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It’s my birthday this week and what better way to celebrate than joining my weekly newsletter, Sparky’s List! I mean, you *were* planning on celebrating, right? P.S., the back is on the mend.
How the new payment process for gas in Russia will work, including how it is settled at the Moscow Exchange, all of which leads to some interesting observations
You can hear in the background of this blog, like a creek at the end of a field, a constant wash of attitudes changing. Not much, to be honest, or not as much as I’d hope. At the end of college, a friend of mine was terrified of backing into just one role, ending up […]
The ongoing super feud between America and Russia has caused colossal collateral damage internationally, and everyone will feel the effects of the fallout. But what if there is a project that Russia and the US can collaborate on that would bring peace, progress and prosperity? The Inter-Continental Railway is an ambitious project connecting former foes to trade with one another which would generate commerce, not conflict, for everyone.
The post The Strait Guys: Connecting America And Russia appeared first on Renegade Inc.
Journalists really should take some time to learn how correspondent banking works
The state of the world from the elite point of view.
The post The Voldemort Index appeared first on Economics from the Top Down.
Women have outsize roles in paid and unpaid caregiving. Setting the right prosperity and parity goals could help preserve economic gains they’ve made, two researchers say.
[ A version of this article was also posted on Software Freedom Conservancy's blog. ]
So good, and so unexpected, has been Australia’s economic improvement over the past three months, it has wiped one-third of the projected 2022-23 budget deficit. Or it would have, had the government not decided to give away almost half (45%) the windfall.
That’s one way of looking at the difference between the projections in the December budget update and those presented three months later in Tuesday’s March budget. In December, the deficit for the coming financial year was to be A$98.9 billion.
In all international transactions they consumer pays with the currency they have and the producer gets the currency they want to hold. So why the big fuss over Russia’s requirement to receive Roubles?
As always, if you enjoy this work, please consider helping me keep it sustainable by joining my weekly newsletter, Sparky’s List!
“How democracies can be sustained as the likely contests over climate change and energy consumption destabilise them will become the central political question of the coming decade.” Professor Helen Thompson, ’Disorder: Hard Times in the 21st Century’ Like others, I became aware of Professor Helen Thompson’s astounding breadth of knowledge […]
Overwhelmingly, Australia’s top economists would rather the budget funds measures to cut carbon emissions than cuts income tax or company tax.
They are also dead against rumoured cuts to petrol tax and the tax on beer.
The Conversation’s pre-budget survey of a panel of 46 leading economists selected by the Economic Society of Australia finds almost half want a budget deficit smaller than the A$99.2 billion expected for 2021-22 and the $98.9 billion forecast for 2022-23 in the December budget update.
I’ve written the guest editorial for a special edition of the International Journal on Homelessness. The guest editorial provides a general overview of homelessness in Canada (and I believe it serves as a helpful stand-alone reading for practitioners, researchers, students and advocates). My guest editorial can be found here (in English): https://ojs.lib.uwo.ca/index.php/ijoh/article/view/14810/11659 My guest editorial can be found here (in [...]
GDP serves as a gauge of our economy’s overall size and health. Here’s what it includes (and what it doesn’t).
The biggest question relating to the management of the economy right now has nothing to do with next week’s budget. It has everything to do with the Reserve Bank and the board meetings that will follow it.
The question facing the board – the biggest there is when it comes to how the next few years are going to play out – is whether to hike interest rates just because prices are climbing.
On the face of it, it seems like no question at all. It is widely believed that that’s what the Reserve Bank does, mechanically. When inflation climbs above 3% (it’s currently 3.5%) the board hikes interest rates to bring it back down to somewhere within the bank’s target band of 2-3%.
