Michael Learmonth
Bio
Economist. Owner of economic blog www.globaltribune.net Write on economic and trade topics. I hold my conferences on the topics - agriculture, construction, timber industry, renewable energy etc.
Stories (2)
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Is the world ready for a universal basic income?
In recent years, the idea of introducing a universal basic income has been actively discussed in various countries. In the first case, the state pays the assigned amount to all citizens regardless of their financial standing and labor status. In the second case, only residents who meet certain criteria, for example, those who have an income below the national average, receive payments.
By Michael Learmonthabout a year ago in Humans
New Year's predictions
In an elaborate foresight exercise for the year 2024, Saxo Bank unfolds a narrative that envisions a plethora of potential global transformations. This intricate forecast contemplates the ramifications of oil prices surging to an unprecedented $150 per barrel, a scenario that could catalyze a substantial reconfiguration of Saudi Arabia's economic landscape. The kingdom, leveraging its heightened oil revenues, might pivot away from its traditional reliance on oil revenues, fostering a burgeoning landscape in tourism and entertainment. Intriguingly, the prospect extends further into the realm of sports as Saxo Bank experts postulate Saudi Arabia's acquisition of the prestigious UEFA Champions League. Such a move could herald the transformation of this elite football tournament into a global competition, with Riyadh poised as a pivotal hub for the unfolding drama.
By Michael Learmonth2 years ago in Trader
