According to the Christian Science Monitor, the Royal Baby could give a brief, sizable economic boost to the United Kingdom.
The impact on the UK economy is likely to be limited albeit overwhelmingly positive, Howard Archer, chief UK economist for IHS Global Insight, wrote in an e-mailed statement. At the margin, the royal birth may provide the economy with a temporary, small positive boost at a time when it seems to be increasingly moving in the right direction.
Most of the bump will come from the retail sector, with British gift shops hawking everything from key chains to onesies to special edition tea to mark the occasion. But Mr. Archer notes that other areas have seen big gains as well. Coral, a leading betting website in the United Kingdom, told Australian newspaper The Australian that the royal baby was the biggest non-sporting betting event in the company's history.
|Those Small Kiosks You See in Malls Actually Make Money. Lots of Money|
|In Praise of Canada's Boring Banking System|
|"The use of social network contacts as a basis for establishing credit worthiness is questionable."|
|Your Debit and Credit Cards All in One|
|How We Think About the Economy is What Made It Fail|
|“This incredible inconsistency can make English really hard to master for non-native speakers.”|
|How to Avoid Jury Duty|
|“That’s why Colorado School of Mines decided it was time for students to learn how to tap celestial bodies for all they’re worth.”|
|“What if there was a thermostat that allowed you to turn down the temperature of the Earth whenever you wanted.”|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|Review of BenQ's treVolo S Portable Electrostatic Bluetooth Speaker|
|“Lifting the electric motors out of Teslas and putting them in the chassis of other, formerly gas guzzling cars.”|
|On Instagram, Everyone Takes the Exact Same Photos|
|“What can we do to make responsible use of plastic a reality? First: reject the lie.”|
|“Rejuvenation is Finally an Industry.”|
|Why, Typewriters Are Alive and Well, Thank you|
|The (Very Scary) People of Public Transit|