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Patient Capital, Long-term Attitudes and Global Inequality: A Controversy Beijing, China. Image by Fotokon via Shutterstock. Written by Yan Wang The world economy in early 2026 is facing an escalating conflict in the Middle East that is causing humanitarian and energy crises. In terms of economics, although there is agreement that global inequality is increasing, … Read more
![A series of petrol stations in Kandy, Sri Lanka [Ashkar Thasleem/ Al Jazeera]](https://luzeb.com/wp-content/uploads/2026/03/Sri-Lanka-is-preparing-for-new-economic-challenges-as-the.jpg)
Kandy, Sri Lanka On a sunny March day in the hill town of Kandy in central Sri Lanka, Keerthi Rathna waited in a snaking line to buy her share of petrol for her three-wheeled tuk-tuk. The amount he was allocated by the government was 20 liters (about 5 liters) per week. In the past, Rathna … Read more
Federal Treasurer Jim Chalmers has committed to tax reform in his next budget, but added that no decision has been made on whether capital gains tax will be part of those changes. Speaking to the ABC’s Alan Kohler in the first episode of his That’s Business podcast, Mr Chalmers said of his upcoming May 12 … Read more
Shauneen Miranda (via Missouri Independent) Louisiana GOP US Sen. Bill Cassidy, chairman of the Senate Health, Education, Labor and Pensions Committee, speaks during a hearing March 26, 2026, in Washington, DC (Screenshot from the committee’s webcast) WASHINGTON – Mikayla Pivec said she worked more than 50 hours a week as a women’s college basketball player … Read more
In recent years, there have been many warnings about the fragility of New Zealand’s largely imported oil supply. Now, drivers are seeing the cost of that accident at the pump. Nationwide, gasoline is over $3.30 a liter on average. On Auckland’s Waiheke Island, residents protested after prices at the local station exceeded $4 a litre. … Read more
Economists are growing more cautious about the economic situation as the conflict in Iran continues. Moody’s Analytics raised its recession outlook for the next 12 months to 48.6%, in line with Goldman Sachs, which now predicts a 30% risk of recession, and EY-Parthenon, which puts the chances of a recession at 40%. The underlying probability … Read more
BEIRUT – Amid the conflict in Iran, oil production facilities and shipping lanes – namely the Strait of Hormuz – have been targeted, disrupting the local and global economy. Imports such as natural gas from Qatar and the United Arab Emirates, as well as oil from Kuwait, Bahrain, Saudi Arabia and the UAE have experienced … Read more
Federal Reserve Chairman Jerome Powell last week pushed back when asked if the recession poses a threat to the US economy. His successor may face a tough challenge, as Wall Street analysts raise their expectations of a recession, brought on in part by the Iran war and the possibility of higher prices. In recent days, … Read more
MAXWELL AIR FORCE BASE, Ala. — — Air Force One researchers are exploring how space-based solar power can help the Air Force maintain operations in contested areas. As the Joint Force prepares for competition against capable adversaries, sustained forces and assets remain critical to maintaining operational access, survivability, and decision advantage. … Read more
This featured article is based on a conversation with Carl Murawskia 44-year-old business professional and content creator who lives in Connecticut. Edited for length and clarity. I am a licensed electrician, construction contractor, and YouTuber who teaches my audience why crafts are the future. I have an Associate’s degree in general studies, Connecticut E2 electrician’s … Read more