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The Latest Breaking News from Economy

Kwasi Kwarteng pockets £27,000 for 30-minute speech to Swiss bankers

Just months after he and Liz Truss tanked the UK economy with their kamikaze mini-budget, Mr Kwarteng has started raking in cash from public speaking

Daily Mirror

Modi govt ‘ruining’ PSUs: Mallikarjun Kharge

The Congress chief said the Modi government does not believe that the Public Sector Undertakings (PSUs) are an important part of the country’s economy.

The Hindu

Thank Dutch Merchants, Not a Strong State, for Capitalism

Pioneers of Capitalism chronicles centuries of bottom-up economic evolution in the Netherlands.

Reason

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THE wellbeing economy is high on the agenda in Scotland’s politics right now, especially with the recent inclusion of the economic approach in a…

The National (Scotland)

North Korea opens key party meeting to tackle its struggling economy and talk defense strategies

With leader Kim Jong Un in attendance, North Korea has opened a key political conference to discuss improving its struggling economy and reviewing defense strategies in the face of growing tensions with rivals

The Independent UK

Arkhom predicts low-growth year for Thai economy

The Thai economic recovery this year is expected to be "low growth", says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Full list of King’s Birthday Honours

The King’s first birthday honours list has been released and has seen figures recognised for their contributions in sport, entertainment and public service.

Evening Standard

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The transition to an 'economy of enough'

Rather than a Productivity Commission, how about we have a Sufficiency Commission instead, asks Dr Catherine Knight, whose goal would be to meet our needs within biophysical limits?

Newsroom.co.nz

What did Putin say at Russia’s flagship economic forum?

Russian president touted resilient economy despite sanctions, said Ukraine’s forces stood ‘no chance’ of winning war.

Al Jazeera

Recession is ‘at our doorstep,’ but investors are falling for a goldilocks scenario, Wells Fargo says. It ‘isn’t going to end all that well’

Wells Fargo Investment Institute sees the S&P 500 falling 7% by year-end as corporate earnings sink.

Fortune

Economy on world's longest direct flight will have extra legroom and 'wellness zones'

In 2025 Qantas will start running routes from Sydney to New York and London direct, with the journey likely to take between 19 and 20 hours, making it the longest non-stop commercial flight

Daily Mirror

Putin touts Russian economy, says Ukraine's president is 'shame to Jewish people'

President Vladimir Putin is touting Russia’s prospects at the country’s main international economic forum despite heavy international sanctions imposed because of the war in Ukraine

The Independent UK

London-Sydney nonstop flights move a step closer as Qantas reveals ‘anti-jet lag’ measures

20-hour-plus trip will come with a high financial and environmental price tag

The Independent UK

Copper Prices: A Forecast on When to Expect a Rise in 2023

Copper prices have risen since the pandemic lows, but what can we expect for the remainder of 2023? In this article, we'll take a closer look at the current state of the copper market, examine the factors that affect its price, and forecast when we can expect a rise in…

Barchart

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The Guardian - UK

Vodafone and Three merging would be a disaster – not least for your bills

For customers’ mobile costs to come down, we need more telecoms providers, not fewer, says Nicholas Shaxson, cofounder of the anti-monopoly Balanced Economy Project

Chronicle Live

Revealed: Government plans for a new 'voice of the North' organisation to help grow region's economy

Levelling Up Department says new body will help attract trade and investment to region

The Independent UK

IMF head welcomes Europe's interest rate hikes in campaign against inflation

The head of the International Monetary Fund has praised the European Central Bank’s decision to raise interest rate for the eighth time in a row

The Guardian - UK

Behavioural battlefronts: why the transition to a zero carbon economy needs psychology as well as technology

New technology or a scientific breakthrough isn’t enough to mitigate the climate emergency. Addressing people’s behavioural blockers – their resistance, reluctance, or any practical difficulties they may face – is vital

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Zenger

Jim Cramer After China Rate Cut: ‘Any Stimulus Plan That Works Will Need Help From West’

CNBC “Mad Money” host Jim Cramer weighed in on the Chinese economy and offered a bleak outlook for the U.S. market

Tribune News Service

Editorial: Here’s how a new immigration law works against Florida’s interests

Florida’s newest crackdown on illegal migrants doesn’t take effect for weeks, but already the legislation is uprooting families and unsettling key pillars of Florida’s economy. It’s another reminder of how poorly we treat the powerless who take some of the most difficult jobs, and of the price that communities, employers…

Zenger

Bill Gates Reportedly Snags Rare Meeting With Xi Jinping Amid China Tour: ‘Need To Unlock That Kind Of Progress’

Corporate chiefs have been making a beeline for China ever since the country reopened its economy late last year following the strict COVID-19 lockdowns

The Guardian - UK

UK lagging behind in global race to decarbonise, says TUC leader

Paul Nowak says workers need a seat at the table to ensure a quick and fair transition to a net zero economy

The Hindu

Data | Less than half of urban consumers pessimistic about the economy

When asked about their current perception of the economy, 48.9% said it has worsened

Bangkok Post

Economy strong despite weak exports, baht supportive - Finance Minister

Thailand's economy remains strong, despite weaker shipments, though the weaker baht currency will be supportive of exports this year, Finance Minister Arkhom Termpittayapaisith said on Friday.

Bristol Post

City council spent more on Bristol Beacon than building homes or schools last year, accounts show

Bristol City Council has written off £93million so far on the concert hall refurbishment

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