Excerpt from the IMF Blog's article:
"In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226 trillion as the world was hit by a global health crisis and a deep recession. Debt was already elevated going into the crisis, but now governments must navigate a world of record-high public and private debt levels, new virus mutations, and rising inflation."
The inflation rate is rising globally due to Covid-19 endemic. Every central bank has responded by either raising interest rates or committing to raising them in the immediate future. Since September, Turkey has cut interest rates by four percentage points from 19% to 15%, The lira has now lost nearly 40% of its value since the beginning of the year. More of the story here.
Excerpt:
This article is written in 2016. Now in 2021, we have Samsung Galaxy Z Fold3 5G. Solar panel is everywhere and Big Data is King.
Have you heard of Gene Editing?
Image credit - UNCTAD Technology and Innovation Report 2021
This article from the LSE Impact Blog conveys my thought. Doing a Book Review is time consuming, but it is worthwhile.
Excerpt:
"In a piece for a collection on The Craft of Knowledge, Les Back has recently suggested that reading is ‘companionship in thought’. The book review is one expression of that companionship, while also being an expression of our companionship with our fellow thinkers. For this reason, along with the others I’ve suggested here, I think we need to actively defend the writing of book reviews. Perhaps we should approach book reviews as a very minor form of resistance: a space in which we declare our interest in the value of knowledge, debate and dialogue; a space that we use to put a notion of collective knowledge ahead of the pressure for individualised contributions. The book review presents us with an opportunity to show that we value the things that might otherwise be lost in the logic of the systems that govern our research. We may even find that by defending the book review, the other aspects of our work might be enriched anyway."
Image credit - The Book Commentary
Since people are lockdown and taking-up new hobby, gardening is one of the option. Then the extra fruits and vegetables need to be canned.
We have a new shortage trending. The Mason Jar. The lid, actually. Read the full story here.
Image credit - Pinterest.
More on the story of edible rice straw of Coffee Bean & Tea Leaf here.
Image credit - Shopee Malaysia
Rising food prices in Brazil since 2020, exacerbated by Covid-19 pandemic. Full story here.
Before the pandemic, a pack of rice cost less than USD2 in Brazil. In 2020, it costs USD 7.50
I was looking for water filters due to the recent situation. Come across the following Zen Garden Oasis youtube (21 min). It is super helpfu...
