Tag: economics
-
Trickle-Down Turmoil: The Indirect Effects of Egypt’s Currency Crisis
A street vendor sells bananas close to a market in Cairo, December 30, 2014. REUTERS /Mohamed Abd El Ghany The holy month of Ramadan is known to be a time of giving. Throughout its days, those who are able, share what they can spare with those less fortunate than themselves in the form of donations. ... -
Palm slips on financial market turbulence
1 PKR 283.80000 284.00000 284.00000 283.80000 03:02 PM 2 EUR 1.08269 1.08276 1.08276 1.08270 08:42 AM 3 GBP 1.22782 1.22791 1.22791 1.22782 08:42 AM 4 CHF 0.91684 0.91698 0.91698 0.91685 08:42 AM 5 JPY 130.39000 130.40000 130.40000 130.39000 08:42 AM 6 CAD 1.37231 1.37240 1.37240 1.37231 08:42 AM 7 AUD 0.66790 0.66830 0.66830 0.66790 08:42 ... -
Rotary: Water project an investment in social impact | Prior Lake Opinion
Last summer, a unique investment opportunity came Prior Lake Rotary’s way. The project concept was not new — it was a water project in a developing country. And it was with a familiar partner, Jon Kaufman, the founder of H2OpenDoors. But this project was brought forward by Global Water First, which Kaufman co-founded. GWF is ... -
Will the fixed rate roll-off cause a recession or will low unemployment save the day?
How is this affecting mortgages? Currently in the Australian mortgage market, 70 per cent of housing debt is variable – which means interest rates move roughly in line with the RBA cash rate (although not necessarily). That means for every $100 of mortgage debt in Australia, $70 is at a variable and $30 is fixed. ... -
Russia’s War Brings Commodities Scare, but No Squeeze
Russia is a key supplier of many major commodities, but supply issues weren’t quite as catastrophic as some had expected following its invasion of Ukraine a year ago. “Given Russia’s vast amount of natural resources, the impact on the commodity sector from the war in Ukraine remains material,” says Jeremy Thurm, senior credit research analyst ... -
Australian Gender Economics Workshop returns to Perth as female economists battle own inequalities
As some of the world’s leading experts in gender economics meet in Perth this week to push for greater inclusion in an underrepresented area, one of the keynote addresses will lay bare the stark inequality in their own sector. Research to be presented at the Australian Gender Economics Workshop beginning on Thursday will show women ... -
Capitalism after the crises: In a time of serial disruption – to our economy, our society and our environment – the treasurer argues for the place of values and optimism in how we rethink capitalism
In a time of serial disruption – to our economy, our society and our environment – the treasurer argues for the place of values and optimism in how we rethink capitalism In late October, just before the Albanese government’s first budget, a journalist I’ve known for two decades messaged me a quote from one of ... -
A Summer of Sovereign-Debt Crises Could Be Coming. Is the Fed Ready?
Text size Conditions in the U.S. were already enough to justify a pause in the U.S. Federal Reserve’s rate-increase, Desmond Lachman writes. Kevin Dietsch/Getty Images About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was a deputy director in the International Monetary Fund’s Policy Development and Review Department and ... -
How Not to Buy the Dip in Tesla (or Anything Else) – Mish Talk
Please consider Tesla Is Last Stronghold for Investors Buying the Dip in Tech Stocks Tesla shares dropped 65% in 2022, their worst year on record. Facebook parent Meta Platforms Inc. sank 64%, and Netflix Inc. declined 51%. But tech and other growth stocks have rebounded to start the new year, buoyed by hopes that the ... -
The Fed Says It Won’t Cut Rates in 2023. Markets Disagree. Who’s Right?
Text size The Marriner S. Eccles Federal Reserve Board Building in Washington, DC. Kevin Dietsch/Getty Images About the author: Christopher Smart is chief global strategist and head of the Barings Investment Institute, and is a former senior economic policy official at the U.S. Treasury and the White House. The U.S. Federal Reserve could not be clearer. Hawks ...
