by Stuart Grudgings | 7 Dec 2021 | Decoders, Economy, Educators' Catalog, Environment, Technology
They can fluctuate wildly in value. They can be hard to spend. They devour energy. But crypto currencies are here to stay and will surely bring changes. Photo by STRF/STAR MAX/IPx 2021 1/21/21, courtesy of AP Photos In the past few weeks, an iconic Los Angeles sports...
News Decoder is committed to explaining, in simple terms, complicated stories that appear over and over on front pages and in news broadcasts. For lack of time, money and space, most mainstream news organizations don’t take the trouble to explain the background to complicated issues and assume readers and viewers understand why the story matters. How many of us say to ourselves when running across a story on crypto currencies: “I need to educate myself about these things because they are not going away.” In his decoder, Stuart Grudgings explains how crypto currencies emerged, how they work and why they are with us to stay.
Exercise: Ask students to debate whether crypto currencies will eventually replace traditional money.
by Sarah Edmonds | 8 Sep 2021 | Decoders, Economy, Educators' Catalog, World
Many nations’ economies are bouncing back from COVID-19, putting upward pressure on prices. The jury’s out on whether inflation is back to haunt us. Signs advertising jobs in Harmony, Pennsylvania, 21 May 2020. Increased economic growth in some economies...
Inflation can be a challenging topic to understand. What exactly is it, why is it important and is it really all that bad? Correspondent Sarah Edmonds brings her economics expertise to this decoder that unpacks the link between the prices of goods and services and the value of your money, and shows how consumer expectations as economies rebound could lead to an inflationary spiral.
Exercise: Ask students to compare the average price of goods in their city, such as food, gas or a new car, with average local wages since the pandemic began in March 2020. How have they changed (or not)?
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 Tiziana Barghini | 21 Aug 2019 | Economy
Power-hungry politicians are piling pressure on central banks to do their bidding. But short-term meddling only erodes long-term stability. U.S. President Donald Trump (R) with Federal Reserve Board Chairman Jerome Powell, Washington, 2 November 2017 (AP Photo/Pablo...
by Simon Youel | 8 Aug 2019 | Environment
Should central banks actively fight climate change? A UK non-profit disagrees with News-Decoder correspondents and says “absolutely!” Demonstrators in front of the European Central Bank, Frankfurt, Germany, 24 May 2019 (EPA-EFE/Armando Babani) In this...
