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The Latest Breaking News from Economy

Southern Africa is seen as a leader in wildlife conservation, but its market-driven approach is deeply flawed

Southern Africa’s wildlife economy is often hailed as a successful model. The idea behind this model is that biodiversity and wildlife are used as the basis of sustainable economic growth, through an increase in wildlife numbers and in a country’s revenue.

The Conversation

Rachel Reeves requests urgent assessment of spending inheritance

MPs will hear assessment this month as new chancellor tries to pin blame on Tories for tough decisions ahead

The Guardian - UK

Rachel Reeves scraps ‘absurd’ Tory onshore windfarm ban

New chancellor has vowed to ‘get Britain building again … get Britain growing again’ to reboot the economy

The Independent UK

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Five Stocks With Solid Growth History and a Promising Outlook

Five reasonably priced stocks with solid growth history and a good chance of delivering earnings even if the economy softens.

Kiplinger

Chancellor Rachel Reeves delivers message to world: Britain is the place to do business

Rachel Reeves sets out how she wants to rev up Britain’s economy in first speech as Chancellor

Evening Standard

Euro and French bonds slide as markets react to surprise left-wing surge in elections

After the New Popular Front left-wing alliance won the largest number of seats in France's National Assembly, investors have been assessing what this might mean for the French economy. In this edition, we look at what the market reaction to the surprise result has been and take a closer look…

France 24

To boost the economy, Labour cannot afford to duck these four expensive challenges

Labour has come to power with a mandate for change and big ambitions to grow the economy and rebuild public services. It wants to move swiftly to implement its early pledges while keeping within its self-imposed spending limits.

The Conversation

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Watch as chancellor Rachel Reeves gives first major speech on Labour’s plan for economic growth

Watch as chancellor Rachel Reeves sets out her plan for the economy in a speech on Monday 8 July.

The Independent UK

Chinese risk perilous journey in search of ‘freedom’ in the United States

Thousands of middle-class Chinese are trekking thousands of kilometres through the Americas to the southern US border.

Al Jazeera

Two data centres in London commuter belt to be looked at by Angela Rayner in move to boost jobs

Levelling-up Secretary Ms Rayner is asking local mayors to flag planning bids with investment opportunities

Evening Standard

Rachel Reeves pledges to ‘fix foundations’ of UK economy with growth plan

Chancellor will use first speech to declare ‘national mission’ that involves unblocking infrastructure and private investment

The Guardian - UK

Reeves warns of ‘difficult decisions’ as she outlines plan to reverse £140bn Tory black hole

Rachel Reeves is expected to claim today that Tory mismanagement over 14 years has left the UK economy £140bn smaller than it should be

The Independent UK

Job Seekers Prioritize Stability, Pay, And Engagement In Uncertain Economy

Job seekers face challenges in an uncertain job market, prioritizing stability, fair pay, and meaningful engagement in their career pursuits.

Top News

The Fed could slash rates by 200 points over 8 meetings as the economy signals a sharper downtrend, Citi says

Citi sees the Fed slashing rates from 5.25%-5.5% now to 3.25%-3.5% by July 2025.

Fortune

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The Guardian - US

What would a Harris candidacy mean for the elusive independent woman voter?

Polling shows critical group unenthused about Biden and Trump – and moved by economy over abortion

The Guardian - UK

Of the UK economy’s two possible endings, the happy one is more likely

Will the credits roll as Starmer wins big in 2029 or will Reeves be boxed in by her own fiscal rules and leave the economy in a worse state?

Latin Times

Unauthorized immigrants have been playing a key role in Idaho's economy, report shows

In Idaho, undocumented immigrants pay a little over $26.3 million in taxes each year

The Guardian - UK

The week in TV: Supacell; Skint: The Truth About Britain’s Economy; A Good Girl’s Guide to Murder; The Man With 1,000 Kids – review

A south London superhero drama feels scrappy but real; economist Tim Harford dishes up hard facts; a gen Z Miss Marple is pure middle England. Plus, one seriously rogue sperm donor

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The Independent UK

Kenya's dramatic flooding sweeps away a central part of the economy: Its farms

Kenyan farmers' financial security and optimism have been shaken by recent flooding

Fortune

One of the most accurate recession indicators is close to sounding the alarm as unemployment continues to rise

While the current jobless rate is still historically low, its rate of increase could be a sign of deteriorating economic conditions.

AAP

Tax cuts, rates chatter to play into consumer sentiment

Consumer and business confidence surveys are due out this week and are likely to show ongoing weakness to reflect a waning economy.

The Guardian - UK

My generation can barely recall the last time Labour was in power. We need to believe things really can get better

Young people are desperate to see how activism on climate, Palestine and the economy translates into policy, says writer Isabel Brooks

StockNews.com

Investor Alert: Should We Be Worried About Recession?

Even though the S&P 500 (SPY) is making new highs, there are signs the economy is slowing. In fact, it is possible we could slip into a recession if the Fed does not play its cards right. This creates an interesting cross roads for investors as recession typically results in…

International Business Times

New UK Government Faces Tough Economic Challenge

Britain's new Labour government on Friday pledged immediate action to grow the economy after the centre-left party won a landslide general election victory.

International Business Times

Rachel Reeves: Britain's First Woman Finance Chief

Rachel Reeves, Britain's first woman finance minister, is a former child chess champion and Bank of England economist who has pledged to grow the nation's economy while showing strong fiscal discipline.

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