This week's edition of the Weekly 5 recaps some important economics stories of the past week. If you are an A-Level Business student these topics will help prepare you for the Global Business section of the course.
The main stories, as chosen by our team this week:
- Japan - We take a look at the recent increase in Japan's sales tax in the context of an economy that has battled deflation over the past decade.
- Tesco - After the announcement that the Tesco CEO will stand down at the end of the year, we assess how effective he has been in turning around the company's fortunes.
- US-EU Trade War - We take look at the recent trade dispute between the United States and the European Union (EU).
- National Living Wage Pledge - We report on the planned policy approach from the Conservative Party in relation to boosting the National Living Wage to £10.50/hr.
- Saudi Arabia Tourism - We take a look at a recent policy initiative from the Kingdom to increase the number of tourists to the country each year.
Alongside these stories you will also discover some additional features such as:
- UK Economy at a Glance - Summarises the state of some of the UK economy's most important performance metrics.
- Economy of the Week - A look at the story of how China re-invented its economy to become the second largest economy in the world.
- Chart of the Week - We look at a chart that reports on the dramatic weekly decline in the value of the FTSE 100 Index.
- Concept of the Week - We discuss the key knowledge requirements of trade tariffs in light of the story of the trade dispute between the United States and the European Union.
- Challenge Zone - Five questions that challenge readers to use the information and data in the newsletter to practice technique.
Stay tuned for further editions of the Weekly 5 released weekly during term time!