Business

How Turkey and Saudi Arabia became frenemies – and why the Khashoggi case could change that

Things between Saudi King Salman and Turkish President Erdogan have become rather tense. AP Photo/Burhan Ozbilici Nader Habibi, Brandeis University The Oct. 2 disappearance of Saudi Arabian journalist Jamal Khashoggi at his country’s consulate in Istanbul has put a spotlight on the deteriorating relations between Turkey and the Persian Gulf kingdom. Articles based on anonymous accounts from Turkish officials report …

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Five reasons why the four-day week won’t work

Will it stand up? Randy Fath/Unsplash, CC BY-SA Wim Naudé, University College Cork The four-day working week continues to gain momentum, with pilots taking place in the UK, Ireland, US, Canada and Australia. Over six-month periods between February and November, employees at participating businesses are working only 80% of their time but still receiving 100% of their salary and benefits. …

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Five reasons why the four-day week won’t work

Will it stand up? Randy Fath/Unsplash, CC BY-SA Wim Naudé, University College Cork The four-day working week continues to gain momentum, with pilots taking place in the UK, Ireland, US, Canada and Australia. Over six-month periods between February and November, employees at participating businesses are working only 80% of their time but still receiving 100% of their salary and benefits. …

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Ukraine war and anti-Russia sanctions on top of COVID-19 mean even worse trouble lies ahead for global supply chains

Supply chains were already in disarray thanks to overcongested ports, as in Los Angeles. AP Photo/Damian Dovarganes Tinglong Dai, Johns Hopkins University Francis Fukuyama, the American political scientist who once described the collapse of the Soviet Union as the “end of history,” suggested that Russia’s invasion of Ukraine might be called “the end of the end of history.” He meant …

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Helping Ukrainians means listening to their needs – 3 lessons for aid groups from Syria’s war

Millions of Syrians remain displaced from the conflict that began in 2011. Delil Souleiman/AFP via Getty Images Kimberly Howe, Tufts University and Elizabeth Stites, Tufts University The massive flow of international support for Ukraine since Russia first invaded in February 2022 includes billions of dollars in military and humanitarian aid from dozens of countries. We hope that the Russia-Ukraine war …

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Why a new eurozone crisis now looks a distinct possibility

Muhammad Ali Nasir, University of Leeds The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by 0.25 points to 0.25% for lending and -0.25% for deposits, with plans for another rise at the next meeting …

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New USB-C charger rule shows how EU regulators make decisions for the world

New EU rules will establish a common charger for all devices. Shutterstock Renaud Foucart, Lancaster University Have you ever borrowed a friend’s charger only to find it is not compatible with your phone? Or wondered what to do with the pile of cables you’ve accumulated from every device you’ve ever bought? Such inconveniences will soon be history after the EU …

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Food prices: how countries are using the global crisis to gain geopolitical power

Sarah Schiffling, Liverpool John Moores University y Nikolaos Valantasis Kanellos, Technological University Dublin Twenty million tonnes of grain are currently stuck in Ukrainian silos, exacerbating the global food crisis sparked by Russia’s invasion of the country. Aside from the need to get the grain onto world markets, freeing up storage space will be crucial to make room ahead of the …

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Military history is repeating for Russia under Putin’s regime of thieves

Tony Ward, The University of Melbourne In explaining the reasons for Russia’s unexpected military weakness in Ukraine, few have expressed it better than The Economist. The magazine noted “the incurable inadequacy of despotic power” and “the cheating, bribery and peculation” that is “characteristic of the entire administration”. Peculation means embezzlement. It’s a word rarely used nowadays; these words were in …

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