TheCuriousEconomist

A bank with over $200 billion in assets has collapsed… how?

You may have heard in the news this week that the Silicon Valley Bank in the US, a bank which…

2 years ago

War in the EV market as Tesla slashes prices again

Tesla has announced price cuts for the second time this year in a renewed bid to outprice competitors and stimulate…

2 years ago

Biden to propose tax hike on highest earners to fund Medicare

President Biden is expected to announce a plan this week to increase tax for those earning over $400,000 a year.…

2 years ago

Funko Pop!’s biggest customer of the year so far… the trash can!

Funko, the company behind Funko Pop! - those vinyl figurines with big bobbly heads, has recently announced its plans to…

2 years ago

China’s GDP expected to rebound in 2023

Following 3 years of strict controls to stifle the spread of Covid-19, the Chinese economy is now ready to rebound,…

2 years ago

Canadian Alcohol consumption at historic lows

Sales of wine and beer fell drastically in Canada from 2021-2022, demonstrating that the Canadian government’s crackdown on alcohol consumption…

2 years ago

Is the internet a merit good?

In 2021, the Biden Administration announced the roll out of the Affordable Connectivity Program – low cost and high-speed internet…

2 years ago

Starbucks to launch the Oleato… coffee with olive oil!

Milk and sugar in your coffee? Pretty normal… How about some olive oil? Not so much! Well that is exactly…

2 years ago

Nestle planning another price increase

Nestle, one of the world’s largest food and beverage companies, is planning to increase prices again this year as they…

2 years ago

Food prices at a 14-year high as the UK battles inflation

Annual food prices in the UK went up by 14.7% in October, representing the largest increase since records began in…

2 years ago

Elon Musk, AKA Chief Twit, has bought Twitter for $44 billion

Elon Musk has officially become the owner of Twitter, or Chief Twit as he likes to call himself, after completing…

2 years ago

Rampant food inflation at a 31 year high in Japan

Food prices in Japan are rising fast as producers struggle to cope with a depreciating Yen and the increasing costs…

2 years ago

Tesla slashes China prices in the face of fierce domestic competition

Tesla has been forced to cut its prices in China as local competition from firms such as BYD and Xpeng…

2 years ago

Dark days for the UK economy…

The UK economy has been plunged into economic turmoil since the announcement of the mini-budget last week. Since the new chancellor,…

2 years ago

The “mini” budget which is going to have maximum impact

The UK government has announced the largest tax cuts in 50 years as part of their mini budget to deal…

2 years ago

The Billionaire who is giving away his Billions – Patagonia founder giving company away to fight climate change

Yvon Chouinard, the billionaire founder of the outdoor clothing brand Patagonia has announced his intention to give away ownership of…

2 years ago

Singapore boasts the world’s largest fully automated port

Phase one of what will be the world’s largest fully automated port is now complete and the Singaporean government are…

2 years ago

French government to earn over 10 million euros in tax windfall after the discovery of secret swimming pools

Thousands of French households are facing an unexpected tax bill after the use of an artificial intelligence tool found over…

2 years ago

Farmyard fart tax to combat climate change – a novel solution from the New Zealand government!

The government of New Zealand, a country notorious for having more sheep than people, has proposed a creative way to…

2 years ago

UK prices spiraling upwards as inflation hits 40-year high

The UK inflation rate is rising at its fastest rate in 40 years. This is predominantly a result of soaring…

2 years ago

Tesla has its own law of demand – profits soaring despite higher prices!

Price goes up, quantity demanded goes down – it is the law of demand and economics 101. Not in the…

3 years ago

How effective will the UK plastic tax actually be?

On April 1st, the new UK plastic tax will come into effect. The levy on firms will charge £200 per…

3 years ago

Filipino drivers to receive fuel subsidies as oil prices rise

Filipino drivers to receive fuel subsidies as oil prices rise [...]

3 years ago

Jobs galore in the post-Covid recovery but who wants them?

The US economy is predicted to have created another 440,000 jobs in February, following the 467,000 which were added in…

3 years ago

Central Bank of Sri-Lanka raises the interest rate to curb inflation

As inflation spikes throughout the Sri-Lankan economy, the central bank has responded by increasing the interest rate from 5.5% to…

3 years ago

Monetary easing to free up $188 billion for Chinese banks

The People's Bank of China, China's central bank, announced this week that they would reduce the current reserve requirement ratio…

3 years ago

Uber prices in London set to increase after high court ruling

Following a high court ruling about Uber's relationship with their customers, the price of each ride may be about to…

3 years ago

World’s major economies to release oil reserves to lower soaring oil prices

In an attempt to lower the price of oil the US is leading an international effort of other major economies…

3 years ago

Pakistan registers a Q3 current account deficit of $3.4 billion

The economy of Pakistan has released figures showing there was a current account deficit of $3.4 billion in Q3. This…

3 years ago

Gas price surge leaving businesses bankrupt and consumers uncertain

The gas price surge across Europe has led to the collapse of two small UK gas providers. Avro Energy and Green,…

3 years ago

Saudi Aramco profits increase by almost 300%

Saudi Aramco, a state-owned energy company in Saudi Arabia and the world’s most valuable company, has seen year-on-year profits almost…

3 years ago

There could be extreme water scarcity in Egypt this decade

Despite being home to the river Nile, Egypt could face extreme water scarcity in the next decade according to a…

3 years ago

El Salvador adopts Bitcoin as a legal tender

El Salvador has become the first country in the world to officially adopt a cryptocurrency as a form of legal…

3 years ago

Groundbreaking new drug for Alzheimer’s is going to come at a cost!

A new drug to treat Alzheimer's has just been approved in the US but there is one big catch… it…

3 years ago

State of Ohio to award 5 people $1 million for taking the Covid-19 vaccine

The US state of Ohio has recently announced an innovative scheme to encourage more people to take the Covid-19 vaccine.…

4 years ago

China US trade tensions relaxing under Biden Administration

THINK LIKE AN ECONOMIST! Click here for the source article

4 years ago

Ketchup can’t catchup with demand!

Imagine ordering a delicious cheeseburger and fries to your door, only to find out it didn’t come with ketchup. What…

4 years ago

Australia likely to go to the WTO if China extends wine tariffs

Following the introduction in China of temporary tariffs on Australian wine imports last year, the Australian wine industry is now…

4 years ago

China’s new goal of growing productivity at a higher rate than GDP depends on rural education

After the recent ‘two sessions’ in Beijing, a series of high-level meetings which determine the economic and social policy for…

4 years ago

Pound on a high as over 20% of the UK gets vaccinated

With over 15 million people having now received their first of two Covid-19 jabs, there appears to be a rising…

4 years ago

China takes the number one spot for the most ‘new’ foreign direct investment in 2020

According to the latest UN figures, the Chinese economy attracted $163 billion in foreign direct investment last year. This 4%…

4 years ago

Fortnite-maker Epic Games is seeking to expose the monopoly power of Apple and Google

Fortnite, one of the most popular mobile games worldwide in the last few years, has been locked in an intense…

4 years ago

China records 2.3% GDP growth in 2020

2020 is a year to forget, but we won’t… and despite the economic woes from all over the world, the…

4 years ago

US Congress passes $900 billion Covid-19 relief bill – so where’s all that cash going?

After months of intense negotiations, the American government looks finally set to inject billions of dollars into the US economy.…

4 years ago

Japan to lend $414 million to Myanmar for huge infrastructure project and corporate financing

A deal has been agreed between the governments of Japan and Myanmar to sign off on ¥42.78 billion (US$414 million)…

4 years ago

China makes pledge to be ‘carbon neutral’ by 2060

In what some commentators are calling a bold and audacious pledge, President Xi announced to the UN that China will…

4 years ago

Tata Consumer Products in talks to acquire India’s largest vending business

Tata consumer products, a subsidiary of the Tata Group, one of India’s largest and most successful conglomerates, is in talks…

4 years ago

Rishi to the rescue: UK chancellor announces the new job support scheme

The UK chancellor, Rishi Sunak, has just announced the government’s latest scheme to save people’s jobs from the ongoing Coronavirus…

4 years ago