Oct 28, 2019 08:05 am UTC| Commentary Central Banks Economy
The Federal Reserve is expected to cut its target rates by 25bp at the October meeting, which would be its the third successive rate cut. This would take policy slightly more accommodative. The move seems justified in...
Australian bonds remain tad higher ahead of RBA Governor Lowe’s speech, Q3 CPI
Oct 28, 2019 05:50 am UTC| Commentary Economy
The Australian government bonds remained tad higher during Asian session of the first trading day of the week Monday ahead of the Reserve Bank of Australia (RBA) Governor Philip Lowes speech, scheduled to be delivered on...
In Paraguay, rural communities facing deforestation see power – and profit – in a beloved drink
Oct 26, 2019 08:29 am UTC| Insights & Views Economy
The Atlantic Forest, a vast swath of well-watered and biodiverse woodland, once covered much of eastern South America. But after three decades of massive deforestation to make way for intensive soybean production and...
The future of the US workforce will rely on AI, but don't count human workers out just yet
Oct 26, 2019 08:26 am UTC| Insights & Views Economy
Artificial intelligence has replaced many skills in recent years including the skills needed to do some human jobs. The tech revolution has not gone unnoticed by American workers. A 2018 Gallup poll revealed that 70%...
Vital Signs: talk of a US wealth tax is about symbolism as much as it is about economics
Oct 26, 2019 08:15 am UTC| Insights & Views Economy Politics
The race for the Democratic Partys presidential nomination is hotting up, and so is academic debate about one of the leading contenders signature proposal a wealth tax. The US Democratic primary is becoming a race of...
What if we measured the thing that matters most: "carbon productivity"
Oct 26, 2019 08:14 am UTC| Insights & Views Technology Economy
Ask any economist a question, and you will usually get the answer: productivity. The winner of the 2008 Nobel Prize in Economics, Paul Krugman, set the standard in 1994: Productivity isnt everything, but, in the...
The economic illusions of the Canadian election
Oct 26, 2019 07:37 am UTC| Insights & Views Economy
As an economist, I approached voting in the Canadian federal election with deep ambivalence that was shared by most everyone I know regardless of vocation or political persuasion. Most expressed resignation and stated,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects