South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?

2 days ago
TheCuriousEconomist

South Korea has launched a major new policy, the “Youth New Deal,” aimed at tackling rising youth unemployment. Despite overall…

Beef Prices Hit Record Highs: A Classic Case of Supply and Demand

1 week ago

Beef prices in the United States have reached record highs, with live cattle prices hitting $2.51 per pound, the highest…

AI in Banking: Boosting Profits but Cutting Jobs

2 weeks ago

Artificial intelligence (AI) is rapidly transforming the banking industry — but not in the way many workers were initially told…

Why Air Fares Are Soaring: Conflict, Fuel Prices and Supply Constraints Explained

2 weeks ago

Air fares have surged sharply over the past year, with the cheapest economy tickets now costing 24% more on average,…

Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

4 months ago

Luxembourg has introduced a new solar subsidy scheme designed to accelerate the transition to renewable energy by reducing the upfront…

China Posts Record Trade Surplus Despite Tariffs

4 months ago

China ended 2025 with the largest trade surplus ever recorded, underscoring how resilient its export-led growth model has been —…

Mexico Imposes 156% Sugar Import Tariff to Protect Domestic Producers

6 months ago

Mexico has announced a 156% tariff on imported sugar, a major protectionist move aimed at shielding local producers from falling…

Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

6 months ago

New York City has a new mayor, and his signature promise fits on a protest sign: Freeze the Rent. Zohran…

Philippines Introduces Rice Import Quota to Balance Farmer Protection and Food Security

6 months ago

The Philippines has announced that it will reopen rice imports in January 2026, allowing 300,000 tonnes of rice to enter…

McDonald’s Battles a Split Market: Value Meals, Profit Margins, and a Tale of Two Consumers

6 months ago

McDonald’s latest quarterly results reveal how even one of the world’s most iconic brands is struggling to balance growth, affordability,…