The Concordiensis

Tensions in the Middle East decrease OPEC’s output target

Abdelrahman Mohamed, World / Business Editor

May 23, 2019

Filed under World

The Organization of the Petroleum Exporting Countries (OPEC) and its allies are set to debate at least two scenarios that would increase oil production beyond current levels. A group of key OPEC producers are going to hold a mee...

The Ivys join a growing trend to teach students about money

Abdelrahman Mohamed, World / Business Editor

May 23, 2019

Filed under World

Universities have not typically focused on personal finance. However, that is starting to change, primarily because of rising debt levels for young Americans and growing anxiety about their economic futures. In April, Harvard Un...

Russian plane crash lands in Moscow, threatening Putin’s aviation dreams

Jonas Lobe, Columnist

May 16, 2019

Filed under World

Vladimir Putin has been looking to enter the civilian airline duopoly since 2006 when, as President, he nationalized United Aircraft Corporation (UAC) and told them to build a commercial jet. UAC began development of a commerci...

Argentine peso continues to underperform virtually every other asset

Jonas Lobe, Columnist

May 16, 2019

Filed under World

In the first four months of 2019, investments have been lucrative. The rally across all asset classes has been broad and powerful – nearly 90 percent of the 70 asset classes tracked by Deutsche Bank have risen this year. An...

Political clashes and protest in Venezuela after Guaidó speech

Akriti Dhasmana, Contributing Writer

May 12, 2019

Filed under World

The political standoff in Venezuela has escalated to unprecedented levels over the past week. Street protests headed by the opposition leader, Juan Guaidó, broke out on Tuesday , causing 50 injures. The political tensions have...

President Trump threatens more tariffs on Chinese goods

Abdelrahman Mohamed, World/Business Editor

May 9, 2019

Filed under World

President Donald Trump threatened on Sunday to impose more tariffs on Chinese goods in an attempt to force additional concessions in a final agreement; the strong American economy might have encouraged his actions. Trump, in a tweet, w...

Foreign interests in Sudan after the ouster of Omar al-Bashir

Abdelrahman Mohamed, World / Business Editor

May 2, 2019

Filed under World

After the Sudanese demonstration succeeded in overthrowing the longtime dictator Omar al-Bashir, foreign powers are playing an outsize role, most notably in Saudi Arabia and the United Arab Emirates. Protesters who spent months demonstrating ...

Two of America’s greatest financiers lay out fears and criticize capitalism

Jonas Lobe, Columnist

May 2, 2019

Filed under World

Jamie Dimon and Ray Dalio may be two of the biggest names in finance. This week, the two of them had some interesting commentary on the future of capitalism and the global economy. Dimon is the chairman and CEO of JPMorgan Chase, the la...

Apple and Qualcomm settles their disagreements before trial

Abdelrahman Mohamed, World/Business Editor

April 28, 2019

Filed under World

On Tuesday, just as a trial had begun in a federal courtroom in San Diego over a suit Apple had filed against Qualcomm, the two companies announced that they settled their disputes. Apple and Qualcomm have been fighting for the past ...

Could the electric vehicle revolution be a boon for copper?

Jonas Lobe, Columnist

April 28, 2019

Filed under World

Copper is a metal that most investors rarely think about. It is hardly a shiny precious metal like silver or gold and its regularity makes it a lot less sexy than so-called rare earth elements like lithium and cobalt that are used...

Stocks trade on low volume as the major indexes approach new records

Abdelrahman Mohamed, World / Business Editor

April 18, 2019

Filed under World

Trading volumes have fallen as major indexes climb toward all-time highs, the latest sign that investors remain cautious despite 2019’s powerful stock rebound. Last week, the S&P 500 rose to a fresh six-month high and p...

Italian government struggles with EU fiscal goals on budget attempt

Jonas Lobe, Columnist

April 18, 2019

Filed under World

Brexit has been grabbing all of the attention in Europe as an embattled British Prime Minister, Theresa May, decided to punt again on Wednesday, making it the second time in under three weeks that the deadline has been pushed b...

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