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The Latest Breaking News from Economy

Taylor Swift and Coldplay concerts may have saved Singapore’s economy from shrinking last quarter

Strong services spending, spurred from superstar concerts, offset a decline in manufacturing in the first quarter of 2024.

Fortune

India's Business Growth Strong With Record Exports: PMI Report

India's economy showed robust growth in May driven by record exports and manufacturing expansion, reflecting a positive outlook for future growth.

Top News

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Sunak backtracked on climate policies – and voters may punish him

Many hoped he would show global leadership – instead he pitched himself as ‘pragmatic’ and slowed the journey to net zero

The Guardian - UK

Economy, health, migration and more: key battlegrounds in the UK election

The struggling NHS, the climate crisis, education and childcare will be among the issues on voters’ minds

The Guardian - UK

Perception vs. reality: Poll reveals majority of U.S. citizens mistakenly feel the nation is in recession

Republicans and independent voters are more likely to believe this, the survey shows

Latin Times

US Fed's Rate Meeting Minutes Show Growing Inflation Concerns

A strong US economy and an uptick in inflation led the Federal Reserve's rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its most recent meeting published Wednesday.

International Business Times

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What is ‘Net Zero’, anyway? A short history of a monumental concept

Last month, the leaders of the G7 declared their commitment to achieving net zero emissions by 2050 at the latest. Closer to home, the Albanese government recently introduced legislation to establish a Net Zero Economy Authority, promising it will catalyse investment in clean energy technologies in the push to reach…

The Conversation

Things can only get better? For Sunak and the UK economy, this might be as good as it gets

Economies decide elections but with growth tentative, inflation sticky, and tax cuts unlikely, why would the PM wait

The Guardian - UK

Trailing Tories decide this is as good as their prospects will get

Fall in inflation hasn’t eased mistrust over economy, while Starmer leads polling on who will make better PM

The Guardian - UK

General election 2024: Which party is leading on the key issues like health and the economy?

As the prime minister fires the starting gun on the campaign, what are the policies that will determine the result of this vote?

The Independent UK

Rishi Sunak and Keir Starmer kick off election campaigns

PM to set off on two-day tour of UK nations and Labour leader to head to Tory areas in south-east England

The Guardian - UK

US participation in space has benefits at home and abroad − reaping them all will require collaboration

When people think about what we get from the U.S. space program, it may be along the lines of NASA technology spin-offs such as freeze-dried food and emergency space blankets.

The Conversation

Where the inflation and national debt figures leave Sunak’s five priorities

Most of the Prime Minister’s five priorities had not been achieved by the end of last year.

The Independent UK

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The Independent UK

UK inflation falls to 2.3%, lowest level in nearly 3 years but still above Bank of England's target

Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills

The Guardian - US

Biden’s record on the economy is good but voters don’t feel it. Character, not policy, is key to victory

The economy is doing well – far better than under Trump – but Democrats must ask voters if they want a sociopathic infant with fascist tendencies

The Guardian - US

Inflation, election lies and racial tension weigh on voters in Georgia swing county: ‘We all got to eat’

In Peach county, where Trump narrowly won in 2020, voters say they’re struggling with rising prices ahead of the presidential election

The Guardian - US

Do you know how the US economy is actually doing? Try our interactive quiz

Exclusive Harris poll for the Guardian shows the majority of Americans think the country’s in recession – but it isn’t. Test your own knowledge here

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The Guardian - US

Majority of Americans wrongly believe US is in recession – and most blame Biden

Exclusive Harris poll for the Guardian shows 55% believe economy is shrinking, in troubling sign for president’s re-election bid

Fortune

Jamie Dimon shocks Wall Street, hinting at his retirement in the next five years and reciting a laundry list of red flags about the global economy

Dimon says he’s “cautiously pessimistic” about the future of inflation, spending, and the geopolitical landscape.

The National (Scotland)

The Scottish Government can't grow the economy within this Westminster system

This week, I address the lack of economic levers available to the Scottish Government as it seeks economic growth.

The National (Scotland)

We don't need 'homeless pods' – we need real systemic change

We aren’t getting to the roots of the problems and we get long-term damage to societal wellbeing in the process ...

The Guardian - UK

Current and future chancellor face tough choices after IMF report on UK economy

Body says £30bn fiscal gap cannot be filled by higher growth or extra borrowing. So how will No 11 ease pressure on public finances?

StockNews.com

ConocoPhillips (COP) vs. EOG Resources (EOG): Which Stock Offers Better Energy Sector Value?

The energy sector’s growth will be driven by ongoing geopolitical tensions, a recovering Chinese economy, and expectations of the extension of supply cuts by OPEC and its allies. Given this backdrop, let’s analyze the fundamentals of energy stocks ConocoPhillips (COP) and EOG Resources (EOG) to determine which of these two…

Evening Standard

OPINION - An improving economy won't save the Tories

It doesn't seem fair. When the economy is tanking, the government gets the blame. When it recovers, voters tend to give short shrift. Just ask John Major, who couldn't even convince one in three Britons to support the Conservatives in 1997 despite overseeing 22 consecutive quarters of GDP growth and…

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