Supporting the Economy through Migration is Not Sustainable, According to UK Government Economist
UK’s Economic Dependency on Immigration Questioned by Economists The argument that the UK requires large-scale immigration to sustain its economy and welfare system is being challenged by government economists, who suggest it is fundamentally flawed and may exacerbate economic issues. David Miles, a senior figure at the Office of Budget Responsibility (OBR), has encouraged the […]
Economist Magazine Advocates for Ending Asylum System While Bringing in More Migrant Workers
Western Governments Reassess Asylum Laws to Support Immigrants Closer to Home Various Western governments are advocating for a significant change in asylum policies. Instead of maintaining the current laws, they propose supporting immigrants in or near their home countries. The London editor of a prominent publication describes this shift as a compassionate measure, aimed at […]
Economist Art Laffer Explains Why Tariffs Do Not Lead to Inflation
Economist Art Laffer discussed tariffs on Fox Business, asserting that import taxes won’t lead to inflation, as the negative effects on prices would be balanced by reductions in export prices. After President Trump announced mutual tariffs with various countries on April 2nd, he later called for a 90-day “suspension” of these tariffs. On the show […]
Chief economist Torsten Sløk: Trump might have ‘outsmarted us all’ on tariffs, even though I criticized him before.
Economist Reassesses Trump’s Trade Strategy There’s been a notable shift in the perspective of a prominent Wall Street economist regarding President Donald Trump’s trade policies. Torsten Sløk, the chief economist at Apollo Global Management, had previously been critical of the president’s approach to tariffs. However, he now suggests that Trump might have outsmarted many with […]
Leading economist suggests Trump may have successfully outwitted everyone regarding tariffs
A prominent Wall Street economist who previously criticized President Trump’s tariffs now suggests that the president’s trade policies may have “overturned us all.” Torsten Sløk, the chief economist at Apollo Global Management, believes that the uncertainty around these policies has already begun to negatively impact the economy. However, he also noted that Trump could potentially […]
Deportations will counter the decline of US wages caused by the suppression of illegal immigrants, according to a treasury economist.
In a recent conversation with Scott Besent from Blaze Media, a key economic advisor from the Treasury discussed how President Trump’s deportation policy could be beneficial for American workers’ wages. Joseph Lavorgna addressed the argument that the presence of illegal low-wage workers doesn’t significantly impact wages in the U.S. He emphasized, “There’s no lower bound […]
Canada may benefit as global investors reconsider their focus on the U.S. according to a BNP economist
Canada’s Opportunity in Global Investment Landscape, Says Economist TORONTO – Canada may be positioned to attract global investors who have traditionally focused on the U.S., according to the chief economist of one of Europe’s major banks. Isabel Mateo Suillago, from BNP Paribas, noted in a recent interview that investors often prioritize stable returns and predictability. […]
Are people engaging in ‘panic buying’? An economist discusses which major purchases to consider making now
As the White House rolls out new tariffs, many Americans are flocking to car lots, especially after seeing discussions on forums urging parents to buy essential items like car seats and strollers before prices increase. Some even wonder if it’s wise to start shopping for Christmas gifts earlier than usual. Despite recent reductions in tariffs, […]
Economist suggests China’s yuan could compete with the US dollar as the preferred currency with better accessibility.
Senior economists in Asia suggest that China’s yuan could potentially challenge the declining US dollar as a global currency, particularly if Beijing allows greater foreign access and conversion. China is aiming to boost the international use of its centrally controlled currency, which is already being utilized in cross-border trade, according to Hoe Ee Khor, chief […]
Economist says world ‘will prosper’ from tariff trade negotiations
Art Laffer, a former economic advisor to Reagan, discusses President Donald Trump's claim that the United States has been “twound” by other countries of “Varney & Co.” Former Reagan economic adviser Art Laffer said on Tuesday on “Varney & Co.” Both the world and the US will benefit from President Donald Trump's tariffs and trade […]