Martin Feldstein was a pillar of American economics

For a half-century Martin Feldstein was everywhere you looked in American economics. He was an astoundingly prolific columnist, sometimes churning out several a week, for several newspapers, on the big economic stories of the day. He was a fixture at conferences and seminars and the teacher, for two decades, of Harvard University’s introductory economics course. He served presidents of both parties. In short Mr Feldstein, who died on June 11th aged 79, was an American economic institution. Born in New York City, he spent most of his life in Cambridge, Massachusetts,…

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Top 5 Cars News Of The Week: Hyundai Venue Mild-hybrid, Kia SP2i Sans Camo, Skoda Karoq India Launch And More

This week’s news was mainly dominated by SUVs. Hyundai is considering a mild-hybrid variant for the Venue, while the Kia SP2i was spotted sans camo outside India. Talking about spy shots, the XUV300 Diesel AMT was also spotted this week and Skoda has confirmed that its midsize SUV Karoq will make its way here. Last but not the least, Volkswagen launched another special edition for the Polo, Ameo and Vento this week. Hyundai Considering Mild-hybrid Tech For Venue Turbo: Korean giant Hyundai is claiming that the Venue turbo’s fuel efficiency…

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Scott Hiett: The Next Generation Of Computer Science

Scott Hiett is one to watch. I spoke to the 15-year-old Marling School student soon after his victory at Finastra’s FusionONE Hackathon, beating other developers double (or even triple) his age with his team’s winning product HYBER, an AI-based foreign exchange app that allows users to grow holiday money ahead of their trip. When Hiett was seven, he bought himself a ‘Teach Yourself Visual Basic’ book with a gift voucher he got for his birthday and “read it backwards, forwards, upside down, left to right, and spent a lot of…

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China tariffs list includes 194 pages of products as trade war escalates

The Trump administration and the Chinese government are engaged in an escalating tit-for-tat tariff war, and consumers are getting stuck in the middle. China said Monday that it is raising tariffs on $60 billion of U.S. goodsin retaliation for Trump doubling duties on $200 billion of Chinese imports. This despite Trump’s tweeted warning that “China should not retaliate-will only get worse!” According to the AP, China’s Finance Ministry said the penalties will be tacked on to 5% to 25% on hundreds of U.S. products, including batteries, spinach, tea, and coffee. This new round of tariffs will take…

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The economics of the “Avengers” universe

The cast and crew of “Avengers: Infinity War” attend the Los Angeles premiere.    – Jesse Grant/Getty Images for Disney This post contains spoilers for “Avengers: Infinity War.” What would happen to the economy if half the population suddenly disappeared? Thanos — a space warlord who’s the main villain in the crossover Marvel film “Avengers: Infinity War” —  decides to eliminate 50% of all living beings at random, in a single snap. He spends the movie acquiring infinity stones, which grant him the ability to manipulate reality and carry out his goal.…

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Ford, Mahindra could launch new JV company: Pros and cons of the joint-venture

Ford-Mahindra joint venture is likely to be finalised in the next three months Ford Motor Company and Mahindra & Mahindra are nearing the close of a deal to form a new joint-venture company in India. According to a Reuters report, this deal will likely be the end of the American car manufacturer’s independent operations in the country. The move will make Ford the latest car manufacturer to pull back on its operations in India, joining the likes of General Motors which stopped selling in the Indian market in 2017. Ford has invested more…

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2020 Hyundai Sonata Revealed Ahead Of Public Debut At NY Auto Show

Snatching some attention from the exhibits at the ongoing 2019 Geneva Motor Show, Hyundai has pulled the wraps off the eight generation Sonata sedan. The 2020 Hyundai Sonata has been revealed in images ahead of its public debut at the New York Auto Show next month. The all-new model takes shape after the Le Fil Rouge concept that was revealed at the Geneva Motor Show last year and sports bolder lines, imposing grille and more tech than its predecessor. The new offering is also larger in proportions translating into a larger cabin.…

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Untrained Woman Rams New Car Straight Through Glass Doors Of A Car Showroom In Himachal Pradesh

In a shocking incident, an untrained female driver rammed a new car through the glass doors of a car showroom. The incident took place in Mandi Himachal Pradesh and the woman allegedly lost control of the accelerator. As seen in the video, the woman got into an Elite i20 car, placed in the middle Grand i10 and i20. Just as she started the car, she lost control and raced the car through the doors. The car crashed into another vehicle parked outside after speeding out of the showroom. In the video, another woman standing…

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