US economists win Nobel prize for work on climate and growth

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William Nordhaus and Paul Romer honoured over two of most basic and pressing issues Two American economists at the forefront of work on climate change and the role of governments in boosting growth have been jointly awarded the prestigious Nobel Memorial prize for economics. The Royal Swedish Academy of Sciences said William Nordhaus and Paul […]

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Weak economic recovery was down to flawed policies, not secular stagnation | Joseph Stiglitz

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Lesson to be learned from 2008 financial crisis is that the challenge was and is – political In the aftermath of the 2008 financial crisis, some economists argued that the US, and perhaps the global economy, was suffering from secular stagnation an idea first conceived in the aftermath of the Great Depression. Economies had always […]

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EU acts to protect firms from Donald Trump’s sanctions against Iran

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Companies told to ignore White House demands to drop all business with Iran The EU has launched an attempt to protect European businesses from Donald Trumps sanctions against Iran as the US administration voiced its intent to apply maximum pressure on Tehran by vigorously applying its punitive measures. The sanctions are to enter into force […]

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U.S. to Raise Tariffs on $16 Billion of China Goods on Aug. 23

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The U.S. said it will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war between the world’s two biggest economies. Customs will begin collecting the duties on 279 product lines, down from 284 items on the initial list, as of Aug. 23, the U.S. […]

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Trump, Juncker Tout Deal Pulling Back From U.S.-EU Trade War

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President Donald Trump and European Commission President Jean-Claude Juncker agreed to suspend new tariffs while negotiating over trade, pulling the U.S. and Europe back from the edge of a transatlantic trade war. The leaders pledged to expand European imports of U.S. liquefied natural gas and soybeans and both vowed to lower industrial tariffs, excluding autos. […]

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Marcus, Casper, Oscar: Why StartupsAre Obsessed With Human Names

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“A person’s name is to him or her the sweetest and most important sound in any language.” Though Dale Carnegie was talking about nurturing relationships, a lot of startups these days are incorporating his observation into branding strategy. They are naming themselves after people.  Over the past few years, a crowd of new companies has emerged across […]

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Richest 1% on target to own two-thirds of all wealth by 2030

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World leaders urged to act as anger over inequality reaches a tipping point The worlds richest 1% are on course to control as much as two-thirds of the worlds wealth by 2030, according to a shocking analysis that has lead to a cross-party call for action. World leaders are being warned that the continued accumulation […]

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Trump’s Tariffs on Solar Mark Biggest Blow to Renewables Yet

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President Donald Trump dealt his biggest blow to the renewable energy industry yet. On Monday, Trump approved duties of as much as 30 percent on solar equipment made outside the U.S., a move that threatens to handicap a $28 billion industry that relies on parts made abroad for 80 percent of its supply.  The tariffs are […]

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We should all be working a four-day week. Heres why | Owen Jones

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Ending life-sapping excessive hours was a pioneering demand for the labour movement. For the sake of our health and the economy we need to revisit it Imagine there was a single policy that would slash unemployment and underemployment, tackle health conditions ranging from mental distress to high blood pressure, increase productivity, help the environment, improve […]

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Michael Bloomberg: Brexit is stupidest thing any country has done besides Trump

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Exclusive: Billionaire media mogul says it is hard to understand why a country doing so well wanted to ruin it Michael Bloomberg, the billionaire media mogul and former mayor of New York, has said Brexit is the single stupidest thing any country has ever done apart from the election of Donald Trump as US president. […]

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