The United States faces a potentially catastrophic default on 2 August, when it will no longer be able to pay its bill without a Congressional deal to raise its borrowing limit, reduce spending or raise taxes. Ryan Bachoo, a 21-year-old Commonwealth Correspondent from Trinidad and Tobago,  fears Obama is to blame for not aggressively tackling …

“Obama may be fighting a battle that could go down to the last day” Read More »

The United States faces a potentially catastrophic default on 2 August, when it will no longer be able to pay its bill without a Congressional deal to raise its borrowing limit, reduce spending or raise taxes. Ryan Bachoo, a 21-year-old Commonwealth Correspondent from Trinidad and Tobago,  fears Obama is to blame for not aggressively tackling …

"Obama may be fighting a battle that could go down to the last day" Read More »

Bangladesh faces serious economic consequences from ongoing political unrest, writes Asif Reza Akash, 22, a Correspondent from Dhaka in Bangladesh, who says strikes are taking a toll in rising prices and lost income. Bangladesh has passed its tenth national parliamentary election under an amended constitution. The previous opposition and major political party BNP and its …

"Political unrest poses dire risk to country's economy" Read More »

The Niger Delta is a a major source of revenue for Nigeria, but as Elijah Elaigwu, 25, a Correspondent from Nigeria writes, the wealth does not benefit residents of the region. He looks at the problems and solutions.  The Niger-Delta is one of the most investment-attractive regions in Nigeria, full of life and natural endowment with …

"Environmental degradation in the Niger Delta" Read More »

The cost of attending the recent Small Island Developing States conference drew criticism from some quarters, but Lyn-Marie Blackman, 27, a Commonwealth Correspondent from Barbados, argues the venture is an investment. ‘Samoa bound’ is the heading of the article which goes on to state that the Barbados government has sent a ten-member delegation to Samoa for …

"Barbadian sentiments about the SIDS conference" Read More »

Inflation and devaluation are hurting Zambia’s economy, writes Mercy Zulu, 24, a Correspondent from Lusaka in Zambia, as she examines factors behind the economic trend. I first moved to the vibrant city of Lusaka, Zambia in 2011 and instantly found myself thrown into an unaccustomed and much larger environment. Travel to my destinations evolved into …

“Chasing the dollar: the plunge of the kwacha” Read More »

Tragedy can teach lessons, writes Jake Elson, 21, a Commonwealth Correspondent from Bunbury in Australia, who argues that governments must learn from economic disasters of the past. We are wrong to believe that the world’s leaders will learn from past mistakes. If they did, Greece wouldn’t be facing collapse, Newfoundland would be an independent nation and …

“The Greek tragedy that must teach a lesson” Read More »

Empowering women will build up society, writes Mercy Zulu, 24, a Correspondent from Lusaka in Zambia, who attended a workshop aimed at supporting women entrepreneurs in the mining industry.  Ghanaian scholar Dr. James E. Kwegyir Aggrey said: “If you educate a man, you educate an individual. But if you educate a woman, you educate a nation.” Despite …

“Women entrepreneurs in Zambia’s mining” Read More »

Jamaica is in a race against the effects of climate change, writes Advira Shand, 25, a Commonwealth Correspondent from Manchester in Jamaica, with impact already evident in health, agriculture and the economy. Jamaica is still awash with national pride and celebration following the 2015 IAAF World Championships where its athletes, led by the famous Usain Bolt, dominated …

“Jamaica’s battle with climate change” Read More »

Investors, consumers and governments are watching the economy for signs of its next turn. Kevin Tan, 19, a Correspondent from Singapore, explores the background and drivers of the most recent changes. Stock markets around the world took a hit in the past week as investors from various financial markets began to sell off their stocks. This …

“Economy lessons: when China sneezes…” Read More »