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Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualize weekly economic events and cut through the noise of the data impacting global economies.

Vital Signs Series

Vital Signs: COVID-19 recession is different – and we need more stimulus to deal with it.

Jun 21, 2020 03:30 am UTC| Economy

Australia has done well on the public health front during the COVID-19 pandemic, thanks to decisive action by the National Cabinet in March. Australia has done better than most countries on the economic front, too, thanks...

Vital Signs Series

Modelling tells us the coronavirus app will need a big take-up, economics tells us how to get it

Apr 26, 2020 05:30 am UTC| Technology

With Australias test-confirmed daily COVID-19 infection rates continuing to fall to relatively low levels, there is considerable discussion about when and how the successful containment measures might be...

Vital Signs Series

The end of the checkout signals a dire future for those without the right skills

Jan 18, 2020 04:45 am UTC| Insights & Views Economy

There has already been a fair number of jobs lost to automation over recent decades from factory workers to bank tellers. In the coming decade we might see radically larger numbers of jobs lost to automation, thanks to...

Vital Signs Series

Untaxing childcare is a bold idea that seems unfair, but might benefit us all

Nov 24, 2019 14:17 pm UTC| Insights & Views Economy

Australias system of childcare support is pretty good. It ensures high-quality care is provided to a large number of children, it is targeted through income-based subsidies, and it is attentive to the needs of...

Vital Signs Series

To tackle unemployment, start by empowering jobseekers

Nov 19, 2019 02:45 am UTC| Insights & Views Economy

If youve ever lost your job, youll know how overwhelming and difficult it can be. One day youre in work, the next youre not and so starts the hunt to find another job. This can be particularly tricky if you lose your...

Vital Signs Series

Interest only loans are an economic debacle that could bust the property market

Apr 27, 2018 07:40 am UTC| Insights & Views Economy Real Estate

This week: This risks of interest only loans that the RBA is ignoring and more revenue for the government ahead of the budget. Australian taxpayers wont face a rise in taxes now that Treasurer Scott Morrison...

Vital Signs Series

The calm before the storm in US-China trade

Apr 20, 2018 05:38 am UTC| Insights & Views Economy

This week: the US administration continues its anti-trade rhetoric, China grows a little faster than expected, Australian employment figures underwhelm, and the RBA seems unperturbed by household borrowing...

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Economy

Afghanistan inks $160 million solar and wind power deal with US, Turkey, India.

Afghanistan signed a $160 million solar photovoltaic and wind power project deal with the US Agency for International Development (USAID), Turkey, and India that will bolster its grid by 110 megawatts in the next 16...

UAE, Israel eye energy, infrastructure cooperation

The energy ministers of the UAE and Israel explored possible investment opportunities in energy, infrastructure, oil, gas, and renewable energy in a video call on Wednesday. The two countries also focused on advanced...

S. Korean healthcare and cosmetics exports surge 42% in August

South Korea exported US$1.69 billion worth of pharmaceuticals, cosmetics, and medical devices in August, up 42 percent from a year ago. According to data from the Korea Health Industry Development Institute (KHIDI), the...

CaixaBank's acquisition of Bankia to create Spain's largest bank

CaixaBank will acquire state-owned Bankia in an all-share deal that would create Spains largest bank with total assets exceeding $786.6 billion. The deal will help the companies tackle dwindling profitability due to the...

Dubai’s DP World to work with Israel’s DoverTower in bid for Haifa Port

Dubai state-owned DP World is teaming up with Israels DoverTower in a joint venture that will bid in the privatization and to conduct a study on opening a direct shipping line between the two Middle East states. Haifa...

Politics

Joe Biden endorsed by nearly 500 former top military and national security officials

Since the report from the Atlantic revealing Donald Trumps disparaging comments regarding fallen military officials, the relationship between Trump and the military has since gone under strain. As the weeks narrow down...

Michelle Obama: Ex-FLOTUS says ignore Donald Trump's conspiracy theories about mail-in voting

Despite voting in a similar manner himself during the state elections and primaries, Donald Trump and his allies have repeatedly claimed that mail-in voting, especially at this time of a pandemic, would lead Americans to...

Melania Trump, Donald Trump booed upon visit to Supreme Court to pay respects to Ruth Bader Ginsburg

The passing of Justice Ruth Bader Ginsburg has led to a partisan clash as to when her replacement is to be selected, with Donald Trump pushing to nominate a new Justice by the weekend. As he and first lady Melania Trump...

Donald Trump claims FDA's potential strengthening of guidelines for COVID-19 vaccine is a political move

Donald Trump has repeatedly claimed that a COVID-19 vaccine would be ready sometime before the election. Following news of the Food and Drug Administrations potential plans to consider tougher guidelines when it comes to...

Science

NASA: Cyclones on Jupiter captured by Juno spacecraft

NASA is closely monitoring other planets in our solar system for signs of unusual activity in order to learn more about the universe. The Juno spacecraft was able to capture unusual weather within the gas giant as it...

Aliens: Experts claim to develop technology that could potentially detect life outside Earth

Along with exploring asteroids and other planets and phenomena in space, scientists are also looking for possible signs of life. In an effort to ultimately answer the question of whether or not we are alone in the...

COVID-19 cure: UK-based researchers make breakthrough in finding 'druggable pocket' in coronavirus

When it comes to finding or developing a cure for the coronavirus or COVID-19, scientists are still in the midst of research and development with some already moving on to preliminary testing. As a definitive cure for the...

Aliens: Scientists present technique to detect water on exoplanets in search for life

In space exploration, scientists are also closely monitoring the cosmos for signs of alien life. A group of astronomers from the United Kingdom have proposed a method to find a certain building block of life on...

Technology

‘Among Us’ is getting a new stage and location following the sequel’s cancellation

Among Us developer and publisher InnerSloth confirmed that the sequel it announced just a little more than a month ago has been canceled. However, fans might still welcome this decision as it also paves the way for the...

‘Starfield’ was close to being a PlayStation 5-exclusive title, report says

Bethesda Game Studios track record in making video games is enough to increase expectations on Starfield. It was then not surprising that Sony reportedly negotiated for the new IP to be initially exclusive on PlayStation...

‘Spider-Man: Remastered’: PlayStation 5 upgrade won’t be free and won’t be sold separately

Marvels Spider-Man had been a critically acclaimed game when it launched in 2018, so it is not surprising that it is one of the first PS4 games to get remastered for PlayStation 5. There are some caveats, though. The...

Naughty Dog hints at ‘exciting things planned’ for ‘The Last of Us’ Day

The Last of Us Part 2 developer Naughty Dog recently announced it is changing the name of an annual event for its fans. It has also somehow led to speculations that the highly requested online multiplayer could be...
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