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The Latest Breaking News from Economy

Inside Tennessee drag queens’ fight against the bill trying to knock down their livelihoods and their art

The law could impact Tennessee's drag economy and the larger LGBTQ+ community at large. But leaders aren't going down without a fight.

Fortune

Greece’s ‘earthquake’ of an election: a right-wing triumph

Not long ago, Greece was Europe’s “economic and political problem child”, said Alan Posener in Die Welt (Berlin). The 2010 debt crisis had led to a 25% contraction in its economy – unemployment had hit 27%; people were rioting in the streets – and as a condition of receiving the massive bailouts…

The Week

Invest NI reports ramp up in sales and exports at partner companies

Advanced manufacturing companies saw the biggest hike in sales of £1 billion last year

Birmingham Post

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Telangana has several goals, milestones to reach despite becoming strong economy in country, says Chief Minister

Asserting that Telangana has become a strong economic force in the country overcoming the obstacles in a short span of nine years, Chief Minister K. Chandrasekhar Rao has said that the State has several goals to reach

The Hindu

One in five SMEs look forward to welcoming back clients in 2023 as economy stabilises

The return of clients is seen as the top business opportunity for SME owners this year - followed by introducing new products or services

Daily Mirror

Trump, DeSantis trade barbs as 2024 campaign acrimony grows

Former President Donald Trump and Florida Governor Ron DeSantis traded barbs on Thursday over who could most quickly fix the economy and reform government agencies as the battle between the top two Republican contenders grew increasingly acrimonious.

Reuters

UAC eyes B200m RDF plant in Indonesia

UAC Global Plc (UAC), a chemical trader and renewable energy operator, is preparing to allocate 200 million baht to build a refuse-derived fuel (RDF) factory in Indonesia to supply local companies under the circular economy concept.

Bangkok Post

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Sentiment hits 3-year high amid economic recovery

The Digital Industry Sentiment Index rose above the threshold of 50 in the first quarter for the first time in 12 months, reaching a three-year high, according to a survey by the Digital Economy Promotion Agency (Depa).

Bangkok Post

At the root of India’s manufacturing challenge

The need for an entire ecosystem, including schooling, training and infrastructure for manufacturing to flourish cannot be achieved merely through legislation

The Hindu

Riding the momentum: On National Statistical Office’s economic data and the economy

Policymakers must ensure that fiscal and monetary measures remain growth supportive in the coming quarters

The Hindu

3 Quality Stocks to Secure This Week

With the uncertain economic environment and the possibility of a recession on the horizon, investing in quality stocks such as ServiceNow (NOW), Nikon Corp. (NINOY), and North American Construction Group (NOA) could help survive a market downturn. Read more….

StockNews.com

Macron struggles to kick France's spending habit

President Emmanuel Macron has loosened labour laws and cut taxes among other reforms to transform the economy, but has not broken France's addiction to spending big to buy social peace.

Reuters

Need Stability? 3 Stocks to Buy

While the economy looks likely to tip into a recession later this year, market volatility is expected to linger. Therefore, it could be wise to buy fundamentally strong stocks, United Microelectronics (UMC), United States Lime & Minerals (USLM), and Utah Medical Products (UTMD), for stability. Keep reading.

StockNews.com

No Power, No Growth: South Africa's daily struggles with power cuts

South Africa's economy is at risk of going off the grid as recurring power cuts wreak havoc on the country's businesses and households. Alongside this energy crisis, the nation's central bank is sounding the alarm over potential threats to financial stability. These concerns stem from capital outflows and the possibility…

France 24

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The Guardian - AU

March of the fire ants could reach Sydney’s outskirts by 2035, costing economy up to $1.2bn a year

Exclusive: Study finds pests could damage crops and households would incur costs for pesticides, veterinary bills and electrical faults

Barchart

Why Unusual Options Volume for U-Haul (UHAL) May Offer a Clue About the Economy

Although U-Haul has been a top performer in the first two years of the pandemic, UHAL stock’s recent underperformance may bode poorly for the economy.

Birmingham Post

West Midlands tourism economy enjoys post-covid boost

Findings from West Midlands Growth Company say spending by visitors to the region in 2022 rose by £4bn

The Conversation

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency -- and be a serious contender against the US dollar

The Chinese economy’s sheer size and rapid growth are impressive.

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The Conversation

Why UK inflation is so high compared to EU and US and what to do about it

Britain has a bigger inflation problem than either the US or the eurozone, according to Bank of England policymaker Catherine Mann.

The New Daily

Tough gig for workers being ‘gamed’ to drive down costs, union boss warns

Sham contracting arrangements have also boomed through the pandemic, aided by the rapid growth in gig and platform work.

TechRadar

Billions of devices will be trading with each other by 2030

Vodafone expects the Economy of Things to explode in popularity by the end of the decade.

Al Jazeera

Despair in Ettadhamen: The harsh reality of Tunisia’s economy

‘This … system, goes back to the beys who needed to keep their courtiers happy to maintain their rule’, analyst says.

The Independent UK

Know any airplane mechanics? A wave of retirements is leaving some US industries desperate to hire

Across the U.S. economy, a number of industries are facing the same formidable challenge: Replenishing a workforce that is being diminished by a surge of retirements that began during the pandemic and has continued since

Kiplinger

Nervous About the Markets and Economy? Consider History

To put things in perspective, focus on what you can control and remember that the ups and downs of the markets and economy can be cyclical.

The Independent UK

Europe sees inflation drop to 6.1%, but real relief for consumers will take months

Europe is getting a break on inflation

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