Baltic Dry Index Suggests Stormy Times for Global Economy
The cost of hiring a freight-liner to carry products around the world has collapsed in recent months. If the Baltic Dry Index is any guide for the global economy, the picture is looking decidedly...
EU launches anti-dumping probe on Chinese steel
The pressure for official investigations into allegations that China is dumping steel into the European Union has been mounting for many months. Now the EU has decided to extend their probe into...
GSK hit by fine for anti-competitive behaviour
Quelle surprise - on being fined for anti-competitive behaviour, GSK deny the allegations and argue that they brought the drugs of their generic rivals to the market earlier, saving the NHS money....
St Mary Magdalene Academy Economics Question Time (2016)
We are delighted to add details of the 2016 St Mary Magdalene Academy Economics Question Time event to be held in London on 9th March. Tickets are free and a warm welcome is extended to economics...
The England football team suit and globalisation
The story of the creation of the England football team's suit for Euro 2016 is a great example to use in analysing globalistion, with elements created all over the world - look at the map below,...
Behavioural economics on Valentine’s Day
A joke blog today. Slightly better than the dreadful economics valentine’s jokes here.
Information failure, consumer behaviour and prices
Here's a good spot from regular t2u contributor Penny Brooks, who is highlighting to her students this week an article from the BBC on how businesses can confuse consumers with their price offers....
Finland suffers a slump in economic growth
Finland used to be one of the European Union's most prosperous countries. That was during the heyday of former mobile phone giant Nokia, before the global economic crisis. Now economic growth is...
BREXIT and the UK economy - The Beast Tool
What is the likely impact of a Brexit on the UK economy? Bloomberg Intelligence's Jamie Murray reports on possible outcomes to the U.K. economy if there is a Brexit
Collapsing commodity prices hit South African miners
The dramatic fall in commodity prices is hitting employment in the South African economy.
Dambisa Moyo on fixing economic growth
Here's a very recent TED talk from Dambisa Moyo on fixing stalling economic growth. She argues that capitalism isn't creating the growth we need, and in both state-sponsored and market-driven...
What have Trade Unions ever done for us?
For students born in the aftermath of Thatcherite reform which cast the unions as the industrial bogeyman, this TUC video goes some way towards redressing the balance. So what have the unions done...
Scale of UK food bank use continues to grow
New data from the Trussell Trust finds that the number of people given emergency food help has continued to grow with over 1 million people receiving assistance in 2014-15 compared to 128,000 in...
Apprenticeships lower German youth unemployment
Britain has always lagged behind our Continental rivals in providing vocational training and this clip from BBC news highlights the apprenticeship system operated by Siemens - its costs/benefits to...
Beer Mergers: Asahi buys Peroni and Grolsch
As part of the AB InBev SABMiller deal, the mega-brewer has been forced to divest itself of some of its brands.
FT Video: Takeovers Explained
An excellent short resource to use when teaching the economics of business takeovers. n the first part of the new FT video series Finance Decoded, City editor Jonathan Guthrie explains how deal...
UK GDP grows by 2.2% in 2015
The provisional data shows that the UK economy enjoyed a 12th consecutive quarter of real GDP growth in the final three months of 2015.
Thirst for Coffee Brews Chronic Supply Shortage
Elementary demand and supply factors at play here: there's the prospect of higher coffee prices. Changing consumer tastes, as artisan coffee houses become the norm in cities such as London, mean...
UK Trade in Goods Deficit reaches new record in 2015
A familiar refrain: the trade deficit remains a problem and so it proves once again in the 4th quarter of 2015: the annual deficit widened by £1.9bn to a record £125bn, with the quarter registering...
Julian Assange, rational choice theory, and the game of Go
IS JULIAN Assange rational? There are no prizes for guessing the responses of most readers to this question. He faces questioning over allegations (which he denies) in Sweden, and he claims that...