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The Young Economist

Tag: Brent crude

Written by neoseconomist25th August 202226th August 2022

Why have interest rates gone up?

*This is the first of a series of blog posts that will help you understand some of the key economics topics and the impact they have on our day to day lives The Bank of England is the UK’s central bank. The job of the bank is to maintain an inflation rate of 2%. The […]

Written by neoseconomist6th April 20216th April 2021

How a ship the size of the Empire State building shocked the Global Economy

The Ever Given (a ship owned by the Evergreen shipping line), one of the world’s largest cargo ships, was passing through the Suez Canal on its way to Rotterdam from Malaysia when it became stuck and blocked the canal on the 23rd of March 2021. The ship ran aground diagonally after losing the ability to […]

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