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More Confusing News On The Future Economy
PPI. The producer price index. Concept. a group of indices that calculates and represents the average change in selling prices of domestic production over time. 3d rendering Between Wednesday and Thursday, two important pieces of economic news came…
China has the most smokers in the world. Is it harming the economy?
A recent incident in Shenzhen that went viral has put China's widespread smoking habit under renewed scrutiny, reviving a long-running debate over whether Beijing should raise tobacco taxes for the first time in more than a decade. On a rainy…
Mark Carney's economic plan has medium-term goals, but we need affordability now
Please log in to bookmark this story. Create Free Account Prime Minister Mark Carney's economic agenda is centred on making Canada more productive, resilient and prosperous through major investments in housing, infrastructure, defence and…
What Is Good Economic Policy?
For the average person not schooled in economics, there is little understanding of the importance of the basics. Many of the proposals we hear today amount to killing the goose that laid the golden eggs. Too many people and leaders simply fail to…
South Florida reactions remain mixed as Cuba announces new economic reforms
Cuban leader Miguel Díaz-Canel has announced a package of economic reforms aimed at liberalizing parts of the island's state-controlled economy. The measures include allowing Cubans living abroad to invest in the country and giving…
Rachel Reeves blames Iran war as UK economy shrinks in April
Chancellor Rachel Reeves blamed the fall-out from the Middle East war as figures revealed the UK economy went into reverse in April. The Office for National Statistics said gross domestic product - the value of everything the country churns out -…
Capital City Tattoo Convention brings thousands to Sacramento, boosting local economy
Thousands of tattoo enthusiasts, artists and vendors are in Sacramento this weekend for the Capital City Tattoo Convention, an event expected to generate more than half a million dollars in economic impact for the region. The convention is…
Elon Musk is a trillionaire now. Is that bad for the economy? - Stateside with Kai and Carter
Elon Musk has become the world's first trillionaire thanks to his company SpaceX, which now has the biggest IPO of all time. Public trading in the company has put it's valuation at over $2tn. The eye-watering sums of money pouring into AI are also…
Cuba implements economic reforms amid new U.S. sanctions
June 12 (UPI) -- Cuba's government on Friday announced a broad package of economic reforms aimed at restructuring key aspects of the country's economic model, just hours after the United States imposed a full financial blockade on state oil company…
AI has boosted the US economy. Why isn't it doing the same for China?
Unlike the US, artificial intelligence (AI) may not be a panacea for China's economy amid its deep property crisis, as the technology can further widen the country's economic bifurcation, an economist said. “AI isn't boosting China's economy…
Why a bleak poll on Russia's economy spells bad news for Putin
Russian citizens are growing increasingly critical of Putin's economic policies, new polling has found, as Ukrainian attacks and European sanctions continue to squeeze Moscow's finances. Poorer Russians tend to be more critical of economic…
Trump Delivers Big New Economic Boost to Pacific Fishing Communities
On Thursday, President Trump delivered a significant win for America's commercial fishing industry, signing a proclamation that rolled back a bunch of Biden-era restrictions on commercial fishing in the Pacific. The proclamation is titled '…
Europe is blaming China's economic rise for its own failures, think tank says
As the European Union prepares tougher measures to counter what it sees as the “China shock 2.0”, a researcher with a Beijing-linked think tank has accused Brussels of clinging to a flawed narrative that China's economic rise is an…
Putin admits Ukraine attacks hitting Russian economy, society
President Vladimir Putin has acknowledged that the recent surge in Ukrainian attacks is inflicting damage on the Russian economy and society. Putin's remarks on Friday followed weeks of intensifying Ukrainian strikes on Russian infrastructure…
WSJ Quotes Swiss Elites: Mass Migration Is Bad Economics
The Wall Street Journal posted a remarkably balanced article about the economic impacts of migration on the Swiss population. “For years, Western politicians pitched immigration as a cure-all—or at least a necessary evil—for…
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