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Everything posted by candide
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Brexit: UK's divorce bill from EU could rise to £42.5bn
candide replied to CharlieH's topic in World News
They didn't line up. Most of them just continuated the agreements they signed with the EU. Actually, UK exports to non EU countries even decreased. "However, there is little sign to date of UK goods exports to non-EU countries making up for lower exports to the EU, with the former down 18 per cent on 2019 levels.b" "While additional trade with other counties could offset some of the decline in trade with the EU, none of the agreements concluded to date are of a sufficient scale to have a material impact on our forecast." https://obr.uk/box/the-latest-evidence-on-the-impact-of-brexit-on-uk-trade/ -
Trump ex-adviser Bannon convicted of contempt of U.S. Congress
candide replied to Scott's topic in World News
Political, really? He was found guilty by a jury, and the judge has been nominated by Trump.- 42 replies
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Brexit: UK's divorce bill from EU could rise to £42.5bn
candide replied to CharlieH's topic in World News
To pay the pensions of the British (ex) employees and members of European Institutions. -
Testimony Depicts the Former President as Content to Let the Riot Rage
candide replied to Scott's topic in World News
The moron, who incidentally was the Commander in Chief, just watched the mob assaulting the Capitol and did nothing. ???? -
Trump ex-adviser Bannon convicted of contempt of U.S. Congress
candide replied to Scott's topic in World News
Will he be "bannonized" in jail? ???? -
These hearings just confirmed what we already knew: Trump is a loser, a liar and a cheat!
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By raft and on foot, migrants cross Rio Grande from Mexico to Texas
candide replied to Scott's topic in World News
You are assuming that the reason for the lower participation rate is low wages. It's not what I read in articles about it. Reasons often evoked are that people are bored with <deleted> jobs, extensive working hours, and other reasons such as childcare or early retirement. "The share of the population that is working or looking for work remains 1.2 percentage points below their February 2020 values, as Americans that left work during the pandemic are coming back slowly due in part due to childcare and early retirement. source: U.S. Bureau of Labor Statistics" https://tradingeconomics.com/united-states/labor-force-participation-rate#:~:text=Labor Force Participation Rate in the United States averaged 62.85,percent in December of 1954. You are also assuming that the non-participating population would be able to do such agricultural hard work. This is far from obvious. Young and energetic people don't can find work rather easily. I would rather assume that the non-participants are not very fit (I.e. in the oldest age range, over 50) and are not able to dig or harvest 8 hours a day under the Californian sun. -
By raft and on foot, migrants cross Rio Grande from Mexico to Texas
candide replied to Scott's topic in World News
Is it really the problem? The unemployment rate is low, businesses are often complaining they cannot hire enough employees, and wages have been rising. -
By raft and on foot, migrants cross Rio Grande from Mexico to Texas
candide replied to Scott's topic in World News
Not to mention Trump who was employing illegal immigrants... -
Eleven Conservatives now bidding to be next UK prime minister
candide replied to CharlieH's topic in World News
Yet 100% of developed countries (which have a similar economic development to UK) have an inflation rate between 6.1% and 10.5%, 5 above UK and 10 below UK. -
Energy prices are global. It is not a limited increase in U.S. production which will solve the current problem. It also takes time to develop new production drills, so the additional production will come too late on the market. On top of it, the future price of oil may not allow new investment to be profitable and operators know it.
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Eleven Conservatives now bidding to be next UK prime minister
candide replied to CharlieH's topic in World News
Ok. It remains that the EU rate is affected by Eastern Europe, which is not comparable to UK. -
Eleven Conservatives now bidding to be next UK prime minister
candide replied to CharlieH's topic in World News
Ireland, Netherlands and Luxemburg are also below UK. Sorry I forgot the link in the unedited post https://tradingeconomics.com/country-list/inflation-rate?continent=europe -
Eleven Conservatives now bidding to be next UK prime minister
candide replied to CharlieH's topic in World News
You are right about the EU and UK figures. However, is it a relevant comparison? Most EU countries with a higher inflation than UK (and affect the average rate) are less developed countries located in Eastern Europe. They have different economic conditions and are also more affected by the war in Ukraine. The other most developed countries have a lower inflation rate than UK (except for Belgium and Spain): France, Germany, Italy, Austria, etc... https://tradingeconomics.com/country-list/inflation-rate?continent=europe