Specialized search for economics

5+ hour, 40+ min ago (820+ words) Rising economic division is destabilising nations and eroding accountability. Joseph Stiglitz's G20 blueprint offers a way toward global economic renewalWhen Swiss tycoons handed Donald Trump a gold bar and a Rolex watch " gifts that were followed by a cut in US tariffs " it was no diplomatic nicety. It was a reminder of how concentrated wealth seems to buy access and bend policy. It may, alarmingly, become the norm if the global "inequality emergency" continues. That's the message of the most recent work by the Nobel laureate Joseph Stiglitz. The economist sees the yawning gap between rich and poor as a human-made crisis which is destroying politics, society and the planet. He's not wrong.The problem is no longer confined to a few fragile states. It is a global harm, with 90% of the world's population living under the World Bank's definition of…...

6+ hour, 47+ min ago (980+ words) An honest debate is needed on this polarising topic as sectors such as social care struggle with recruitment Keir Starmer's response to the 69% plunge in net migration revealed in official figures last week was to remark: "That's a step in the right direction." Describing a reduction of more than two-thirds of any indicator in a single year as a "step" would be a creative use of statistics, putting it kindly. But on this most polarising of topics, and for the prime minister, whose job it is to shape public opinion, not cower before it (to "teach", as the veteran political commentator Steve Richards calls it), it was inexcusable. Starmer's insouciance about the collapse in numbers " from 649,000 last year to 204,00 in the year to June " was just the latest example of how damagingly detached from reality political debate about migration has…...

10+ hour, 5+ min ago (112+ words) Fiscal Policy, labour markets Click to read the article below and then answer the questions: A tax on ambition: what Gen Z thinks of the Budget State one effect of freezing income tax thresholds on a worker's disposable income Explain how a frozen student loan repayment threshold could affect the incentives for graduates like Steve to increase their earnings Analyse how an increase in marginal tax rates for workers just above "50,270 could influence labour supply decisions among young professionals Evaluate the likely economic impact of freezing tax and student loan thresholds until 2031 on young, mid-income earners who are attempting to save for housing Gavin Clarke, Emmanuel College...

1+ day, 7+ hour ago (763+ words) The high-value council tax surcharge may only raise "400m but it's the best opportunity for a bigger, fairer tax on wealth Rachel Reeves won little credit last week for lifting the lid on one of the most heated tax debates of the past three decades. Who in their right mind would consider engaging in the fight that would inevitably lead to some of the richest people in the land calling for your head? Gordon Brown ran scared and so, too, did countless Tory chancellors. Yet Reeves has put her hand in the fire, saying in the budget that she would revalue about 2.4m of the most valuable homes in England with a view to slapping a "mansion tax" " an escalating surcharge " on about 100,000 of them from April 2028. As a revamp of council tax, it constitutes baby steps, as the Institute for Fiscal…...

1+ day, 9+ hour ago (874+ words) President Donald Trump meets with New York City Mayor-elect Zohran Mamdani in the White House Nov. 21. (Andrew Harnik/Getty Image) "Affordability" has become the word of the month as American economic anxieties become a major point of political contention between Democrats and Republicans. Socialist Democrat Zohran Mamdani rode to victory in the New York City mayor's race in part due to his promise to address the issue. Of course, he offered what socialists have been selling to the public for more than a century: free stuff, all paid for by the "rich," the "billionaires," or in Mamdani's case, white neighborhoods in the city. But talk is one thing, reality is another. Will the kind of government intervention Mamdani and others are promising deliver positive results for the American people? So far, it hasn't. President Donald Trump and those who seek…...

1+ day, 10+ hour ago (145+ words) Amid such changing geopolitical scenario, he said India has been actively pursuing self-reliance to become a manufacturing base for industries.India has been making exponential advancements in infrastructure as well as in latest scientific developments," he added. He also told the gathering that the rest of the world has been "hedging against all contingencies" to deal with uncertainties in the world today. India, which is in talks with the US to finalise Bilateral Trade Agreement (BTA), continues to bear the brunt of prevailing uncertainties global trade and geopolitics under the Trump administration." Exporters from India to the US are especially hurt by a steep tariff of 50% that came into effect on August 27. This includes 25% penalty on India for purchasing Russian oil and defence products." Also Read: Defence Secy Rajesh Singh says Indian firms not the only ones missing deadlines"...

1+ day, 10+ hour ago (434+ words) Ben Shapiro / @benshapiro Ben Shapiro is host of "The Ben Shapiro Show" and editor emeritus of The Daily Wire. A graduate of UCLA and Harvard Law School, he is a New York Times bestselling author whose latest book is "The Authoritarian Moment: How the Left Weaponized America's Institutions Against Dissent." The fate of the Donald Trump administration'and perhaps Republicans in Congress'is tethered to how Americans feel about the economy. And right now, it's hard to find anyone who can say with confidence what the hell is going on. Thursday offered a fresh reminder of the chaos. As The Wall Street Journal noted, "Stocks surrendered gains and closed sharply lower after a whirlwind day of trading that began after Nvidia posted strong results. The Nasdaq composite led indexes lower after being up on the day more than 2%. It closed 2.2% lower. Nvidia…...

1+ day, 12+ hour ago (547+ words) The shift transforms verification from a vulnerability into a competitive advantage. SMX allows industries to authenticate the materials they use regardless of where the refining or processing took place. It decentralizes truth, allowing companies to build their compliance, manufacturing and sourcing strategies on facts that cannot be manipulated or hidden inside the supply chain. Why Western Industries Need Proof to Compete Legacy systems cannot meet these demands. Documentation is lost between jurisdictions. Certificates vary by region. Supply chain records lack uniformity. Risk grows with each transfer point. SMX solves this by embedding identity into the material itself, making verification independent of external paperwork or geopolitical bottlenecks. It gives companies direct control over their own certainty. A New Geopolitical Framework for Material Truth The larger implication is clear. The future of strategic manufacturing will follow the regions and companies that guarantee…...

1+ day, 12+ hour ago (296+ words) The shift transforms verification from a vulnerability into a competitive advantage. SMX allows industries to authenticate the materials they use regardless of where the refining or processing took place. It decentralizes truth, allowing companies to build their compliance, manufacturing and sourcing strategies on facts that cannot be manipulated or hidden inside the supply chain. Why Western Industries Need Proof to Compete Legacy systems cannot meet these demands. Documentation is lost between jurisdictions. Certificates vary by region. Supply chain records lack uniformity. Risk grows with each transfer point. SMX solves this by embedding identity into the material itself, making verification independent of external paperwork or geopolitical bottlenecks. It gives companies direct control over their own certainty. A New Geopolitical Framework for Material Truth The larger implication is clear. The future of strategic manufacturing will follow the regions and companies that guarantee…...

1+ day, 13+ hour ago (1141+ words) The shift transforms verification from a vulnerability into a competitive advantage. SMX allows industries to authenticate the materials they use regardless of where the refining or processing took place. It decentralizes truth, allowing companies to build their compliance, manufacturing and sourcing strategies on facts that cannot be manipulated or hidden inside the supply chain. Why Western Industries Need Proof to Compete Legacy systems cannot meet these demands. Documentation is lost between jurisdictions. Certificates vary by region. Supply chain records lack uniformity. Risk grows with each transfer point. SMX solves this by embedding identity into the material itself, making verification independent of external paperwork or geopolitical bottlenecks. It gives companies direct control over their own certainty. A New Geopolitical Framework for Material Truth The larger implication is clear. The future of strategic manufacturing will follow the regions and companies that guarantee…...