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Global Economy

Impact of Rising Oil Prices on the Global Economy and Developing Countries

Energy resources play a central role in the functioning of the global economy, and among them oil remains one of the most influential commodities. Oil fuels transportation, supports industrial production, and powers global trade networks. Because of its critical role, fluctuations in oil prices have significant economic consequences across the world. When oil prices rise…

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Coal Mining

In Spite of Adverse Environmental Impacts, Coal Mining is Still Inevitable for Development

Introduction Coal has been one of the most important natural resources shaping human civilization since the industrial revolution. As the primary source of energy for centuries, it has fueled industries, powered railways, generated electricity, and contributed significantly to economic growth and modernization. However, coal mining and coal combustion have been identified as major contributors to…

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