The sovereign debt of the United States or the U.S. national debt represents all of the debts owed by the American federal government to different […]
Author Archives: Mathew Emmanuel Pineda
Contributions and Legacy of Yuan Longping: The Father of Hybrid Rice
Nature, one of the leading multidisciplinary science journals, describes him as a “crop scientist whose high-yield hybrid rice fed billions.” True enough, for his contributions […]
The Relationship Between Corruption and Poverty
Corruption leads to poverty. Poverty also promotes corruption. These two phenomena create an interlocking and self-reinforcing loop that supplements and sustains each. The vicious cyclical […]
How Does Starbucks Earn From Its Starbucks Card Business?
It is easy to comprehend the incontestable fact that Starbucks generates most of its revenues from the operation of the thousands of its stores located […]
What Would Happen if the U.S. Defaulted on Its Debt?
The government of the United States borrows money to meet its various financial obligations during periods of cash shortage. These include financing its operations, managing […]
Ecuador-Chevron Legal Battle: Background and Court Decisions
The Ecuador-Chevron dispute is a legal battle between Ecuador and Chevron that has spanned for more than a decade and has been characterized by a […]
How Tariffs Drive Price Hikes and Can It Cause Inflation?
Tariffs are one of the most common protectionism policies. Raising import duties on certain goods to make them more expensive can encourage the domestic consumption […]
The Public Should be Blamed for the Rise of Dictators and Fascists
The Philippines staged the People Power Revolution from 22 to 25 February 1986 and showcased to the world that dictators can be toppled through sustained […]
Reasons Why the United States Has a Trade Deficit
The first recorded trade surplus of the United States dates back to the 1800s when it was exporting raw materials like cotton and tobacco and […]
The Problem With the Work-Biased American Welfare System
Developed countries like Finland, Denmark, Norway, and Sweden have welfare systems focusing on providing generous, accessible, and often unconditional support to people without work. These […]