Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Wed, Nov 29, 2023 07:34 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Alexander Tziamalis

Senior Lecturer in Economics , Sheffield Hallam University

My academic background is in Economict (MSc, BSc) and social psychology (MA). My PhD research at the University of Sheffield was on skilled migration to the UK.

I am working as a Senior Lecturer at Sheffield Hallam University. My teaching and research interests focus on Macroeconomics and Behavioural Economics.

Four reasons inflation will stay stubbornly high for some time

Apr 12, 2023 12:52 pm UTC| Economy

Price inflation is starting to fall in many countries but it still remains way above the typical 2% target of most major economies. In the UK, inflation has been above target since August 2021 and in double digits since...

Inflation: why it's very unlikely to get back below 2% for years to come

Aug 21, 2022 17:14 pm UTC| Economy

Inflation in the UK and eurozone is still getting worse. UK prices rose a whopping 10.1% in July compared to a year earlier, while those in the eurozone went up 8.9% breaking longstanding records in both places. Contrast...

Five ways that the super-strong US dollar could hurt the world economy

Jul 11, 2022 05:51 am UTC| Economy

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the...

Real estate prices are reaching record highs but that doesn't mean it's the only time to sell

Dec 17, 2020 11:08 am UTC| Real Estate Economy

The real estate sector has unexpectedly thrived during the pandemic. In the last few months, property prices have broken one record after another, climbing to unprecedented heights. In times of recession, when...

Four ways economic crisis can change things for the better

May 20, 2020 15:35 pm UTC| Economy

It is common to hear people say that the epoch of enormous economic progress which characterised the last century is over. That a decline in prosperity is more likely than an improvement in the decade which lies ahead of...

Briferendum Aftermath Series

Brexit and weak government: a drama lesson from the Greece economy

Jun 19, 2017 15:43 pm UTC| Insights & Views Politics

The UK is not the first country to stand on the brink of leaving the EU. It may enjoy a far bigger and more productive economy than Greece, but there are alarming structural similarities between the two economies that cant...

What UK interest rates will mean for your mortgage choices

Feb 02, 2017 12:58 pm UTC| Insights & Views Economy Real Estate

For many of us, our home is the single most important investment we will make in our lifetime and mortgage payments can take up a huge chunk of our income. As politics and economics seem to deliver nothing but uncertainty,...

Economy

Western Pharma Shifts Focus from China to India Amid Rising Geopolitical Tensions

Western drugmakers are increasingly turning to alternative sources for drug production and clinical trials, shifting their attention away from Chinese contractors. According to industry experts and executives, this...

Stellantis and Italian Government Discuss Measures to Increase Car Production

Stellantis has initiated in-depth discussions with the Italian government with the primary objective of bolstering car production within the country. This collaborative effort aims to boost economic growth and streamline...

How governments use IMF bailouts to hurt political opponents – new research

Sri Lanka received a bailout from the International Monetary Fund (IMF) in March amid soaring inflation, debt and a sovereign default. In exchange for US$3 billion (2.4 billion), the government committed to spending...

The government just killed 50 infrastructure projects – what matters is whether it will fund them on merit from now on

The federal government has just announced a list of projects to be abandoned as a result of an independent strategic review of its infrastructure investment program. The review found the cost of the A$120 billion,...

Interim housing isn't just a roof and four walls. Good design is key to getting people out of homelessness

State governments across the country have plans to increase social and affordable housing to address ballooning waitlists. While necessary, this wont be enough to clear the backlog of people waiting for public...

Politics

What Joe Biden's meeting with Xi Jinping means for geopolitical tensions

U.S. President Joe Biden has engaged in a crucial face-to-face meeting with Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. This high-stakes diplomatic encounter was...

How a new identity-focused ideology has trapped the left and undermined social justice

Yasha Mounks new book, The Identity Trap: A Story of Ideas and Power in Our Time, explores a radical progressive ideology that has been taking the world by storm. From its unlikely beginnings in esoteric scholarly theories...

Rwanda plan: Rishi Sunak has insisted on pushing ahead – here's where he could take it next

The UK supreme court has ruled against the governments plan to deport some asylum seekers to Rwanda for processing. But this isnt the end of the story a version of the plan is likely to resurface in some form. The initial...

Myanmar’s military junta appears to be in terminal decline

Myint Swe, the acting president of Mynamars military government, has warned that the country will be split into various parts after his armed forces suffered huge territorial losses to resistance fighters recently. His...

China: why there has been a sudden 'surge' of antisemitism in the People's Republic

During the conflict between Hamas and Israel in Gaza, many nations have tried to maintain a neutral stance by not explicitly supporting either side. But despite attempts at balanced commentaries at the top of business and...

Science

NASA's first successful recovery of asteroid samples may reveal information about the origins of the universe

The OSIRIS-REx mission is NASAs first mission to collect samples from an asteroid in this case 101955 Bennu and return to Earth. OSIRIS-REx is an acronym for Origins, Spectral Interpretation, Resource Identification,...

Did this chemical reaction create the building blocks of life on Earth?

How did life begin? How did chemical reactions on the early Earth create complex, self-replicating structures that developed into living things as we know them? According to one school of thought, before the current era...

Will Saturn's rings really 'disappear' by 2025? An astronomer explains

If you can get your hands on a telescope, there are few sights more spectacular than the magnificent ringed planet Saturn. Currently, Saturn is clearly visible in the evening sky, at its highest just after sunset. Its...

Specialized training programs using sensory augmentation devices could prevent astronauts from getting disoriented in space

When landing on the surface of the Moon, astronauts can become spatially disoriented, which is when they lose sense of their orientation they might not be able to tell which way is up. This disorientation can lead to...

Is some of the body that collided with Earth to form the Moon still recognisable inside our planet?

Scientists have dated the birth of the Solar System to about 4.57 billion years ago. About 60 million years later a giant impact collision between the infant Earth and a Mars-sized body called Theia created the...

Technology

Software Issue Disrupts Didi Rides, Upsetting Commuters Across China

Didi Global Inc., Chinas equivalent of Uber Technologies Inc., faced a significant setback due to a software malfunction. This technical hiccup led to widespread service outages, impacting numerous commuters. Many...

China’s DiDi fined over $1 billion for data security laws violation

Shanghai Investment Firm 5Y Capital Nears $700 Million Funding Goal Amidst Tech Sector Challenges

Shanghais 5Y Capital, a significant player in venture funding, is nearing its ambitious goal of securing $700 million for a new venture fund. This achievement signals a resurgence of investor interest in the global...

European Tech Sector Faces Challenges and Shows Resilience Amid Global Economic Shifts

The European technology sector is navigating a challenging economic environment, as evidenced by recent data from venture capital firm Atomico. This year, European startups are expected to raise around $42 billion, a...

Hexa, Paris's Quiet Powerhouse in the Startup World

Tucked away in Paris, Hexa, a startup studio, has quietly made waves in the business-to-business (B2B) software realm. Though Hexa may not be a household name, its the force behind several successful unicorns like Front,...

Amazon Launches New Serverless Solutions to Simplify Database Management

Amazon recently unveiled its latest advancements in serverless technology during the AWS re:Invent conference in Las Vegas. These innovations aim to simplify the management of Aurora, Elastic Cache, and Redshift serverless...