No-deal Brexit and recession go hand in hand

CNN: UK will plunge into recession if it leaves Europe without a Brexit deal Article published: July 19, 2019 IB Economics syllabus: Macroeconomics (economic growth, recession) The UK's new prime minister, Boris Johnson is determined to carry out Brexit in October, even if he cannot get a better deal from the EU. Brexit without a deal would [...]

By |2019-07-22T21:31:38+00:00July 22nd, 2019|Macro|Comments Off on No-deal Brexit and recession go hand in hand

FED raised interest rates

  The Guardian: Federal Reserve raises interest rates despite pressure from Trump Article published: December 19, 2018 IB Economics syllabus: Macroeconomics (monetary policy) The Federal Reserve (Central Bank of the United States) has increased the interest rates for the 5th time this year. According to the chairman, the U.S. is a healthy economy and there is [...]

By |2018-12-20T17:02:36+00:00December 20th, 2018|Macro|Comments Off on FED raised interest rates

Brazil interest rate cut

Reuters: Brazil cuts rates to all-time low, signals more easing ahead Article published: March 21, 2018 IB Economics syllabus: Macroeconomics (monetary policy) Brazil has cut its interest rates to record low in order to boost inflation and AD during a slow recovery after a deep recession. A clear real-life example of easy (expansionary) monetary policy. [...]

By |2018-11-26T05:16:06+00:00November 26th, 2018|Macro|0 Comments

IMF says that India is no longer the fastest growing economy

CNN Money: India no longer the world's fastest-growing economy: IMF Article published: Jan 16, 2017 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (economic growth) The IMF's World Economic Outlook forecasts that economic growth in India will decline this year, thanks to a "temporary negative consumption shock" caused by the [...]

By |2018-10-25T04:12:37+00:00February 6th, 2017|Macro|Comments Off on IMF says that India is no longer the fastest growing economy

Interest rate increase in the U.S.

Forbes: Fed Hikes Rates For Second Time In A Decade, Indicates More To Come In 2017 Article published: Dec 14, 2016 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (monetary policiey, interest rate) For the second time in over 10 years, the Central Bank of the U.S. (known as [...]

By |2018-10-25T04:13:09+00:00February 6th, 2017|Macro|Comments Off on Interest rate increase in the U.S.

ECB keeps increasing the money supply

BBC: ECB extends bond-buying scheme but at slower pace Article published: Dec 8, 2016 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (Monetary policy) At times of low economic growth and very low inflation, Centrtal Banks use expansionary monetary policies to get things going. This includes decreasing interest rates [...]

By |2018-10-25T04:14:01+00:00December 14th, 2016|Macro|Comments Off on ECB keeps increasing the money supply

Spanish unemployment on the decrease

Bloomberg: Spain’s Unemployment Rate Falls to More Than Six-Year Low Article published: Oct 27, 2016 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (unemployment) While Spanish unemployment is still the 2nd highest in Europe, it has now decreased to an over 6 year low, thanks to the increase in [...]

By |2018-10-25T04:14:22+00:00November 16th, 2016|Macro|Comments Off on Spanish unemployment on the decrease

A more progressive tax system for Guernsey

BBC: Guernsey tax allowance to end for high earners Article published: Oct 4, 2016 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (inequality in the distribution of income, redistribution) The government of Guenrsey decided to make their tax system more progressive. For example, to provide "[r]educed or no allowance [...]

By |2018-10-24T03:41:44+00:00October 11th, 2016|Macro|Comments Off on A more progressive tax system for Guernsey

Is the Fed going to raise interest rates any time soon?

Time: How the Fed Will React to Today’s Surprising Jobs News Article published: Sep 5, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Section 2, Macroeconomics It turns out that there have been less jobs created in August in the US than the average of the 6 months [...]

By |2017-08-23T11:03:41+00:00September 8th, 2014|Macro|Comments Off on Is the Fed going to raise interest rates any time soon?

A threat of deflation in Europe

Reuters: Hollande, Draghi agree on threat of deflation: official Article published: Sep 1, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Section 2, Macroeconomics As deflation is threatening Europe, Mario Draghi, the president of the European Central Bank (ECB) calls for expansionary fiscal policy over contractionary measures, having [...]

By |2017-08-23T11:03:55+00:00September 1st, 2014|Macro|Comments Off on A threat of deflation in Europe
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