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Rhys ap Gwilym

Senior Lecturer in Economics, Bangor University
Dr Rhys ap Gwilym is a Senior Lecturer in Economics at Bangor University’s Business School. He trained as a macroeconomist at Cardiff University, gaining his PhD on the “Macroeconomic Implications of Behavioural Finance Models” in 2009. His academic research has involved developing models which introduce behavioural factors into macroeconomic analysis (including DSGE models) and the analysis of financial instruments in a general equilibrium setting. He has published in journals including the Journal of Banking and Finance, Economics Letters and the Southern Economic Journal.

More recently, his research interests have evolved to cover spatial economics and public finance. He is currently working on a project examining how geographical differences in access to finance influence regional economic disparities; in particular the links between the financialization of land and regional economic development.

Rhys has a strong interest in regional development policy and its role in Wales in particular. He has been a principal investigator on two grant-funded research projects for the Welsh Government relating to land value tax and tourism taxes. He is a member of the Institute of Welsh Affairs’ Economic Policy Group, where he has been involved in the development of discussion papers on the Welsh economy. He recently contributed to the “expert roundtable on the Welsh tax base & implications for public policy”.

Why you should expect to pay more tourist taxes – even though the evidence for them is unclear

May 09, 2024 07:09 am UTC| Insights & Views Business

In April 2024, Venice began its controversial experiment to charge day trippers 5 (4.30) to visit the city on some of the busiest days of the year. But its not just the lagoon city, with its 30 million visitors a year...

Economy

Gold Prices Hold Gains as U.S. Debt Concerns and Tariff Deadline Boost Safe-Haven Demand

Gold prices remained steady in Asian trade on Wednesday, consolidating sharp gains from earlier this week as rising U.S. fiscal deficit concerns and trade policy uncertainty bolstered safe-haven demand. Spot gold hovered...

Trump Signals Possible U.S.-India Trade Deal, Threatens Higher Tariffs on Japan

President Donald Trump said the U.S. may soon finalize a trade agreement with India that would lower tariffs and improve market access for American companies. Speaking aboard Air Force One, Trump noted that India appears...

Canada Pushes for Full Exemption from Trump’s Tariffs Amid Trade Talks

Canada is pushing for a full exemption from all U.S. tariffs imposed under President Donald Trumps trade policies, according to Canadian Ambassador to the U.S. Kirsten Hillman. Speaking to The Globe and Mail, Hillman, who...

Asian Currencies Slip as Dollar Steadies Amid Fed Rate Cut Bets and Trade Tensions

Asian currencies weakened on Wednesday as the U.S. dollar stabilized near three-year lows, driven by market attention on the Federal Reserves potential rate cuts and U.S. trade policy deadlines. The dollars gains were...

Asian Stocks Fall as Dollar Slips on Rate Cut Hopes and Trade Uncertainty

Asian stocks declined on Wednesday as investors reacted to growing uncertainty over U.S. interest rate cuts and global trade negotiations ahead of President Donald Trumps July 9 tariff deadline. Trump ruled out extending...

Politics

Thailand PM Paetongtarn Suspended Amid Ethics Probe, Deputy Takes Over

Thailands Constitutional Court has suspended Prime Minister Paetongtarn Shinawatra as it reviews a petition filed by 36 senators accusing her of dishonesty and breaching constitutional ethics. The case centers on a leaked...

Quad Condemns Kashmir Terror Attack, Urges Swift Justice

The Quadcomprising the United States, India, Japan, and Australiaissued a strong condemnation of the April 22 Islamist militant attack in India-administered Kashmir that killed 26 people. In a joint statement released by...

Paramount Settles Trump Lawsuit Over CBS Interview for $16 Million

Paramount Global, the parent company of CBS, has agreed to pay $16 million to settle a lawsuit filed by U.S. President Donald Trump over a controversial 60 Minutes interview aired in October. The funds will be allocated to...

Pentagon Pauses Some Ukraine Arms Shipments Amid Stockpile Concerns

The Pentagon has delayed select arms shipments to Ukraine, including air defense missiles and precision munitions, citing concerns over critically low U.S. stockpiles, according to sources familiar with the matter. The...

Quad Launches Critical Minerals Initiative Amid Trade Tensions with China

The U.S. has joined Australia, India, and Japan to launch the Quad Critical Minerals Initiative, aiming to secure and diversify global supply chains and reduce dependency on Chinas dominance in the critical minerals...

Science

FDA Lifts REMS Requirement for CAR-T Cell Cancer Therapies

The U.S. Food and Drug Administration (FDA) has removed the Risk Evaluation and Mitigation Strategies (REMS) requirement for all currently approved CAR-T cell therapies, a move expected to improve patient access to these...

Neuren Pharmaceuticals Surges on U.S. Patent Win for Rare Disorder Drug

Shares of Neuren Pharmaceuticals Ltd (ASX:NEU) jumped over 10% on Thursday after the company announced a key development in its rare disease pipeline. The U.S. Patent and Trademark Office has approved Neurens patent...

CDC Vaccine Review Sparks Controversy Over Thimerosal Study Citation

A presentation on thimerosal, a mercury-based vaccine preservative, set to be delivered to the CDCs advisory committee has come under scrutiny for referencing a non-existent study. The report, Thimerosal as a Vaccine...

SpaceX Starship Explodes in Texas During Test, Citing Nitrogen Tank Failure

SpaceXs Starship spacecraft exploded in a dramatic fireball during a late-night test at the companys Starbase facility in Brownsville, Texas, on June 18, 2025. The 400-foot Mars-bound rocket, a key part of Elon Musks...

NASA Astronauts Wilmore and Williams Recover After Boeing Starliner Delay

NASA astronauts Butch Wilmore and Suni Williams are steadily recovering after spending nine unexpected months aboard the International Space Station (ISS) due to issues with Boeings Starliner capsule. Initially intended...

Technology

TikTok Shop Faces Layoffs Amid E-Commerce Restructuring and U.S. Pressure

TikTok and its parent company ByteDance are preparing for another round of layoffs, this time targeting the global e-commerce division, according to internal memos obtained by Business Insider. The restructuring will...

Alibaba Cloud Expands in Southeast Asia Amid $53B AI Investment Push

Alibaba Cloud (NYSE:BABA) has announced the launch of its third data center in Malaysia and plans to open a second center in the Philippines by October, further advancing its aggressive AI and cloud infrastructure...

Intel CEO Considers Strategic Shift Away from 18A to Win Major Foundry Clients

Intel CEO Lip-Bu Tan is reportedly considering a major change to the companys foundry strategy by halting promotion of its 18A chipmaking process to external customers, sources told Reuters. This pivot could mark a costly...

U.S. Senate Overwhelmingly Votes to End Federal AI Regulation Ban

The Republican-led U.S. Senate voted 99-1 on Tuesday to eliminate a 10-year federal moratorium on state-level regulation of artificial intelligence (AI), marking a major shift in the ongoing debate over AI governance. The...

Meta Launches Superintelligence Labs to Accelerate AGI Push

Meta CEO Mark Zuckerberg has unveiled a major restructuring of the companys AI division by launching Meta Superintelligence Labs, a new unit focused on advancing artificial general intelligence (AGI). Leading the...