It's great to want wage growth, but the way we're going about it could stunt the recovery
Mar 22, 2021 13:17 pm UTC| Insights & Views Economy
The Reserve Bank is going all out for wage growth sustainably above 3% the kind of wage growth Australia hasnt seen for the best part of a decade. It has already committed itself to achieving an actual inflation...
Why can't the IRS just send Americans a refund – or a bill?
Mar 22, 2021 12:46 pm UTC| Economy
The Internal Revenue Service has postponed the April 15 tax filing deadline to May 17. If taxpayers need even more time to file federal returns, the agency added, they can request an extension until Oct. 15. This...
S. Korea to expand pet fish market by 35% in 2025
Mar 22, 2021 05:49 am UTC| Economy
South Korea will seek to expand the local pet fish market by 35 percent from the current 487.3 billion won to 657 billion won in 2025 by developing more local species and promoting its purchase. According to the...
S. Korea's seaport cargo volume sinks 2.3% in Feb.
Mar 22, 2021 04:41 am UTC| Economy
South Koreas cargo volume at seaports declined 2.3 percent to 118 million tons of cargo in February from 121 million tons a year earlier. Container cargo processed at the seaports dropped 0.9 percent on-year at 2.21...
S. Korea's economy forecast to grow 3.2% this year
Mar 19, 2021 01:54 am UTC| Economy
South Koreas economy will grow 3.2 percent this year as the start of vaccinations raised hopes of a solid economic recovery from the COVID-19 pandemic, according to the ASEAN+3 Macroeconomic Research Office (AMRO). The...
Japan to temporarily raise tariffs on US beef imports
Mar 18, 2021 23:55 pm UTC| Economy
Japan is raising tariffs on US beef imports from 25.8 percent to 38.5 percent for 30 days as volumes have exceeded levels under the Japan-US trade agreement for the fiscal year ending on March 31. The last time the...
Using game-based learning to teach economics during times of disruption
Mar 18, 2021 14:45 pm UTC| Insights & Views Economy
The educational disruption caused by the Covid-19 outbreak represents a significant challenge for teachers all over the world. The situation requires adapting the organization of lectures and the learning style to a fully...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects