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The Latest Breaking News from Economy

Textile waste a growing environmental concern

The last quarter of each year is chock-full of festivals--which, traditionally, is when Indians shop for new clothes, spurred on by myriad sales and big discounts.

Newslaundry

NZ’s new cultural policy will be called Amplify. It is timely and needed, but not ambitious enough

The arts and cultural activity of Aotearoa New Zealand enhances our global reputation, grows our economy and brings us fulfilment as individuals. But more could be done to realise the full economic, social and wellbeing potential of our country’s creative arts.

The Conversation

Bar staff to be trained to spot drink spiking

The Government says it is committed to halving violence against women and girls in the next decade.

The Independent UK

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Thousands of bar staff to be trained to spot drink spiking

The Government says it is committed to halving violence against women and girls in the next decade.

Evening Standard

Russia’s war economy is on its last legs, but peace may be even worse for Vladimir Putin, experts say

“Russia cannot continue waging the current war beyond late 2025, when it will begin running out of key weapons systems.”

Fortune

Mother melts down after plane passenger refuses to give up Economy Plus seat so she could sit with her son

‘Whenever ANYONE is asking to swap seats, it’s ALWAYS for a better one,’ one person claims on Reddit

The Independent UK

Australia urged to do more on climate crisis as activists rue trillion-dollar Cop29 funding gap

Wealthy nations agree to take the lead in helping developing countries shift to a low-carbon economy

The Guardian - AU

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Mounting Economic Costs Of India's Killer Smog

Noxious smog smothering the plains of north India is not only choking the lungs of residents and killing millions, but also slowing the country's economic growth.

International Business Times

Cop29 agrees $1.3tn climate finance deal but campaigners brand it a ‘betrayal’

Deep divisions remain after high-stakes talks end with agreement to help developing world shift to low-carbon economy

The Guardian - UK

Donald Trump ally warns Keir Starmer the US will ‘crush’ the UK economy if it helps arrest Benjamin Netanyahu

Senator Lindsey Graham hit out at US allies warning they should not comply with the warrant for the Israeli leader issued by the ICC

The Independent UK

‘Sitting with their head in their hands’: farm equipment suppliers fear for impact of budget

Traders at a big machinery show say inheritance tax changes affecting the rural economy have had an immediate impact on business

The Guardian - UK

IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks

Global lender says it will release about $333m to crisis-hit nation as signs of economic recovery emerge.

Al Jazeera

Energy bills, mortgages, food: will cost of living surge again under Labour?

The government claims to be fixing the economy but households may face more pressure in the months ahead

The Guardian - UK

Trump picks hedge-fund investor Scott Bessent for treasury secretary

Job is one of most powerful in Washington with huge influence over US economy and financial markets

The Guardian - US

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Barchart

Euro Weakness Boosts the Dollar to a 2-Year High

The dollar index (DXY00 ) Friday rose by +0.55% and posted a 2-year high. Friday’s weaker-than-expected Eurozone economic news signals a struggling European economy that is weighing on the euro to the dollar’s benefit. The dollar extended its gains Friday after the US Nov S&P manufacturing and service PMIs increased....

Capital & Main

Challenging the Myth of a Trump Takeover of the Union Vote

Labor strategist Steve Rosenthal says Kamala Harris fared better with union voters than headlines suggest — and outlines the labor movement’s path forward.

Barchart

Dollar Jumps to a 2-Year High as the Euro Slumps on Eurozone Economic Weakness

The dollar index (DXY00 ) today is up +0.54% and climbed to a 2-year high. Today’s weaker-than-expected Eurozone economic news signals a struggling European economy that is weighing on the euro to the dollar’s benefit. The dollar extended its gains after the US Nov S&P manufacturing and service PMIs increased....

Fortune

Bosch gives employees unwanted 4-day week as German economy sputters

The €92 billion conglomerate Bosch is cutting hours and pay for hundreds of staff thanks to a "difficult economic situation."

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news in one place.

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Fortune

Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will

Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.

Latin Times

Mexican President Sheinbaum Pledges Support For Citizens Amid Trump's Mass Deportation Plans

Sheinbaum said Thursday that Mexico was working to convince the Trump administration that mass deportations weren't needed, highlighting how important Mexicans were to the U.S.' economy, especially considering the taxes they pay.

TechRadar

Going full-fibre on UK broadband could net the country billions

Speedier broadband connections are set to boost the UK’s economy and reduce emissions.

The Independent UK

China is expanding visa-free entry to more countries in bid to boost economy

China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economy

International Business Times

German GDP Downgraded In New Blow For Struggling Economy

German third-quarter growth was downgraded Friday with official data showing it expanded even more weakly than previously thought, in a new blow for Europe's top economy as it battles multiple headwinds.

Latin Times

Americans Think Inflation, Not Immigration, Should be Trump's Priority During his First 100 Days in Office

A new Reuters/Ipsos poll showed inflation, immigration and the economy as the top issues voters think Trump should handle as soon as he assumes office.

International Business Times

Irish Economy Faces The Test Of Trump's Protectionism

With a general election next week, Ireland and its 5.4 million inhabitants fear finding themselves in the eye of a protectionist storm promised by incoming US president Donald Trump.

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Anura Kumara Dissanayake

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