Category: Economics
-
Capital Economics sees rough year ahead for Mexican assets By Investing.com
•
Capital Economics has Expected poor performance The Mexican peso and broader financial assets are expected to decline in the coming year due to political and economic instability. The peso, which has recently fallen about 15% against the dollar since early April, is still seen as overvalued despite its sharp decline…
-
Non-dom tax reforms could cost labour £1bn, warns Oxford Economics
•
Labour’s plan to reform the tax system on foreigners could cost the UK government up to £1bn as wealthy individuals flee the country, a report by Oxford Economics has warned. The proposed reforms, which will come into effect from April 2025, aim to replace the current system that allows non-residents…
-
The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’
•
Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard Arnault. Floating palaces are a source of magic and secrecy – and greenhouse gas emissions. The greenhouse effect pollution caused by luxury vessels, which benefit so few superyachts, has prompted sociologist Gregory Salle…
-
Joseph Stiglitz interview: Columbia economics professor and Nobel laureate
•
Stiglitz says the protest movement sweeping his organization and many others is “hitting the ground” and recalls his history as a civil rights protester in the 1960s. “This may seem hard to believe, but I was there at the March on Washington in August 1963, with Martin Luther King,” he…