William Nordhaus And Paul Romer Win 2018 Nobel Prize In Economics
William Nordhaus and Paul Romer have been declared the winners of this year Noble prize in Economics, the former work on Economics climate made him to be considered while the latter work on the endogenous growth theory put him into consideration.
William Nordhaus and Paul Romer have been awarded the 2018 Prize in Economic Sciences, have designed methods that address some of our time’s most fundamental and pressing issues: long-term sustainable growth in the global economy and the welfare of the world’s population.
William Nordhaus is being recognised for his work on the damage caused by climate change.
Paul Romer has examined how economists can achieve a healthy rate of economic growth.
The models that Nordhaus and Romer have created have helped with the development of economic growth, and with combatting climate change, we’re hearing.
They have taken macroeconomics to a global scale, to tackle some of the world’s biggest problems, the Nobel Prize committee say.
Super Bowl Victory Parade: One Dead and Nine Injured in Kansas City Shooting
At the Super Bowl victory parade in Kansas City, Missouri, one person has lost their life, and nine others are reported injured following a shooting incident near Union Station.The gunfire erupted west of Union Station, where thousands had gathered to celebrate the Kansas City Chiefs' Super Bowl win on Wednesday. According to a fire department official, three of the victims are in critical condition, while five others sustained serious injuries.Kansas City police sw...
Unrest Unfolds in Ecuador as Gang Leader Escapes, Media Attacked, and Police Face Abductions
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UK Announces Stricter Migration Rules: Higher Salary Requirements and Dependents Restrictions
In a recent development reported, UK Home Secretary James Cleverly has revealed a new set of rules aimed at controlling migration, with a focus on adjustments to the skilled worker visa requirements.One significant change involves an increase in the minimum salary requirement for obtaining a skilled worker visa. Currently standing at £26,000, the new threshold is set to rise substantially to £38,700. Cleverly addressed the parliament on Monday, suggesting that had...
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