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The Latest Breaking News from Economy

Watch live: Starmer urges Nato leaders in Brussels to step up support for Ukraine

Watch live as Sir Keir Starmer visits Nato headquarters in Brussels as he is set to urge other world leaders that Europe must bear down on Vladimir Putin’s Russia as its economy falters in the wake of sanctions.

The Independent UK

While plastic dominates human consumption, the global economy will remain hooked on fossil fuels

In early December 2024, hopes for a landmark global treaty to curb plastic pollution were dashed as negotiations in South Korea stalled. Leading the campaign against the deal were major oil-producing nations, especially Saudi Arabia and Russia, who argued for a more flexible approach to any legally binding limits on…

The Conversation

Conor Murphy to quit as Northern Ireland economy minister to join Irish parliament

Sinn Féin politician to step down after being elected to Seanad, and aims to push reunification agenda

The Guardian - UK

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As Mexico and Canada hit back, China pulls punches on Trump’s tariffs

Analysts say Beijing hopes to seize moral high ground with referral of tariffs to World Trade Organization.

Al Jazeera

European markets set for heavy falls after Trump’s EU tariff warnings

It follows a wave of weekend tariffs announced by the US president for Mexico, Canada and China.

Evening Standard

UK economic growth forecasts downgraded in blow for Reeves

UK GDP is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts

The Independent UK

Low wages, payment delays: Merely increasing MGNREGS work days is not enough

The Bharatiya Janata Party-led National Democratic Alliance government will present the second full budget of its third successive term in office, amidst concerns of a slowdown of the economy based on government estimates.

Newslaundry

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Murphy vows to drive momentum towards Irish unity after winning Seanad seat

The veteran Sinn Fein politician is leaving his job as Stormont economy minister to take on a new role in the upper chamber of the Irish parliament.

Evening Standard

Australia spends $714 per person on roads every year – but just 90 cents goes to walking, wheeling and cycling

What could you buy for 90 cents? Not much – perhaps a banana.

The Conversation

UK economic growth forecasts downgraded for 2025 – EY

It represents another blow to Chancellor Rachel Reeves’ hopes to rapidly grow the UK economy.

Evening Standard

Starmer challenges EU leaders to boost defence spending ahead of post-Brexit reset talks

At a meeting with EU heads of state in Brussels on Monday, the prime minister will challenge Britain’s European allies to ramp up their defence spending to keep the continent safe from Vladimir Putin’s ‘campaign of sabotage and destruction’

The Independent UK

'The Black Swan' author warns future selloffs could be 2-3 times worse than the DeepSeek shock as it reveals how fragile the economy is

“This is the beginning. The beginning of an adjustment of people to reality.”

Fortune

What do Trump's executive orders say on tariffs and how would they work?

President Donald Trump is using a trio of executive orders to throw the world economy and his own goal of cutting inflation into turmoil

The Independent UK

President Trump Implements New Tariffs On Mexico, Canada, And China

Learn about the Trump administration's tariff plan and its potential impact on the economy and consumer prices.

Top News

President Trump Imposes Tariffs On China, Mexico, And Canada

President Trump imposes tariffs on imports from China, Mexico, and Canada to benefit the U.S. economy.

The Guardian - UK

Pressure rises on Bank of England and the Fed as the interest rate debate gets political

The UK is likely to make a cut this week; Trump has made it very clear he wants his central bank to follow suit

Al Jazeera

Global alarm, condemnation as Trump tariffs hit Mexico, Canada and China

Mexico and Canada announce retaliatory tariffs while China warns that there is no winner in a trade war.

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The Independent UK

Trump risks ‘really damaging impact’ on global economy with tariffs, Cooper warns

If Donald Trump targets the UK, it could retaliate in the form of tariffs targeted at symbolically important US products such as whiskey, blue jeans and motorbikes – hitting brands like Jack Daniel’s, Levi’s and Harley-Davidson

Evening Standard

Trump tariffs risk ‘really damaging impact’ on global economy – Yvette Cooper

The US president’s tariffs have sparked fears of a new era of trade wars across the globe.

International Business Times

China Shrugs Off New Trump Tariffs But Bruising Trade War Looms

Donald Trump's new tariffs will probably not have a major impact on China's economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday.

The Independent UK

Trump imposes sweeping tariffs on Canada, Mexico and China

Order includes mechanism to raise rates if the impacted countries retaliate against U.S

The Guardian - UK

Reeves’s Heathrow third runway report was commissioned by London airport

The chancellor is under fire after a study cited as evidence for expanding the terminal to boost the UK’s economic growth was ordered by Heathrow itself

Dynamite News

Gives a new consciousness in fulfilling resolve of developed India": Gujarat CM applauds Union Budget

Gujarat Chief Minister Bhupendra Patel on Saturday praised the Union Budget presented by Finance Minister Nirmala Sitharaman, under the leadership of Prime Minister Narendra Modi, Read further on Dynamite News:

The Guardian - US

‘People wanted change’: Scranton felt the pinch – but are Trump tariffs the answer?

Voters in Biden’s home town turned to Trump to lower prices, but some are wary of the president’s economic plans

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