by Jonathan Thatcher | 12 Jul 2021 | Asia, Economy, Educators' Catalog, Health and Wellness
The world’s fourth most populous nation, Indonesia is struggling to keep fast-spreading COVID-19 from undermining its economic growth prospects. A man falls to the ground during the burial of a relative who died of COVID-19, Jakarta, Indonesia, 7 July 7 2021....
News Decoder aims to spotlight regions of the world that often don’t make the headlines. With an estimated 270 million people, Indonesia is the fourth most populous country after China, India and the United States. Correspondent Jonathan Thatcher, former Jakarta bureau chief for Reuters, draws our attention to the devastating impact of the pandemic on the island nation and why it matters. His article explains how COVID-19 tore through the country, stalling economic growth, and warns of the potential long-term impact on youth employment — what he calls “an especially frightening prospect.”
Exercise: Ask students how they think the pandemic will impact economic opportunity for young people in their country.
by Alan Wheatley | 7 Jul 2021 | Economy, Human Rights, Politics, World
The gap between rich and poor in many nations is widening. But stock markets are not the culprit. Here’s what can be done to curb economic inequality. Demonstrators call for a $15 per hour minimum wage in the United States, Washington, DC, 19 May 2021. (AP...
by Bernd Debusmann | 21 Jun 2021 | Decoders, Economy, Educators' Catalog, World
The world’s population is aging. How are we to pay for the pensions and healthcare of a burgeoning number of elderly? Elderly exercise with wooden dumbbells in Tokyo, Japan, 16 September 2019. (EPA-EFE/FRANCK ROBICHON) Call it baby bust and oldster boom — two...
Population growth has long been seen as a threat to humanity, and government efforts to limit births have either failed (India) or led to imbalances and inequities (China). Bernd Debusmann takes a look at the problems that a slowing rate in population growth poses for societies — problems that younger generations will need to manage in coming decades. Global aging will require tough decisions so societies can support the elderly — decisions your students will be asked to make.
Exercise: Ask your students to examine their country’s demographic trends and to compare its policies with those pursued by nations with a similar demographic outlook.
by Sadie Dyson | 29 Apr 2021 | Americas, Art, Culture, Economy, Health and Wellness, Hewitt, Student Posts, Youth Voices
Art and culture are integral to New York’s economy and sense of community. COVID-19 has hit the sector and its people hard. The Metropolitan Museum of Art Upper East Side, Manhattan. Circles spaced six feet apart, marking where people were to stand while waiting...
by Richard Hubbard | 27 Apr 2021 | Asia, China, Economy, Politics
China is punishing an “antagonistic” Australia with trade sanctions that many view as a test of Beijing’s geo-economic muscle. A man shops for Australian wine in Shanghai, China, 8 December 2020. Two days later, China imposed new import duties on...
by Emma Stokic | 21 Apr 2021 | Economy, Politics, St. Andrew's, Student Posts, Youth Voices
The U.S. minimum wage has not changed since 2009. Joe Biden wants to raise it to cut poverty. Opponents say a rise would hit business. Who’s right? Activists appeal for a $15 minimum wage in Washington, DC, 25 February 2021. (AP Photo/J. Scott Applewhite) A...
by Xenia Minton | 2 Apr 2021 | Economy, St. Andrew's, Student Posts, Youth Voices
U.S. colleges can cost a lot, and many students take on debt. Is it really worth it, financially, to pay all that money for higher education? Let’s see. (Federal Reserve Bank of New York) It’s the time of year when millions of students in their last year...
by Tiziana Barghini | 24 Mar 2021 | Economy, Europe, Government
For the fourth time in three decades, a divided Italy has named a technocrat as its leader. Is Mario Draghi a model for nations shouldering huge debts? Street art depicting Italian Prime Minister Mario Draghi dressed as a magician pulling a rabbit out of the hat,...
by Betty Wong | 3 Mar 2021 | Decoders, Economy, World
Does a battle over GameStop shares that has pitted defiant online investors against big Wall Street firms mean we’re in a stock market bubble? GameStop logo and stock market symbols, 29 January 2021 (AP/STRF/STAR MAX/IPx 2021) There’s been a lot of news lately...
by Jeremy Solomons | 5 Feb 2021 | Economy, Educators' Catalog, Health and Wellness, Human Rights, World
COVID-19 vaccination programs are moving slowly in poor nations, threatening the world’s health and raising risks for rich countries’ economies. From ourworldindata.org Sometime very soon, the world will reach a significant milestone in its battle to...
As nations struggle with the terrible health and economic consequences of COVID-19, the rush is on to roll out vaccines to as many people as possible. Leaders of developed economies might be excused for protecting their citizens above all — if it didn’t mean leaving out masses of people in the Global South. Jeremy Solomons taps official data and experts to spell out the dangers for both poor and rich nations alike if steps are not taken to ensure vaccines reach the four corners of the world. Ask students how they would ensure the equitable distribution of COVID-19 vaccines — and whether they would be willing to help pay for it.
