Author: ifonge

Yves here. The authors below have developed a model for the impact of tariffs that goes beyond widely-used and arguable simplistic approaches. Their integration of production networks and other factors suggests that even short-lived tariffs can do significant, lasting damage. By Sebnem Kalemli-Ozcan, Schreiber Family Professor of Economics Brown University; Can Soylu, Brown University; and Muhammed A. Yıldırım, Assistant Professor of Economics Koc University. Originally published at VoxEU Tariffs have returned as instruments of economic and geopolitical policy, but their short- and medium-run macroeconomic effects are still not fully understood. This column introduces a new framework that integrates global production…

Sunrisers Hyderabad (SRH) booked their place in the Indian Premier League (IPL) 2026 playoffs after registering a thrilling five-wicket victory over Chennai Super Kings (CSK) at the MA Chidambaram Stadium on Sunday. In a contest packed with momentum swings, aggressive batting and emotional crowd reactions, it was Ishan Kishan who once again found himself at the centre of attention.While the wicketkeeper-batter played a crucial role in SRH’s successful chase, it was his animated interaction with the Chennai crowd after the match that quickly became one of the biggest talking points of the evening. As clips from the incident spread online,…

SAN DIEGO — The Dodgers entered the late innings Monday in an unenviable position: trailing the Padres, whose biggest strength is their bullpen.“When they have a lead they don’t relinquish it too often,” manager Dave Roberts said after the Dodgers’ 1-0 loss Monday. “You know the numbers — when they’re ahead in the seventh inning they don’t lose. You do have to be a little more aggressive and capitalize when you do get those chances.”Including Monday, the Padres are 20-2 when leading after six innings, 21-1 when leading after seven, and they have a perfect 22-0 record when leading after eight.Even when…

Barcelona will swap out their regular sponsor for Ed Sheeran when they face Real Madrid in El Clasico next month, continuing their tradition of featuring music icons on their shirts through their partnership with Spotify.Spotify, who hold the naming rights to Camp Nou, have previously replaced the sponsor logo for Barca’s biggest game with the likes of Drake, Rosalía, The Rolling Stones, Karol G, Coldplay and Travis Scott. Sheeran will now join that list when Barcelona travel to the Santiago Bernabéu on October 26.According to Catalan outlet RAC1, the shirt will feature either Ed Sheeran’s name or the logo of…

WASHINGTON — The Defense Department’s inspector general said Monday that it’s investigating U.S. Southern Command over its targeting of alleged drug-smuggling boats in the military’s campaign against drug cartels, which some critics have argued is illegal.Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.Southern Command has targeted nearly 60 small boats the military says were transporting drugs through the Caribbean Sea and the Pacific Ocean, destroying 59 vessels and killing 193 people since the campaign began last fall, according to the Pentagon.The internal watchdog will look at the intelligence and targeting Southern Command used…

SAO PAULO — A highly contested mining project in the Brazilian Amazon rainforest operated by Canadian company Belo Sun is expected to reach a key development Wednesday, when a Brazilian court will rule on whether to uphold a decision that could advance the project.The court in Brasilia will determine whether the federal government or the northern state of Para, where the mine is planned, has authority to grant environmental licenses for the project.Belo Sun has sought since 2012 to establish the Volta Grande gold mine on the banks of the Xingu River in Para state. The site lies about 20…

By Chris Snellgrove | Published 16 seconds ago For nerds of a certain age, Logan’s Run (1976) is one of the scariest sci-fi series ever made. The movie features a dystopian future where mankind nonetheless lives in debaucherous harmony, surrounded by automated machinery that takes care of everyone’s needs. But as the opening crawl warns us, there’s a catch: once someone turns 30 (as evidenced by a crystal in their hands), they must kill themselves in a ritual known as “Carousel,” after which they will be allegedly reborn. In reality, there is no rebirth; everyone simply sacrifices themselves in order…

Ishan Kishan played a magnificent knock on Monday, May 18, at the MA Chidambaram Stadium against the Chennai Super Kings (CSK), orchestrating a five-wicket win for the Sunrisers Hyderabad (SRH). This win helped the Orange Army reach the playoffs. On the other hand, CSK’s hopes of reaching the playoffs now hang by a thread, as they have to win their last match and hope for other results to fall in place.The 2016 champions needed to chase down a 181-run target, which they did in 19 overs. Ishan Kishan starred with the bat, smashing 70 off 47 balls with the help…

A series of primary races and the national partisan fight over mid-decade redistricting are revealing the deep fault lines dividing both American political parties. Last week I wrote about the GOP primary in Kentucky’s fourth congressional district which is already the most expensive House race in U.S. history and also how the partisan national fight over mid-decade redistricting might determine control over the U.S. House of Representatives. Today I want to follow up on that race, the redistricting fight and a couple of other primaries that speak to larger political trends. Let’s start with the redistricting fight Did the Supreme…