Simply Economics

Europe’s Vulnerable Economy, Japan’s Economic Contraction, Gold Buying Frenzy in Southeast Asia

Europe's vulnerable economy faces geopolitical turbulence. Japan revises economic growth downward as data shows sluggish demand. A gold buying frenzy grips Vietnam and Thailand amidst mounting economic fears. Stay informed about the latest economic developments in Europe, Japan, and Southeast Asia on Simply Economics!Sources:https://foreignpolicy.com/2024/07/01/europe-eu-economy-gdp-markets-trade-china/https://www.washingtonpost.com/business/2024/07/01/japan-economy-gdp-tankan/dfc23302-3773-11ef-93fe-36cbc6f6ab36_story.htmlhttps://www.scmp.com/week-asia/economics/article/3268637/gold-buying-frenzy-grips-vietnam-and-thailand-economic-fears-mounthttps://www.rttnews.com/3457270/european-economic-news-preview-germany-inflation-data-due.aspxOutline:(00:00:00) Introduction(00:00:39) Europe’s Vulnerable Economy(00:04:06) Japan revises economic growth in 1Q downward, as latest data show sluggish demand and rising prices(00:07:21) Gold buying frenzy grips Vietnam and Thailand as economic fears mount(00:09:29) European Economic News Preview: Germany Inflation Data Due

Korea’s Economic Rebound Threatened, China’s Recovery Shaky, Greece’s Economic Sentiment Dips

Lackluster private spending poses a threat to Korea's economic rebound. China's economic recovery remains shaky as factory output contracts for a second straight month. Economic sentiment deteriorates in Greece as the index drops slightly in June. Plus, renowned economist Joseph Stiglitz warns of the dangers facing capitalism if Trump wins the upcoming election.Sources:https://www.koreatimes.co.kr/www/biz/2024/06/126_377725.htmlhttps://www.firstpost.com/world/chinas-economic-recovery-still-shaky-factory-output-contracts-for-second-straight-month-13787704.htmlhttps://www.focus-economics.com/countries/greece/news/economic-sentiment/greece-economic-sentiment-27-06-2024-economic-sentiment-deteriorates-in-june/https://english.elpais.com/economy-and-business/2024-06-30/joseph-stiglitz-we-still-have-time-to-save-capitalism-from-itself-but-if-trump-wins-it-will-be-harder.htmlOutline:(00:00:00) Introduction(00:00:41) Lackluster private spending poses threat to Korea's economic rebound(00:03:48) China's economic recovery still shaky, factory output contracts for second straight month(00:06:41) Economic sentiment deteriorates in June(00:09:25) Joseph Stiglitz: ‘We still have time to save capitalism from itself, but if Trump wins, it will be harder’

Interpreting Economic Records, Jordan-Palestine Economic Integration, Contrarian Investing, and Exposing Economic Cracks

The problem with Biden's and Trump's economic records: They're really messy. Jordan and Palestine discuss advancing economic integration. Why economists love this economy, but you don't. Economic cracks are getting exposed in the 2024 market bounty.Sources:https://www.cnn.com/2024/06/29/economy/economic-data-messy-elections/index.htmlhttps://www.jordannews.jo/Section-109/News/Jordan-Palestine-discuss-advancing-economic-integration-36265https://www.forbes.com/sites/michaelfoster/2024/06/29/why-economists-love-this-economy-but-you-dont/https://www.bnnbloomberg.ca/economic-cracks-are-getting-exposed-in-the-2024-market-bounty-1.2090995Outline:(00:00:00) Introduction(00:00:41) The problem with Biden’s and Trump’s economic records: They’re really messy(00:02:58) Jordan, Palestine discuss advancing economic integration - Jordan News | Latest News from Jordan, MENA(00:05:30) Why Economists Love This Economy, But You Don’t(00:08:07) Economic cracks are getting exposed in the 2024 market bounty

Swiggy’s Impressive Growth, German Business Confidence, Global Economic Calendar

Swiggy reports a 24% increase in revenue and plans for an IPO. German ifo business confidence data to be released. Traders and investors monitor key economic events worldwide. Plus, the UK faces challenges in the housing market and job market.Sources:https://economictimes.indiatimes.com/tech/technology/swiggys-fy24-revenue-up-24-quick-commerce-unit-economics-improve-prosus/articleshow/111223536.cmshttps://www.rttnews.com/3455887/european-economic-news-preview-german-ifo-business-confidence-due.aspxhttps://www.kaohooninternational.com/economics/541252https://www.theguardian.com/business/live/2024/jun/24/uk-economic-misery-index-election-advertised-salaries-fall-ftse-stock-markets-business-liveOutline:(00:00:00) Introduction(00:00:50) Swiggy’s FY24 revenue up 24%; quick commerce unit economics improve: Prosus(00:03:34) European Economic News Preview: German Ifo Business Confidence Due(00:06:05) Economic Calendar for 24 - 28 June 2024 with Fed's and ECB's Speeches, GDP, and Inflation Data(00:08:13) UK facing rise in economic Misery Index; advertised salaries fall

Rural Mainstreet Economy Declines, Roxbury Community College’s Center for Economic and Social Justice, France’s New Left-Wing Economic Program, Economic Border War Truce Examined

Creighton University regional survey shows the rural mainstreet economy down for the 10th straight month. Roxbury Community College breaks ground on the Center for Economic and Social Justice. France's new left-wing alliance unveils an ambitious economic program. Examining the economic border war truce between Missouri and Kansas.Sources:https://nebraskaexaminer.com/briefs/creighton-university-regional-survey-shows-rural-mainstreet-economy-down-for-10th-straight-month/https://www.bostonglobe.com/2024/06/21/metro/rcc-breaks-ground-center-economic-social-justice/https://www.france24.com/en/france/20240621-france-s-new-left-wing-alliance-unveils-ambitious-economic-programme-%E2%80%93-and-how-they-ll-pay-for-ithttps://www.kshb.com/news/local-news/examining-the-economic-border-war-truce-between-missouri-and-kansasOutline:(00:00:00) Introduction(00:00:48) Creighton University regional survey shows "rural mainstreet" economy down for 10th straight month(00:03:40) Roxbury Community College breaks ground on Center for Economic and Social Justice(00:07:17) France’s new left-wing alliance unveils ambitious economic programme – and how they'll pay for it(00:10:00) Examining the economic border war truce between Missouri and Kansas

Concerns over French Economic Proposals, Gender Bias in Economics, Costs of Sanctions, Michigan’s Stable Unemployment Rate

Concerns grow over economic proposals ahead of French elections. Is economics a losing game for women? Economists reveal the costs of sanctions. Economic indicators show Michigan's unemployment rate remains stable in May.Sources:https://www.euronews.com/my-europe/2024/06/21/concerns-grow-over-economic-proposals-ahead-of-french-snap-electionshttps://www.ft.com/content/e1d2a4d4-df3e-43ac-ba67-0aaf6b51dc45https://phys.org/news/2024-06-economists-reveal-sanctions.htmlhttps://www.detroitchamber.com/economic-indicators-michigan-unemployment-rate-remains-stable-in-may/Outline:(00:00:00) Introduction(00:00:38) Concerns grow over economic proposals ahead of French elections(00:02:48) Is economics a losing game for women?(00:06:48) Economists reveal the costs of sanctions(00:09:54) Economic Indicators: Michigan Unemployment Rate Remains Stable in May

China’s Economic Challenges and Natalie Foster’s Vision for Economic Stability

China maintains benchmark lending rates amidst economic challenges. Natalie Foster presents a groundbreaking vision for economic stability in her new book. Plus, B2Gold announces positive preliminary economic assessment results for the Gramalote project.Sources:https://www.kaohooninternational.com/economics/541150https://www.kqed.org/forum/2010101906093/natalie-fosters-the-guarantee-imagines-an-america-where-government-ensures-economic-stability-for-everyonehttps://www.kaohooninternational.com/economics/541150https://www.globenewswire.com/news-release/2024/06/19/2900890/0/en/B2Gold-Announces-Positive-Preliminary-Economic-Assessment-Results-for-the-Gramalote-Project-After-Tax-NPV-5-of-778-Million-with-an-After-Tax-IRR-of-20-6.htmlOutline:(00:00:00) Introduction(00:00:44) China Maintains Benchmark Lending Rates Amidst Economic Challenges(00:03:34) Natalie Foster’s ‘The Guarantee’ Imagines An America Where Government Ensures Economic Stability for Everyone(00:07:52) China Maintains Benchmark Lending Rates Amidst Economic Challenges(00:10:44) B2Gold Announces Positive Preliminary Economic Assessment Results for the Gramalote Project; After-Tax NPV (5%) of $778 Million with an After-Tax IRR of 20.6%

Mixed Trading in Asian Markets, German Economic Sentiment Rises Slightly

Asia Pacific markets trade mixed as investors assess Japan's economic data. German economic sentiment rises slightly in June. Plus, insights into the impact of private debt on New Zealand's credit rating and the economic impact of NJEDA's North Brunswick incubator.Sources:https://www.kaohooninternational.com/markets/541110https://www.rttnews.com/3454954/german-economic-sentiment-rises-slightly-in-june.aspxhttps://www.nzherald.co.nz/business/inside-economics-nzs-debt-woes-is-recession-worse-than-inflationand-whats-up-with-the-price-of-cheese/CRNPONPC7ZBYRCXCQOCDZRRSGI/https://www.roi-nj.com/2024/06/18/politics/njedas-north-brunswick-incubator-credited-with-over-9b-in-economic-impact-to-n-j/Outline:(00:00:00) Introduction(00:00:42) Asia Pacific Markets Trade Mixed as Investors Assess Japan’s Economic Data(00:03:27) German Economic Sentiment Rises Slightly In June(00:05:33) Inside Economics: NZ's debt woes, is recession worse than inflation... and the price of cheese(00:07:31) NJEDA’s North Brunswick incubator credited with over $9B in economic impact to N.J.

Southeast Asia’s Economic Recovery, Rising Food Costs in Nigeria

ICAEW reports on Q1 2024 economic growth in Southeast Asia and Malaysia. Rising food costs grip Nigeria, impacting families and economic stability. Plus, a book review of 'The Wealth of a Nation' by George Hodgson. Also, the IMD releases rankings of the world's most competitive economies.Sources:https://www.digitalnewsasia.com/business/icaew-q1-2024-economic-growth-southeast-asia-and-malaysia-buoyed-electronics-exportshttps://businessday.ng/analysis/article/economic-analysis-rising-food-costs-grip-nigeria-implications-for-families-and-economic-stability/https://www.centralbanking.com/central-banks/economics/macroeconomics/7961309/book-notes-the-wealth-of-a-nation-by-george-hodgsonhttps://www.9news.com.au/world/worlds-most-competitive-economies-where-australia-ranks/bd7fe181-4967-4827-b100-a5ce1472eaccOutline:(00:00:00) Introduction(00:00:41) ICAEW: Q1 2024 economic growth in Southeast Asia and Malaysia buoyed(00:03:37) Economic Analysis: Rising food costs grip Nigeria: Implications for families and economic stability(00:06:21) Book notes: The wealth of a nation, by George Hodgson(00:09:27) Where Australia places among the world's most competitive economies

Swiss Economic Forecasts Upgraded, Global Economic Calendar, India’s Freebie Mindset

SECO slightly upgrades Swiss economic forecasts, but below-average growth persists. Economic calendar for 17-21 June 2024 with inflation rates, central bank speeches, and rate decisions. We decode India's freebie mindset and discuss the challenges of balancing present needs with future sustainability. Plus, an analysis of whether we are in for a hard landing in the global economy.Sources:https://www.actionforex.com/live-comments/555734-seco-slightly-upgrades-swiss-economic-forecasts-but-below-average-growth-persists/https://www.kaohooninternational.com/economics/541008https://www.firstpost.com/opinion/we-get-the-economy-we-deserve-decoding-indias-freebie-mindset-13783202.htmlhttps://www.ft.com/content/ebf6b9b4-55d6-4e69-a3cc-f52ae3b51186Outline:(00:00:00) Introduction(00:00:43) SECO slightly upgrades Swiss economic forecasts, but below-average growth persists(00:02:55) Economic Calendar for 17 - 21 June 2024 with Inflation Rates, Fed's and ECB's Speeches, and BoE's Rate Decision(00:07:12) We get the economy we deserve: Decoding India’s freebie mindset(00:09:47) Are we in for a hard landing?