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The Latest Breaking News from Economy

The Bank of England has failed. It must urgently lower interest rates

City Voices: The MPC has turned a blind eye to the economic warning signs that monetary policy is too restrictive

Evening Standard

BOJ Considers Stimulus Exit Scenarios, Adopts Hawkish Stance

The Bank of Japan (BOJ) adopted a more hawkish stance in January, discussing potential exit strategies for stimulus measures. Find out more in this summary.

Top News

UK risks steep decline without £28bn green economy pledge, Labour warned

Business leader says investment in low-carbon economy is ‘absolute minimum’, a view echoed by other experts

The Guardian - UK

From analysis to the latest developments in health,
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What is Labour’s £28bn green plan – and could it be shelved?

Party’s pledge to invest in a low-carbon economy looks to be at risk amid nervousness over making spending commitments

The Guardian - UK

IMF Lowers UK's 2025 Growth Outlook Amid Strong Past Performance

The International Monetary Fund (IMF) has lowered its growth forecast for the UK economy in 2025, citing stronger performance in the past as a reason for t...

Top News

OPINION - The Standard View: Brexit is a failure, but rejoining the EU will fall to future leaders

There was always going to be “some friction” when it comes to trading with the European Union, but that is the “price you pay”, Brexit cheerleader and Government minister Andrea Leadsom acknowledged this morning. Curious that Vote Leave never put that on a bus.

Evening Standard

China's Factory Activity Contracts, Weak Demand Hinders Economy

China's manufacturing sector continues to struggle as factory activity shrinks due to weak demand, posing challenges for the country's economy.

Top News

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Oil prices fall as Chinese economy weakens

Read about how oil prices have been impacted by the slowing Chinese economy. Discover why this economic downturn has resulted in a dip in oil prices.

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Taiwan's Q4 GDP surpasses expectations, promising outlook for 2024

Taiwan's Q4 preliminary GDP surpasses expectations, signaling positive prospects for the country's economic growth in 2024.

Top News

Mexico's Economy Records Modest Growth in Q4 2023

Mexico's economy experienced minimal growth in Q4 2023, with services advancing, agriculture declining, and manufacturing remaining stagnant. Inflation dec...

Top News

Federal Reserve Considers Cutting Interest Rates Amid Inflation Concerns

The Federal Reserve is expected to move closer to cutting interest rates amid a healthy economy and declining inflation, but timing remains uncertain.

Top News

Weight-loss Drug Maker Novo Nordisk's Profit Surges As Sales Boom

Danish pharmaceutical giant Novo Nordisk posted bumper profits for 2023 on Wednesday, driven by blockbuster sales of diabetes and obesity treatments that helped it become Europe's most valuable company.

International Business Times

Ex-RBI Governor Raghuram Rajan meets former Maharashtra CM Uddhav Thackeray in Mumbai

Former RBI Governor Raghuram Rajan meets Shiv Sena chief Uddhav Thackeray, who had backed Mr. Rajan’s criticism of the Central government.

The Hindu

Centre’s capex thrust will continue because the private investment remains weak: Former Niti Aayog VC Rajiv Kumar

Former Niti Aayog Vice Chairman Rajiv Kumar emphasizes the need for continued focus on capital expenditure in the upcoming Interim Budget to address weak private investment and bridge the infrastructure gap in the Indian economy.

The Hindu

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Caixin Global

Although China’s economy showed signs of recovery in 2023, prices have not improved in tandem, with key economic indicators signaling a persistent decline

International Business Times

As Tunisia's Economy Falters, Medical Tourism Flourishes

At a fertility clinic in Tunis, Bintou Yunoussa hopes doctors can finally help her conceive -- one of more than two million foreigners who travel to Tunisia annually for medical procedures.

Top News

Japan's December Factory Output Rises with Machinery Production

Japan's factory output rose in December, largely driven by an increase in production machinery. This positive trend reflects the country's growing economy.

PC Gamer

Like A Dragon: Infinite Wealth Dondoko Island guide: How to earn $500,000 and break the economy

How to break Like A Dragon: Infinite Wealth’s Dondoko Island for fun and (mostly) profit.

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The Hindu

Economic encomium: On the Finance Ministry’s 10-year review of the economy

In the the Finance Ministry’s 10-year review of the economy, India needs to grow faster to create jobs at the scale its youth need and ensure that a rising growth tide lifts most boats, if not all

Latin Times

IMF Expects U.S. and Latin America's GDP to Grow 2.5% This Year, Decelerate in 2024

In its new World Economic Outlook, the organization said that the global economy is approaching a soft landing, but risks remain

International Business Times

IMF Lifts Global Growth Forecast Citing Unexpected 'Resilience'

The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 percent, citing unexpected resilience in major advanced and emerging market economies around the world, including the United States and China.

The Guardian - AU

The robots are coming – for the gig economy: the smart satire of Lapsis

This small-budget film with a high-tech concept follows a cable layer who is made to compete with robots at work

The Guardian - AU

Australia’s black summer bushfires ripped billions from the tourism industry. Is global warming making the cost of natural disasters worse?

Exclusive: The impact on businesses was widespread, even in areas relatively unaffected by the disaster, study finds

Top News

Increase in Young Adults Living with Parents Amid Economic Challenges

Discover the challenges faced by young adults in today's economy, including rising rent prices and student loan debt, and the growing trend of multigenerat...

Top News

Australian retail sales decline in December

In December, Australian retail sales experienced a decline, indicating a shift in consumer spending. Find out more about the impact on the Australian economy.

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