Archive: 2024 / 06 - Page 3

6 June 2024 Vusumuzi Moyo

The Hidden Costs of Mandating Minimum Wage: A Comprehensive Analysis

Minimum wage laws, while intended to help workers, can have unintended negative consequences. Azu Ishiekwene argues that these laws can harm low-skilled workers, reduce job opportunities, and lead to higher prices. Alternative solutions like Earned Income Tax Credits and conditional cash transfers may offer better outcomes without the drawbacks of minimum wage mandates.

5 June 2024 Vusumuzi Moyo

Portugal Enforces Stricter Migration Policies Amid Rising Influx

The Portuguese government implements stricter measures to regulate migration, focusing on reducing asylum seekers and improving integration processes. With enhanced border controls and more efficient asylum processes, the aim is to address the rising number of migrants and ensure sustainable integration for those granted asylum.

4 June 2024 Vusumuzi Moyo

BJP Eyes Historic Win in 2024 Lok Sabha: Can They Cross the 400-Seat Mark?

The 2024 Lok Sabha election votes are being counted today, and the BJP led by Prime Minister Narendra Modi is expected to win by a landslide, echoing Congress' historic 1984 win. Their slogan 'abki baar, 400 paar' highlights the possibility of surpassing 400 seats, with exit polls pointing to a significant majority. Key battlegrounds include the Hindi heartland, South India, and Bengal.

3 June 2024 Vusumuzi Moyo

Market Caution Prevails as Stock Futures Show Little Movement Ahead of June's First Trading Day

Stock futures showed minimal movement before June's first trading day, reflecting market caution. Despite a strong May, with the Nasdaq Composite surging 6.9%, tech stocks like Nvidia faced setbacks. Investor anticipation and interest rate concerns loom large, with key economic updates expected, including manufacturing data and a crucial jobs report in the first week of June.