Apparently, transparency is not necessary to collude among firms involved in a cartel. New research debunked the idea that to collude, firms have to share information and monitor each other in order to agree to keep prices high.
December 21, 2018
The Golden State now has the biggest economy in the world surpassing that of the United Kingdom. All of California's economic sectors contributed for its higher GDP except one.
Business Tech May 6, 2018
The Great Barrier Reef is valued at a huge AU $56 billion (or US $42 billion). Read more findings from the report from Deloitte Access Economics about Great Barrier Reef and Australian economy links.
Earth/Environment June 26, 2017
Los Angeles has emerged in a global traffic scorecard as the city with the worst traffic congestion in the world. Find out about other U.S. cities in the top 10, and what likely fueled traffic congestion in these places.
Public Health February 21, 2017
Researchers have found a link between economic hard times and the likelihood of children becoming fat and obese. How did the recent Great Depression affect children's weight?
Public Health June 11, 2016
Young people are now more likely to live with their parents than with romantic partners. What is driving this change, which is taking place around the world?
May 25, 2016
A footage of a bulldozer fight is making its rounds online and has joined the roster of viral videos from China. The argument that escalated into a battle of machines, however, is also indicative of the country's economic growth slowdown.
Society April 21, 2016
According to the WHO, better investment in depression treatment and mental health will translate to four-fold returns for the world's economy. Paying attention to mental care will increase work productivity as well as provide billions of gains through enhanced wellness.
Life April 13, 2016
Despite a gloomy global scenario and a slowing-down China, East Asia and the Pacific will continue to be resilient. Growth expansion in the region is predicted to have a marginal decline from 6.5 percent in 2015 to 6.3 percent in 2016 and 6.2 percent in 2017-2018.
Business April 12, 2016
Premature births associated with air pollution are found to cost the United States a total of $4.3 billion annually in medical costs and lost economic productivity. The findings add to the growing body of research on air pollution's harsh effects on health and the economy.
Life March 31, 2016
The Gross Domestic Product in the United States went beyond estimates because of fairly strong consumer spending, even though there were drags from exports and capital spending.
Money March 27, 2016
Brexit may take a toll on the UK economy, a report found. Leaving the European Union will cause the UK to lose nearly 1 million jobs and £100 billion in funds.
Money March 21, 2016
For the third straight year, Singapore is still hailed as the world's most expensive city by the Economist Intelligence Unit. Meanwhile, New York City climbed the list from 22nd to seventh.
Society March 11, 2016
Paris economy is now under a lot of pressure after the attacks that killed more than a hundred people. Oil and stock prices are predicted to drop but experts said it would not last long.
Society November 15, 2015
Apart from climate change causing a rise in sea levels and doing irreversible damage to the nature around us, a new study highlights the fact that climate change could have an effect on the global economy.
Earth/Environment October 25, 2015
Researchers found that climate change could negatively impact the economy as well. While some countries in the world may benefit from it for an unknown length, most countries, like the U.S., are at risk of economic shrinkage by as much as 36 percent.
Earth/Environment October 24, 2015
In a not so typical report, a former delegate of the Intergovernmental Panel on Climate Change wrote about the unnoticed positive effects of carbon emissions. He said that global warming may benefit not only humanity, but the economy and nature as well.
Animals October 14, 2015
The MERS outbreak is taking its toll on the South Korean economy prompting the government to pass a stimulus package of over 15 trillion won, or $13 billion.
Life June 25, 2015
When an economy does down it increases the number of suicides. The suicide rate in mid-aged Americans has increased by 40 percent since 1999.
Life February 28, 2015
A study has found a direct correlation between a country's economic standing and the types of content its P2P users share. Countries with a high GDP share smaller files like music, while poorer countries share larger files, such as high-definition movies.
Internet Culture October 11, 2014
The International Monetary Fund reports that China has finally overtaken the U.S. as the world's largest economy. Well, not really when the more conventional market exchange rates are used.
Internet Culture October 9, 2014
Statistics reveal that most of the American adult population is choosing to stay single. The trend suggests that single Americans can greatly influence economics, society and politics.
Internet Culture September 10, 2014
A new Cambridge study suggests that countries with booming and successful economies are rapidly losing languages, specifically those of indigenous peoples, faster than countries with less economic growth and success.
Internet Culture September 3, 2014
On the heels of the Greek Health Ministry shuttering the country’s outpatient clinic network for a month, researchers from the University of Cambridge have revealed evidence that the country’s flailing economy is negatively impacting the health of its citizens.
Life February 22, 2014