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Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualize weekly economic events and cut through the noise of the data impacting global economies.

Vital Signs Series

Vital Signs: COVID-19 recession is different – and we need more stimulus to deal with it.

Jun 21, 2020 03:30 am UTC| Economy

Australia has done well on the public health front during the COVID-19 pandemic, thanks to decisive action by the National Cabinet in March. Australia has done better than most countries on the economic front, too, thanks...

Vital Signs Series

Modelling tells us the coronavirus app will need a big take-up, economics tells us how to get it

Apr 26, 2020 05:30 am UTC| Technology

With Australias test-confirmed daily COVID-19 infection rates continuing to fall to relatively low levels, there is considerable discussion about when and how the successful containment measures might be...

Vital Signs Series

The end of the checkout signals a dire future for those without the right skills

Jan 18, 2020 04:45 am UTC| Insights & Views Economy

There has already been a fair number of jobs lost to automation over recent decades from factory workers to bank tellers. In the coming decade we might see radically larger numbers of jobs lost to automation, thanks to...

Vital Signs Series

Untaxing childcare is a bold idea that seems unfair, but might benefit us all

Nov 24, 2019 14:17 pm UTC| Insights & Views Economy

Australias system of childcare support is pretty good. It ensures high-quality care is provided to a large number of children, it is targeted through income-based subsidies, and it is attentive to the needs of...

Vital Signs Series

To tackle unemployment, start by empowering jobseekers

Nov 19, 2019 02:45 am UTC| Insights & Views Economy

If youve ever lost your job, youll know how overwhelming and difficult it can be. One day youre in work, the next youre not and so starts the hunt to find another job. This can be particularly tricky if you lose your...

Vital Signs Series

Interest only loans are an economic debacle that could bust the property market

Apr 27, 2018 07:40 am UTC| Insights & Views Economy Real Estate

This week: This risks of interest only loans that the RBA is ignoring and more revenue for the government ahead of the budget. Australian taxpayers wont face a rise in taxes now that Treasurer Scott Morrison...

Vital Signs Series

The calm before the storm in US-China trade

Apr 20, 2018 05:38 am UTC| Insights & Views Economy

This week: the US administration continues its anti-trade rhetoric, China grows a little faster than expected, Australian employment figures underwhelm, and the RBA seems unperturbed by household borrowing...

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Economy

Afghanistan inks $160 million solar and wind power deal with US, Turkey, India.

Afghanistan signed a $160 million solar photovoltaic and wind power project deal with the US Agency for International Development (USAID), Turkey, and India that will bolster its grid by 110 megawatts in the next 16...

UAE, Israel eye energy, infrastructure cooperation

The energy ministers of the UAE and Israel explored possible investment opportunities in energy, infrastructure, oil, gas, and renewable energy in a video call on Wednesday. The two countries also focused on advanced...

S. Korean healthcare and cosmetics exports surge 42% in August

South Korea exported US$1.69 billion worth of pharmaceuticals, cosmetics, and medical devices in August, up 42 percent from a year ago. According to data from the Korea Health Industry Development Institute (KHIDI), the...

CaixaBank's acquisition of Bankia to create Spain's largest bank

CaixaBank will acquire state-owned Bankia in an all-share deal that would create Spains largest bank with total assets exceeding $786.6 billion. The deal will help the companies tackle dwindling profitability due to the...

Dubai’s DP World to work with Israel’s DoverTower in bid for Haifa Port

Dubai state-owned DP World is teaming up with Israels DoverTower in a joint venture that will bid in the privatization and to conduct a study on opening a direct shipping line between the two Middle East states. Haifa...

Politics

Joe Biden Nomination: UK Labor MP Chris Bryant nominates former VP for Nobel Peace Prize

Joe Biden faces off with Donald Trump in the first of three presidential debates, which could help him maintain his steady lead in the public opinion polls in several swing states. Along with his opponent, Biden has also...

Donald Trump announcement: POTUS reveals plan to distribute 150 million rapid COVID-19 tests

The United States is still struggling with the ongoing COVID-19 pandemic with millions infected and over 200,000 Americans dead from the disease. This week, Donald Trump announced his administrations plan of distributing...

Ivanka Trump, Donald Trump could face imprisonment, says former Watergate prosecutor

White House adviser Ivanka Trump was among the names dropped in the New York Times piece that revealed her father Donald Trumps financial records. Nick Akerman, who served as a prosecutor during the Watergate proceedings,...

Melania Trump, Jill Biden meet for the first time at first presidential debate

First lady Melania Trump often keeps a low profile when it comes to her husband Donald Trumps campaigning for reelection, having only made her case for him at the Republican National Convention. With Donald Trump facing...

Science

Asteroid alert: Rock similar to Chelyabinsk meteor to pass by Earth today

There is a very minute chance of an asteroid posing a threat to Earth, especially in recent years. One asteroid is set to make its approach to Earth today but will not pose a threat to the planet. Known as 2020 SV5, the...

NASA: Chandra X-Ray Observatory turns images of Milky Way galaxy into sound

Astronauts and scientists are the only ones who have been able to hear the sounds of space and the universe. Now, everyone can be able to hear what the Milky Way sounds like thanks to NASAs Chandra X-Ray...

Aliens: ROCOSMOS astronaut claims first meeting will intelligent extraterrestrial life forms would be diplomatic

Even as space agencies are looking for signs of life in the form of microbes, there may still lie the possibility of meeting actual extraterrestrials or intelligent beings outside Earth. In case the latter happens, a...

NASA releases image of the universe taken by the Hubble Space Telescope

We have long known that the universe is massive, larger than we could ever imagine. However, it does pose the question as to how big it actually is, and NASA has released a photo capturing the universe we live in in its...

Technology

OnePlus 8T Pro is not in the pipeline this year, company exec confirms

When the company confirmed its product launch event in fall, there were hints (or the lack of it) that quickly made the OnePlus 8T Pros existence questionable. Now, fans no longer have to guess as the Pro versions fate has...

‘Dynasty Warriors 9: Empires’ will launch on next-generation consoles in early 2021

​The much-awaited Empires DLC for Dynasty Warriors 9 has been finally announced by publisher Koei Temco and developer Omega Force during the Tokyo Game Show on Sunday. It is confirmed to be released on next-generation...

PlayStation 5 won’t support cross-save on ‘Yakuza: Like a Dragon’ upgraded version

The release date of PlayStation 5 has been revealed, but it appears that there so much more to learn about the console especially when it comes to transferring old game files. It was recently confirmed that another popular...

iPad Air 4 retail launch might happen as early as next week

iPad Air 4 was one of the highlights of Apples September event. The occasion was labeled Time Flies that is now more clearly a reference to the new tablet and the lineup of the latest Apple Watch models. The company,...
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