Simply Economics

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

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Episodes

Tuesday Jun 04, 2024

Discover the domino effect of global economic threats and the interconnectedness of challenges faced by business leaders. Explore the socio-economic and political implications of the Paris 2024 Olympic Games. Uncover the truth behind the myth of deglobalization and its consequences. Stay informed about the complex world of economics with 'Simply Economics'.Sources:https://fortune.com/2024/06/04/global-business-leaders-worries-risk-climate-change-inflation-cyberattacks-interconnected-problems/https://thepeninsulaqatar.com/opinion/04/06/2024/paris-2024-a-crossroads-of-sports-economics-society-and-politicshttps://www.foreignaffairs.com/china/globalization-dangerous-myth-economy-brad-setserhttps://thepeninsulaqatar.com/opinion/04/06/2024/paris-2024-a-crossroads-of-sports-economics-society-and-politicsOutline:(00:00:00) Introduction(00:00:42) The economic threats global business leaders worry about most—and how they could have a domino effect(00:03:27) Paris 2024: A crossroads of sports, economics, society and politics(00:06:20) The Dangerous Myth of Deglobalization(00:09:00) Paris 2024: A crossroads of sports, economics, society and politics

Monday Jun 03, 2024

Renowned economist criticizes China's unwillingness to boost consumer demand. Explore the need for a new international economic order. Plus, gold prices await US economic reports and Thai economy shows signs of growth.Sources:https://theedgemalaysia.com/node/713956https://news.cgtn.com/news/2024-06-03/Building-a-stable-international-economic-order-1u3m9hrHWQ8/p.htmlhttps://www.thehindubusinessline.com/markets/gold/gold-prices-unchanged-as-market-awaits-us-economic-reports/article68245387.ecehttps://www.thailand-business-news.com/economics/143950-thai-economy-improved-in-april-with-growth-driven-by-tourist-arrivalsOutline:(00:00:00) Introduction(00:00:40) Economist says China is ‘bizarrely unwilling’ to boost demand(00:02:45) Building a stable international economic order(00:05:56) Gold prices unchanged as market awaits US economic reports(00:08:21) Thai economy improved in April with growth driven by tourist arrivals

Sunday Jun 02, 2024

Explore the dynamic nature of comparative and competitive advantages in today's global economy. Also, discover the economic impact felt across West Virginia when college students leave for summer break. Plus, the first annual convocation of Ambedkar School of Economics University and HUD's funding to support economic independence for low-income families.Sources:https://www.gulf-times.com/article/683849/opinion/economic-development-in-age-of-great-power-competitionhttps://www.wvnews.com/statejournal/news/economic-impact-felt-across-west-virginia-when-college-students-leave/article_a61b69ac-1d15-11ef-8250-a3ac65787be9.htmlhttps://www.thehindu.com/news/cities/bangalore/first-annual-convocation-of-ambedkar-school-of-economics-university-to-be-held-on-june-19/article68239858.ecehttps://coloradonewsline.com/briefs/hud-announces-funding-to-support-economic-independence-for-low-income-families/Outline:(00:00:00) Introduction(00:00:45) Economic development in age of great-power competition(00:03:31) Economic impact felt across West Virginia when college students leave(00:06:10) First annual convocation of Ambedkar School of Economics University to be held on June 19(00:08:20) HUD announces funding to support economic independence for low-income families

Saturday Jun 01, 2024

Cyprus receives praise from the IMF for its economic performance, but recommendations for further strengthening the economy are made. The State Games of Mississippi has a significant economic impact on Meridian. Plus, an update on the global economy and its implications for portfolios. Also, the economic impact of college students leaving West Virginia during summer break.Sources:https://cyprus-mail.com/2024/06/01/our-view-cyprus-always-ignored-the-advice-of-highly-qualified-economists/https://www.wtok.com/2024/06/01/economic-impact-that-state-games-mississippi-has-meridian/https://www.rbcwealthmanagement.com/en-ca/insights/state-of-economic-playhttps://www.wvnews.com/statejournal/news/economic-impact-felt-across-west-virginia-when-college-students-leave/article_a61b69ac-1d15-11ef-8250-a3ac65787be9.htmlOutline:(00:00:00) Introduction(00:00:39) Our View: Cyprus always ignored the advice of highly qualified economists(00:03:40) The economic impact that the State Games of Mississippi has on Meridian(00:06:09) State of economic play(00:09:05) Economic impact felt across West Virginia when college students leave

Friday May 31, 2024

Don't believe the AI hype - a critical perspective on AI's economic impact. Lessons from Lithuania on managing economic risks with China. The US dollar faces a downward trend as bonds find a bid. PortMiami's economic impact surpasses $61 billion. Explore these diverse economic topics on 'Simply Economics'.Sources:https://theedgemalaysia.com/node/713112https://thediplomat.com/2024/05/lessons-from-lithuania-how-asean-can-manage-economic-risks-with-china/https://www.forexlive.com/news/us-dollar-dips-after-economic-data-as-bonds-find-a-bid-20240530/https://www.floridadaily.com/report-shows-portmiamis-economic-impact-topped-61-billion/Outline:(00:00:00) Introduction(00:00:39) Economics For The Many: Don’t Believe the AI Hype(00:04:00) Lessons From Lithuania: How ASEAN Can Manage Economic Risks With China(00:07:05) US dollar dips after economic data as bonds find a bid(00:09:49) Report Shows PortMiami’s Economic Impact Topped $61 Billion

Thursday May 30, 2024

The economic climate in Cyprus shows signs of improvement, while silver prices face a downward trend. E-commerce is driving economic and social growth in Italy, and Latin Resources announces a resource upgrade. Stay informed about the latest economic developments with 'Simply Economics'.Sources:https://cyprus-mail.com/2024/05/30/cyprus-economic-climate-improves-in-may/https://www.fxstreet.com/news/silver-price-forecast-xag-usd-trades-lower-around-3150-us-economic-data-awaited-202405300634https://www.aboutamazon.eu/news/empowering-small-business/e-commerce-as-an-engine-of-economic-and-social-growth-in-italyhttps://stockhead.com.au/resources/lrs-higher-confidence-colina-lithium-resource-to-improve-dfs-economics/Outline:(00:00:00) Introduction(00:00:38) Cyprus economic climate improves in May(00:03:50) Silver Price Forecast: XAG/USD trades lower around $31.50, US economic data awaited(00:06:24) E-commerce as an engine of economic and social growth in Italy(00:07:12) LRS’ higher confidence Colina lithium resource to improve DFS economics

Wednesday May 29, 2024

Dialogue on China-Italy economic relations at the Tsinghua PBCSF Global Finance Forum. Economists report on a modest intervention that helps low-income families beat the poverty trap. Decoding Economics: Do umpires play with a straight bat? This key economic indicator rose for the first time in months. Stay informed on the latest developments in international finance, poverty alleviation, sports economics, and consumer confidence with Simply Economics.Sources:https://news.cgtn.com/news/2024-05-29/Dialogue-on-China-Italy-economic-relations-1tZP1jSTwac/p.htmlhttps://phys.org/news/2024-05-economists-modest-intervention-income-families.htmlhttps://www.moneycontrol.com/news/opinion/decoding-economics-do-umpires-play-with-a-straight-bat-12735107.htmlhttps://www.fxstreet.com/analysis/this-key-economic-indicator-rose-for-the-first-time-in-months-202405290500Outline:(00:00:00) Introduction(00:00:47) Dialogue on China-Italy economic relations(00:02:16) Economists report on a modest intervention that helps low-income families beat the poverty trap(00:04:32) Decoding Economics: Do umpires play with a straight bat?(00:07:11) This key economic indicator rose for the first time in months

Tuesday May 28, 2024

New research shows economic optimism among European accommodation operators at an all-time high. More stimulus measures are needed to tackle economic growth. Plus, the US sharply raises tariffs on Chinese EVs and semiconductor imports. Also, the good reasons for a Thai economic stimulus.Sources:https://www.htrends.com/trends-detail-sid-131699.htmlhttps://www.nationthailand.com/https://www.ft.com/content/dc80e167-7e61-4a13-b995-5052afefbfcahttps://fulcrum.sg/the-good-reasons-for-a-thai-economic-stimulus/Outline:(00:00:00) Introduction(00:00:42) New Research Shows Economic Optimism Among European Accommodation Operators at an All Time High(00:02:55) More stimulus measures needed to tackle economic growth(00:03:56) US High School Economics class: US sharply raises tariffs on Chinese EVs and semiconductor imports(00:07:18) The Good Reasons for a Thai Economic Stimulus

Monday May 27, 2024

Germany's business sentiment data and the economics of parenting are in focus. Plus, an analysis of the broken politics and its impact on the economy. Also, economists need to reskill for the age of AI. Stay informed with 'Simply Economics' as we explore these important topics and their implications for the global economy.Sources:https://www.rttnews.com/3450306/european-economic-news-preview-germany-business-sentiment-data-due.aspxhttps://www.ft.com/content/a83c186d-e9b0-41f3-81e6-30d2d074cebfhttps://www.twincities.com/2024/05/26/real-world-economics-the-old-fashioned-politics-of-consensus-is-dead/https://www.livemint.com/opinion/online-views/economists-should-reskill-themselves-for-the-age-of-ai-11716741687267.htmlOutline:(00:00:00) Introduction(00:00:43) European Economic News Preview: Germany Business Sentiment Data Due(00:03:55) The Economics of Parenting(00:06:38) Real World Economics: The old-fashioned politics of consensus is dead(00:08:56) Economists should reskill themselves for the age of AI

Sunday May 26, 2024

The growing economic divide in America and the struggles faced by companies. The potential economic impact of the ClimateTech Initiative in Massachusetts. An expert analysis of the latest inflation data. The major factors contributing to Russia's impending economic chaos. Stay informed with 'Simply Economics' as we delve into these important economic topics.Sources:https://lavocedinewyork.com/en/news/2024/05/25/rising-prices-falling-confidence-the-growing-economic-divide-in-america/https://indiaeducationdiary.in/umass-amherst-donahue-institute-report-indicates-climatetech-initiative-to-yield-16b-economic-impact-over-10-years/https://globalnews.ca/video/10524739/economics-expert-weighs-in-on-latest-inflation-data/https://www.kyivpost.com/post/33014Outline:(00:00:00) Introduction(00:00:48) Rising Prices, Falling Confidence: The Growing Economic Divide in America(00:03:13) UMass Amherst: Donahue Institute Report Indicates ClimateTech Initiative to Yield $16B Economic Impact Over 10 Years(00:06:05) Economics expert weighs in on latest inflation data | Watch News Videos Online(00:08:48) Five Major Factors Why Russia’s Economy Is Verging on Chaos

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