The Young Economist

15/06/2025

Imprese e intelligenza artificiale: l’obiettivo del giovane cagliaritano è rivoluzionare il mondo delle Pmi e startup italiane

25/05/2023

"How to beat A.I. (Wrong way)"

Satirical Cartoon made by Christian Salemi for The Young Economist 🗞

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Inspired by the widespread anxiety that artificial intelligence may lead to the loss of millions of jobs (85 million according to the World Economic Forum report), contradicting the potential it could bring (97 million new potential jobs according to WEF). 🔌

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24/05/2023

Economy 📈 - Elon Musk announced through a tweet that he will resign and that Linda Yaccarino, former head of advertising at NBCUniversal, will be at the helm of Twitter. The announcement has generated so much excitement that Tesla's stocks rose by +2%.

USA 🇺🇸 - Janet Yellen, United States Secretary of the Treasury, confirmed that the US may declare default on June 1st if the debt ceiling is not raised. Yellen issued the final warning about the government's precarious financial situation.

World 🌍 - In Dresden, Germany, five people were arrested for what has been dubbed the "heist of the century." The North African-origin clan executed a diamond theft worth 113 million euros at the Dresden museum. Some accomplices remain at large, and a significant portion of the stolen goods has yet to be recovered.

Economy 🏦 - EU Commissioner Gentiloni emphasized that in 2023, Italy will experience a GDP growth of 1.2%, while Germany is projected to reach 0.2%, and France 0.7%.

Technology 🚀 - In Japan, a TV screen has been invented that allows users to taste food flavors by licking the screen itself. It is called Taste the TV. The device was created by Homei Miyash*ta, a professor at Meiji University in Tokyo.

Climate ❄️ - The World Meteorological Organization has estimated that the years between 2023 and 2027 will be the hottest on record since temperature measurements began. Global temperatures are expected to rise by +1.5°C, raising concerns about global catastrophes.

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16/05/2023

In 2014, American economists began to use the term "secular stagnation" to describe the slow recovery of the US economy after the 2008 subprime mortgage crisis. 📰

Two prominent economists, Lawrence Summers and Robert Gordon, provided different explanations for the phenomenon. Summers believed that the crisis of demand, brought on by a decrease in interest rates and a lack of investment, was the main cause of secular stagnation. 📊

Gordon, on the other hand, identified a lack of innovation as the primary problem, due to demographic decline, public debt, low education levels, and economic inequality.

According to Gordon, these factors have slowed US economic growth from a consistent 2% annually to a constant rate over time, leaving future generations with lower economic growth than their predecessors. 📈

However, researchers such as Erik Brynjolfsson and Andrew McAfee argue that investing in technologies such as artificial intelligence, big data, and medical advancements could reorganize the labor market and counteract the effects of secular stagnation. 📉

Read the full article from tomorrow, 20.05.23 on www.theyoungeconomist.net 🗞️

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Article written by Lorenzo Pasinato for Liuc-Finance and Investment Club × The Young Economist 🖋

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15/05/2023

"The common question that is asked in business is: 'why?'. This is a good question, but an equally valid question is: 'why not?'" - Jeff Bezos

Jeff Bezos is an American entrepreneur, business magnate, and investor. He is best known as the founder, CEO, and president of Amazon.com, one of the world's largest online retailers. 📦

Bezos founded Amazon in 1994, and under his leadership, the company has grown to become one of the most valuable companies in the world. 📈

As of 2023, his net worth is estimated at over $114 billion, making him one of the wealthiest people on the planet. 📈

In 2021, he stepped down as CEO of Amazon to focus on other ventures, including his space exploration company, Blue Origin. 🖋

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14/05/2023

E-commerce 📦 - According to data from Net Retail, the number of online shoppers worldwide is constantly increasing. The pandemic has certainly increased this phenomenon, which now also uses Try-on technology, allowing users to try on clothes purchased from the comfort of their sofa, thanks to virtual reality.

Economy 🏦 - IBM, the American technology multinational, has announced that it will no longer hire the 8,000 units planned in the coming years, as AI seems to be more efficient.

United Kingdom 🇬🇧 - Last Saturday, May 6, the coronation of the English sovereign Charles III took place, who took the place of his mother Queen Elizabeth. The ceremony took place, as tradition dictates, at Westminster Abbey, and the multimedia event was followed by 4 billion viewers worldwide.

Economy 📈 - According to the International Monetary Fund's predictions, this year Russia will grow more than Germany and Great Britain, on par with France and Italy, and should surpass four of the G7 countries. This is despite Western leaders having hypothesized that economic and financial "weapons" would crush Russia.

Space 🚀 - The Chinese rover Zhurong has analyzed the dunes north of Mars and believes that recently liquid saltwater existed on the surface of the red planet. Chemical analyses point to water activity, which explains the presence of the dunes that have been preserved thanks to Mars' extremely cold and dry atmosphere.

Health 🩺 - A study published in the prestigious scientific journal New England Journal of Medicine overturns the prevailing hypothesis that longer telomeres delay aging. It appears instead that they are linked to a higher risk of getting cancer.

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11/05/2023

"Betting against the euro is meaningless. Do it if you want." - Mario Draghi

Mario Draghi is an Italian economist born in Rome in 1947. 🏦

He has held important positions both in Italy and abroad, including Governor of the Bank of Italy, President of the European Central Bank, and Italian Prime Minister.

He is considered one of the main figures responsible for managing the European financial crisis of 2011, and an expert in monetary and financial policy.📊

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09/05/2023

The European Central Bank (ECB) modifies short-term interest rates to influence the long-term ones, which affects people's spending decisions, employment rate, prices stability, inflation, and daily decisions. 🏦

ECB controls three key interest rates: the rate on the marginal lending facility, the deposit facility rate, and the interest rate on the main refinancing operations (MRO), which is the most important.

The ECB's goal is to maintain steady economic growth, which is achieved by regulating monetary policy, controlling inflation/deflation, and ensuring economic stability. In times of recession, the ECB decreases key interest rates to allow firms to borrow money at a lower cost, leading to more investments, productivity, and purchases by people. In contrast, in times of economic prosperity, Central Banks can increase interest rates to reduce investments, employment, and prices. 📈

In response to the Covid-19 pandemic, ECB increased its purchasing program, and Central Banks worldwide have the mission to regulate monetary policy and achieve set goals through key interest rates. ECB uses forward guidance to infer the goals it wants to reach in the future and exercise its power in monetary policy. 📊📰

Read the full article from tomorrow, 10.05.23 on www.theyoungeconomist.net 🗞️

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Article written by Daniele Berardo for Liuc-Finance and Investment Club × The Young Economist 🖋

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08/05/2023

"Enough of Renaissance po*******hy, it could hurt people's sensibilities."

Satirical Cartoon made by Christian Salemi for The Young Economist 🗞

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Inspired by the news of March 24 in which an American professor was allegedly kicked out of school for explaining Michelangelo's David, considered "pornographic material" by the parents of the students. 🗿

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17/01/2023

We are finally out! 🍾

The Young Economist, where the future begins.

04/08/2022

AMDT Digital Inc. 13th Largest Company in the world for one day.👇🏻

On Tuesday August 3rd, AMTD Digital Inc. an Hong Kong Stock Exchange based investment banking company, rose32,229% since its IPO in NYSE in July 15th from $7.80 to $2,521.72 per share.

AMTD Digital is a subsidiary of AMTD IDEA, a Chinese financial firm, which shares rose by nearly 500% in conjunction of its subsidiary’s shares run.

Read the full article here ⤵️

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Article written by Chakkrit Charoenlai for The Young Economist.

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Contact us in one of our channels! 🗞️

On Tuesday August 3rd, AMTD Digital Inc. an Hong Kong Stock Exchange based investment banking company, rose32,229% since its IPO in NYSE.

02/08/2022

An overview of the # : will its latest performance be a flash in the pan?👇🏻

In the last two years the pharmaceutical industry has been under the spotlight and registereda generalised financial statements improvement.

But will it be long-lasting? Is the sector a safe haven against or something more?

Read the full article here ⤵️

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Article written by Marco Cazzolli for The Young Economist.

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Do you want to be part of The Young Economist?
Contact us in one of our channels! 🗞️

In the last two years the pharmaceutical industry has been under the spotlight and registered a generalised financial statements improvement.