Immigration boosts innovation and wages in the US. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. Increased immigration to the US since 1965 is estimated to have increased innovation and wages by 5%.

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It has also trimmed its five-year capital spending plan to £1.7bn from £2bn by delaying investment in electric vehicle technology.

Author(s): Stepan Savka, Andriy Serednytski, Dmytro Popovych

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The tour kicked off at Mama Roux's club in front of a few hundred fans who were attracted as much by his ebullient indie music as their curiosity in the Beckham clan.

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