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Category Archives: World Economy

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Fish in Troubled Waters

The European parliament has voted to prohibit ‘electric pulse fishing’, a fishing practice which uses electric pulses to scare flatfish such as the flounder into leaving their sub-seabed hideouts in favour of a waiting fishing net. The European parliament previously allowed up to 5 percent of a country’s fishing fleet to switch to electric pulse fishing, to test the waters. The European parliament now considers the experiment finished and wants to illegalize electric pulse fishing once more.  Meanwhile, the Dutch have switched. The French have not. Why and how has this come to be?

 

Trump's alleged Christmas present

Trump’s alleged Christmas present

If things are going according to plan for the Trump administration, which seems to be a rarity since the president’s inauguration in January, American citizens are to receive tax cut around Christmas. The alleged massive tax cut is primarily intended to benefit Americans with middle and low income, according to Trump. When we take a look at the concept of the different versions of this ‘Tax Cuts and Jobs Act’ however, one may ask the question who actually benefits.

Bitcoin bubble

Is Bitcoin condemned to be the next speculative bubble?

With a market cap of approximately €87.4 billion and a current all-time high price of €5270 (Wilmoth, 2017),  Bitcoin’s price and success seem to be heading through the roof and beyond. While hitting the €1000 mark in mid-January , the price has since increased with almost 430%. Taking into account these  extraordinary numbers, the main question arises whether Bitcoin will be the next speculative bubble.

Trumponomics

Now that we have seen the first acts as Trump in his position as president of the United States, the time is now to reflect on his economic ideas and first acts. Obviously, it remains unclear how Trump will fill in the rest of his presidency, but we already are able to have a glimpse of what Trump is going to do the following four years.