The coal used for electric batteries in Tesla cars makes them worse for the environment than gas-fueled cars in some areas. High minimum wages in 2013 caused an estimated 700,000 jobs to be lost. The real world is fickle.
Tag: economics
A Modern Traders’ Route
The New Silk Road is China’s latest and most ambitious attempt to foster economic relations: two proposed trade routes, one sea-based and one land-based, that seek to integrate Central and South Asian economies with China and Europe. The Maritime Silk Road makes stops in South Asia before it circles over to Nairobi and then, throughout Europe. […]
Against All Odds
The two main political parties of Bangladesh are in an open war with each other. Prime Minister Sheikh Hasina of the Awami League leads a campaign of suppression against the opposition, the Bangladesh Nationalist Party (BNP), arresting several prominent BNP members and placing BNP leader Khaleda Zia under house arrest. (The Awami League won the […]
