The Curious Economist

Economic news for students

  • Home
  • Micro News
  • Macro News
  • IGCSE Economics
    • Teaching Resources
    • Key Concepts
    • Revision Questions
  • IB Economics
    • IB Economics Teaching Resources
    • Key Concepts
      • Micro
        • Basic Economic Concepts
        • Supply and Demand
        • Elasticities
        • Government Intervention
        • Market Failure
      • Macro
        • Economic Growth and AS/AD
        • Inflation
        • Unemployment
        • Poverty and Inequality
        • Monetary Policy
        • Fiscal Policy
        • Supply-Side Policy
      • Global Economy
        • International Trade
        • Economic Development
    • Revision
      • Case Studies with Questions
      • Revision Lessons
      • Revision Questions
      • Economics Diagrams
        • Externalities
        • Market Structures
        • Economic Growth (AS/AD)
        • Protectionism
        • Exchange Rates
    • Real World Examples
      • RWEs by Topics
      • Real World Examples Top Trumps
    • Simulations
      • 2.7/2.8 Market Failure
      • 4.5 Exchange Rates
    • Exam Technique
      • Intro to the Econ IA
      • Model 15-Markers
      • IB Economics Paper 3 Exam Technique
      • Paper 1 Gym SL
      • Paper 1 Gym HL
      • Paper 3 Gym
  • IB Business Management
    • IB Business Management Teaching Resources
    • Practice Activities
    • Revision Hub
      • Unit 3: Finance and Accounts
        • 3.3 Costs and Revenue
        • 3.4 Final Accounts
        • 3.5 Profitability and Liquidity Ratios
        • 3.6 Debt and Equity Ratios (HL only)
        • 3.7 Cashfow Florecasts
        • 3.8 Investment Appraisal
        • 3.9 Budgets (HL)
      • Unit 4: Marketing
        • 4.3 Sales Forecasting
        • 4.5 Marketing Mix
      • BM Toolkit
        • Decision Tree
    • Intro to the BM IA
    • BM Glossary
  • About
News Ticker
  • [ May 12, 2026 ] Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States Economic News
  • [ May 8, 2026 ] Egypt’s Inflation Slows — But Economic Pressures Are Still Building Economic News
  • [ May 5, 2026 ] South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment? Economic News
  • [ April 27, 2026 ] Beef Prices Hit Record Highs: A Classic Case of Supply and Demand Economic News
  • [ April 24, 2026 ] AI in Banking: Boosting Profits but Cutting Jobs Economic News
Hometrade

trade

Economic News

China Posts Record Trade Surplus Despite Tariffs

January 15, 2026 TheCuriousEconomist Comments Off on China Posts Record Trade Surplus Despite Tariffs

China ended 2025 with the largest trade surplus ever recorded, underscoring how resilient its export-led growth model has been — even in a year dominated by tariff threats and trade tensions under U.S. President Donald […]

Economic News

Trade Truce? Trump and Xi Strike a Cautious Deal to Cool Tensions

November 2, 2025 TheCuriousEconomist Comments Off on Trade Truce? Trump and Xi Strike a Cautious Deal to Cool Tensions

After months of escalating tariffs and political friction, U.S. President Donald Trump and Chinese leader Xi Jinping have signalled a tentative step toward easing trade tensions following a high-profile meeting at the Pacific Rim summit […]

Economic News

Trump’s Beef with Beef: How Tariffs and Imports Are Shaping U.S. Meat Prices

October 27, 2025 TheCuriousEconomist Comments Off on Trump’s Beef with Beef: How Tariffs and Imports Are Shaping U.S. Meat Prices

In the latest twist of U.S. trade policy, President Donald Trump has announced plans to quadruple beef imports from Argentina in an effort to drive down soaring domestic prices. The move has angered U.S. cattle […]

Economic News

Tariffs Bite as South Korea’s Export Growth Slows Sharply

September 1, 2025 TheCuriousEconomist Comments Off on Tariffs Bite as South Korea’s Export Growth Slows Sharply

South Korea’s export growth slowed to just 1.3% in August, well below market expectations, as new U.S. tariffs took a major toll on trade — especially in automobiles, steel, and machinery. Shipments to the United […]

Economic News

Trade Win or Tariff Trap? Trump’s UK Deal Raises Questions on Costs and Growth

May 12, 2025 TheCuriousEconomist Comments Off on Trade Win or Tariff Trap? Trump’s UK Deal Raises Questions on Costs and Growth

President Trump has called his new trade pact with the UK a “maxed out deal.” But behind the headlines, the fine print reveals something less exciting for economists and trade experts: a 10% baseline tariff […]

Balance of Payments

China Slashes Tariffs for Developing Nations

October 30, 2024 TheCuriousEconomist Comments Off on China Slashes Tariffs for Developing Nations

Starting December, China will cut tariffs for goods from 43 of the world’s least developed nations, primarily across Africa and Asia. This policy means these countries can export products like crops, seafood, and raw materials […]

Economic News

China Hits Back with Brandy Tariffs as Trade Tensions Escalate

October 9, 2024 TheCuriousEconomist Comments Off on China Hits Back with Brandy Tariffs as Trade Tensions Escalate

In the latest round of trade disputes, China has imposed new tariffs on European brandy imports, a move seen as retaliatory after the European Union levied tariffs on Chinese electric vehicles. French officials have criticized […]

Aggregate Demand and Supply

Is China Going Through Mexico to Bypass US Tariffs?

February 26, 2024 TheCuriousEconomist Comments Off on Is China Going Through Mexico to Bypass US Tariffs?

China appears to be rerouting its exports to the United States via Mexico, sidestepping the hefty tariffs established by the US. Recent trade data suggests a significant uptick in Chinese goods shipped to Mexico before […]

Consumer and Business Behaviour

Made in India’ Rises as ‘Made in China’ Declines on US Retail Shelves

November 13, 2023 TheCuriousEconomist Comments Off on Made in India’ Rises as ‘Made in China’ Declines on US Retail Shelves

The global trade ecosystem is witnessing a seismic shift, with ‘Made in India’ labels becoming increasingly prominent on American shelves, a terrain once dominated by ‘Made in China’ products. This transformation, captured in a comprehensive […]

Balance of Payments

Colombia-Venezuela Trade: From Tensions to Billion-Dollar Ties!

September 28, 2023 TheCuriousEconomist Comments Off on Colombia-Venezuela Trade: From Tensions to Billion-Dollar Ties!

Trade relations between Colombia and Venezuela are on the rise, with projections indicating that trade could reach between $800 million and $1 billion this year. This optimistic forecast was shared by Colombia’s Trade Minister, German […]

Balance of Payments

China’s Export Surprise: A 7.5% Plunge in May Shakes Economic Predictions

June 7, 2023 TheCuriousEconomist Comments Off on China’s Export Surprise: A 7.5% Plunge in May Shakes Economic Predictions

In an unexpected economic twist, China’s exports fell by 7.5% in May, a far more significant drop than the predicted 0.4%. This is the first decline since February, raising concerns about the health of the […]

Balance of Payments

China US trade tensions relaxing under Biden Administration

May 12, 2021 TheCuriousEconomist Comments Off on China US trade tensions relaxing under Biden Administration

THINK LIKE AN ECONOMIST! Click here for the source article

World trade decreasing at an unprecedented rate
Balance of Payments

Corona and customs: World trade decreasing at an unprecedented rate

July 2, 2020 TheCuriousEconomist Comments Off on Corona and customs: World trade decreasing at an unprecedented rate

As economies around the world continue their lockdowns and domestic battles against Covid-19, world trade has been declining at an unprecedented rate. According to a report by the Netherlands Bureau for Economic Policy Analysis, the […]

an image of barley harvesting after China imposes an 80% tariff on Australian Barley exports
Balance of Payments

China to impose an 80.5% tariff on Australian barley exports

May 21, 2020 TheCuriousEconomist Comments Off on China to impose an 80.5% tariff on Australian barley exports

Australia’s barley producers are about to feel the full force of Chinese protectionism after the Ministry of Commerce (MOFCOM) announced on Monday that an 80.5% tariff would be imposed on barley exports from Australia. The […]

an image of shipping containers for global trade
Balance of Payments

To trade or not to trade? Many countries choosing the latter in response to Covid-19

April 28, 2020 TheCuriousEconomist Comments Off on To trade or not to trade? Many countries choosing the latter in response to Covid-19

According to a report released by the World Trade Organisation (WTO), there is a growing number of countries around the world who are placing restrictions on exports in order to secure domestic supplies of certain […]

Balance of Payments

Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

February 7, 2020 TheCuriousEconomist Comments Off on Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed on goods from countries all over the world, engagement in a devastating trade war with […]

Balance of Payments

Supply of Malaysian Palm Oil fallen to two-year low

February 5, 2020 TheCuriousEconomist Comments Off on Supply of Malaysian Palm Oil fallen to two-year low

Palm oil, which accounts for over 5% of Malaysian exports, has seen a dramatic decrease in stock levels with the figure for January at its lowest since June 2017. The low stock level has been […]

Balance of Payments

Korean exports continuing to plummet

February 2, 2020 TheCuriousEconomist Comments Off on Korean exports continuing to plummet

The value of Korean exports in January has decreased for the 14th straight month, with the Asian nation posting an export figure of US$43.35 billion, a 6.1% fall from the previous year. One reason for the […]

Balance of Payments

Strong dollar, weak pound, strengthening euro! What does it all mean? A simple guide to exchange rates.

January 22, 2020 TheCuriousEconomist Comments Off on Strong dollar, weak pound, strengthening euro! What does it all mean? A simple guide to exchange rates.

As of writing this article, one dollar is equal to 0.9 euros. 0.9 euros is equal to 0.76 pounds. In China, 0.76 pounds will get you 6.54 Yuan. If you exchanged this 6.54 Yuan for […]

Balance of Payments

Phase one of the US-China trade deal signed!

January 20, 2020 TheCuriousEconomist Comments Off on Phase one of the US-China trade deal signed!

China and the US have finally come to an agreement on steps to bring an end to the devastating trade war which has engulfed the current account of both countries, whilst also significantly rocking the global economy. […]

Balance of Payments

A trade deal between the US and China seems imminent… But what even is a Trade War and how do they fight?

January 4, 2020 TheCuriousEconomist Comments Off on A trade deal between the US and China seems imminent… But what even is a Trade War and how do they fight?

Trade wars are not fought with guns, missiles, planes, or ships. Instead they are fought with the raw power of economics, and in particular a special type of tax called tariffs. These are taxes which […]

Please follow & like us :)

RSS
Facebook
Facebook
fb-share-icon
Twitter
Visit Us
Follow Me

Recent Posts

  • Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States
  • Egypt’s Inflation Slows — But Economic Pressures Are Still Building
  • South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?
  • Beef Prices Hit Record Highs: A Classic Case of Supply and Demand
  • AI in Banking: Boosting Profits but Cutting Jobs
  • Why Air Fares Are Soaring: Conflict, Fuel Prices and Supply Constraints Explained
  • Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability
  • China Posts Record Trade Surplus Despite Tariffs
  • Mexico Imposes 156% Sugar Import Tariff to Protect Domestic Producers
  • Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

Tags

A-Level aggregate demand AI business behaviour BUSINESSES China Consumer Behaviour CONSUMPTION coronavirus COSTS CURRENT ACCOUNT DEMAND ECONOMIC GROWTH ENVIRONMENT Export externalities FDI finance fiscal policy gdp GLOBAL ECONOMY Government intervention government policy government spending IGCSE India INFLATION INTEREST RATE investment jobs LABOUR labour market Macroeconomics MARKET FAILURE Microeconomics MONETARY POLICY OIL prices protectionism SUPPLY Tax trade UK UNEMPLOYMENT USA

Most Read Articles.

Balance of Payments

Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

February 7, 2020 Comments Off on Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed on goods from countries all over the world, engagement in a devastating trade war with […]

Rishi Sunak
Aggregate Demand and Supply

UK government to step in and pay people’s wages

March 21, 2020 Comments Off on UK government to step in and pay people’s wages

In yet another unbelievable day of economic policy in action, the chancellor of the exchequer, Rishi Sunak, announced yesterday the latest measures to protect people’s income, keep businesses alive, and encourage spending in the economy.  […]

an image of currency in Saudi Arabia when they announced a 10% increase in VAT
Consumer and Business Behaviour

VAT to be tripled in Saudi Arabia to 15%

May 11, 2020 Comments Off on VAT to be tripled in Saudi Arabia to 15%

Saudi Arabia, the second largest oil producing nation in the world, has for the last few years been trying desperately to diversify its economy and reduce their dependence on the export of oil. Despite being […]

Economic News

China makes pledge to be ‘carbon neutral’ by 2060

October 20, 2020 Comments Off on 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 be carbon neutral by the year 2060. That gives the world’s second largest economy, and […]

Aggregate Demand and Supply

Dark days for the UK economy…

September 29, 2022 Comments Off on 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, Kwasi Kwarteng, announced the largest tax cuts in 50 years the economy seems to […]

Keep Curious.

Basic Economic Concepts

Are diamonds really that scarce?

December 30, 2019 Comments Off on Are diamonds really that scarce?

There is nothing which says wealth more than a glittering diamond. Equally, we are led to believe that there is nothing that says love more than that same diamond. This however, is a total myth, and a […]

Consumer and Business Behaviour

Billionaire Tax: The Quest for Fairness!

October 24, 2023 Comments Off on Billionaire Tax: The Quest for Fairness!

Billionaires around the world might need to keep a closer eye on their bank accounts. A recent report by the EU Tax Observatory suggests that some of the world’s wealthiest individuals are paying little to […]

Curious?

Inflation Unveiled: Making Cents of Our Changing Economy

October 31, 2023 Comments Off on Inflation Unveiled: Making Cents of Our Changing Economy

Definition of Inflation and Deflation Inflation often conjures images of rising prices, crowded shopping malls, and the palpable anxiety of our money’s diminishing purchasing power. At its core, inflation is when the general level of […]

SGD News.

Economic News

Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States

May 12, 2026 Comments Off on Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States

As petrol prices continue to rise in the United States, not all consumers are feeling the impact equally. New research from the Federal Reserve of New York shows that lower-income households are cutting back sharply […]

Economic News

Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

January 19, 2026 Comments Off on Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

Luxembourg has introduced a new solar subsidy scheme designed to accelerate the transition to renewable energy by reducing the upfront costs faced by households. Under the new pre-financing system, which came into force on January […]

Economic News

BP’s Brazil Oil Find Tests the Trade-Offs Between Growth and Sustainability

August 13, 2025 Comments Off on BP’s Brazil Oil Find Tests the Trade-Offs Between Growth and Sustainability

BP has announced its largest oil and gas discovery in a quarter of a century, this time in deep waters off Brazil. The “Bumerangue” field could become a major new production hub and marks BP’s […]

Policy Spotlight.

Economic News

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

May 5, 2026 Comments Off on South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?

South Korea has launched a major new policy, the “Youth New Deal,” aimed at tackling rising youth unemployment. Despite overall employment increasing, the proportion of young people (aged 15–29) in work has fallen to 43.5%, […]

Economic News

Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

January 19, 2026 Comments Off on Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

Luxembourg has introduced a new solar subsidy scheme designed to accelerate the transition to renewable energy by reducing the upfront costs faced by households. Under the new pre-financing system, which came into force on January […]

Economic News

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

November 11, 2025 Comments Off on Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

New York City has a new mayor, and his signature promise fits on a protest sign: Freeze the Rent. Zohran Mamdani, a democratic socialist and former state assembly member from Queens, swept into office by […]

Copyright © 2026 | MH Magazine WordPress Theme by MH Themes