Thailand’s Wage Hike: A Double-Edged Sword?
The Curious Economist
by TheCuriousEconomist
1w ago
The government in Thailand plans to raise the daily minimum wage by 14%, reaching 400 baht ($10.88) by October 1. This move has sparked concern among business groups, fearing that higher labour costs could lead ..read more
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Apple Faces Criticism Over New Ad Campaign
The Curious Economist
by TheCuriousEconomist
3w ago
Apple’s latest advertising campaign, intended to highlight the creative potential compacted into its new iPad, has inadvertently ignited a storm of controversy. The ad visually represents creativity being compressed by destroying various objects, including musical ..read more
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Germany Unemployment Forecast for a Decade High
The Curious Economist
by TheCuriousEconomist
1M ago
Germany is poised to witness a significant rise in unemployment, reaching levels not seen since 2015, with an expected peak of nearly 2.8 million jobless individuals this year. Despite the high figures, these numbers remain ..read more
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India Set to Overtake Japan as World’s Third Largest Economy by 2025
The Curious Economist
by TheCuriousEconomist
1M ago
India is poised to surpass Japan as the world’s third-largest economy by 2025, with a projected nominal GDP of $4.34 trillion compared to Japan’s $4.31 trillion. This forecast by the International Monetary Fund (IMF) comes ..read more
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China’s Economy Surges with High-Tech Manufacturing Boost
The Curious Economist
by TheCuriousEconomist
1M ago
China’s economy demonstrated a stronger-than-anticipated performance at the beginning of the year, primarily fueled by significant advancements in high-tech manufacturing sectors. The National Bureau of Statistics reported a 5.3% increase in GDP for the first ..read more
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CHIPS act to fuel Samsung’s Texas Expansion
The Curious Economist
by TheCuriousEconomist
1M ago
In a move to bolster the United States’ semiconductor capacity, the CHIPS Act has earmarked approximately $52 billion in funding for the sector, aiming to reduce dependence on overseas chip manufacturing. Samsung, plans to use ..read more
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Turkey’s Inflation Soars to 68.5%
The Curious Economist
by TheCuriousEconomist
1M ago
Turkey’s inflation rate surged to 68.5% in March, marking a slight increase from February’s 67.1%, as reported by the Turkish Statistical Institute. The monthly consumer price jump of 3.16% was notably influenced by sectors such ..read more
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EU Probes into Chinese Solar Firms for Possible Unfair Subsidies
The Curious Economist
by TheCuriousEconomist
1M ago
The European Commission has initiated inquiries into two Chinese solar panel manufacturers amid concerns of potential government subsidies that contravene EU competition regulations. These investigations emerge as these firms vie for a contract to develop ..read more
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Japan Bids Farewell to Negative Interest Rates
The Curious Economist
by TheCuriousEconomist
2M ago
In a significant policy shift, the Bank of Japan (BOJ) has ended its eight-year experiment with negative interest rates, initiating its first rate hike in 17 years. This move adjusts the short-term policy rate from ..read more
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Uber to Pay $271.8 Million in Landmark Australian Settlement
The Curious Economist
by TheCuriousEconomist
2M ago
Uber has reached a monumental $271.8 million settlement with Australian taxi and hire car drivers, operators, and license holders. This compensation is for the economic losses they suffered following Uber’s entrance into the Australian market ..read more
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