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The Latest Breaking News from Economics

Solar economics compelling as costs fall, installs rise

The world could hit 1000 gigawatts of solar installations per year by 2030 with the global solar boom tipped to keep accelerating and benefiting Australians.

AAP

Capital Economics: Pause in home price declines to 'prove temporary''

Capital Economics just put out a new report titled “Pause in house price declines to prove temporary.”

Fortune

The Late Americans by Brandon Taylor review – a real university challenge

Inert characters mar the Real Life author’s new novel – a study of education, economics and desire set on a campus in America’s midwest

The Guardian - UK

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Five reasons Adam Smith remains Britain's most important economist, 300 years on

June 5 2023 marks the 300th anniversary of the birth of Adam Smith, the 18th-century British economist widely hailed as the father of modern economics.

The Conversation

Natwest head of climate economics to speak at Wiltshire event

Leading climate figures, brands and businesses are set to attend the Planted Country gathering at the National Trust’s Stourhead house

Birmingham Post

The planet’s economist: has Kate Raworth found a model for sustainable living?

The long read: Her hit book Doughnut Economics laid out a path to a greener, more equal society. But can she turn her ideas into meaningful change?

The Guardian - UK

Officials offer bleak view on latex medical gloves

Manufacturers of medical gloves made from rubber latex can expect a continued decline in exports this year, following the easing of Covid-19 infections and a ban on gloves made from natural rubber by some countries, says the Office of Industrial Economics (OIE).

Bangkok Post

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Chesapeake Bay report cites environmental justice disparities

A report on the Chesapeake Bay has found strong disparities between communities in different parts of the bay’s watershed in terms of health, economics and social justice concerns

The Independent UK

Why we need to rewrite the script on corporate taxes

During the provincial election campaign in Alberta, the United Conservative Party (UCP) frequently criticized the NDP for its proposed increase in the corporate tax rate from eight per cent to 11 per cent.

The Conversation

So what if Biden trips up? On the political stage his footwork is the fanciest seen in decades

The president has outmanoeuvred his opponents again and shown that the right, both in the US and the UK, has no riposte to his brand of economics

The Guardian - UK

Taiwan-US trade agreement: ‘It’s not about economics anymore, it’s politics’

Taiwan and the US on Thursday inked the first part of a new trade pact. Negotiated under the beak of a hawkish China, the pact is hailed by involved parties as the most significant trade deal between Taipei and Washington since Taiwan joined the World Trade Organization in 2002.

France 24

The Economics of Prohibition Doom Plans To Reduce Drug Use by Busting Online Dealers

A study suggests that "selectively targeting large-scale drug vendors" on the dark web can succeed where all previous enforcement efforts have failed.

Reason

Eric Rahim obituary

Other Lives: Writer and lecturer who taught and researched around the world, specialising in economics

The Guardian - UK

Brexit, the environment, energy bills … it’s hard to tell Labour and Tory policies apart

Cross-party consensus was once called Butskellism. What do we call it when even Rachel Reeves and Jeremy Hunt agree? says Guardian economics editor Larry Elliott

The Guardian - UK

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The Conversation

Margaret Easterbrook joins The Conversation as Business Editor

The Conversation is delighted to welcome Margaret Easterbrook to our newsroom as Business Editor. Easterbrook will lead a team that includes The Conversation’s Economics Editor Peter Martin (highly commended in the 2022 Quill Awards) and Deputy Business and Economics Editor Tim Wallace.

The Guardian - UK

Running out of battery: how post-Brexit Britain is failing to set up a future-focused economy

One-off deals won’t keep pace with the big industrial strategies of the US and EU, says Mariana Mazzucato, a professor in the economics of innovation

Bangkok Post

KRAC Aims to Create Anti-Corruption “Ecosystem” in Thailand

The National Research Council of Thailand (NRCT) has joined hands with Chulalongkorn University’s Faculty of Economics in establishing the Knowledge Hub for Regional Anti-Corruption and Good Governance Collaboration (KRAC) for the goal of creating Thailand’s anti-corruption ecosystem by translating academic knowledge into actions and fostering networks for international cooperation.

Daily Mirror

Hitting UK's richest 350 with 2% wealth tax 'would generate £16billion for Treasury'

Researchers have calculated how much cash could be injected into the Treasury if a wealth tax was applied to the richest people in the country

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France 24

Symbolism, history and nationalism put Erdogan in strong position ahead of presidential runoff

Emotion trumped economics in the 2023 Turkish presidential campaign, forcing the opposition to embrace nationalism ahead of Sunday’s runoff. But President Recep Tayyip Erdogan was ahead of the curve, using a mix of nationalist rhetoric, pan-Islamic heroism and historical references in a bid to enter his third decade in power.

Bangkok Post

Metal producers to face new tariffs

Steel and aluminium manufacturers should brace for a new levy on their exports as a result of the European Union's (EU) introduction of the Carbon Border Adjustment Mechanism (CBAM) on Oct 1 this year, says the Office of Industrial Economics (OIE).

The Hindu

Economics that looks at lower half of the pyramid

The model of economic growth that has guided national and international policies since the 1990s will not create healthy democracies

Fortune

Caroline Ellison: How a young math whiz with an appetite for risk became a major player in Sam Bankman-Fried’s corrupt crypto empire

After the fall of the cryptocurrency exchange FTX and the trading firm she ran, Alameda Research, the 28-year-old became an unlikely celebrity—and a public villain.

The Street

Economists Expect Inflation To Remain High Through 2024

Inflation could stay persistent until 2024, according to a recent survey by the National Association for Business Economics.

Reuters

Brexit to blame for a third of Britain's food bill rise, researchers say

Britain's departure from the European Union has accounted for about a third of the increase in food bills for households since 2019, equivalent to about 250 pounds ($316), researchers from the London School of Economics and other universities said.

The Guardian - UK

UK interest rates forecast to jump above 5% this year after higher-than-expected inflation – as it happened

Rolling, live coverage of business, economics and financial markets as consumer price index inflation reaches 8.7%, well above forecasts

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