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What just happened?
As of 17th April 2020, nearly 210 countries in the world have reported the cases of Coronavirus.
Retail therapy and the decline of physical stores
What is happening
The decline of the retail industry is perhaps best illustrated through the fact that one in ten town centre stores are now closed across the UK. From November to December 2019, the sector saw a 0.9% fall in sales. This decline was partly driven by online sales rising by 2.6% in the same period[1]. The modern ease of connecting goods or services to clients has led to the decline of retail stores.
Proxy Price Wars: States fighting for oil dominance
The Chinese Data Trail: The Significance of Pricing Algorithms
What just happened?
The accelerated growth of new business patterns, the popularisation of the internet in rural areas and a 71.6% growth in mobile internet traffic in 2019 are just a few examples that demonstrate China’s capability in excelling in the digital markets.[1] Thus, paving way for Data gradually becoming the driving engine in Chinese industries, producing pricing algorithms that can harm consumer welfare.
