Simply Economics

Every day, a team of AIs deliver simple, straightforward updates from the world of economics.

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Episodes

Monday May 13, 2024

Malaysia's Johor touts special economic zone as the 'Shenzhen of Southeast Asia'. London's strength suggests economic recovery has further to run. Economics class: UK's gender pay gap will take decades to close at the current rate. Tech giants spark market rally despite economic headwinds.Sources:https://www.scmp.com/news/asia/southeast-asia/article/3262462/shenzhen-southeast-asia-malaysias-johor-plays-singapore-linked-special-economic-zonehttps://www.cityam.com/londons-strength-suggests-economic-recovery-has-further-to-run/https://www.ft.com/content/10a706b8-1c7b-42ea-bdec-839b2cbc7a3chttps://finimize.com/content/tech-giants-spark-market-rally-despite-economic-headwindsOutline:(00:00:00) Introduction(00:00:43) Malaysia’s Johor touts special economic zone as ‘Shenzhen of Southeast Asia’(00:03:31) London's strength suggests economic recovery has further to run(00:06:02) Economics class: UK’s gender pay gap will take decades to close at current rate(00:08:46) Tech Giants Spark Market Rally Despite Economic Headwinds

Sunday May 12, 2024

Explore how California is building career pathways to its rapidly growing blue economy. Also, discover the improving key indicators signaling a positive outlook for China's economy. Plus, delve into the economics behind Portugal's footballing growth and the forgotten economist who shaped India's economic development.Sources:https://www.pressdemocrat.com/article/news/california-career-pathways-economic-sector-ocean/https://www.chinadaily.com.cn/a/202405/11/WS663eefa7a31082fc043c691a.htmlhttps://portugoal.net/uncategorized/3870-evolving-ecosystem-the-economics-behind-portugals-footballing-growthhttps://www.tribuneindia.com/news/features/the-moral-voice-kn-raj-an-economist-with-sociological-approach-620356Outline:(00:00:00) Introduction(00:00:42) How California is building career pathways to its next big economic sector: the ocean(00:04:01) Improving key indicators signal positive outlook for China's economy(00:07:09) Evolving ecosystem: the economics behind Portugal’s footballing growth(00:11:34) The moral voice: KN Raj, an economist with sociological approach

Saturday May 11, 2024

Pakistan's stock market soars, signaling an economic upturn. Explore the economic impact of Taylor Swift's concert tour. Get insights from an analysis of the recent jobs report. US consumer confidence hits a six-month low amid economic uncertainty.Sources:https://finimize.com/content/pakistans-stock-market-soars-signaling-economic-upturnhttps://www.bigissue.com/culture/music/taylor-swift-eras-tour-economy-swiftonomics/https://www.fox21news.com/news/economic-update/economic-update-recent-jobs-report/https://finimize.com/content/us-consumer-confidence-hits-six-month-low-amid-economic-uncertaintyOutline:(00:00:00) Introduction(00:00:40) Pakistan's Stock Market Soars, Signaling Economic Upturn(00:03:05) Swiftonomics: This is what happens to a local economy when Taylor Swift comes to town(00:05:13) Economic Update: Recent Jobs Report(00:08:40) US Consumer Confidence Hits Six-Month Low Amid Economic Uncertainty

Friday May 10, 2024

The UK has officially moved out of recession, marking a return to growth. Explore the challenges of global trade and economic nationalism. Analyze the complex mix of economic signals in the US and the implications for market uncertainty. Discover the high demand for US bonds and its impact on monetary policy. Stay informed about these crucial economic developments and their potential impact on the global economy.Sources:https://www.theguardian.com/business/article/2024/may/10/uk-out-of-recession-gdp-economyhttps://www.hindustantimes.com/ht-insight/economy/global-trade-versus-economic-nationalism-101715321621869.htmlhttps://finimize.com/content/mixed-signals-us-economic-indicators-stir-market-uncertaintyhttps://finimize.com/content/us-bond-auction-attracts-high-demand-amid-economic-optimismOutline:(00:00:00) Introduction(00:00:42) UK has moved out of recession, official figures show(00:03:06) Mixed Signals: US Economic Indicators Stir Market Uncertainty(00:06:15) US Bond Auction Attracts High Demand Amid Economic Optimism

Thursday May 09, 2024

Why China's diversified economy garners both praise and criticism. Bright spots for Idaho in overall economic forecast, regional economist says. Plus, gold prices steady with US economic data on tap. Also, Nigeria under economic and security siege - Anglican Primate.Sources:https://www.scmp.com/opinion/china-opinion/article/3261989/why-chinas-diversified-economy-garners-both-praise-and-criticismhttps://www.eastidahonews.com/2024/05/bright-spots-for-idaho-in-overall-economic-forecast-regional-economist-says/https://www.moneycontrol.com/news/business/markets/gold-prices-steady-with-us-economic-data-on-tap-12717944.htmlhttps://dailytrust.com/nigeria-under-economic-security-siege-anglican-primate/Outline:(00:00:00) Introduction(00:00:40) Opinion | Why China’s diversified economy garners both praise and criticism(00:03:17) Bright spots for Idaho in overall economic forecast, regional economist says(00:05:26) Gold prices steady with US economic data on tap(00:08:25) Nigeria under economic, security siege – Anglican Primate

Wednesday May 08, 2024

Economists back Bank of Thailand's autonomy. New economic forecast highlights growth of international visits to the U.S. Decoding Economics: US Fed paper says inequality increases financial vulnerability. IMF official: China's economic growth provides a welcome lift to global demand.Sources:https://www.bangkokpost.com/business/general/2788810/economists-back-bots-autonomyhttps://www.hospitalitynet.org/news/4121845.htmlhttps://www.moneycontrol.com/news/opinion/decoding-economics-a-us-fed-paper-says-inequality-increases-financial-vulnerability-12717042.htmlhttps://news.cgtn.com/news/2024-05-08/China-s-economic-growth-provides-a-welcome-lift-to-global-demand-1tqEa8Oogk8/p.htmlOutline:(00:00:00) Introduction(00:00:41) Economists back BoT"s autonomy(00:02:45) New Economic Forecast Highlights Growth of International Visits to U.S.(00:06:05) Decoding Economics: US Fed paper says inequality increases financial vulnerability(00:09:02) IMF official: China's economic growth provides a welcome lift to global demand

Tuesday May 07, 2024

Britain's economic recovery is picking up pace, with key sectors experiencing growth. Nearly half of Australia's working artists earn less than $10,000 a year, highlighting ongoing economic disparities. The economic effects of tighter lending by banks raise concerns about potential consequences. Stay informed about these important economic developments and their implications for the UK, Australia, and the global economy.Sources:https://www.thetimes.co.uk/article/britains-economic-recovery-picking-up-pace-qqc37dgmhhttps://www.abc.net.au/news/2024-05-07/creative-australia-artists-at-work-artist-income-inequality/103803622https://www.ft.com/content/464d506f-b8c1-44fd-b8d0-fcee362c07e5https://www.frbsf.org/research-and-insights/publications/economic-letter/2024/05/economic-effects-of-tighter-lending-by-banksOutline:(00:00:00) Introduction(00:00:39) Britain’s economic recovery ‘picking up pace’(00:04:00) Nearly half of Australia's working artists earn less than $10,000 a year(00:06:58) US High School Economics class: Pepsi revenue declines after US consumers flinch at higher prices(00:07:29) Economic Effects of Tighter Lending by Banks

Monday May 06, 2024

The bullish case for USD/JPY is eroding fast as US economic data rolls over. Explore the potential implications of weakening US economic data on the currency pair. Also, discover the importance of adopting a humane approach to economics in the age of artificial intelligence and digital technologies.Sources:https://www.forex.com/ie/news-and-analysis/usd-jpy-bullish-case-eroding-fast-as-us-economic-data-rolls-over/https://www.forbes.com/sites/hamiltonmann/2024/05/06/there-will-be-no-human-centered-ai-without-humane-economics/https://www.forex.com/ie/news-and-analysis/usd-jpy-bullish-case-eroding-fast-as-us-economic-data-rolls-over/https://www.forex.com/ie/news-and-analysis/usd-jpy-bullish-case-eroding-fast-as-us-economic-data-rolls-over/Outline:(00:00:00) Introduction(00:00:37) USD/JPY: Bullish case eroding fast as US economic data rolls over(00:03:02) There Will Be No Human-Centered AI Without Humane Economics(00:06:16) USD/JPY: Bullish case eroding fast as US economic data rolls over(00:08:59) USD/JPY: Bullish case eroding fast as US economic data rolls over

Sunday May 05, 2024

Explore the evolution and impact of ESG in shaping business practices. Analyze the implications of the White House economic adviser's struggle with monetary policy. Delve into the debate over supermarket pricing and its impact on consumers and suppliers. Experience the heartwarming reunion of a college batch after five decades.Sources:https://www.straitstimes.com/opinion/what-s-missing-in-esg-economics-of-coursehttps://www.foxbusiness.com/politics/white-house-economic-adviser-struggles-with-question-on-monetary-policyhttps://quadrant.org.au/opinion/economics/2024/05/magic-pudding-economics-at-the-supermarket/https://www.thehindu.com/news/cities/chennai/the-1971-ba-economics-batch-of-vivekananda-college-brings-a-pattern-to-its-reunions/article68140478.eceOutline:(00:00:00) Introduction(00:00:40) What’s missing in ESG? Economics, of course(00:03:31) White House economic adviser struggles with question on monetary policy(00:07:25) Magic Pudding Economics at the Supermarket(00:07:59) The 1971 BA Economics batch of Vivekananda College brings a pattern to its reunions

Saturday May 04, 2024

Amarillo sees a rise in economic development and tourism costs. Governor Maura Healey lauds economic development initiatives. The Breaux Bridge Crawfish Festival provides an economic boost for local businesses. The MXLAN Economic International Summit stresses future workforce opportunities on the border.Sources:https://www.newschannel10.com/2024/05/03/amarillo-sees-rise-economic-development-tourism-costs/https://www.berkshireeagle.com/business/healey-lauds-economic-development-initiatives/article_bce93d64-07fb-11ef-81c7-777e54caf990.htmlhttps://www.klfy.com/local/st-martin-parish/breaux-bridge-crawfish-festival-provides-economic-boost-for-local-businesses/https://www.wane.com/news/mxlan-economic-international-summit-stresses-future-workforce-opportunities-on-border/Outline:(00:00:00) Introduction(00:00:40) Amarillo sees rise in economic development and tourism costs(00:03:04) Healey lauds economic development initiatives(00:06:12) Breaux Bridge Crawfish Festival provides economic boost for local businesses(00:08:00) MXLAN Economic International Summit stresses future workforce opportunities on border

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