By Nathan Lee, Financial Analyst In 2007 Brazil was awarded the football World Cup with the backdrop of a strengthening economy and the prospect of social change. As it prepares to host the finals, the South American powerhouse lays dormant. There’s a subdued atmosphere surrounding Brazil in the run up to the football World Cup and 2016 Olympics. The cost of shining a spotlight on South America’s economic powerhouse has pushed the country to breaking point. Brazil’s economy contracted by...
By Adam Walker, Economic Correspondent Is the Video games industry our Christmas Saviour? As the Christmas season begins to move into its busiest period the commercial world’s focus has been firmly fixed on the videogames industry. With a multitude of Triple A game titles being released across 2013 and one of the most highly anticipated console wars heating up, the holiday period is sure to see soaring demand from consumers. However, the importance of this games war goes beyond...
Britain's interpretation of a McDonaldized society. The effects of globalisation will result in the world becoming wedged between a bread bun and cheese-coated garnish - was my cursory understanding of George Ritzer's vision of a McDonaldized society. As panic spread across my face over the cosmological effects of such a bizarre looking planet, I decided to forgo contemporary reading habits and actually open the book – which got me thinking about a few British high street staples, and how they...
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