Economics

President Trump wants protectionist measures against Chinese solar power. That’s going to hurt U.S. firms.

On Friday, the U.S. International Trade Commission, a federal body, ruled that U.S. solar manufacturers are being injured by solar product imports. This gives the Trump administration an opportunity to increase duties on imported solar equipment, which would raise the costs of solar energy for …

Renewable Energy

Striking GM Canada Autoworkers Struggle With Nafta Realties

It’s 28 Celsius (82 Fahrenheit) and striking workers at a General Motors Co. plant in Ingersoll, Ontario cluster around a barrel of burning wood. The …

Business

3 Reasons Why Bounce In U.S. Dollar Is (Finally) Due

The U.S. Dollar Index has declined almost every single month in 2017 on ongoing controversies with Trump’s administration, early weak economic data, …

Economy

Ifo President assesses election's economic consequences

An unstable government would be bad for Germany’s standing as a business location, says the head of Munich's Ifo Institute. In addition, the success …

World News

Ifo economist says German election can stoke uncertainty

MUNICH (Reuters) - The result of the German election on Sunday could stoke uncertainty among business, the chief economist of the Ifo economic …

Economic Data

Botched reforms put the brakes on India’s growth

Is it a wobble or a stall? India’s growth has fallen to a dismal 5.7 per cent this quarter, the slowest annual rate since 2014 for an economy that …

Economy

Trump vs. GOP: Biz tax rate differences could have big impact on GDP

The Republican Party is gearing up to detail the intricacies of its tax reform overhaul this week and the corporate tax rate is a main area of uncertainty for lawmakers, but one that could make a big difference in future economic growth.<p>While Trump has suggested dropping the current corporate tax …

Economy

Trump gives tax cuts his nationalist branding

The White House’s chief challenge on tax reform is to convince American voters that slashing the corporate tax rate can personally benefit workers in Rust Belt and industrial states.<p>President Donald Trump has spent weeks behind the scenes focused on getting the lowest tax rates possible for …

Politics

Britain's growing debt problem demands a fresh set of eyes

The OBR’s figures haven’t added up for years, it’s time for an in-depth examination of where the economy is going<p>It’s one of the saddest of all economic trade-offs: accept the need for mounting debts just to achieve moderate growth or crack down on borrowing and get no growth at all.<p>When there are …

Financial Conduct Authority

A Tax Cut for Cleaning? Italians Take Up Bartering in Stagnant Economy

In the Tuscan town of Massarosa, Alessia Signorini pulls weeds in a local park for tax discounts. Riccardo Porta barters the bread he bakes in Sardinia for meat. Rome restaurant owner Fiorentina Ceres buys and sells goods with a currency that doesn't touch a bank.<p>Amid a long stretch of economic …

OECD

The big data breach suffered by Equifax has alarming implications

UNTIL something goes wrong, few people give much thought to the surveillance they undergo by credit-reporting agencies (CRAs). Yet these agencies’ …

Identity Theft

German IFO Business Climate Index Pulls Back in September

Investing.com - German business confidence edged a tad lower in September, but remained close to the highest level on record, suggesting momentum in …

Economy

German business confidence dipped ahead of election

A closely watched survey says German business optimism took a dip in September ahead of federal elections and amid concerns about a stronger euro.<p>The …

Economy

The world in brief, September 25th 2017 | Espresso

Exit polls pointed to an expected fourth win for Angela Merkel in <b>Germany’s federal elections</b>. The chancellor’s Union-parties alliance looked set to …

UN General Assembly

Greece and economic recovery: Fake news in action

The Greek 'economic success' story advanced by Tsipras et al would have been funny if it wasn't such a serious matter.<p>Ten years ago, the implosion of Lehman Brothers ignited a financial crisis whose impact and effects were felt virtually across the globe as banks and financial institutions …

Greece

Nigeria: Bank Illegally Funnels Huge Cash to Fund 'Broke Federal Govt'

Central Bank of Nigeria.<p>A massive and clearly illegal multi-source funding of the federal government by the Central Bank of Nigeria (CBN) could drag …

Economy

Survey: Economists see no gain from NAFTA renegotiation

WASHINGTON (AP) — Most business economists expect the Trump administration's efforts to renegotiate the North American Free Trade Agreement will make no difference to the U.S. economy or cause harm.<p>The National Association for Business Economics survey of 47 economists found that one-third think …

News (U.S.)

Why America’s tax and trade debate is wrong

Tax and trade, the two big economic policy debates in the US right now, have long been viewed mainly through the lens of the country’s largest public …

NAFTA

Jacinda Ardern Came Up Short But Her 'Relentless Positivity' Stirred New Zealand

Labour Party leader Jacinda Ardern speaks to supporters at the party’s general election event at the Aotea Centre in Auckland on September 23, 2017. New Zealanders went to the polls on September 23 to elect a new parliament. (Photo credit: MARTY MELVILLE/AFP/Getty Images)<p>New Zealand politics seldom …

Jacinda Ardern

Why Do You Care How Much Other People Work? Revisited

Greg Leiserson has an interesting post on assessing tax reform, in which he argues that distribution tables — showing the direct gains and losses from a tax change — properly measure welfare gains, and don’t need to be revised to consider the induced effects on labor supply, effort etc.<p>This caught …

Opinion

London taxi controversies of yesteryear

2017-09-25T08:00:03.000Z<p>By:<p>What’s worth bearing in mind when assessing Friday’s decision by TfL to not renew Uber’s London operating license is …

Uber

The big task on Angela Merkel's list: managing national decline

by Ambrose Evans-Pritchard<p>The German economic super cycle peaked two years ago. Angela Merkel's unenviable task over her fourth term is to manage …

Australian News

Tourist chiefs in the North want their VAT rate cut to compete with the Republic

More than 2,000 jobs could be created in the North if the VAT rate on hotels and visitor attractions there is cut to 5%, a report for the Northern …

News (Ireland)

Lord Action on the Meaning of Freedom

"Power tends to corrupt and absolute power corrupts absolutely."<p>Many Americans can identify the author as Lord Acton. But that is about all they know …

Foundation for Economic Education

Reserve Bank warns how Australia can avoid another global financial crisis

On September 16, 2008 Australians woke to extraordinary television footage of events overnight in New York.<p>Outside the towering offices of investment …

Economy

Outlook for wage growth in Britain cools: survey

LONDON (Reuters) - Hopes for higher wage growth across Britain are receding, apart from in a few sectors of the labor market that suffer from acute …

Economy

Nigeria Records Rise in Non-Oil Export

[Daily Trust] Nigeria has recorded a significant rise in its non-oil export, with agricultural goods increasing the country's foreign exchange …

Oil

Iron ore succumbs to bear market and may extend slump into $US50s

by Jasmine Ng<p>Iron ore has slumped back into a bear market after posting the biggest weekly loss in 16 months amid concern that record demand in China …

Australian News

Africa: Protests Mount Against CFA Currency

<i>The CFA franc is facing growing opposition in parts of West and central Africa. Critics say the common currency has hampered the region's economic</i> …

Africa

Swiss voters reject pension reforms

Swiss voters have thrown out plans to reform the creaking state pension system, highlighting the difficulties even prosperous western European …

OECD