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The Latest Breaking News from Economy

Ukraine’s economy has greater staying power than Russia’s, but the US mineral deal shows how fragile its advantage is

Kyiv still relies heavily on foreign support for its war effort, and it has agreed to difficult terms to keep the US on side, says academic Luke Cooper

The Guardian - UK

China Eases Monetary Policy To Boost Ailing Economy

China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and the trade war with the United States.

International Business Times

China's central bank cuts key interest rate as US tariffs threaten economy

China’s central bank has cut a key interest rate as U.S. tariffs threaten the economy

The Independent UK

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Starmer in 'two-tier taxes' storm as Indian workers exempt from NI under 'landmark' trade deal

PM faces backlash after it emerges workers coming to the UK and their employers have been granted major tax exemption as part of free trade deal

Evening Standard

Tariff cuts and tax exemptions for some workers agreed in UK-India trade deal

Ministers say the long-coveted agreement will add £4.8 billion a year to the economy by 2040.

Evening Standard

How would Donald Trump’s tariffs on foreign films affect the UK industry?

The US president has said he intends to impose a 100% tariff on all movies ‘produced in Foreign Lands’

The Guardian - UK

RSM chief economist: 'Recession will start on the docks of Los Angeles'

“The price of those policies will be first paid at the ports and then spread to the rest of the economy,” RSM’s Joseph Brusuelas wrote, referring to the president’s tariff and trade policies.

Fortune

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Jon Stewart on Trump ignoring the constitution: ‘It’s not optional’

Late-night hosts discuss the president’s unusual take on his oath of office and blaming Biden for economy’s ‘bad parts’

The Guardian - US

No Signs Of US Recession, Treasury Secretary Says

There are currently no signs that the United States has entered a recession despite the world's largest economy recording a contraction in the first quarter, the US Treasury Secretary said Tuesday.

International Business Times

Starmer rejects Welsh leader’s call to ‘rethink’ winter fuel policy

Prime Minister Sir Keir Starmer said ‘we had to stabilise the economy’ as he defended the actions taken by his Government.

The Independent UK

UK and India agree ‘landmark’ trade deal after three years of negotiations

Deal could help UK industries hit by Trump tariffs, as ministers say it will add £4.8bn a year to economy by 2040

The Guardian - UK

Starmer secures Britain’s biggest post-Brexit trade deal with India in ‘landmark’ agreement

Deal on whisky, gin, cars and cosmetics set to boost economy and cut prices for shoppers – but Indian temporary workers and their employers in the UK get three-year exemption from national insurance contributions

The Independent UK

How a community-focused vision for net zero can revive local economies

Across the world, the transition to a green economy is under threat. Growing antipathy towards the costs of tackling climate change, stoked especially by right-wing populists, undermines ambitions to reach net zero emissions by 2050.

The Conversation

German stocks drop as Merz stumbles in historic Bundestag defeat

German stocks fell and bund yields rose after Friedrich Merz failed to secure a Bundestag majority, marking a historic political setback. The DAX dropped 1.5%, with industrial stocks hit amid rising uncertainty over Germany’s economy.

Euronews

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The Independent UK

Asian shares are mostly higher after Wall St breaks its winning streak

Asian shares are mostly higher after stocks closed lower on Wall Street, breaking a nine-day winning streak

International Business Times

Germany's Merz To Launch New Govt In Times Of Trump Turbulence

Germany's conservative leader Friedrich Merz is set to be sworn in as chancellor on Tuesday with a mission to revive the ailing economy and boost the diplomatic standing of the EU's most populous country.

The Guardian - UK

UK consumer confidence at lowest level since December 2022, says Which?

Almost two-thirds of people believe economy will get worse in next 12 months amid tariffs uncertainty and Ukraine war

The Independent UK

Consumer confidence in economy ‘at lowest level since cost-of-living shock’

Almost two thirds of consumers (64%) believe the economy will get worse before it gets better, according to the Which? Consumer Insight Tracker.

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The Conversation

Labour is still gendered – and women are still getting a raw deal in the workplace

“When diversity, equity and inclusion become ‘threats’ to the order of society,” Judith Butler wrote recently, “progressive politics in general is held responsible for every social ill.” Authoritarians are empowered to oppress vulnerable people in the name of “the nation, the natural order, the family, society or civilization itself”.

International Business Times

The Data Economy's New Architect Trevor Koverko Pioneering the Future of AI

While others chased compute infrastructure, serial entrepreneur (and former pro hockey player) Trevor Koverko saw something more scalable, accessible, and urgent: the human side of AI training.

The Guardian - UK

The Guardian view on Trump’s shock therapy: warehouse and transport workers are the first victims of a class war

Editorial: Behind the slogans and tariffs lies a calculated strategy – fuelled by elite interests, eroding labour rights and stoking global recession

Fortune

Millions of student loan borrowers head to collections as delinquency rates soar over 20%

Some will have wages and benefits garnished, putting even more strain on an already unstable economy.

International Business Times

Trump Mocked for 'Ignorant' Logic for 'Saving Hundreds of Billions of Dollars' as Tariff War With China Continues: 'Who Taught Him Math'

Donald Trump's logic was labeled questionable by users as he assured Americans that the economy is "doing great" as high tariffs impact trade with China.

The Conversation

How industrial diversity affects local employment growth in France

In an interconnected global economy, regions face recurring economic shocks and intense competition. For policymakers and researchers, understanding the drivers of local employment growth has become critical. Recent theoretical advances highlight the importance of different relational proximities that influence the benefits of the geographic clustering of economic activities.

The Guardian - US

Trump says Biden caused the economic downturn. That’s malarkey

The US president is blaming ‘Biden’s economy’. In fact, there is one key cause of the poor showing – and it’s not his predecessor

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