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The Latest Breaking News from Economy

Zimbabwe To Fine Businesses For Not Using Official Exchange Rate

Zimbabwe mandates businesses to comply with official exchange rate to stabilize economy and deter parallel market rates.

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Starmer claims Labour will ‘save taxpayers billions’ with new immigration policies – as it happened

Controversial new Labour MP Natalie Elphicke joins party leader in her Dover constituency as he delivers major speech on immigration

The Guardian - UK

UK Economy Exits Recession Ahead Of Election

Gross domestic product expanded 0.6 percent in the first three months of this year, the Office for National Statistics (ONS) said, noting strong growth in service industries and car manufacturing.

International Business Times

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British Economy Bounces Back Strongly, Ending Technical Recession

British economy shows strong growth in Q1, ending a technical recession. Interest rates may decrease to boost growth.

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UK Exits Recession With 0.6% GDP Growth

UK emerges from recession with 0.6% GDP growth, exceeding expectations and signaling potential economic recovery.

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Britain's recession is officially over as economy grows faster than expected in first quarter

GDP was 0.4% higher in March and up 0.6% in the first quarter as a whole

Evening Standard

UK has moved out of recession, official figures show

GDP rose by 0.6% in first quarter of 2024 but forecasters expect economy to grow slowly this year

The Guardian - UK

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FTSE 100 hits new closing high after UK economy escapes recession with fastest growth since 2021 – as it happened

Short, shallow recession is over, as UK economy grows faster than forecast in January-March quarter, by 0.6%, fastest quarterly growth in over two years

The Guardian - UK

Nigeria hit by snaking queues at the pumps amidst petrol crisis

Motorists in Nigeria face huge queues at petrol stations across major cities as frustration grows over the multi-headed crises dragging on the country's economy. Also, known locally as the Mendzang, the xylophone has a small but dedicated following in Cameroon. And we head out on the road with the roaming…

France 24

Will the Economy or Recycled Copper Keep a Lid on Copper Prices?

Copper often hailed as "Dr. Copper" for its ability to provide insights into global economic health, stands at the crossroads of multiple market dynamics. In the ever-evolving landscape of commodities, the interplay between economic forces and the availability of recycled copper emerges as a critical determinant of copper prices. As…

Barchart

China seizing TSMC would be 'devastating' for U.S. economy, Commerce Secretary says

If China captures Taiwan and TSMC, this will be a major blow for U.S.-based companies and economy, which is why U.S. invests in its own semiconductor production, says Gina Raimondo.

Tom’s Hardware

3 China Stocks to Accelerate Your Portfolio Gains

The Chinese economy is showing signs of recovery as its economy grew faster than expectations. Moreover, proactive government measures are expected to stimulate further future economic growth. Amid this backdrop, investors could look to add fundamentally strong Chinese stocks: Trip.com Group (TCOM), HUTCHMED (China) (HCM), and JD.com (JD). Keep reading.

StockNews.com

Sen. Tim Scott Emphasizes Support For President Trump In Fundraising

Senator Tim Scott actively supports Trump's potential 2024 campaign, emphasizing unity and a strong economy under Trump's leadership.

Top News

Labor’s gas strategy: what is it and why do critics call it ‘Back to the Future’?

New gasfields are key to the Albanese government strategy. Climate groups say this will be ‘devastating’ to emissions reduction targets

The Guardian - AU

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Ukraine's Economy Shifts Permanently Due To War Impact

The war in Ukraine has led to economic turmoil with infrastructure destruction, job losses, and inflation. International support is crucial for recovery.

AAP

Land for new industry to power the west's next bonanza

Western Australia's budget has unlocked land and slashed green tape to win the lion's share of investment in new industry but iron ore is still top of the heap.

Top News

South Korea's Yoon Focuses On Economy Post Election Upset

South Korea's President Yoon prioritizes economy, job creation, and global relations for a brighter future.

AAP

WA budget billions to hip-pocket relief and housing

WA's budget posts a $3.2 billion surplus, as the government reveals measures that help families with the cost of living and housing, and grow the economy.

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Bank Of England To Test Rate Cut Assumptions

Bank of England testing negative interest rates to assess impact on UK economy amidst COVID-19 challenges.

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Philippine Economy Grows Less Due To Weaker Consumer Spending

Learn about the impact of weakened consumer spending on the Philippine economy and strategies for recovery.

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India's April Inflation Expected To Decrease: Reuters Poll

Learn about the potential decrease in India's inflation rate for April and its implications on the economy and consumers. Stay informed for better decision...

The Times of India

IPL 2024: Kuldeep Yadav steals a march over Yuzvendra Chahal

Around five years back, Kuldeep Yadav's career was at the crossroads, especially in the white-ball formats. Playing for the Kolkata Knight Riders, he endured a horrid IPL 2019, taking just four wickets in nine matches @71.50, with an economy rate of 8.66. In the ODI World Cup that year in…

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Bank Of England Nearing First Rate Cut Since 2020

Bank of England considers interest rate cut amidst economic challenges and inflation concerns.

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Argentina Industrial Output Plummets Amid Milei Austerity Measures

Argentina's industrial output declines as austerity measures impact the economy. Challenges lie ahead for recovery and stability.

Top News

North Macedonia Elections: EU Membership And Corruption Dominate Campaign

North Macedonia's recent elections focused on EU aspirations, corruption, and the economy, with a presidential runoff and parliamentary contest.

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