economics

That in fact is one reason why it is not good to bring such protected interests into existence in the first place.

Second, Trump is threatening to put tariffs on U.S. allies like Canada and Mexico. This will deprive American manufacturers of the cheap parts and components they need to build things cheaply, thus making them less competitive against their Chinese rivals. It will also provoke retaliation from allies, limiting the markets available to American

So, what does a low-carbon future look like at sea?

It won’t be one single fuel or technology, but a mix. LNG is already being used as a transition fuel, making up over a third of all new ship orders in 2024. Methanol is gaining ground quickly, while ammonia and hydrogen are seen as the next generation of zero-emission fuels, though technical and

While much of the discourse around AI’s impact tends to polarize around “more jobs” or “fewer jobs,” there is a third alternative: different jobs**.** Some economists predict that, unlike industrial automation, AI will reduce the skill premium, acting as a corrective force on the disparity between wages for “skilled” and “unskilled” labor. They

Private credit funds take some of their financing as equity, but they also borrow money. Some of this money is borrowed from banks. In 2013, only 1% of U.S. banks’ total loans to non-bank financial institutions was to private equity and private credit firms; today, it’s 14%. A recent note by Berrospide et al. of the Federal Reserve shows the rise

Companies follow a U-shaped pattern of cash holdings across their lifespan: • Firms in the introduction stage hold the most cash — with cash making up nearly a third of their assets. This is perhaps because they raise a lot of money, and then slowly burn through it all developing new products, and building their market.

• As companies mature, with

In volume terms, world merchandise trade rose by 2.7% in 2022. The volume figure was well below the 12.4% growth in value terms, reflecting the effect of high global commodity prices.

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