Category : Economy


Oil Crisis Wealth Transfer: Profits and Prevention

Soaring oil prices from the US-Israel war on Iran risk repeating the 2022 wealth transfer, where the richest 1% captured 50% of fossil fuel profits. Experts propose excess profit taxes and price caps to redistribute gains and fund clean energy.

Indonesia's Richest Man Michael Hartono Dies at 86

Michael Bambang Hartono, Indonesia's wealthiest individual and co-owner of Djarum Group, has passed away at 86. The tobacco magnate built a vast business empire spanning banking, property, and sports.

Trumpflation Returns: Global Price Surges from Conflict

The economic term Trumpflation has re-emerged with renewed force, describing how geopolitical tensions under Donald Trump's influence are driving inflation worldwide through oil price shocks and supply chain disruptions.

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