Cristabelle Chang

Exchange rates move constantly, shaping the flow of trade, investment, and global competitiveness. Yet few terms are as misunderstood: devaluation  and depreciation .  Both terms describe a fall in a currency’s value, but they originate from very different mechanisms. One is controlled by the markets and the other is controlled by policy. The Market Mechanism: Depreciation In economies that operate under a floating exchange rate system , currency values are determined by the interaction of...

By Poom Tientamnoon Edited by Raymond Ozols-Szoke Introduction Theoretically, reciprocal tariffs are supposed to be America’s greatest economic weapon to protect itself from other countries. However, once the theory joins in with reality, tariffs are really seen as a double-edged sword. This article will dive into how reciprocal tariffs negatively affect foreign countries, specifically Thailand’s, but more importantly how they backfire onto America’s economy. To understand the effect of these...

In recent years, food delivery apps such as GrabFood , ShopeeFood , Foodpanda , Gojek , and LINE MAN  have become integral to daily life...