Entries by Jennifer Philipp

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How Bitcoin in Honduras is Aiding its Economy

Honduras has one of Central America’s most robust and fastest-growing economies. Still, there is no doubt that the nation has had its fair share of economic strife. In April 2022, a heavily tourist-populated region nicknamed “Honduras Prospera” legalized the use of Bitcoin and other forms of cryptocurrency. Honduras Prospera will serve as a trial for […]

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Everything to Know About Poverty in Lebanon

It has been almost three years since Lebanon, previously labeled as the “Switzerland of the Middle East,” began to slowly drown in poverty. As the ESCWA report stated, 82% of the Lebanese and non-Lebanese population lives in multidimensional poverty while 40% of them live in extreme multidimensional poverty. Those numbers result from an unprecedented economic […]

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Aviro Health in South Africa 

In 2015, a quarter of the global disease cases existed in the sub-Saharan region of Africa. Yet, only 3% of the world’s doctors reside in this region. Access to health care is crucial in maintaining a functioning society. Aviro Health, a company based in Cape Town, South Africa, is extending accessible health care and information […]

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Sheep Farming in the Sahel Region

The Sahel region of Africa, a semi-arid region of western and north-central Africa, farms sheep, often prizing them as a rich source of income. Sheep livestock farming generates significant income because the sheep thrive in all environments, and the demand in Africa is high. The benefits of sheep farming in the Sahel region re-present themselves […]

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How Cold War Bombs Affect Laos Today

Laos, known as the Lao People’s Democratic Republic, is the only landlocked country located in Southeast Asia. It shares borders with Thailand, China, Myanmar, Cambodia and Vietnam. The United States dropped 270 million cluster bombs in Laos during the Cold War and the War in Vietnam. In total, U.S. “Cold War bombs” have killed or […]

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How Sanctions Can Increase Poverty

Economic sanctions aim to inflict economic harm on a targeted country, select industries within it or organizations or specific individuals with the intended goal of changing that entity’s malign behavior. For one to deem a sanction regime effective, it must inflict economic harm and subsequently change the targeted state’s behavior. As a result, sanctions can […]

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Unemployment in South Africa Soars

Unemployment in South Africa reached new highs at the end of 2021, equating to more than 7.9 million individuals between October and December 2021. Typically, high unemployment rates spur predictions of economic decrease and little mobility for the coming fiscal year. The finance ministry expects South Africa’s economic growth rate to reach 2.1% in 2022, […]