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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
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Consumer and Business Behaviour

Some Hidden Truths behind that “Made in the USA” label

April 9, 2023 TheCuriousEconomist Comments Off on Some Hidden Truths behind that “Made in the USA” label

A recent survey by the Department of Labor’s Wage and Hour Division revealed that some Southern California garment workers are earning as little as $1.58 per hour in what officials call “sweatshops.” These workers make […]

Consumer and Business Behaviour

German Workers Strike Amid Soaring Inflation

March 27, 2023 TheCuriousEconomist Comments Off on German Workers Strike Amid Soaring Inflation

German workers began a massive strike this week as Europe’s largest economy grapples with soaring inflation. The strikes, which will impact mass transport and airports, are some of the largest in decades and reflect growing […]

Curious?

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

September 25, 2020 TheCuriousEconomist Comments Off on 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 crisis. With the job retention scheme set to end at the end of October, both employers and […]

Consumer and Business Behaviour

Striking staff could mean a shortage of Jammie Dodgers!

September 9, 2020 TheCuriousEconomist Comments Off on Striking staff could mean a shortage of Jammie Dodgers!

Biscuit fans beware, if either Jamie Dodgers or Wagon Wheels are amongst your favourites, the followings news may be distressing. Production of Jammie Dodgers and Wagon Wheels could be stopped this month as factory workers […]

Economic News

Venezuela sees 275% increase in minimum wage!

January 1, 2020 TheCuriousEconomist Comments Off on Venezuela sees 275% increase in minimum wage!

The President of Venezuela Nicolas Maduro has passed legislation to increase the country’s minimum wage by a whopping 275% from 40,000 bolivars to 150,000 (around $8). With rampant hyperinflation, this is an attempt by the […]

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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?

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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.

an image of parliament where the UK government meet
Curious?

UK government to borrow over £200 billion to fight Covid-19 – but who do they borrow from?

April 24, 2020 Comments Off on UK government to borrow over £200 billion to fight Covid-19 – but who do they borrow from?

In the last three months, governments around the world have been spending huge sums of money on packages to reduce the economic devastation being caused by Covid-19. So far, the global response has amounted to […]

Curious?

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

May 14, 2021 Comments Off on 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. From May 26th, all Ohioans over the age of 18 who have received the first […]

an image to show the increasing demand for ramen
Basic Economic Concepts

Ramen: the inferior good behaving like an… inferior good!

April 8, 2020 Comments Off on Ramen: the inferior good behaving like an… inferior good!

For a student of economics, one of the first concepts we learn about is the different types of goods. That is a normal good, a luxury good, and an inferior good. By normal, we don’t […]

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 […]

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