The Money Issue

Hong Kong Protests Raise Concerns on Foreign Investment

Hong Kong Protests Raise Concerns on Foreign Investment

By ERICA SLOAN The people of Hong Kong have been living an unfulfilled promise for democracy since 1997, when the British returned their nation to China as a special administrative region.  At the time of the transfer, the Chinese government confirmed in the Sino-British Joint Declaration that a democratic system would eventually be implemented in Hong Kong; no such system […]

by · December 20, 2014 · 0 comments · The Money Issue
The ISIL Business Model

The ISIL Business Model

By RASHI NARAYAN By now, everyone is mostly familiar with the Islamic State of Iraq and the Levant, otherwise known as ISIL. However, many are unaware to how they actually stay afloat. How is this terrorist organization able to fund its estimated 31,000 fighters and take over massive tracts of territory? ISIL has a few main “commodities” in order to […]

by · December 20, 2014 · 0 comments · The Money Issue
Counterterrorism’s Big Business

Counterterrorism’s Big Business

By MARGAUX BAVILSIK In a video released by Osama bin Laden in 2004, the orchestrator of the 9/11 terrorist attacks claimed that “al Qaeda spent $500,000 on the event [9/11]…while America, in the incident and its aftermath, lost–according to the lowest estimate–more than $500 billion” (see the transcript here). $500,000–the price of a particularly nice house (or a couple of […]

by · December 20, 2014 · 0 comments · The Money Issue
Failings of Corporate Accountability in Nigerian Oil Production

Failings of Corporate Accountability in Nigerian Oil Production

By LAINEY SCHMIDT In 2011, after a three year investigation, the United Nations Environmental Program produced a report detailing the consequences of the contamination by Shell oil company in an area of Nigeria called Ogoniland.  Though oil operations ceased in 1993 (Shell was driven out of the area because of the pollution and failure to assist the region), little has […]

by · December 20, 2014 · 0 comments · The Money Issue
The Boom of Medical Tourism

The Boom of Medical Tourism

By JESS  THEA Tourism is an evolving global movement that has taken many forms. Traditional tourism, the idea of travelling abroad, has always been on our radar. However, new trends have flourished recently, including “voluntourism,” the idea of doing community service projects abroad, and “medical tourism,” the idea of travelling to foreign nations for medical reasons. Medical tourism last year, […]

by · December 20, 2014 · 0 comments · The Money Issue
Modern Hegemony as China Expands its Reach

Modern Hegemony as China Expands its Reach

By CONOR HAMMOND Hegemony has taken many forms—in 1492 it meant ruling over vast swaths of gold encrusted Central America, in 1607 it meant controlling the fertile woodlands of the Atlantic coast, in 1789 it meant absolute rule of the old world, in 1885 it meant well placed colonies spanning a quarter of the globe. As the world entered the […]

by · December 20, 2014 · 0 comments · The Money Issue
The Economics of Ebola

The Economics of Ebola

By AVI RUBIN Amidst all the media attention and interest in the recent outbreak of Ebola in West Africa and its appearance in the United States, one of the important consequences of this deadly outbreak has been overlooked: the drastic economic effects for the countries distressed by this disease. Earlier this week, leaders from 20 different countries with large economies […]

by · December 20, 2014 · 0 comments · The Money Issue
Community Development Builds Climate Change Resistance in Kiribati

Community Development Builds Climate Change Resistance in Kiribati

By JANICE CANTIERI TARAWA, Republic of Kiribati—“The biggest question we are facing is whether it makes sense to spend resources on development for a country that will be underwater,” said Kiribati President Anote Tong. Kiribati’s president spoke on the challenges of meeting his people’s basic needs while also mitigating the destruction associated with rising sea levels at a meeting for […]

by · December 20, 2014 · 0 comments · The Money Issue
The Argentine Debt Crisis and its Effects on Global Finance

The Argentine Debt Crisis and its Effects on Global Finance

By HENRY CUMMINGS On June 26th, 2014, a US supreme court decision pushed Argentina into it’s second default of the decade, as the New York market held out on it’s hedge funds purchased by Argentina back in 2001. Argentinian president Cristina Kirchner furiously responded, demanding repayment at the face value of these bonds that they bought on the secondary market […]

by · December 20, 2014 · 0 comments · The Money Issue
From Ineptitude to Tragedy: Economic Freedom in Venezuela

From Ineptitude to Tragedy: Economic Freedom in Venezuela

By ADRIEL MARTINEZ Currently ranked as 175th, out of 178, in the 2014 index of economic freedom, Venezuela has one of the worst climates for economic and civil rights freedoms. Venezuela has been suffering from governmental corruption, oppression, hyperinflation, and violence for over two decades. First under the charismatic Hugo Chavez and now under his hand-picked lap dog, Nicolás Maduro. […]

by · December 8, 2014 · 0 comments · The Money Issue