The Cobra Effect refers to the unintended negative consequences of an incentive that was designed to improve society or individual well-being. The term derives from an attempt to eradicate snakes in India, wherein people bred cobras to collect rewards for their capture.
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Oil set for steepest weekly losses since June as tariffs cloud...
Brent crude futures drop 3 cents to $66.40, on track for a decline of more than 4% week-on-week; US WTI crude falls 6 cents to $63.82 a barrel, marking a 5% weekly drop
