A standard merger story here with the news that UK car parts manufacturer, TI Fluid Systems has been bought by Canadian rival, ABC Technologies. As is often the way, this is going to see job losses as ...
Global fragmentation in economics refers to the increasing division of the world economy into distinct blocs or regions, each characterized by separate trade systems, economic policies, or ...
Calculate the percentage change in USA oil production between 2008 and 2023 to two decimal places. Compare the combined oil production of the USA to the combined production of Saudi Arabia, Iraq, UAE, ...
The United Kingdom’s post-Brexit economic journey is at a crossroads. Enter Rachel Reeves, Chancellor of the Exchequer, addressing the Euro-Group of finance ministers—the first UK chancellor to do ...
The Bank of England’s latest Financial Stability Report (November 2024) serves as a masterclass in understanding the delicate balancing act of safeguarding a nation’s economy. Beneath its meticulous ...
Keynesian economists and Austrian school economists offer fundamentally different approaches to responding to financial crises, rooted in contrasting views about the economy's functioning and the role ...
When a few large firms dominate a market there is always the potential for businesses to seek to reduce uncertainty and engage in some form of collusive behaviour In an oligopoly, collusion refers to ...
Here's this week's Geography news quiz. Each week, during term time, tutor2u sets a quiz asking 8 multi-choice questions about events relating to geography from the previous 7 days. Each answer ...
Here's this week's Biz Quiz. Each Friday, during term time, tutor2u sets a quiz asking 8 multi-choice questions about news events relating to the business world from the previous 7 days. Each ...
A government’s fiscal (or budget) deficit is the difference between its spending and income from taxes and other revenues. A “large deficit” implies that state sector spending substantially exceeds ...