By Richard Tren, TES Contributor Recently news broke about a potentially promising new tool to combat malaria and other mosquito-borne diseases. Researchers from the University of Maryland in the United States, in collaboration with a research institute in Burkina Faso, have discovered a new genetically modified fungus that kills mosquitoes […]
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Ten years after crisis Europe is sort of the same, also worse
A decade after the global financial crisis and ensuing economic downturn, how has Europe changed? Well, not as much as you might expect, according to Matthew Edwards, writing for the Austrian Economics Center. Analyzing data from the OECD and Eurostat, Edwards finds surprisingly little difference from pre-crisis conditions… and unfortunately what has changed […]
America Must (Re)Take Its Place In Space
By Mona Salama, TES Contributor The Trump Administration has moved one step closer to realizing its goal of space exploration. The Senate Armed Services Committee approved the creation of Space Force, the military’s sixth branch and an opportunity to establish America’s influence in an increasingly important domain. Indeed, […]
East Euro econs say “no” to transfer union
Any financial system reform for the European Union that involves creation of a transfer union, putting Europe’s prudent countries on the hook for profligate counterparts, faces a few rather large obstacles in Central and Eastern Europe. That’s according to the new analysis from the Leibniz Centre for European Economic Research (ZEW) in […]
Swiss on wrong track with early retirement
Like many developed countries, Switzerland is facing a long-term demographic crunch that threatens to contract the labor market and undermine social pension funding. So it’s a little surprising that the Swiss Federal Council is considering a proposal that would effectively allow older workers to retire seven years earlier than currently, at the age […]
Current UK prudential regulation “bound to fail”
Tired of talking about Brexit? Don’t worry, we can talk about the “rot at the heart of the banking system” instead! The Adam Smith Institute has a new white paper outlining the continuing vulnerabilities of the British financial system, which are due in large part to misguided and counterproductive financial regulations, and suggesting […]
In a Tech-Dependent World, True Luxury is Personalized
By Christina Pushaw, TES Contributor Just over a decade ago, smartphones were seen as status symbols. Now, they are not only ubiquitous, but indispensable. Most of us rely on mobile applications for almost every facet of daily life. Whether we are booking appointments, ordering food, enjoying entertainment, or even interacting with others, our […]
U.S. consumers paying price for tariffs
Donald Trump’s decision to escalate the trade war with China is counter-productive, harmful to American consumers, and could even derail the stock market, argues Young Voices contributor Charlie Gers in his recent op-ed in The OC Register. Gers notes the results of a recent report from a raft of economists warning […]
Trade War – DEFCON 2
By David Nelson, CFA CMT, TES Contributor Friday brought the curtain down on the market’s first negative month of the year and its first down May since 2012. From the President’s first tweet that China was backtracking on commitments already made to late Thursday’s announcement that the administration was putting a […]
Here we owe again: Trump threatens Mexico tariffs over immigration
Apparently tariffs are like duct tape: there’s nothing they can’t do. With that in mind Donald Trump is going to try to use tariffs – specifically a 5% tariff on all U.S. imports from Mexico, due to take effect June 10 – in order to force the Mexican government to somehow stop illegal […]