Let's dive into how South Asia is handling health costs, tech growth, and the environment. It's a big puzzle, but researchers have some interesting clues. First, they looked at eight South Asian countries from 2005 to 2022. They wanted to see how health spending, tech progress, and environmental issues affect economic growth. It's like trying to figure out how diffe...
The Regional Comprehensive Economic Partnership (RCEP) is a big deal for countries in the Asia-Pacific region. It's all about boosting trade and economic ties. But there's a twist. Traditional Chinese Medicine (TCM) is getting a makeover thanks to technology. This isn't just about keeping up with the times. It's about creating new chances and facing new hurdles for t...
The UK is stepping up its game to support diverse investors and founders. A whopping £500 million (around $674 million) is being put into action by the British Business Bank, a government-owned entity. This money is aimed at helping underrepresented fund managers and founders get the backing they need. Out of this package, £50 million is specifically earmarked for f...
The link between green energy and economic growth is not as simple as it seems. Many studies have looked at how green finance and technology affect growth, but they often miss the bigger picture. A recent study tried to fix this by looking at 29 countries from 2014 to 2021. It used a special method called the Sobel approach to see how green finance and technology wor...
The struggle to keep children alive in their early years is a big deal in Sri Lanka. A lot of factors play a role in this. Economic growth, healthcare spending, vaccines, and nutrition are key players. They all work together in complex ways. Understanding how they interact is crucial for creating lasting solutions. It is not just about throwing money at the prob...
The Federal Reserve recently decided to keep interest rates unchanged. This decision came despite predictions of rising inflation and slower economic growth. The central bank's move was widely expected, as markets did not anticipate any changes this week. The Federal Open Market Committee maintained the key borrowing rate within the 4. 25% to 4. 5% range, a level tha...
In a recent gathering, Governor Greg Abbott made a big deal of Fort Worth's economic growth. He signed several bills aimed at boosting the state's business environment. This event was more than just a ceremony; it was a celebration of Fort Worth's economic achievements. Abbott highlighted Texas' massive economy, which is worth over $2. 6 trillion annually. He praise...
The Senate Finance Committee has just rolled out a new tax plan. This plan is all about keeping taxes from going up by over 4 trillion dollars. It also makes the tax cuts from 2017 permanent. This is big news for families and businesses. They can now save and plan for the future without worrying about sudden tax increases. The plan also aims to help middle-class fam...
The UK government has made a significant move by committing 14. 2 billion pounds to the Sizewell C nuclear power plant project. This investment is aimed at boosting the country's energy security and creating jobs. The prime minister has emphasized that this is not a blank check but a strategic investment. The project, located on the Suffolk coastline, is expected to ...
The federal government is in a tough spot. The national debt is climbing, and the recent tax and spending cuts passed by the House could add over $5 trillion to it in the next decade. The White House is betting on economic growth to shrink these deficits, but not everyone is convinced. The Committee for a Responsible Financial Budget, a group that keeps an eye on the...