index economics

[Link] State of emergency declared in Kazakh capital as protests escalate

Read: 5/1/2022 www.abc.net.au

Protesters in Kazakhstan's largest city, Almaty, have stormed the presidential residence and mayor's office and set both buildings on fire, according to news reports, as demonstrations sparked by a rise in LPG prices in the Central Asian nation escalated sharply.

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[Link] The Sincerest Form Of Flattery: Cloning Open-Source Hardware

Read: 31/10/2021 hackaday.com

We’re great proponents (and beneficiaries) of open-source hardware here at Hackaday. It’s impossible to overstate the impact that the free sharing of ideas has had on the hacker hardware scene.

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[Link] Uber Wants In On All That Positive Hertz-Tesla Press

Read: 28/10/2021 www.vice.com

On Tuesday, Hertz announced it is buying 100,000 Teslas as part of a massive push into electric vehicles. This is a smart move by Hertz, because renting electric vehicles, especially in the U.S., is currently very difficult.

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[Link] Techies demand top dollar as skills shortages bite

Read: 27/10/2021 www.afr.com

Australian tech companies are turning down new business because soaring pay rates being charged by workers with in-demand skills are making projects unprofitable, instead turning to training and other non-financial strategies to try to lure and retain staff.

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[Link] 'Squid Game' Halloween Costumes Are Missing the Point

Read: 27/10/2021 www.vice.com

Squid Game costumes have seamlessly slotted into this year's selection of Halloween costumes, to the point that at least one school district has banned them. Given the show's popularity, this was inevitable. It's still a little weird.

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[Link] China’s infant formula golden days are gone, says Bega

Read: 26/10/2021 www.afr.com

Bega Cheese chairman Barry Irvin has warned that infant formula markets in China are unlikely to recover to pre-COVID-19 levels, but on a brighter note, said the company gained a bargain in last year’s acquisition of the Lion portfolio of milk and flavoured milk brands.

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[Link] The Economy Is Leaving Young People Behind

Read: 21/10/2021 jacobinmag.com

Why do young people have a favorable view of socialism? Because the economic system has utterly failed them. When the Great Recession hit, wiping out trillions of dollars in middle-class wealth, young people weren’t spared.

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[Link] Why are millions of unemployed people excluded from our monthly 'unemployment' data?

Read: 17/10/2021 www.abc.net.au

Do you scratch your head when you hear the government talking about the unemployment rate? Currently, the unemployment rate is just 4.6 per cent.

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[Link] Students, holiday visas putting pressure on wages: RBA

Read: 17/8/2021 www.theage.com.au

The Reserve Bank’s own economics research department identified students, holiday makers and the partners of people brought into the country on skilled migrant visas as reasons for Australia’s sluggish wages growth ahead of the coronavirus pandemic.

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