The US job market has shown signs of strain, with unemployment figures rising and job growth slowing down. But is this a precursor to a larger economic downturn, or just a temporary blip in the radar? Let's dive into the numbers and the sentiment to uncover the story behind the statistics.
The Federal Reserve's recent two-day policy meeting has left many wondering about the implications of a potential September rate cut. Joining us to decipher the Fed's statement is Mike Musio of FBB Capital Partners. What does the shifting tone from inflation to unemployment signify, and how will this affect consumers and the economy?
Have you ever wondered what happens when a nation's youth feel their future is being hijacked by a discriminatory system? In Bangladesh, this very question has sparked a revolution. The Supreme Court's recent ruling to scrap most government job quotas has ignited widespread protests, turning the streets into a战场 of voices demanding justice. But what's really at stake?
In the intricate ballet of macroeconomics, few concepts have been as captivating and as debated as the Phillips Curve. Named after economist A.W. Phillips, this curve purports to illustrate an inverse relationship between unemployment and inflation. Today, we delve into its origins, its evolution, and its relevance in the modern economic landscape.
In a groundbreaking move, Bangladesh's Supreme Court has declared the majority of government job quotas null and void, a decision that has far-reaching implications for the nation's socio-political landscape. This judicial action has not only sparked a wave of student-led protests but has also claimed at least 114 lives, casting a dark shadow over the South Asian country. The question that lingers is: how did a system designed to provide opportunities turn into a catalyst for such unrest?
On Saturday, the streets of Daka were patrolled by soldiers as the Army imposed a curfew in Bangladesh. The government is attempting to quell student protests that have become increasingly violent and deadly over recent days. Since Thursday, the country has been cut off from the world, with internet and text messaging services shut down. But the demonstrations have continued, in spite of a ban on public gatherings. Hospital data reveals that the clashes have killed over 100 people and injured thousands. As the death toll climbs, the government has taken drastic measures.