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The Latest Breaking News from Economics

Tory leadership: Who are the candidates and what did they do before politics?

What job did the candidates do before they became an MP, where were they educated, and who were their parents?

The Independent UK

As Tories queue up to fill the Convict’s shoes, we are now officially in gameshow territory

Hopefuls deliver a word salad of fantasy economics and flannel as they launch leadership campaigns

The Guardian - UK

GPA requirements creating a gap

GPA requirements push Black and Hispanic students out of STEM majors — and may widen the wage gap later on

Salon

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FTSE 100: Markets cling on with big oil bets

“Boris is to sound economics what Nick Kyrgios is to diplomacy” -- Tim Martin

Evening Standard

Karl Marx: his philosophy explained

In 1845, Karl Marx declared: “philosophers have only interpreted the world in various ways; the point is to change it”.

The Conversation

The 53 migrants who died in Texas included this college-educated Honduran couple

MEXICO CITY — Alejandro Miguel Andino Caballero had almost completed his university studies in marketing. His fiancee, Margie Támara Paz Grajeda, had earned a degree in economics. Both viewed education as a means to launch careers and surmount humble origins in Honduras, where endemic poverty, crime and corruption have long…

Los Angeles Times

Welsh ports treated with disregard post-Brexit

The London School of Economics says the damage to Welsh ports has not been factored in by UK Government despite warnings from ministers in Wales.

Birmingham Post

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'Three quarters of households will see cost of living rise quicker than incomes'

The prediction for later this year comes from the New Economics Foundation think tank, which has made a series of recommendations to help families

Daily Mirror

Female finance leaders outperform their male peers, so why so few of them in academia and beyond?

The gender diversity of thought leadership in finance is lower than in most other academic fields, our research shows. Finance ranks 132nd out of 175 fields with a representation of only 10.3% women among its thought leaders. Yet these women outperform their male peers.

The Conversation

Without a proper plan, stagflation will be the least of Britain’s problems

Rising prices and recession mean the last thing the government should do is muddle through and leave everything to the market, writes economics editor Larry Elliott

The Guardian - UK

National Statistics Day competitions

The Department of Economics and Statistics, Thrissur district, will conduct various competitions in connection with the 16th National Statistics Day. The competitions include online quiz, essay writing, e-poster, and short films.

The Hindu

Workers' real pay will be cut by £470 thanks to Brexit, damning report says

A study by the Resolution Foundation think tank and London School of Economics details some of the outcomes of the decision to quit the EU - six years after the historic vote

Daily Mirror

Why This Fed President Expects Economic Expansion In 2022

On Monday, St. Louis Fed President James Bullard delivered a presentation on the economic landscape to the Barcelona School of Economics.

Benzinga

£120m and counting: what strikes will cost London

The biggest shutdown of the national rail network since 1989

Evening Standard

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AAP

Petrol back above $2 despite excise cut

Petrol prices are back at levels seen when former treasurer Josh Frydenberg halved fuel excise for six months in the March budget.

Daily Mirror

Economists blast Boris Johnson for 'suppressing' Brits' wages as inflation soars

Economists from a host of universities and think tanks have written to the Prime Minister dismissing his claims over pay hikes fuelling inflation

The Conversation

How refugees leading city walking tours helps increase their sense of belonging – new research

Worldwide, one person becomes forcibly displaced every three seconds. The thinktank the Institute for Economics and Peace estimates that the climate change crisis alone will account for 1.2 billion people having to migrate by 2050. That will only add to the major geopolitical shifts and conflicts that have led to…

Benzinga

Sonoco Picks Internal Candidate Rob Dillard As Finance Chief

Sonoco Products Co (NYSE:SON) has appointed Rob Dillard as its Chief Financial Officer, effective July 1, 2022. Dillard most recently served as the company's Chief Strategy Officer. He will be responsible for Sonoco's global finance functions. He succeeds Julie Albrecht, who previously announced plans to depart Sonoco on June 30, 2022. Related: Sonoco Products…

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Benzinga

Airbus A321XLR Aircraft Takes Off For The First Time

Airbus SE (OTC:EADSY) (OTC:EADSF) launched the first flight of its newest and largest narrowbody aircraft, the A321XLR, on Wednesday. The European planemaker aims to seek lucrative demand for long-range single-aisle jets, reported Reuters. The aircraft, MSN 11000, took off from Hamburg-Finkenwerder Airport at 11:05 hrs CEST for a test flight that lasted approximately…

Radio France Internationale

Paris Perspective #31: War, peace and the future of the global economy – Steve Killelea

Paris Perspective looks at the state of peace in the world in 2022 on the occasion of the publication of the 16th Global Peace Index. Steve Killelea is the founder and executive chairman of the Institute for Economics and Peace, which publishes the Index.

The Conversation

Inflation hits fresh 40-year high, pushing Fed to get more aggressive with interest rates – and the 'Beveridge curve' should give it courage to do so

Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate increases to slow it down. While there’s concern it could cause unemployment to spike, a little-known economics indicator suggests the Fed can do so without…

The Guardian - UK

Dick Sargent obituary

Other lives: Professor of economics who helped to democratise Warwick University

Daily Mirror

National rail strike could cost UK economy more than £90million, experts say

The Centre for Economics and Business Research estimated the planned rail and tube strikes will cause a hit of at least £91million to the UK economy, with London set to suffer the biggest output loss

Irish Mirror

Leaving Cert Home Economics exam slammed due to question on body size

Some people pointed out that the question was insensitive following an apparent rise in disordered eating amongst teenagers following Covid lockdowns

Benzinga

Calavo Growers Names Ex-Tyson Foods Executive Shawn Munsell As CFO

Calavo Growers Inc (NASDAQ:CVGW) has appointed Shawn Munsell as its Chief Financial Officer, effective June 20. Before joining Calavo, Munsell led the finance and accounting functions for Tyson Foods, Inc's (NYSE:TSN) chicken segment as SVP of Finance and Accounting. He holds a bachelor's degree in economics with high honors from the University of Michigan and an…

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