If it seems as if the world has changed, it is because it has. Economic growth, for example, lags behind the levels reached before the 2007/2008 financial crisis even in developed countries. The need for governments to step in with proactive fiscal policies to kick start their economies has never been greater.
The November elections are soon approaching for Americans, and it now looks increasingly like a two-horse race for the US presidency. Both Hillary Clinton and Donald Trump have emerged as clear contenders in the last few weeks, leaving their rivals by the wayside.
In mid-January, North America’s second-largest coal company, Arch Coal, became the first coal company in 2016 to file for bankruptcy protection.
In December 2014, the US and Cuba announced an historic agreement that officially ended their long-running political standoff and marked the beginning of efforts towards normalised diplomatic and economic relations. Since then, the US has