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Government accused of ‘spending money for nothing’ by hiring consultants to…

WA farmers have accused the Federal Government of playing politics with their livelihoods and “spending money for nothing” by hiring consultants to review live sheep export studies as part of its trade phase-out policy. It comes after The West Australian last week revealed the consultancy firm in question denied it had taken a position on phasing out the trade — despite having compiled reports for animal activist groups. The Agriculture Department asked Pegasus Economics in May last year to fact-check and query existing industry-funded research on the trade. And in documents released under Freedom of Information laws, Pegasus…

Private school graduates tend to earn more. Why? It’s complicated

When I was 12 years old my parents gave me a choice. I could stay at the leafy-green Perth private school I’d cracked into that year on an academic scholarship, or move to a selective public school. At the time, I shrugged my shoulders: I liked where I was, but wondered what a change might bring. In a decision that felt like a coin toss, I went down the public school path. Illustration: Andrew Dyson My decision was not guided by whether I might ultimately earn more as the graduate of a public, rather than a private, school. But that is a preoccupation for aspirational parents who often pay huge premiums to send their children to…

China's capitalist reforms are said to have moved 800 million out of extreme…

January 8, 2024 This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: fact-checked trusted source written by researcher(s) proofread by Dylan Sullivan, Jason Hickel and Michail Moatsos, The Conversation It has become an article of faith among many economists that China's pro-market reforms of the 1980s and 1990s ushered in a sustained reduction in poverty. This narrative relies on figures from the World Bank, showing that over the past 40 years the number of people in China living in " extreme poverty " …

The Netherlands To Turn On Groningen Gas Output amid Cold Snap

The Dutch government has decided to temporarily extract minimal amounts of natural gas from two sites at the Groningen gas field that was closed last year, as a deep freeze is moving into northwest Europe, boosting demand for space heating and electricity. The Groningen gas fields would be turned off on October 1, 2023, and permanently close next October, the government of the Netherlands said last summer. The fields were expected to remain in operational status for another year just in case the country finds itself on the energy backfoot with an exceptionally cold winter 2023/2024. if(window.innerWidthADVERTISEMENTfreestar.config…

RBC raises 2024 S&P 500 target despite the pullback to start the year

RBC Capital Markets isn't giving up on the market after the slow start to the year. Lori Calvasina, the bank's head of U.S. equity strategy, raised her year-end S & P 500 price target to 5,150 from 5,000. This is approximately 9.6% higher than the S & P 500's Friday closing level of 4,697.24. Last week, the S & P 500 snapped a nine-week winning streak as investors began pulling back on the technology titans. The yield on the benchmark U.S. 10-year Treasury also traded above 4% last week, further placing downward pressure on the equity market. On Monday, it dipped back below the key level. .SPX YTD mountain SPX in early 2024…