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The Latest Breaking News from Economy

US economy 'to grow three times as fast as UK’s' in 2024 as both countries to elect new leader

The OECD predicted the US economy will expand by 2.1 per cent in 2024, compared to 0.7 per cent for the UK

Evening Standard

French service sector contracts for eighth straight month

The French service sector continues to contract for the eighth consecutive month, according to the Purchasing Managers' Index (PMI) data. Read more here.

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German Economy Struggles Due to Declining Manufacturing Orders

The German economy is facing challenges as a lack of orders weighs on its manufacturing sector, according to a report from the Ifo Institute.

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UK services sector posts fastest growth in eight months; Fed’s Powell urges prudence on interest rate cuts – as it happened

Rolling coverage of the latest economic and financial news, as pound hits lowest level since December

The Guardian - UK

Thai Inflation at 3-Year Low: Commerce Ministry

The Thai economy experiences its lowest inflation rate in almost three years, according to the commerce ministry, indicating stability and positive economi...

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Australia's Golden Goose Remains Unruffled Amid China Crises

Discover why Australia's economy remains resilient despite periodic crises in its relationship with China. Learn about the factors that protect its golden ...

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Egypt's Non-Oil Business Contracts in January Due to Inflation

Inflation and the Gaza conflict have caused a contraction in non-oil businesses in Egypt in January, according to the Purchasing Managers' Index (PMI).

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Indonesia's GDP growth in 2023 slows to 5.1%

Discover the latest update on Indonesia's economy. The GDP growth is projected to slow down to 5.1% in 2023. Stay informed on the country's economic perfor...

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Analysis: India’s 2024 interim budget shows a changing economy

Move from agriculture to manufacturing, an increase in demand for Food for Work programme show changes in economy.

Al Jazeera

Fed Chair Powell: Prudence Key in Considering Rate Cuts

Federal Reserve Chair Jerome Powell discusses the possibility of rate cuts in an interview with CBS' '60 Minutes', emphasizing the need for prudence in mak...

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Trump proposes tariffs on China to protect U.S. economy

Republican candidate Donald Trump argues that the United States should implement tariffs on China as a means to address trade imbalances.

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Turkey's new central bank governor to implement tight monetary policy

Turkey's new central bank governor aims to implement a tight monetary policy in order to curb inflation, signaling a commitment to stabilizing the economy.

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Black-owned businesses crucial for economy and advancing racial equality: report

Discover the impact of Black-owned businesses on equality and the economy. Learn about the growth, employment, and revenue generated by these businesses in...

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Morocco's Trade Deficit Shrinks 7% on Tourism and Lower Imports

Discover how Morocco's trade deficit has shrunk by 7% due to the booming tourism industry and decreased imports. Find out more in this informative article.

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German Economy Minister Proposes Corporate Tax Reform: Welt am Sonntag

Germany's economy minister has proposed corporate tax reform, aiming to make the country more attractive for businesses. This move could have significant i...

The Guardian - UK

Should the UK embrace higher net migration or rethink the economy?

If the population is to grow on the scale predicted the UK will need the infrastructure to service a much-expanded citizenry

Reason

The Bankruptcy of Bidenomics

Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.

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EU leaders seal 50 billion euro aid package for Ukraine's economy

EU leaders have agreed to provide Ukraine with 50 billion euros to support its war-ravaged economy. The aid aims to stabilize the economy, rebuild infrastr...

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International Business Times UK

Labour Backtrack On £28 Billion Green Investment Pledge After Weeks Of Confusion

With a UK general election looming, the Labour Party are starting to persuade business and financial sector leaders that it can be trusted to grow the economy.

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Fundraising controversies arise as celebrities and schools appeal for donations

This article explores the awkwardness and necessity of fundraisers in today's economy, referencing Alyssa Milano's controversial crowdfunding for her son's...

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China's economy faces threats amid Red Sea crisis and shipping disruptions

This content discusses how Houthi rebel attacks in the Red Sea are affecting global supply chains and putting pressure on China's ambitions and export-reli...

The Hindu

U.K. govt., Anna varsity to implement climate compatible growth programme

The UK government partners with Anna University to implement a climate compatible growth program in India, focusing on sustainable energy and circular economy.

The Guardian - UK

Labour’s mixed messages on £28bn green pledge put it in worst of all worlds

Tories watch on delighted as Starmer repeats figure while the shadow Treasury team distance themselves

Top News

US Economy Adds 353k Jobs, Unemployment Rate Remains at 3.7%

Discover the latest news on the U.S. economy, including the impressive job growth in January and public perceptions of economic conditions under President ...

Kiplinger

January Jobs Growth Comes In Hot: What the Experts Are Saying

Stronger-than-expected jobs growth and rising wage pressure all but eliminate the possibility of a March rate cut.

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