Abraham Accords

The Abraham Accords are a series of diplomatic agreements signed in September 2020 that normalized relations between Israel and several Arab states, which was brokered by the USA. Named after Abraham, the patriarch revered in Judaism, Christianity, and Islam — … Continue reading

Posted in Current Affairs |

Impact of Inflation

Impact on the Domestic Economy Debtors (Borrowers) Gain: They repay their loans with money that has less purchasing power than the money they borrowed. Creditors (Lenders) Lose: The real value of the money they receive back falls. Fixed Income (Salaried/Pensioners) … Continue reading

Posted in Current Affairs |

El Niño

El Niño (meaning “the little boy” in Spanish) is a climate pattern that describes the unusual warming of surface waters in the eastern Pacific Ocean, which occurs irregularly in 2 – 7 years Formation Trade winds weaken or reverse, reducing … Continue reading

Posted in Current Affairs |