India's early heat wave in 2022 a sign of climate change

04/03/2022

Linked Articles

India sees warmest March in 122 years, lowest rainfall since 1908

The Hindu 04/02/2022

Pti

DW.COM 03/31/2022

Sushmitha Ramakrishnan

India's effort in mobile manufacturing with PLI incentives, and in 5G

12/16/2020

Unprecedented effort in India in 5G by 2021-2022 and in mobile manufacturing under PLI incentives by 2025.

Linked Articles

‘India will prove cynics wrong...’: Mukesh Ambani on economy, Jio 5G, vaccine

Hindustan Times 12/08/2020

Hindustan Times 12/16/2020

Pope Francis and the challenge of the modern world in 2020

11/27/2020

Two crises back to back in 2010 and 2020 putting the working class, middle class and poor further behind each ten years. Pope Francis calls this a challenge for the modern world in his new book "Let us Dream- The Path To a Better Future." He says "we cannot return to the false securities of the political and economic systems before the pandemic, we need economies that give access to all of the fruits of creation, to the basic needs of life, land lodging and labor."

Linked Articles

A Humble Pope, Challenging the World

New York Times 09/18/2015

Jim Yardley, Jim, Yardley

NYTimes.com 11/27/2020

Pope Francis

Coronavirus impact on economy- over 10% second quarter GDP decline in Europe

08/01/2020

Linked Articles

Coronavirus leads to record drop in German GDP | DW | 30.07.2020

DW.COM 07/30/2020

DW.COM 07/31/2020

Economic losses of 3% in GDP per head with Brexit and 8% with no-deal Brexit leaving Britons poorer

12/01/2018

As the Brexit option becomes clear as a hit to ordinary Britons and the British economy prime minister Theresa May takes her deal to the British parliament for a vote. Most opinion says it will be rejected, if not rejected outright by Conservatives and Labour MP's. A second vote may be taken. The Opposition Labour Party prepares for a new election with a divided government.

Linked Articles

How to make yourself poorer

The Economist 11/30/2018

The Economist 11/30/2018

Emmanuel Macron and the challenge of reviving France's economy

05/08/2017

France's central bank chief Noyer points out that once the public sector crosses the line of 55% of the economy France loses ground. Jobs created are from an earlier period, and fewer new technology jobs of the future are created. The challenge for Macron is to rein in the public sector and revive French industry so new jobs are created for young people.

Linked Articles

Macron's presidency: It's the economy, stupid! | Business | DW.COM | 08.05.2017

DW.COM 05/08/2017

Timothy Rooks

Wall Street Journal 05/29/2013

Wsj Editorial, Wsj, Editorial

Sharp contrast between the Trump and Clinton economic plans- Trump's negative in the long run, Clinton's positive in the long run

10/18/2016

Economic experts look at the Trump and Clinton economic plans, Trump's based on extreme borrowing and Clinton's careful about deficits. Trump's plan aggravates the wide disparities in income in America after the tech booms and Clinton's reduces these disparities. Clinton's preserves global trading system while addressing the problems, Trump's moves in the direction of protectionism and high tariffs with potential unintended consequences for the global economy.

Linked Articles

Donald Trump’s Economic Plan, Up Close, Doesn’t Add Up

WSJ 10/18/2016

Greg Ip

WSJ 10/17/2016

Richard Rubin

Why initiating Brexit by invoking the Lisbon Treaty's Article 50 could go into 2017, or even past 2020 into new general elections- (2) the British economy and the Bank of England's stimulus effort to avoid a recession

08/16/2016

The stimulus action of the Bank of England in August 2016 was designed to avert a recession in Britain. The Bank of England estimates that even with the stimulus the Brexit move will lead to a 1% drop in economic growth every year for 3 years as compared to staying in the European Union. The British public is weary of the austerity programs for 7 years under finance minister Osborne. if higher growth under Brexit turns out to be an illusion as the Bank of England forecasts show, there would be reason for much reflection on the meaning of the vote- seeing it as a rejection of the Cameron-Osborne government in favor of a government more in tune with the interests of working class people under Theresa May.

Linked Articles

Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016

DW.COM 08/15/2016

Bernd Riegert / Db

The Telegraph 08/04/2016

Szu Ping Chan

Speaker Paul Ryan's House seat in Janesville, Wisconsin- improving economy in a U.S. midwestern factory town and the debate on trade, help for working class families

08/10/2016

The unemployment rate in Janesville, Wisconsin drops to 4.4% in May 2016, according to the Bureau of Labor Statistics. It was over 9% following the closing of the GM plant and the recession from the 2008 financial crisis. A working class town Janesville was hit hard by the closing of the GM plant in 2008. Amy Goldstein of the Washington Post describes the impact of losing about 5000 jobs at the GM plant, and the problems typical of most manufacturing dependent towns. Throughout the period since being first elected to Congress in 1998 Ryan has continued to be able to get elected on the basis of faith, family and public service, even though some of his policies may not have helped the poor and elderly or laid off workers. Ryan voted for rescuing the auto industry and worked hard to keep the GM plant, and listens to his constituents, and as the economy recovered by 2016 won easily in this old industrial midwestern town. His influence in national politics gives Janesville an opportunity to be heard, as it tackles problems common to many midwestern towns in the U.S.

Linked Articles

Could Paul Ryan’s ideas help his struggling home town? - The Washington Post

Washington Post 08/19/2012

Amy Goldstein, Amy, Goldstein

The Guardian 08/10/2016

David Smith

The dangers in the Trump position of high tariffs for the U.S. and global economy- instead of higher growth consensus of estimates point to U.S. and global recession and layoffs

03/25/2016

Linked Articles

Five myths about trade - The Washington Post

Washington Post 04/10/2016

Jim Tankersley, Jim, Tankersley

Wall Street Journal 03/25/2016

Bob Davis, Bob, Davis

Donald Trump's proposal for 45% tariff on China's exports to the U.S.- how a policy of bringing jobs home could lead to the loss of 1 million U.S. jobs

03/08/2016

By damaging the international trading system including with allies such a Canada, Britain, France and Germany, the result of a downward spiral through higher tariffs in other countries, could end up costing the U.S. 1 million jobs. Under such a system the U.S. would lose many of the advantages of its booming tech sector, its tech driven global advantages in many industries, without signifcant gains in low cost imports such as clothing which would simply migrate to other countries such as India. The problem of worker wage stagnation in the U.S., and loss of jobs in certain sectors, is very real, but this is the wrong way to tackle the problem. China is already moving towards a consumer driven economy. Economists show that trade with Mexico would be seriously hurt both ways, creating more pressure of migrants at the border under such proposals as a 45% tariff and its indirect effect on Mexico, when the actual fact is that net migration from Mexico is the lowest it has ben in decades. Politics can do strange things as when two senators Smoot and Hawley from agricultural states Utah and Oregon, at the head of important committees in the U.S. Congress pushed and passed legislation for a 60% tariff in 1930 for the industrial sector they had no idea about. When Smoot and Hawley lost reelection in 1932 they left behind a lot of damage, especially for the farmers and workers they thought they were fighting for.

Linked Articles

How Trump’s Hard Line on Trade Could Backfire

Wall Street Journal 03/25/2016

Bob Davis, Bob, Davis

Wall Street Journal 03/08/2016

Holman W. Jenkins Jr., Holman, W., Jenkins, Jr.

2016 U.S. presidential candidate Jeb Bush's Tax Plan that spells out details, and takes a shot at 4% growth for restoring lost social and economic mobility in the U.S.

09/09/2015

The efforts to wrestle with the deficit in 2011-2012 led to a vigorous debate on changing the tax code, yet political leaders failed to take up new ideas or spell out the details. Jeb Bush, with advisors Martin Feldstein and Kevin Warsh, takes the unconventional approach of putting in the details, and taking up ideas such as the idea of limiting itemized deductions to 2% of adjusted gross income proposed by Feldstein in that debate. On the $2.1 trillion in income held overseas by U.S. companies Bush proposes 8.75% tax paid over 10 years. On business investment he proposes capital investment be allowed to be deducted in full immediately. It is based on the idea that business investment can drive a vigorous recovery, that workers bear 50% of the burden of higer taxes through sluggish wage growth. It levels the playing field for debt and equity capital, removing "carried interest" provision, as a lesson from the excessive leverage taken by financial institutions in the past.

Linked Articles

The Bush Growth Plan

Wall Street Journal 09/10/2015

Editorial

New York Times 09/09/2015

Alan Rappeport, Alan, Rappeport, Matt Flegenheimer, Matt, Flegenheimer

The lack of a strong connection between China's stock markets and the economy in August 2015, with a growing services sector

08/25/2015

Linked Articles

China’s economy is in big trouble. But it is not collapsing. - The Washington Post

Washington Post 08/25/2015

Emily Rauhala, Emily, Rauhala

Washington Post 08/25/2015

Simon Denyer, Simon, Denyer