Decoder: Why you should be interested in interest rates now

Decoder: Why you should be interested in interest rates now

Inflation is one of the biggest worries for Gen Z and Millennials. Here’s why you need to care about rising interest rates — and what you can do. A tip box is filled with dollar bills, New York, 3 April 2019. (AP Photo/Mark Lennihan) For the first time in more...

On the same day the U.S. Federal Reserve raised interest rates by another 0.75%, News Decoder correspondent Sarah Edmonds delivered a decoder breaking down an economic issue that has an impact on us all, especially young people. Using engaging and informative language, Edmonds walks the reader through the history of interest rates, how we got to the position we’re in now and what options lie ahead. In a time when nearly half of Gen Z and Millennials live paycheck to paycheck, this decoder provides concise advice for smart financial planning.

Exercise: Ask students to look up the average cost of a house and the average interest rate in the year they were born. How does that compare to today’s averages?

The Sri Lanka paradise I have known is now a bankrupt island

The Sri Lanka paradise I have known is now a bankrupt island

My family can barely make ends meet amid runaway inflation and shortages of foodstuffs. No wonder Sri Lanka has kicked out a corrupt ruling clan. Protesters take over the office of Sri Lankan Prime Minister Ranil Wickremesinghe, demanding he resign, Colombo, Sri...

News Decoder correspondent Feizal Samath provides an on-the-ground glimpse of life in Sri Lanka following months of inflation, essential shortages and protests that led to the ouster of the president and the ruling clan. Samath gives context to a situation that many outside of the region ignored until images of protestors storming the presidential palace flooded the media. By painting a picture of his own challenges in procuring fuel and everyday foods, Samath puts readers in the shoes of those whose lives have been disrupted by turmoil. 

Exercise: Ask students to imagine a part of the world different from their own and write a first-person narrative of what life looks like for a teenager there. How do the political and economic realities impact their family, their schools or their daily routines?

Immigrants: Often mistreated but crucial for our economies

Immigrants: Often mistreated but crucial for our economies

Immigrants around the world often face discrimination. But they can help drive economic growth and in my country are among the best educated. Protesters in Zurich demonstrate against an initiative that would limit the number of migrant workers in Switzerland, 9...

Many students have strong convictions about issues, so strong that their perspective can be clouded. So we encourage students to base their reporting on solid data and authoritative sources. In her story about immigrants in Switzerland, Nina Bugajska of Realgymnasium Rämibühl in Zurich cites a global polling company, a German data specialist, the Swiss federal statistics office and a Swiss consulting company, and she interviews a university professor, giving her a solid foundation for her look into the important role that immigrants play in Switzerland’s economy. Immigration is a topic that is easily manipulated by political demagogues, making Bugajska’s story a valuable contribution to clear thinking.

Exercise: Ask your students to choose a controversial topic and then find authoritative data, relevant to the issue, that is collected by official authorities, academics or private companies. They should then summarize what the data says about the issue.

Economy