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☆ As Turkey heads to the polls, currency traders are bracing for absolute chaos
▼ + stars: | 2023-05-12 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Turkey is expected to head to the polls on Sunday. In the event of a victory by Erdogan, it's "highly likely the Turkish lira collapses within months," the founder of advisory firm Cribstone Strategic Macro Mike Harris told CNBC. "Ultimately the lack of confidence in investment will mean that the Turkish Lira will probably be among the worst performing currencies in the world for some time," he said. Turkey's monetary policy prioritizes the pursuit of growth and export competition rather than assuaging inflation. Erdogan endorses the unconventional view that raising interest rates increases inflation, rather than taming it.

☆ Russia is facing stagnating innovation, more dependence on China, and will become a state-led economy as war in Ukraine drags on, economists say
▼ + stars: | 2023-04-08 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +5 min

Experts weighed in on how Russia's war effort is impacting its economy a year after the invasion of Ukraine. The longer the conflict persists the more likely Russia is to depend on China for resources, experts said. Economists says the country will be facing a myriad of obstacles, including a slowdown of productivity and diminished innovation. A more state-led economyAs sanctions weigh on its economy, Russia has been undergoing a structural transformation to become self-sufficient. Nichols added: "I firmly believe that someday Russia will be a productive member of the global community and global economy.

☆ Egypt's pound is among the worst performing currencies in 2023. And it's expected to plummet further
▼ + stars: | 2023-04-05 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

A photo of one hundred Egyptian pound, one hundred U.S. dollars against the pyramids of Giza in Egypt on January 17, 2023. Fadel Dawod | Getty ImagesThe Egyptian pound has plunged almost 20% against the greenback since the start of the year — with some analysts predicting that the currency may still have room to plummet further. Egypt's pound currently ranks as the sixth worst performing currency since Jan. 1, extending a decline that saw it lose more than half its value during 2022. Egypt's embattled economyHowever, the economic woes plaguing the Middle East's most populous country means its pound still has a way to plummet, according to the experts. He expects Egypt's inflation to peak at around 36% in the third quarter, if there are no more devaluations.

☆ Investors 'are pretty afraid right now,' financial psychologist says. These 2 steps can help
▼ + stars: | 2023-03-31 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

watch nowWith high inflation, the threat of a recession and ongoing market volatility, we're in a period of high financial uncertainty. Understandably, many investors "are pretty afraid right now," said Brad Klontz, a psychologist and certified financial planner. And when we're stressed, our frame of reference tends to become short, said Klontz, who is also a member of CNBC's Financial Advisor Council. If you're investing for retirement, you may not need that money for decades, and so the answer is no. If market volatility is causing you a lot of stress, you may need to make adjustments.

☆ Sri Lanka needs institutional changes for long-term debt sustainability, says professor
▼ + stars: | 2023-03-10 | by ( Sumathi Bala | ) www.cnbc.com time to read: +4 min

Buddhika Weerasinghe | Bloomberg | Getty ImagesSri Lanka needs institutional reforms in order to achieve long-term debt sustainability, said Steve Hanke, who played a key role in establishing new currency regimes in emerging markets like Argentina and Montenegro. "In fact, most of the personalities involved in Sri Lanka at the high level are exactly the same as they've been for years. In September, the IMF outlined a series of steps that it wanted Sri Lanka's government to implement prior to loan approval, which included major tax reforms. "Debt relief from Sri Lanka's creditors and additional financing from multilateral partners will be required to help ensure debt sustainability and close financing gaps," the fund said at the time. "The Secretary welcomed Sri Lanka's commitments to transparency and comparable treatment for all bilateral official and private creditors."

☆ Sri Lanka crisis: None of these IMF programs work, says Steve Hanke
▼ + stars: | 2023-03-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSri Lanka crisis: None of these IMF programs work, says Steve HankeSteve Hanke, professor of applied economics at Johns Hopkins University, says there's temporary relief but "tremendous recidivism" in the long run.

☆ Kraft Heinz turns to gimmicks and nostalgia to revive its ‘dusty’ brands
▼ + stars: | 2022-11-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

Because they’re incredible.”More than half of Kraft Heinz’s business comes from just eight brands — the aforementioned three, plus Kraft Mac and Cheese, Philadelphia Cream Cheese, Heinz, Lunchables and Ore-Ida. For Kraft Heinz, which is relying on Patricio to execute a comeback, there’s a lot on the line. So we have more loyalty.”For that reason, Kraft Heinz has leaned in to promoting its legacy brands — and with sometimes outrageous marketing. Kraft HeinzOther Kraft Heinz brands have also used attention-grabbing marketing campaigns. Kraft Heinz’s brands now have a presence on gaming platforms like Roblox, in addition to social media channels and other platforms.

☆ These currencies have tanked this year — and one is down over 75% against the dollar
▼ + stars: | 2022-11-14 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

The cedi hit a fresh record low against the dollar on Wednesday last week, at one stage hitting the 14.24 mark before recovering slightly. In second place is the Cuban peso, which is down 56.36% against the dollar, behind only the Zimbabwean dollar, which has lost a staggering 76.74% of its value against the dollar since January. A man holds Zimbabwean Dollar Bond Notes Dan Kitwood | Getty Images News | Getty ImagesHanke said last week that Zimbabwe's "economic death spiral just keeps spinning." Similar to Ghana, authorities in Zimbabwe have attempted to support the local currency and fight inflation by cracking down on Zimbabwean dollar payments. EgyptThe Egyptian pound last week slumped to a fresh low against the dollar, sliding to 24.42, making its way onto Hanke's list of the top 10 worst-performing currencies of 2022.watch now

☆ Fact Check-EIA’s ‘days of supply’ figure does not show that the United States will ‘run out of diesel by Thanksgiving week’ in 2022
▼ + stars: | 2022-11-08 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

The claim was highlighted by conservative political commentator Tucker Carlson, who mentioned it during a segment of his show on Oct. 27 (youtu.be/lUZoli8oekg?t=181)“This country is about to run out of diesel fuel. According to data from the Energy Information Administration by the Monday of Thanksgiving week, that’s 25 days from now, there will be more no more diesel,” he said. EIA DATAThe EIA data for the week ending October 28 showed the United States had “25.8 days” of supply of total distillate. “Days of supply does not consider other sources like the amount of distillate fuel being produced at U.S. refineries and the amount of distillate fuel imported into the United States,” they said. The United States will not “run out of diesel” by the Monday of Thanksgiving week in 2022, industry experts told Reuters.

☆ Bobby Willig Applied Economics to Antitrust Policy
▼ + stars: | 2022-10-28 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

Bobby Willig , a serious thinker with a frivolous-sounding first name and an irreverent approach to life, was always eager to solve puzzles, particularly if they involved math and public policy. He found a suitable occupation: economics professor and consultant on the competitive effects of mergers. Dr. Willig taught at Princeton University for 43 years and in 2003 co-founded what is now Compass Lexecon, which employs nearly 200 Ph.D-level economists and advises clients on antitrust and other regulatory matters. As a senior Justice Department official from 1989 to 1991, he led a team producing new guidelines for assessing whether proposed mergers should be allowed.

☆ Brazil's rural boomtowns ensure Bolsonarismo's future
▼ + stars: | 2022-10-28 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +7 min

REUTERS/Gabriel StargardterCATANDUVA, Brazil, Oct 28 (Reuters) - The small city of Catanduva in the rural farm belt of Sao Paulo state has been ahead of the political curve in Brazil. The residents of Catanduva, who have benefited from robust Chinese demand for Brazilian commodities, are now fully behind Bolsonaro. Since Sahao stepped down in 2005, the PT has spent nearly two decades locked out of power at Catanduva's city hall. Across Sao Paulo, countless PSDB mayors and state lawmakers have, like Father Oliveira of Catanduva, thrown in their lot with Bolsonaro. Bassitt, the farmer, said the conservative values of rural, small-town Brazil were now the driving force in national politics.

☆ Steve Hanke says the chance of a U.S. recession just shot up to 80%
▼ + stars: | 2022-09-23 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +3 min

watch nowThere's an 80% chance of the U.S. falling into a recession — much higher than previously predicted, according to Steve Hanke, a professor of applied economics at Johns Hopkins University. Maybe even higher than 80%," Hanke told CNBC's "Street Signs Asia" on Friday. They're looking at everything under the sun, but the money supply," Hanke said. There's an 80% chance of the U.S. falling into a recession — much higher than previously predicted, according to Steve Hanke, a professor of applied economics at Johns Hopkins University. Now the growth of M2 money supply is slowing too quickly and that could send the economy into a recession, Hanke warned.

☆ Professor: Fed's been searching for inflation causes in wrong places
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSteve Hanke says the Fed has been searching for the causes of inflation 'in all the wrong places'Steve Hanke, professor of applied economics at Johns Hopkins University, says the U.S. Federal Reserve has been "looking at everything under the sun but the money supply."

☆ Facultatea Construcții, Geodezie și Cadastru, din cadrul UTM, reprezentată la conferința internațională „Risk in Contemporary Economy”
▼ + stars: | 2021-06-09 | by ( Onixmedia Srl | ) diez.md time to read: +2 min

În data de 4 iunie 2021, Zinaida LUPAȘCU, conf. univ., dr. în cadrul programului de studii „Drept”, Facultatea Construcții, Geodezie și Cadastru, Universitatea Tehnică a Moldovei, a participat la cea de-a XXII-a ediție a Conferinței internaționale „Risk în Contemporary Economy”, manifestare științifică organizată de Facultatea de Economie și Administrarea Afacerilor a Universității „Dunărea de Jos” din Galați, România, începând din anul 1993. În prezența unor invitați de marcă din străinătate: Federica CODIGNOLA, University of Milano – Bicocca, Italia; Diroubinee MAUREE-NARRAINEN, University of Technology, Mauritius; Wissal BEN ARFI, EDC Paris Business School, Franța, reprezentanta FCGC-UTM, conf. Acest material a fost scris și redactat de echipa UTM. Informațiile prezentate în acest material nu reflectă nici într-un mod opiniile echipei #diez.

Persons: Zinaida LUPAȘCU, conf, Wissal BEN, Zinaida LUPASCU, Beatrice Narcisa, Irina Susanu, Florentina Moisescu, Alexandru Ioan Cuza, George Emil Palade, Ion Ionescu Organizations: Universitatea Tehnică a Moldovei, Universității, Dunărea, of, University of, Paris Business School, UTM, Universitatea, Academia, Studii, Alexandru, Universitatea „ Transilvania, Universitatea din, Universitatea „ Valahia, Medicina, Universitatea de, Universitatea de Studii Locations: Jos, Galați, România, străinătate, of Milano, Bicocca, Italia, University of Technology, Mauritius, Wissal, Paris, Franța, București, Iași, Brașov, Universitatea din Oradea, Târgoviște, Târgu Mureș, Brad, University, Turcia, Toliara, Madagascar, Moldova, Republica Moldova

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