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The Latest Breaking News from Economy

EU-Ukraine trade reset: What comes after tariff-free access expires?

With the expiration of the EU’s tariff-free trade scheme for Ukraine, a new chapter begins in the economic relationship between Kyiv and Brussels - one marked by uncertainty, renegotiation and potential setbacks for Ukraine's war-stricken economy.

Euronews

Extreme weather events have slowed economic growth, adding to the case for another rate cut

Australia’s economy slowed sharply in the March quarter, growing by just 0.2% as government spending slowed and extreme weather events dampened demand. That followed an increase of 0.6% in the previous quarter.

The Conversation

Australian shares surge towards record close

Australian shares have rallied as Australia's largest company hit a share price record, while weaker than expected GDP figures boosted interest rate cut hopes.

AAP

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Texas allows state agency investment in BlackRock after firm steps away from climate initiatives

The firm’s removal from a state list of companies “boycotting” the fossil fuel industry was lauded by Comptroller Glenn Hegar as a “meaningful victory” for Texas’ energy economy.

The Texas Tribune

In the trade wars, there are lessons for the US from Brexit. Australia and our trading partners should take note

While the Trump administration’s on-again, off-again trade wars wreak havoc on the business plans of the world’s exporters, the risks to the global economy continue to grow.

The Conversation

Liberal Lee Jae Myung wins South Korea election and promises unity after turmoil

Victory heralds change for Asia’s fourth-largest economy after snap election triggered by impeachment

The Independent UK

Economy stalls as private sector fails to pick up slack

More rate cuts might be needed to boost Australia's fragile economy with soft household consumption figures contributing to stalled growth.

AAP

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Republican Senator Mocked for Declaring 'An Attitude' Would Spur Economic Growth: 'America Has a Vibes-Based Economy Now'

Sen. Marshall said the "number one" key to triggering economic growth is "just an attitude," an assertion that inspired more ridicule than confidence online.

Latin Times

Blue chips edge higher amid gains on Wall Street

The FTSE 100 index closed up 12.76 points, 0.2%, at 8,787.02.

Evening Standard

Dollar General posts record sales as bargain stores attract more people anxious about the economy

Dollar General set a quarterly sales record of $10.44 billion and it upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at dollar stores and off-price retailers amid economic uncertainty

The Independent UK

UK growth downgraded as global economy dragged by Trump trade wars

In the UK, the economy is expected to grow by 1.3% this year, with the OECD cutting its previous forecast of 1.4%.

Evening Standard

OECD downgrades forecasts for UK growth as Trump tariffs hit world economy

Global growth is expected to fall below 3% for the first time since the pandemic

Evening Standard

Australia must ease zoning to fix housing crisis: OECD

Australia's economic growth forecast for 2025 has been downgraded by the OECD, as Donald Trump's tariffs set back the outlook for the global economy.

AAP

UK will slump to 1% growth next year as Trump tariffs bite, says OECD

US, Mexico and Canada economies likely to be worst affected by ongoing tariff battles, says forecast

The Guardian - UK

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The Guardian - AU

RBA ready to use rapid-fire rate cuts if Trump policies rattle Australia’s economy, minutes reveal

Reserve Bank vetoed a 50 basis point cut in cash rate last month, but is willing to take such action if global economy demands it

The Conversation

What are Canada’s governing Liberals going to do about AI?

Fresh off his election victory, Prime Minister Mark Carney has been focused on standing up to Donald Trump’s claims on Canada as the 51st state and American tariffs. But while that political drama unfolds, one topic that seems to have quietly slipped under the radar is the rise of artificial…

AAP

RBA hints at more interest rate cuts if tariffs worsen

Uncertainty in global markets from Donald Trump's tariffs could lead to the Reserve Bank being more aggressive with interest rate cuts.

Fortune

Syrian stock exchange reopens after a 6-month hiatus as part of U.S.-led push for a new free market economy

Stock trading resumed in Damascus after a six-month pause that began in December.

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Evening Standard

Belfast tech company invests £1.8m in cybersecurity solution for factory floors

Economy minister Caoimhe Archibald attended the announcement by ANGOKA.

The Independent UK

Damascus stock exchange reopens after 6-month closure

Trading has resumed on the Damascus Securities Exchange after a six-month closure, as Syria’s new leaders attempt to shore up the country’s battered economy and begin rebuilding after nearly 14 years of civil war

International Business Times UK

America's Tourism Crisis: Global Travellers Shun US Over Political Chaos

Global travellers are shunning the US, spooked by political turmoil and tariffs, costing the economy billions. Can America win them back?

The Guardian - AU

Natural disasters cost Australia’s economy $2.2bn in first half of 2025, new Treasury analysis shows

Wild weather, including Cyclone Alfred and floods in NSW and Queensland, significantly slowed retail trade and household spending

The National (Scotland)

No one more to blame for cost of living crisis than Nigel Farage, says Stephen Flynn

STEPHEN Flynn has claimed that no one has contributed more to the cost of living crisis than Reform UK leader and “Brexit’s biggest champion”…

The Conversation

Airbnb scams: new book explores thriving criminal activity on big tech platforms

Big tech sharing economy platforms like Airbnb and Uber are marketed as trustworthy, but a new book by a South African media scholar argues that they are highly vulnerable to scammers who spread delusive speech (a form of disinformation, designed to deceive by criminal intent).

Fortune

How Bahrain uses its small size—and being Saudi Arabia’s neighbor—to its advantage

"Bahrain is the testing ground for countries in the region," said Noor Al Khulaif, minister of sustainable development.

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