Beatriz Soeiro

78 Flips | 2 Magazines | 1 Following | @Grelind | High School Economics Student

Probe into Volkswagen's 'dieselgate' scandal widens to cover chairman

The investigation into Volkswagen’s “dieselgate” emissions scandal has widened with German investigators now looking into the role of Hans Dieter Poetsch, chairman of the company’s supervisory board.<p>The Braunschweig public prosecutor’s office has said its probe into the scandal which saw VW admit …

EU slaps steep tariffs on cheap Chinese steel

The European Union will slap higher steel import duties on the Chinese to help protect European steelmakers from unfairly low prices that have plunged the industry into a global crisis in recent years.<p>Brussels will impose import duties of up to 73pc on heavy plate steel in a boost for Britain’s …

Fair Trade

America Can Run Trade Deficits Forever

Much ink is spilled over people not understanding the basics of the way that we account for trade. All too many seem to think that the existence of a trade deficit means that wealth is somehow flowing out of the American economy. This simply is not so. Those dollars sent abroad to purchase goods …

How to Structure an Economics IA

This post will go through what you should write in your Economics IA, with step-by-step instructions and with word counts for each section. <b>What you</b> …

Elasticity

Peru imposes anti-dumping tariffs on biodiesel imports from Argentina

LIMA (Reuters) - Peru will place anti-dumping tariffs on imports of biodiesel from Argentina for a period of five years, after complaints of unfair competition, the Andean country’s market regulator said on Wednesday.<p>Peru, the second-largest export market for Argentine biodiesel, passed the measure …

Environmentalism

In palm oil, Liberia sees economic boom — but forests may lose

<b>* Any views expressed in this article are those of the author and not of Thomson Reuters Foundation.</b><p>Surrounded by heavily deforested neighboring …

Biodiversity

Swiss predict budget surplus thanks to negative interest rates

Negative interest rates across Europe have alarmed savers and created topsy-turvy financial markets. For the Swiss federal government they have …

The Future Of Coffee Prices

<i>Award-winning cappuccino.</i><p>Research, projects, and life, most mornings, require coffee. Coffee trades as a soft commodity, but I have always considered …

Japan, China, S. Korea trade ministers pledge to promote free trade

TOKYO - Trade chiefs from Japan, China and South Korea agreed Saturday to cooperate to promote trade and investment across the globe at a trilateral …

The end of the free-trade trend is giving rise to new forms of interventionism

Wallonia was once an economic powerhouse. Its vast coal reserves fueled one of the earliest industrialized regions in continental Europe. But the French-speaking part of Belgium has since fallen on hard times.<p>Before this week, few beyond Belgium cared much. But then the Walloons nearly torpedoed a …

Globalization

Portuguese court drops market manipulation case against LSE academic

LISBON (Reuters) - A Portuguese court has dropped a case accusing a Canadian academic of market manipulation for predicting in a blog six years ago that Portugal would need an international bailout.<p>Peter Boone, a lecturer at the London School of Economics, co-authored blogs saying that, after …

Pakistan exports fall, widening the trade deficit

ISLAMABAD (APP): The trade deficit of the country fell by 13.39 to $2.315 billion in September 2016 from $2.673 billion in August, 2016 as the …

The current account deficit and what it means for Brexit Britain

LONDON (Reuters) - Britain has long relied on foreigners to fund a big deficit in its balance of payments, a risk that has been heightened by the country’s decision to leave the European Union.<p>A general view shows the city of London, Britain June 28, 2016. REUTERS/Neil Hall/File Photo<p>Investors have …

Current Account

Russia is seriously running out of cash

Russia is bleeding cash at an alarming rate.<p>After almost two years in recession, the country's rainy day fund has shrunk to just $32.2 billion this month, according to the Russian Finance Ministry. It was $91.7 billion in September 2014, just before oil prices started to collapse.<p>And it's getting …

Russia

Trump Trouble Lifts Mexico's Peso as China's Yuan Hits a 6-Year Low

The Mexican peso surged to a one-month high on Monday as Republican Donald Trump’s chances of clinching the U.S. presidency appeared to have ebbed …

Pound To Euro Exchange Rate Plunges In Mysterious 'Flash Crash' As Market Goes Through 'Stages Of Grief'

'First, following the Brexit vote came the denial...'<p>The pound has suffered a mysterious sudden collapse, causing one expert to say the foreign …

Pound’s drop prompts worries about currency market stability

<b>Singapore/London:</b> The pound’s sudden plunge on Friday is fueling concern that trading has become less stable in an ever more complex …

Volatile, falling and unstable, sterling evokes prior UK and emerging FX crises

LONDON (Reuters) - Sterling’s slump to its lowest in more than 30 years against the dollar this week in increasingly volatile trading has raised fears Britain’s exit from the European Union could yet trigger a currency crisis like those of 1967, 1976 or 1992.<p>A bank employee counts pound notes at …

Bank of England

Beyond the flash crash lies a simple truth: Brexit weakens the pound

A veteran analyst likens the markets’ reaction to the vote to the five stages of grief – except that the consequences will be more than merely personal<p>As traders caught their breath on Friday morning, following the pound’s dramatic overnight plunge, one strategist came up with a neat way of …

BOJ chief sees no need to cut rates now

Bank of Japan Gov. Haruhiko Kuroda has said the central bank “will not hesitate” on monetary easing if necessary, but noted that the Japanese …

There’s a devastatingly simple explanation for America’s economic mess

Ever since the financial crisis, the U.S. economy has grown at a stubbornly slow rate, far less than the 3 percent that was widely considered a sign of good health. This disappointing outcome — the Federal Reserve expects the economy to grow only about 1.8 percent this year — has been blamed by …

Economics

Medical school can be brutal, and it’s making many of us suicidal

In August, a medical student at the Icahn School of Medicine at Mount Sinai in New York jumped out of an eighth-story window to her death.<p>Stories like this are too common among budding doctors across the United States. In May, a medical student at the University of Southern California took his own …

Mental Health

World Bank admits some have lost out from free trade

<b>The World Bank has admitted the growth of global free trade has not been a success for all.</b><p>An internal briefing document seen by the BBC says the effects of globalisation on advanced economies is "often uneven" and "may have led to rising wage inequality".<p>The bank, which provides loans to …

Here's how commodity prices stack up so far in 2016

However, we did forget to add one important caveat, which is that they could still get hit hard in the short-term by the classic "Sell in May and Go Away" market sentiment.<p>In Q3, commodities as a whole entered a "summer slump", returning -5.7% as measured by the GSCI (Goldman Sachs Commodity …

Copper Is Failing - Again

On September 12, I wrote an article for Seeking Alpha advocating for a long position in copper on technical grounds. On September 26, I suggested …

The algorithm that pounded sterling and prompted a Bank of England probe

An alleged rogue algorithm caused havoc in the foreign exchange market, but their deployment has grown exponentially.<p>An algorithm, without going into …

Bank of England investigating dramatic overnight fall in pound

Potential causes of sterling flash crash that compounded earlier losses include ‘fat finger’ error and computer-generated trade<p>The Bank of England and other central banks are scrutinising the dramatic dive in the pound on Friday to establish what drove sterling to new 31-year low in a trading …

Mexico Peso Gives Clearest Market Signal That Trump Lost Debate

The Mexican peso rebounded from a record low in a sign investors perceive Hillary Clinton outperformed Donald Trump in the first U.S. presidential …