Physical currencies have been the mode of economic transaction for thousands of years. Today, payment systems are becoming increasingly cashless. In the European Union (EU), one in five of all daily purchases in 2022 were made online and one third...
The OECD employment and labor force participation rates stabilized at 70.1% and 73.8% in the third quarter of 2023, the highest levels recorded since the series began in 2005 and 2008, respectively. Both indicators were close to their record levels...
Headline inflation (year-on-year) in the OECD, as measured by the Consumer Price Index (CPI), eased to 6.2% in September 2023 from 6.4% in August, following increases in July and August. Inflation fell between August and September in 27 OECD countries. In...
Education is an investment in the future as it brings numerous economic and social benefits to individuals and societies. Usually measured in relation to a nation's wealth, expenditure on education comes from public budgets, but it includes funding from individual...
Albania has trade relations with the entire world, but it has important trade relations with European countries, with the USA, as well as with Asian countries. Due to completely different tax systems (as in the case of the USA or...
A renewed debate over laws banning or allowing the use and supply of cannabis worldwide has been fueled by the legalization of the supply and use of cannabis for "recreational and medical" purposes in several US states, Europe[1] and other...
