economists

Tyson Foods announced it is closing facilities in Utah and Iowa, selling a facility in Washington state, and laying off workers due to a historic cattle shortage. This supply issue has caused beef prices to soar over the last year, driven by drought and economic pressures. However, economists noted that the Tyson plant closures likely will not affect consumer prices severely.

Economists suggest that Taiwan's AI-fueled forecast of 11% GDP growth may not be sustainable. The country’s economic growth could moderate due to its vulnerability to several risks. These specific risks include capex slowdowns, general macroeconomic downturns, and high concentration in the semiconductors sector.

A sudden decision by India’s central bank (RBI) to end a special incentive for attracting foreign-currency deposits was made ahead of schedule. This move caught bankers, economists, and traders off guard, raising questions about the effectiveness of its communication with market participants.

Due to drought hitting Rhine shipping, German truckers are taking on cargo loads. This situation prompted an emergency move to suspend a Sunday ban, despite economists warning of potential negative impacts on the country’s GDP growth.

Malaysia is considering a levy on electric vehicles (EVs) to fund charging infrastructure, but this move risks deterring investment as Chinese automaker BYD's planned 1.3 billion ringgit factory faces delays. Economists warn the policy could increase EV ownership costs and weaken Malaysia's competitiveness in attracting regional EV manufacturing investments.

The Eurozone economy grew 0.4% in the second quarter, exceeding economists' expectations of a slower expansion despite the Middle East energy shock.

Malaysia secured a 10% US tariff rate under Section 301 of the US Trade Act, placing it in a lower tier than four Southeast Asian neighbors. Economists caution the advantage may be short-lived, contingent on Malaysia fulfilling trade reform promises.

Pakistan has positioned itself as a key mediator between the US and Iran, but economists question whether this role will be sufficient to secure the $10 billion exchange stabilization fund it seeks from Washington. The Times of Israel first reported on the skepticism surrounding Pakistan's funding request.

A minister has refused to rule out introducing a wealth tax in the upcoming Budget. Gary Lineker is leading a group of millionaires advocating for asset raids, despite warnings from economists.

Tech CEOs are softening their predictions about AI replacing workers, while economists are growing more concerned. The article highlights a shift in tech leaders' stances and increasing worries from economists.

The U.S.-Iran war is escalating, prompting investors and economists to assess its potential impact on the stock market and broader economy. The latest exchange of hostilities has raised concerns about economic consequences.

The UK is urged to prioritize addressing economic disparities between insiders and outsiders rather than focusing on regional divisions like north versus south. Economists and politicians emphasize the need to include people on the periphery of economic hotspots in growth strategies.

Trump’s proposed 20% toll on the Strait of Hormuz has caused oil prices to rise to a one-month high, with Asia facing renewed energy cost pressures due to the US-Iran ceasefire breakdown and shipping disruptions. Economists and shipping analysts suggest the region is better equipped to handle the crisis compared to previous incidents.

More than 200 economists and AI researchers urge global leaders to immediately prepare for significant economic disruption caused by AI. The experts emphasize the need for proactive measures to address AI's transformative impact.

Nearly 200 economists and tech leaders have issued a warning about AI threats, indicating growing concerns over artificial intelligence. The statement highlights that such worries are becoming more widespread.

Hundreds of economists urge immediate action to address AI's potential impact on the economy and job displacement risks. The call emphasizes proactive measures to manage these challenges.

Economists are increasingly acknowledging that AI is causing job losses, as indicated by a statement signed by 16 Nobel laureates. This marks a shift from previous skepticism among economists regarding AI's impact on employment.

The article argues that mass immigration is not the economic solution some economists advocate, noting a shifting consensus similar to past debates on free trade.

The death toll from twin earthquakes in northern Venezuela on June 24 has risen to 3,685, with 150 additional fatalities reported. The injured number 16,740, 6,462 rescued, and 17,907 homeless. Economists are urging the US to lift sanctions.

The U.S. added 57,000 jobs in June, below the expected 110,000, while the unemployment rate remained stable at 4.3 percent.

Hiring slowed in June, falling short of economists' expectations, indicating a wobbly labor market amid elevated inflation linked to the Iran War.

Employers added 57,000 jobs in June, which was significantly lower than the 100,000 new hires forecasted by economists.

A UH report recommends expanding solar energy and battery storage on Oʻahu instead of building new power plants. Economists argue this combination is the best option for the island's energy needs.

Andy Burnham, the UK’s likely next prime minister, pledged to decentralize political power by establishing 'No. 10 North' in Manchester. He cited Greater Manchester's growth as a case study for devolution, aiming to 'rewire' Britain's governance structure.

Almost £24.4bn of UK government spending on public contractors went to private equity-controlled companies in the year to April 2025, with £1 in every £11 allocated to such firms. Concerns were raised about financial fragility, cost-cutting, and conflicting interests in profit-driven public services like transport, waste management, and healthcare.

Rising costs of insuring against climate crisis will have wider economic effects in the UK, with economists urging the government to take a more active role to protect consumers. Extreme weather events are increasing, impacting productivity and leading to early school dismissals.

The article examines the long-standing connection between federal student loans and college tuition costs, noting that while the link has been discussed for four decades, it remains unclear if new loan limits will effectively reduce expenses. Economists are analyzing the potential impact.

Australia's underlying inflation rose to 3.6% annually, driven by factors beyond falling fuel prices, prompting economists to warn that further Reserve Bank rate hikes remain likely. Annual inflation fell to 4% in May due to a 12% drop in fuel prices, but trimmed mean inflation increased, signaling ongoing economic challenges.

Pauline Hanson, leader of One Nation, suggested women should not receive pay from employers during maternity leave and proposed family income splitting to encourage parents to stay home with children. Economists warned these policies could regress progress for working mothers, harm productivity, and exacerbate gender inequality.

Virginia drivers are experiencing lower gas prices statewide and across the country, providing temporary relief at the pump. However, economists caution that patience is needed as broader economic factors may influence future pricing.

India's late monsoon has raised concerns among economists, investors, and farmers. The article also notes some positive developments in India's previously stalled IPO pipeline.

A U.S.-Iran agreement is helping calm global energy markets, and economists suggest this could eventually lower gas and electricity costs for Hawaii consumers.

Indonesia’s rupiah rallied from a historic low, its stock market surged, and a sovereign wealth fund bond offering was oversubscribed, providing relief to the country’s economy. Economists warned that higher interest rates and easing external pressure could strain the shrinking middle class.

The central bank is set to announce its interest-rate decision, with economists anticipating a small cut. The US Federal Reserve is also making a decision today. The article is published by The Rio Times.

Higher prices for gas, groceries, and flights are expected to persist beyond the Iran war. Economists and industry analysts suggest that even if oil production resumes in the Middle East, consumers may not see immediate price reductions at fuel pumps or supermarkets.

Universal basic income (UBI) is resurging in Silicon Valley as artificial intelligence threatens to eliminate jobs. The article questions whether tech CEOs' motivations for supporting UBI align with those of philosophers and economists who have historically championed the concept.

The article discusses fears among first-time home buyers about potential negative equity due to falling house prices in Sydney and Melbourne. Economists note that price declines are concentrated in the top-end markets of these cities, suggesting first-time buyers with small deposits are less likely to be affected. Factors contributing to the housing market downturn include rising inflation, interest rates, and concerns over the economic impact of the Middle East conflict.

Economists warn Germany is approaching a recession due to an energy shock from the Iran war, while police have raided a suspected international drug ring.

Economists predict the Consumer Price Index will show U.S. inflation exceeding 4% for the first time in three years. The rise is attributed to increasing energy costs.

Economists warn that the European Central Bank (ECB) risks repeating a 2011 mistake by raising interest rates. The concern centers on potential negative economic consequences from the rate hike.