Author: Hrishi
Bank of England Forecasting: Missing the Mark?
The Bank of England’s Errors Over the past few years, the Bank of England have made many blunders when it comes to forecasting inflation and raising interest rates accordingly. Whether it be due to unforeseen circumstances, or outright sloppiness, the Bank of England have been getting it wrong. In November 2021, Bank of England governor…
The Price of Conflict: Economic Impacts of Potential Iran-Israel War
Take a Quiz on this Article: Over the weekend, Iran sent over 300 drones and missiles towards Israel. This was in retaliation to Israel’s airstrike in Damascus on the Iranian consulate, which killed two senior Iranian Generals. Although nothing severe has occurred yet, the threat of a full-blown war makes us consider its possible financial…
Hong Kong Seizes $10 Million in Gold Disguised as Machine Parts
Take a Quiz about this article: Hong Kong customs officials discovered 146 kilograms of gold worth around $10.7 million disguised as machine parts. The gold was on board a freight plane on its way to Japan. Officials report that all gold was ‘specially moulded’ into the shape of various machine parts, and painted silver. The…
Venture Capitalists vs Angel Investors
The ideas which we will discuss today can be set up with a simple analogy of Little Barry and his lemonade stand. Little Barry’s Lemonade Stand Little Barry owns a lemonade stand. He sets up outside his house, and it seems to go well. He manages to sell 5 or 6 jugs of lemonade, but…
7 Million in the UK Burdened by Bills Amidst Cost of Living Crisis
Key Takeaways: A survey conducted by the Financial Conduct Authority (FCA) showed that roughly 7.4 million adults struggled to pay their bills in January 2024. This number has decreased from the 10.9 million recorded in January 2023. The number remains marginally higher than the 5.8 million recorded in January 2020. The spike in 2023 was…