The COVID-19 crisis that has devastated the economy brought radical change to our social and political landscape. From Austria’s lockdown against the entire citizenry and forced injection, to mandatory quarantine camps in Australia, in an effort to manage the pandemic, the governments of many countries have become authoritarian. In the past 19 months, as the...Read More

Vacation of tax-related Covid-19 stimulus economic packages in January 2021 was probably premature. [Courtesy] The world of economics and money is not a caricature of abstract theories or works of fiction. In developed financial or capital markets, a minute means trades worth billions of dollars, especially in highly digitised securities markets. For millions of the...Read More

Mardin and Tekirdag, Turkey – As Gabriel Oktay Cili works in his small wood-panelled silver shop in the heart of the southeastern Turkish city of Mardin, several people drop off damaged jewellery, which he repairs with a decades-old blowtorch. But most visitors come to order and pick up his sweet, spicy homemade wine. In the past...Read More

MOSCOW, Dec 30 (Reuters) – The rouble weakened to a more than one-week low against the dollar on Thursday ahead of a phone call between President Vladimir Putin and his U.S. counterpart, Joe Biden, at a time of strained Moscow-Washington relations over Ukraine. At 0744 GMT, the rouble was 0.4% lower against the dollar at...Read More

NEWYou can now listen to Fox News articles! Critics panned President Biden on social media for boasting about his 2021 economic record. “We’re ending 2021 with what one analyst described as the strongest first-year economic track record of any president in the last 50 years,” Biden said on Twitter Wednesday. “Let’s keep the progress going.”...Read More

“It’s tough to make predictions, especially about the future,” the late great New York Yankee Yogi Berra famously said. It’s certainly true as we head into 2022, where all kinds of so-called “gray swans” lurk, any of which could slow the economy and derail the stock market.  A gray swan is an event regarded as having a...Read More

Fumio Kishida, Japan’s prime minister, speaks during a news conference at the prime minister’s … [+] official residence in Tokyo, Japan, on Tuesday, Dec. 21, 2021. Yoshikazu Tsuno/Gamma-Rapho/Bloomberg Though off to a decent start, Japanese Prime Minister Fumio Kishida faces a 2022 of profound challenges. Between Covid-19, sluggish economic growth, and geopolitical tensions with China,...Read More

SYDNEY, Dec 29 (Reuters) – The Australian and New Zealand dollars eased on Wednesday as the spread of coronavirus cases led to more restrictions globally and clouded the economic outlook, offsetting record highs on Wall Street. The Aussie slipped back to $0.7221 , having touched a five-week peak at $0.7264 overnight before running out of...Read More

Claiming the $1,400 stimulus check Families that either had a newborn or adopted a child in 2021 will be able to claim the amount of the third Economic Impact Payment (EIP3) they are due through the 2021 Recovery Rebate Credit. This goes for all taxpayers who didn’t get the full amount due to them from...Read More

The World Association of Political Economy (WAPE) has organized in cooperation with the Shanghai International Studies University (SISU) its 15th annual forum on December 18 and 19 in Shanghai, People’s Republic of China. The forum was titled this year “Rethinking economic analysis: Perspective of political economy”. Sessions were organized both online and in presence. More...Read More