Jan. 6, 2026 /Mpelembe Media/ —The term petrodollar refers to the global system where crude oil is priced and traded exclusively in U.S. dollars. This system has been a cornerstone of American economic and geopolitical power for over 50 years. As of early 2026, the petrodollar system is facing its most significant challenges since its inception, with major shifts in Venezuela and the Middle East reshaping the global energy landscape. Continue reading
Tag Archives: Pricing
Reddit blackout, how did we get here?
June 12, 2023 /Technology/ — On June 12, 2023, thousands of subreddits on Reddit went private in protest of the company’s new API pricing policy. The new policy, which was announced in April, charges third-party developers for using Reddit’s API. This has led to concerns that it will make it more difficult and expensive to develop third-party apps for Reddit. Continue reading
ERB approves lower electricity tariffs for low-income households in Zambia
April 21, 2023 /Economy/ –The Energy Regulation Board (ERB) in Zambia has approved lower electricity tariffs for low-income households that consume 100 Units or less per month. The new tariffs will take effect on May 1, 2023.
The ERB said the decision to lower tariffs was made in order to cushion low-income households from the rising cost of living. The new tariffs will see a reduction of 25% in the cost of electricity for low-income households.
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Global economy 2023: why there will still be plenty of pressure on food prices in the year ahead
John Hammond, University of Reading and Yiorgos Gadanakis, University of Reading
Welcome to this special report on the food industry, the fourth instalment in our series on where the global economy is heading in 2023. It follows recent articles on inflation, energy and the cost of living.
OPINION: Food crisis promises a global wave of unrest
Andrew Firmin is editor-in-chief at CIVICUS, the global civil society alliance, and one of the lead authors of the 2022 State of Civil Society Report.
For the past couple of weeks, mass protests have brought the South American nation of Ecuador to a standstill.
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