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  1. Higher energy costs are also spreading through the economy, driving up the price of airfares and goods that move by truck, including groceries. On Wednesday, the government said wholesale prices rose in April at their fastest pace in more than three years.
    #economics #costofliving #war #Iran #macroeconomics #Israel #corruption #Trumpism
    washingtonpost.com/business/20

  2. Higher energy costs are also spreading through the economy, driving up the price of airfares and goods that move by truck, including groceries. On Wednesday, the government said wholesale prices rose in April at their fastest pace in more than three years.
    #economics #costofliving #war #Iran #macroeconomics #Israel #corruption #Trumpism
    washingtonpost.com/business/20

  3. Higher energy costs are also spreading through the economy, driving up the price of airfares and goods that move by truck, including groceries. On Wednesday, the government said wholesale prices rose in April at their fastest pace in more than three years.
    #economics #costofliving #war #Iran #macroeconomics #Israel #corruption #Trumpism
    washingtonpost.com/business/20

  4. Higher energy costs are also spreading through the economy, driving up the price of airfares and goods that move by truck, including groceries. On Wednesday, the government said wholesale prices rose in April at their fastest pace in more than three years.
    #economics #costofliving #war #Iran #macroeconomics #Israel #corruption #Trumpism
    washingtonpost.com/business/20

  5. The overall increase marks the steepest year-over-year rise since May 2023 — when inflation hit a 4 percent pace — and the second consecutive month in which the conflict in the Middle East has measurably pushed prices higher for American consumers. Core inflation, which strips out volatile food and energy prices, rose 2.8 percent over the year ending in April, up from 2.6 percent in March.
    #economics #USpolitics #macroeconomics #inflation #policy #costofliving #Trumpism
    washingtonpost.com/business/20

  6. The overall increase marks the steepest year-over-year rise since May 2023 — when inflation hit a 4 percent pace — and the second consecutive month in which the conflict in the Middle East has measurably pushed prices higher for American consumers. Core inflation, which strips out volatile food and energy prices, rose 2.8 percent over the year ending in April, up from 2.6 percent in March.
    #economics #USpolitics #macroeconomics #inflation #policy #costofliving #Trumpism
    washingtonpost.com/business/20

  7. The overall increase marks the steepest year-over-year rise since May 2023 — when inflation hit a 4 percent pace — and the second consecutive month in which the conflict in the Middle East has measurably pushed prices higher for American consumers. Core inflation, which strips out volatile food and energy prices, rose 2.8 percent over the year ending in April, up from 2.6 percent in March.
    #economics #USpolitics #macroeconomics #inflation #policy #costofliving #Trumpism
    washingtonpost.com/business/20

  8. The overall increase marks the steepest year-over-year rise since May 2023 — when inflation hit a 4 percent pace — and the second consecutive month in which the conflict in the Middle East has measurably pushed prices higher for American consumers. Core inflation, which strips out volatile food and energy prices, rose 2.8 percent over the year ending in April, up from 2.6 percent in March.
    #economics #USpolitics #macroeconomics #inflation #policy #costofliving #Trumpism
    washingtonpost.com/business/20

  9. PS: We've had globalscope.io up behind a password for a while now, getting input from some trusted colleagues (thank you!)

    Any and all additional feedback, of course, much appreciated!

    The framework: a rather standard spatial price equilibrium, meeting Claude Code & massive current data sets.

    #economics #oil #fossilfuels #climate

  10. PS: We've had globalscope.io up behind a password for a while now, getting input from some trusted colleagues (thank you!)

    Any and all additional feedback, of course, much appreciated!

    The framework: a rather standard spatial price equilibrium, meeting Claude Code & massive current data sets.

    #economics #oil #fossilfuels #climate

  11. PS: We've had globalscope.io up behind a password for a while now, getting input from some trusted colleagues (thank you!)

    Any and all additional feedback, of course, much appreciated!

    The framework: a rather standard spatial price equilibrium, meeting Claude Code & massive current data sets.

    #economics #oil #fossilfuels #climate

  12. PS: We've had globalscope.io up behind a password for a while now, getting input from some trusted colleagues (thank you!)

    Any and all additional feedback, of course, much appreciated!

    The framework: a rather standard spatial price equilibrium, meeting Claude Code & massive current data sets.

    #economics #oil #fossilfuels #climate

  13. Ultimately, of course, I'm not going into oil trading anytime soon.

    Quite the opposite: gwagner.com/nature-fossilflati

    We're still working on the peer-reviewed manuscript, but it will likely focus on an entirely different layer to this exercise: the incentives for switching to bio-syncrude.

    #climate #fossilfuels #inflation #economics

  14. Healthcare worker infections highlight risks to frontline staff and the urgent need for better surveillance, testing, PPE, and infection control. International health organizations are enhancing response as authorities stress early detection and contact tracing to contain transmission and strengthen global public health preparedness.

    Read Full- economicsperspective.com/world

    #worldhealthorganization #publichealth #viruses #worldnews #BreakingNews #globalnews #healtheconomics

  15. The European Parliament approved stricter regulation of foreign investments in critical sectors with 508 votes for, requiring all EU countries to screen deals in defence, AI, semiconductors, and finance services to safeguard against geopolitical risk. EU member states have for far too long tolerated the influence of external forces on key areas of the European economy.

    Read Full- economicsperspective.com/world

    #europe #europeanparliament #globalnews #ForeginInvestment #europeunion #news #BreakingNews

  16. "Trump's man in Ottawa doesn't understand why Canadians are so frustrated right now"

    "But does Hoekstra understand the frustration of Canadians who feel they don't deserve this treatment from their country's largest trading partner, neighbour and ally?

    "No," he fires back instantly. "We put tariffs on everybody in the world.""

    cbc.ca/news/politics/hoekstra-

    Yeah, it's a biiiig mystery why Canadians are so frustrated right now.

    #Facepalm #Canada #US #USPol #Canpoli #Tariffs #Trade #Economics

  17. RE: mastodon.social/@MikeElgan/116

    Don’t they understand economics!

    They should really stop buying avocado toast.

    They should stop buying iPhones and shop at the Dollar Store.

    This whole AI boom & busy sets a torch to the way elites shame people for their financial habits so they can divide us.

    #economics #finance #wealth #AI #BigTech

  18. "Of all the zombie ideas that have been reanimated in the wake of the global financial crisis, austerity is the most dangerous. Mark Blyth shows how austerity created the disasters of the 1930s, and contributed to the descent of the world into global war. He shows how European austerity policies have prevented any recovery from the crisis of 2009, while rescuing and protecting the banks and financial institutions that created the crisis."

    --John Quiggin

    #books
    #austerity
    #economics

  19. IMF Projects 3.3% Growth for 2026, But Warns Oil Spike Could Cut Global Output 0.2%

    At a Tokyo policy symposium, IMF’s Kristalina Georgieva projected 3.3% global growth for 2026 but warned of oil shocks, geopolitical risks, and demographic shifts. She urged fiscal buffers and agility, noting AI could boost Asia’s growth 0.8 points annually.

    Read Full- economicsperspective.com/world

    #oilcrisis #geopolitics #demographicshifts #AI #imf #globalnews #news #internationalnews

  20. Trump's proposed tariffs aren't "protection"—they're a MAGA tax on the US consumer. Local manufacturers win, but households face massive inflation while global supply chains fracture. Protectionism always passes the systemic costs directly to the citizens. #Economics #Tariffs #MAGA
    deeppressanalysis.com/