How to Strangle a Student Town’s Economy—The St Andrews Housing Market

By Ryan Morrice There are few institutions better for a small town’s economy than a centuries-old world-renowned university. Businesses can expand over time, but they can also go bust. People can migrate to a town, boosting demand for local goods and services, but they can also leave, causing a slow irreversible decline. A university, on…

Market Spice: Week of February 10th

Week of February 10th, 2020  Delany Higgins Asia  In China, the CSI 300 and Shanghai Composite Indexes rose moderately, while Japan’s Nikkei 225 closed slightly down.  Due to new measurement techniques, China announced over 14,800 additional cases of COVID-19, though the rate of spread appeared to be decreasing.  China-U.S. relations faltered again after last week’s…

Valentine's Day Special: Evaluating the Global Chocolate Shortage

By Jurin Katayama ‘Twas the day of Valentines, when all through St Andrews Chocolates were given, to show that they were true. Articles were flooded in all social media accounts, With click-bait titles blaring “Chocolate shortage!” to get the view counts. The culture of buying chocolates to illustrate love on an annual basis has caused…

Coronavirus’s Most Critical Patient

The brunt of the reaction has focused on the epicentre of the outbreak: the city of Wuhan, in Hubei province, though it has also extended to other areas in mainland China. If similar measures to those taken in Hubei were taken in Hong Kong, however, it could quickly spell a death-sentence for the pro-democracy movement.

Market Spice: This Week's Roundup

On Monday, following the Lunar New Year holiday, the People’s Bank of China announced their plans to inject the equivalent of $21.7 in liquidity into the economy, as well as other measures amounting to $57 billion.

The Potential of Central Bank Digital Currencies

By Austin Jupe, Last year, China’s central bank announced that they were researching the implementation of their own digital currency. They are not alone in their pursuits. In 2018, Venezuela launched its cryptocurrency, the Petro, in an ultimately unsuccessful attempt to control the hyperinflation of its fiat currency, the Bolivar. Uruguay and Sweden have also…

Donald Trump & Iran: A Dangerous Gamble

By Dhruv Shah   On January 3rd, 2020, US drones targeted and killed Iran’s most important General, Qassem Soleimani. This audacious act has been the first time since WW2, the US has openly killed a foreign military leader. Five days later on January 8th, Iran retaliated with direct strikes of their own on Iraqi bases…

Can we use financial fraud to assess the health of economy? (A financial pyramid that challenged Russian leadership in the 1990s) – Part II

By Rasul Bakhshaliyev, Among numerous [RB1] fraudulent schemes that were not supervised by Russian financial regulation agencies, why was it that Mavrodi’s pyramid was the most successful allowing him to become a potent force in Russian politics? The toughest period for a financial pyramid is the first two-three months. This is the period when Mavrodi built…