings & Its Impact on Market, Interest Rate, and Economies
Every Fed meeting nuance is sensitive in the financial sector. Federal Open Market Committee (FOMC) meetings shape US monetary policy, which impacts global interest rates, liquidity, and market mood. These discussions will have far-reaching implications due to the US economy’s importance in the global financial system. This article analyzes how Fed meetings affect financial markets…
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Integrated World of Macroeconomics: 2025 and Beyond
The interdependence of macroeconomic variables across countries demonstrates the complexity of the global economy. This article is dedicated to exploring macroeconomics from basic study to its application in terms of globalization and integrating the world with the impact of variables on other countries. A Primer to Subject Matter of Macroeconomics Macroeconomics, or the analysis of domestic and…
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USA & Türkiye Relations at Crossroads subject to the new POTUS
The upcoming Presidential election of the United States shall set up the tone, or revise some, in terms of the U.S.A.’s relations with multiple nations, and the one with Türkiye is at a crossroads. Experts argue that a Harris presidency could preserve the Joe Biden-installed status quo, while Trump’s return could at the least reignite long-dead dialogue on…
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Whose Vote Matters in the American Elections? Relevance of the Median Voter Theorem
It’s election season for Americans, meaning that there is discussion galore about who will emerge victorious in what seems to be a closely contested election so far. Social choice theory has quite a bit to say in this regard. Over the years, several theorems have been developed to understand what really is the equilibrium position…
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The Nobel Prize in Economic Sciences 2024: Highlighting How Institutions Make or Break Societies
The Sveriges Riksbank Prize in Economic Sciences in the Memory of Alfred Nobel is arguably the pinnacle of recognition that an economist can achieve in their lifetime. Many noted economists vie for this coveted spot, but few are bestowed the honour. At the press conference on 14 October declaring the 2024 winners, Professor Hans Ellegren,…
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Insights into the BIOSECURE Act
The recently enacted BIOSECURE Act marks a pivotal shift in U.S. biotechnology policy, aimed at safeguarding national security by imposing restrictions on federal contracts and grants to biotechnology companies affiliated with foreign adversaries, particularly those from China. This legislation addresses growing concerns over data security and potential espionage linked to Chinese firms such as BGI…
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Future of Social Security Benefits in the USA under Harris & Trump
Increasing life expectancy does not always go hand in hand with a corresponding increase in healthy life expectancy. Although countries are moving towards universal health coverage, health costs continue to rise and increase adult poverty rates. In such a Volatile, Uncertain, Complex, and Ambiguous (VUCA) world, social security benefits form individuals’ bedrock or safety net. About…