GDP is getting a makeover
Pressure is mounting to downgrade GDP or improve it so economic growth is not the only game in town. The numbers are heading in the wrong direction. If the world …
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G7 Russian oil price cap applies only to seaborne crude
WASHINGTON, Nov 4 (Reuters) – The price cap on Russian oil exports to be imposed by G7 countries and Australia next month will apply only to seaborne cargoes through the …
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Nurses set to strike in first ever national action – as patients braced for disruption
Nurses across the UK are set to strike in the first ever national action over a pay dispute. The strike ballot among more than 300,000 members of the Royal College …
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High hopes for COP27, but warnings of disappointment
Since 1992, when world leaders first came together to address global warming, humanity has spewed more than one trillion tonnes of heat-trapping carbon dioxide from fossil fuels into the air. …
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Herman Daly, professor who introduced ecology to economics, dies at 84
Herman E. Daly, an economist who envisioned a new practice of his field, a discipline known as ecological economics in which growth is not an unquestioned good and the impact …
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Thousands of Children At Risk of Criminal Exploitation as Government Classifies Modern Slavery as an Immigration Issue
New data on children in need reveals the scale of criminal and sexual exploitation of children – so why does the Government see modern slavery as an issue for illegal …
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‘Carbon capture’ subsidy could let power station keep polluting atmosphere
The owner of Britain’s biggest power station could receive billions of pounds in green subsidies for a flagship ‘carbon capture’ project even if much of the carbon ends up being …
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Good mental health linked to a reduction in productivity losses to the economy
Good mental health in Denmark is associated with a reduction of USD $0.9-1.3bn per year in productivity losses to the economy, according to a new study published in the Mental Health and …
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European Central Bank announces new super hike of interest rates to tame inflation
The European Central Bank (ECB) has announced a new jumbo hike of interest rates in a bid to bring down record inflation in the eurozone. The bank’s three key interest …
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China’s Missing Economic Data
China’s third-quarter economic data, including gross domestic product figures, were due to be released Oct. 18. The day before the scheduled release, however, publication was delayed indefinitely. Indeed, over the …
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