What's the charitable deduction? An economist explains
Jun 20, 2021 12:22 pm UTC| Economy
The charitable deduction is a dollar-for-dollar reduction in taxable income that lowers what someone owes the Internal Revenue Service. Only donations to tax-exempt charities count. This giving incentive is available...
Small towns are collapsing across South Africa. How it's starting to affect farming
Jun 20, 2021 12:13 pm UTC| Economy
Farming and agribusiness play a crucial role in sustaining the economies of small towns and rural areas. There is a lot of evidence of this in the economic literature and in the popular media. This dependency has its...
Exclusive. Top economists call for budget measures to speed the switch to electric cars
Jun 20, 2021 12:05 pm UTC| Economy
Australias top economists overwhelmingly back government measures to speed the transition to electric cars in order to meet emission reduction targets. An exclusive poll of 62 of Australias preeminent economists ...
Why has growth slowed globally? It has something to do with technology
Jun 20, 2021 11:57 am UTC| Insights & Views Economy
Even before COVID-19 hit, Australia was experiencing slow growth in GDP per capita and real wages. There has been a distinctly lower rate of both economic and real wages growth since the financial crisis of...
S. Korea’s coal power firms shunned from financing due to application of ESG standards
Jun 19, 2021 21:00 pm UTC| Economy Business
Financial investors are increasingly shunning South Koreas coal power companies due to the growing adoption of environmental, social, and governance (ESG) standards in investment. Brokerage companies are now reluctant...
Kakao T, two other taxi-hailing brands register as transportation operators
Jun 19, 2021 19:52 pm UTC| Economy Business
South Koreas government has officially approved three major taxi-hailing service brands as platform operators, namely are Kakao T of Kakao Mobility, Banban Taxi of Kornatus, and i.M. Taxi of Jin Mobility to diversify means...
Singapore replacing Hong Kong as financial hub for S.Korean banks
Jun 19, 2021 15:26 pm UTC| Economy Business
Major South Korean banks are rushing to establish their presence in Singapore, which is replacing Hong Kong as Asias financial hub. Hana Financial Group Inc. and KB Kookmin Bank recently obtained preliminary approval to...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight