Struggling New York City Restaurants to Continue Outdoor Dining

By Natalie Hughes

It’s no secret that the COVID-19 pandemic has caused New York City residents and businesses to flee the area. As of September 2020, more than 5,000 businesses have permanently closed while real estate listings are up 87% from last year. According to Eater New York, nearly 1,000 (and counting) restaurants and bars have closed. Although it’s difficult for patrons to remain socially distant while eating, it’s even harder for restaurant owners to expand their outdoor seating options given the narrow New York City sidewalks and bustling city streets. Unfortunately no change will come, at least for the time being. Two weeks ago New York City mayor Bill de Blasio announced that the pandemic-era outdoor dining program will stay in place until further notice.

Brazil: A Reflection of Latin America

By Ignacio Garcia Conway

During the late 20th century, Brazil’s story was not very different from that of the rest of Latin America. As the 1980s began most South and Central American countries, along other developing nations of the world, faced stagnant economies with high levels of inflation. The Mexican default in 1982 augmented monetary pressures throughout the region, leading to the loss of Brazil’s access to foreign financial markets. By 1985 one thing was clear: economic and fiscal reform was necessary.

Every Man for Himself: Greco-Russian Relations Heighten Tension with EU

By Grace Shi

Greece became the epicenter of the European debt crisis in October 2009, when it announced that it had been understating its budget deficit for years.

Fashion Friend or Deadly Foe

By Catherine Wei

The world has never seen anything like this before. These revolutionary machines have changed society’s preconceptions of innovation by lowering production costs and increasing mass customization. They surpass traditional manufacturing processes and have become applicable to any field ranging from medicine to fashion. The gamechangers: 3D Printers.

Making Sense of the Syrian Civil War

By Issac Greenwood

Since its onset over four years ago, the Syrian conflict has claimed over 250,000 lives and forced 11 million civilians to flee as refugees.

Iran Seeks Investment in Post-Sanctions World

By Isaac Greenwood

During his recent visit to the United States to attend the United Nations General Assembly, Iranian President Hassan Rouhani encouraged American private investment in the soon-to-be unrestricted Iranian economy.

Millennium Development Goals

By Sanjana Sethi

In the wake of the last millennium, the United Nations Millennium Project spearheaded a global concerted pursuit to eradicate poverty. Nations and leading global institutions congregated to commit to a series of quantified and time-bound targets that came to be known as the Millennium Development Goals (MDGs).

Any Hope for Afghanistan? With the War Economy Coming to an End, the Taliban is the Least of Afghanistan’s Worries

By Dylan Magee

With the number of U.S. troops in Afghanistan decreasing by tens of thousands each year since 2011, the once stable war economy that was headed by over $130 billion donated by countries across the globe since the Taliban’s fall in 2001 is on the edge of a cliff ready to plummet into another period of rampant corruption and depression.

Open Markets, Closed Doors: The Impending Impact of the Trans-Pacific Partnership

By Hunter Bosson

After nearly a decade in the works, the largest trade deal in history is on track for ratification. Initiated by the Bush administration in 2008, the Trans-Pacific Partnership (TPP) has evolved, largely in secret, into a vast treaty President Obama seeks to make into his crowning achievement.

Taming the Giants

By Sang Hyun Park

Taking the first-class seat on her plane to Seoul late last year, Cho Hyun-Ah ‘99 would not have known that an unopened bag of macadamia nuts would cost her a job and a prison sentence.

The Eurozone Crisis: A seemingly never-ending standoff between Greece and Germany

By Jeffrey Fung

Something that was meant to be a unification of several European nations has now turned into a situation filled with turmoil and confrontations.

A Tale of Two Economies: Veritas non Sequitur

By Shohini Kundu

Merely 30 years ago, Prime Minister Yasuhiro Nakasone announced his desire to transform Japan into an “unsinkable aircraft carrier”. Three decades later, Japan cannot plug the holes of that carrier fast enough to keep it from sinking. Is there a lesson the U.S. can take from Japan?

Empires of the Sun: Expensive Investments, Cheap Oil, and the Future of Solar Power

By Andrew Billiter

In 2007, in response to widespread discontent over Apple’s refusal to divulge any details about the company’s carbon footprint, Steve Jobs penned a letter promising greater transparency and a shift to more sustainable practices across the corporation.

Who Did Well When Oil Tanked?

By Ethan Coy

Navigating the financial markets is all about predicting the future. Yet very few of the brightest minds in finance foresaw the precipitous crash in oil prices that began late last year. Not even Carl Icahn, one of the most respected fund managers in history.

The Future of Food?

By Reed Boehringer

Current agricultural and food consumption practices are unsustainable, and so a new wave of food-technology startups are hoping to reform the way the world eats.

Google Launches Project Fi Wireless Network

By Sang Hyun Park

Google is moving into the $189 billion market for wireless service with Project Fi, a Mobile Virtual Network Operator (MVNO) created in partnership with T-Mobile U.S. and Sprint.

The Shift Away from Fossil Fuel Investments

By Sang Hyun Park

In light of a growing fossil fuel divestment movement, banks and investors are limiting their financial exposure to coalmining companies.

The Chinese Economy

By Andrew Billiter

The Chinese economy posted disappointing growth figures again earlier this week, continuing the trend of slowing economic growth reported since 2012.

Oil Prices

By Andrew Billiter

The price of crude oil, seemingly stabilized after a lengthy period of precipitous decline, dropped again to $43 a barrel last week as global production continued mostly unabated, prompting the International Energy Agency to issue a warning that current oil storage capacity is reaching its limit.

Apple joins the Dow Jones Industrial Average

By Sang Hyun Park

S&P Dow Jones Indices announced that Apple will join the Dow Jones Industrial Average on March 19, replacing telecommunications giant AT&T Inc. A planned stock split by Visa Inc. this month reduced the information technology-sector weighting of the Dow, clearing the way for Apple’s inclusion.