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Mon, Dec 30, 2024 04:20 PM All times are UTC

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Renaud Foucart

Senior Lecturer, Lancaster University Management School, Lancaster University
I am an applied microeconomic theorist. This means I try to understand real world puzzles by modelling strategic interactions. This has led me to work on topics as different as smoking bans, Islamic finance, environmental agreements, urban planning, the comeback of vinyl, online search aggregators and the impact of auditing courts on the selection of politicians. I hold a PhD from Université libre de Bruxelles. Since then I have worked in Oxford, Berlin, Nottingham and now Lancaster University.

The boomer generation hit the economic jackpot. Young people will inherit their massive debts

Sep 29, 2024 10:19 am UTC| Insights & Views Economy

Young people in Britain could be forgiven for despairing at the financial pressures they face and feeling that previous generations enjoyed a much fairer economic environment. Then just to add to their worries about home...

Google monopoly ruling: where the tech giant goes from here

Aug 16, 2024 07:01 am UTC| Technology Law

A US judge has found that Google is a monopoly and has used this dominance to reinforce its market position. This ruling, which is subject to appeal, brings the US regulator close to the European Commission in its...

Budget airlines make money from extra charges, but savvy travellers benefit too

Jul 25, 2024 15:11 pm UTC| Business

If youre about to jet off on a summer flight, the chances of you having secured a bargain at this peak time of the year are slim. And as well as the cost of your tickets, you may have grudgingly paid various amounts on top...

Russia has become so economically isolated that China could order the end of war in Ukraine

Jul 02, 2024 14:38 pm UTC| Insights & Views Economy

Western leaders are becoming increasingly frustrated by Chinas role in enabling the war in Ukraine. Some have even openly threatened to sanction the country if it continues to provide Russia with the materials it needs to...

Four tips to avoid being bamboozled by political statistics and data

Jun 13, 2024 06:12 am UTC| Insights & Views Politics

With a plethora of elections around the world in 2024, voters considering their options can expect to be presented with all kinds of numbers and statistics aimed at giving credibility to various claims from various...

What we know so far about Labour’s plan for Great British Energy

Jun 03, 2024 11:04 am UTC| Politics

The Labour party has announced its plans for the energy sector, closing off the first full week of the 2024 election campaign. Great British Energy is one of Keir Starmers six first steps for government, should his...

Judas and the economics of betrayal

Mar 28, 2024 12:03 pm UTC| Insights & Views

No one remembers the names of the soldiers who arrested Jesus, or the civil servants who organised his crucifixion. But Judas Iscariot has not been forgotten, and will forever be associated with treachery and...

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Economy

FxWirePro- Major Economic data for the week

Date Time (EST) Currency Event Previous Forecast Impact 30-Dec 3:00...

TSMC Arizona to Begin 4nm Production in 2025 with Costs 30% Higher than Taiwan

TSMCs Arizona facility is set to begin 4nm chip production in 2025, producing 20,000 wafers monthly. Despite its pivotal role in the US semiconductor industry, costs are expected to be 30% higher than in Taiwan, raising...

Roche Stands Strong No Layoffs as Business Thrives Amid Global Challenges

Swiss pharmaceutical leader Roche confirmed it has no plans for layoffs, emphasizing a healthy business outlook. CEO Thomas Schinecker highlighted steady research funding and workforce stability despite global economic...

Israel Stocks Dip as TA 35 Slips 0.24% Amid Mixed Biomed and Banking Sector Performances

Israels TA 35 index fell 0.24% on Sunday, weighed down by losses in biomed and banking stocks. Teva surged 2.47% to a 5-year high, while Camtek led declines, dropping 2.41%. Biomed, Banking, and Oil Losses Hit TA 35 Stocks...

Saudi Arabia Stocks Close Higher as Tadawul Gains 0.28% Boosted by Real Estate and Insurance

Saudi Arabias Tadawul All Share Index rose 0.28% on Sunday, fueled by surges in real estate and insurance stocks. Top performers included Buruj Cooperative Insurance, up nearly 10%, while Arriyadh Development reached...

Politics

California Slammed as 'Worst State to Move to' Sparking Outrage Over 'Living Costs and Quality of Life

California has been ranked the worst state to move to in the United States, according to a recent report by ConsumerAffairs. The findings have sparked widespread debate over the Golden States high cost of living, housing...

Donald Trump Honors Jimmy Carter's Legacy with a Heartfelt Statement Amid National Mourning

In a touching tribute, former President Donald Trump expressed his condolences following the news of President Jimmy Carters passing. Trump, known for his bold political stances, took a moment to reflect on the...

Florida Democrats Face 25-Year Struggle as GOP Dominance Grows, Warns Longtime Political Consultant

As Florida continues to shift further into Republican territory, longtime Democratic consultant Beth Matuga has sounded a dire warning for the Democratic Partys future in the Sunshine State. Matuga predicts that Democrats...

Trump Slams Kevin McCarthy’s Debt Ceiling Deal as a Massive GOP Blunder, Sparking Political Outrage

In a fiery statement that has sent shockwaves through the Republican Party, former President Donald Trump criticized former House Speaker Kevin McCarthys handling of the debt ceiling extension. Trump labeled the decision...

Rep. Lawler Warns Against Ousting Speaker Johnson Amidst Party Turmoil

In a fervent appeal to his Republican colleagues, Rep. Mike Lawler (R-N.Y.) has urged the GOP to cease internal conflicts and support the reelection of House Speaker Mike Johnson (R-La.). Lawlers comments come as the House...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

Tesla’s Self-Driving Robotaxis Are Coming Soon, but Where Will They Roll Out First

Tesla is accelerating its plans for self-driving robotaxis, sparking questions about where the groundbreaking technology will debut. With pilot programs in motion and regulatory hurdles being addressed, the company aims to...

Mexico Launches New App to Help Migrants with U.S. Detentions Amid Heightened Border Tensions

In a move aimed at providing critical support to migrants fearing imminent detention by U.S. immigration authorities, Mexico has launched a new mobile application that allows users to activate a panic button. This feature...

Tesla Model 3 Test Drive Requests Soar 60% in Beijing Amid New Sales Offers

Test drive requests for Teslas Model 3 in Beijing have soared 60% month-over-month, spurred by local sales initiatives like zero-interest financing and competitive pricing. The sedan remains a top pick in the Chinese EV...

Nintendo Switch 2 Launch Rumored for March 28 by Italian Website as Excitement Builds Around New Console

An Italian website has fueled excitement by hinting at a March 28 launch for the Nintendo Switch 2. With accessory details and advanced specs circulating, analysts predict strong sales fueled by anticipated titles like...

Elon Musk's Tesla Vision-Only Tech Sparks LiDAR Debate as Li Auto CEO Cites China Highway Dangers

Li Auto CEO takes aim at Elon Musk and Teslas vision-only strategy, arguing LiDAR is essential for handling Chinas challenging highway conditions. Li Auto CEO Highlights LiDAR for Chinas Unique Highways Even if the...