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The Latest Breaking News from Economy

YUCK: An Influencer Shared Her Icky Experience Sitting In Plane Seats That FACED EACH OTHER

An influencer from the USA has made public a horrific injustice in the field of air travel — economy seats that literally face each other.

Pedestrian.tv

India's moon mission: A great leap for domestic business?

India on Friday sent its Chandrayaan-3 spacecraft on a mission to land on the moon, hoping to join the three other countries that have managed the feat. Comparatively, though, India's quest has a considerably lower budget, with a price tag of $74.6 million. The launch comes at a time of…

France 24

Three Market Discussions to Have Over the Weekend

There was a lot going on in markets this week with the three keys, in my opinion, being US stock index rallies, the "bizarre" cattle markets, and US soybeans export expectations.

Barchart

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Jeremy Siegel says we are in a 'Goldilocks economy' and the Fed doesn't need to raise interest rates anymore

“It’s a Goldilocks economy—strong economic growth and falling inflation,” the veteran market watcher told CNBC Friday.

Fortune

Jamie Dimon leads big banks’ earnings triumph: The economy remains ‘resilient,' but a ‘soft landing’ isn’t guaranteed

Despite stubborn inflation and rising interest rates that pose "salient risks," Jamie Dimon says he's hoping for the best.

Fortune

‘Japan collaboration may help Karnataka realise its $1 trillion economy dream by 2032’

Japan-Karnataka trade collaborations increasing: 228 Japanese firms have established 537 offices in Karnataka. Trade collaborations could enhance Karnataka's vision of a one trillion-dollar economy. Japan-India business cooperation to bring synergy to both economies. Potential for collaboration in chemical, defence and aero industries. BCIC has set up office in Japan to…

The Hindu

EU to give Tunisia €1bn to fight trafficking and prop up ailing economy

Von der Leyen to return with Italian and Dutch PMs despite warnings over ‘breakdown’ of democracy under Saied

The Guardian - UK

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Mysuru earns recognition for plastic waste recycling

Mysuru's MCC earns EPR cert for plastic waste mgmt, joins hands with private player to reuse single-use plastic. MCC has recycled 11 metric tonnes of plastic waste into paver tiles, benches, etc. It has created a circular economy & earned the EPR certificate, helping earn revenue.

The Hindu

Fadden will show if voters are ready to blame Labor for the economy, or keep bashing the Coalition

Peter Dutton wants to portray the government as too focused on the voice, but while an Aston-style upset is unlikely, the opposition leader is still on thin ice

The Guardian - AU

Good news makes for a bad election

Good economic news for America usually makes for a good election for the incumbent. Why things may be different now

Salon

Econometer: Will restarting student loan payments hurt the economy?

Student loan interest rates and payments are set to restart in the fall, and the Supreme Court decided recently to scrap President Biden's debt relief plan.

Tribune News Service

Backup plan in works in case budget is delayed

The Ministry of Finance is preparing a backup plan to sustain the economy if delays in forming a new government affect budget disbursement for the 2024 fiscal year starting on Oct 1.

Bangkok Post

Government Can Print Money, But Not Resources, Says Schiff, Backing Musk’s Take On Goods & Services

People sometimes think the economy is money, but the actual economy is goods and services, according to the billionaire.‌

Zenger

China Plans to Boost Researcher Salaries in Areas Aligned With National Innovation Goals

The world’s second-largest economy is striving for greater self-sufficiency, especially in certain core industries, such as semiconductors, amid growing geopolitical concerns

Caixin Global

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TechRadar

Barcodes: half a century of reading data and delivering insights

The importance of barcodes to the global economy and the storage required to support them.

The Guardian - AU

RBA lifer Michele Bullock may have the luck of playing good cop to Philip Lowe’s bad

The Reserve Bank of Australia’s first female governor will begin her appointment at or very near the end of the cycle of rate rises

The National (Scotland)

Paper reveals 'sheer scale of opportunity' for indy Scotland's economic growth

A FRESH paper mapping out how improved green economic growth can be achieved in an “underperforming” Scotland has been launched.

The Conversation

Politics with Michelle Grattan: Treasurer Jim Chalmers on Michele Bullock's appointment as Reserve Bank Governor

For months, speculation has swirled about the appointment of a new governor of the Reserve Bank, a key position in the management of the Australian economy.

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Al Jazeera

Will Pakistan’s IMF agreement save its economy?

It could heIp Pakistan stabilise the economy, but might not improve the government’s popularity.

Tribune News Service

Biden says the economy is booming. Some voters looking ahead to 2024 don't buy it

Cindy Leonard took a break from the summer heat earlier this month to cool off on the water steps on Pittsburgh’s North Shore. The price was right, she said — free. “With the price of groceries going up, gas, electrical bills, you have to watch what you buy,” she said.

Bangkok Post

Delay poses risks to the economy

The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline…

Tribune News Service

Xi gets serious about boosting private sector as economy slumps

Chinese President Xi Jinping finally appears to be extending an olive branch to private businesses battered in recent years by regulatory crackdowns and the world’s most restrictive COVID-19 policies.

Fortune

What CEOs really think about A.I.

Fortune ran a CEO survey, conducted in collaboration with Deloitte, to find out what top leaders think about recent A.I developments.

The Independent UK

Rishi Sunak making economy even worse than ‘arsonist’ Liz Truss, says Labour

Exclusive: ‘The grown-ups have got us into an even worse position,’ says Rachel Reeves – as mortgage rates rise again

Evening Standard

The leeches aren’t healing our sick economy, so Hunt and Bailey will only prescribe more

City comment: Jeremy Hunt thinks the main problem is that you and I just have way too much money

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