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The Latest Breaking News from Economy

Virtual digital assets, India’s stand and the way ahead

As far as regulating virtual digital assets is concerned, a progressive regulatory framework will instil the animal spirit in India’s innovation economy

The Hindu

Explainer-Biden 2024: His record so far on the economy, immigration, civil rights

Incumbent President Joe Biden entered the 2024 election race on Tuesday with something he didn't have two-and-a-half years ago: a record in the White House.

Reuters

The Bank of England is wrong again: workers aren’t to blame for inflation

Why should we ‘accept we’re worse off’, when corporate greed and global shortages are really to blame, asks James Meadway of the Progressive Economy Forum

The Guardian - UK

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3 Undervalued Stocks to Add to Your Portfolio Today

Amid concerns of the economy heading into a recession, one could capitalize on stocks currently trading at a discount to its peers. Therefore, it could be wise to buy fundamentally strong undervalued stocks Mondi plc (MONDY), Nu Skin Enterprises (NUS), and Garrett Motion (GTX). Keep reading.

StockNews.com

Sudan's conflict has its roots in three decades of elites fighting over oil and energy

Sudan stands on the brink of yet another civil war sparked by the deadly confrontation between the Sudan Armed Forces of General Abdelfatah El-Burhan and the Rapid Support Forces of Mohamed Hamdan Dagalo (“Hemedti”).

The Conversation

German government doubles 2023 growth forecast to 0.4%

The German government has doubled its growth forecast this year for the Europe’s largest economy after the country made it through the winter without major energy problems

The Independent UK

Workers should be on the Reserve Bank of Australia’s board

These representatives bring expert knowledge of how the real economy works and labour market operations. Workers must have a say.

The New Daily

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'I refused to let the passenger in front of me recline their seat - my legs are too long'

A plane passenger took to Reddit to relay an argument he had with a fellow air customer in economy who tried to recline her seat, only for his limbs to get in the way

Daily Mirror

Scotland’s GDP remains below pre-pandemic levels

Economy grew by 0.2% in the final quarter of last year, but remains 0.4% below the same period in 2019

Insider UK

Number of working days lost to sickness rockets to record high as NHS backlogs hit economy

The number of days lost to sickness last year rocketed to 185.6 million

Evening Standard

Stock market today: Asian stocks dip on economy worries

Asian shares are trading mostly lower as worries about the health of global economies grew after a tumble on Wall Street, despite some better-than-expected earnings reports

The Independent UK

Yes, Joe Biden is old and has low approval ratings, but this is why he's still confident of re-election

America’s first octogenarian president has finally announced he is going to seek more time in office amid lacklustre public enthusiasm.

The Conversation

Coles' Uber Eats deal brings the gig economy inside the traditional workplace

This month Coles announced a major new partnership with Uber Eats that will further expand the supermarket giant’s links with the gig economy. Under the arrangement, Uber Eats drivers will not only complete home delivery for the supermarket, drivers will also pick and pack orders from supermarket shelves.

The Conversation

The Museum of Amazonian Science offers global hope and sustainability

An environmentalist’s ambitious project includes the Museum of Amazonian Science in Brazil and fulfils his vision of powering up the local bioeconomy and saving humanity

Wallpaper

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Bangkok Post

PPRP adds EEC adviser to economic team

The Palang Pracharath Party (PPRP) has named Kanit Sangsubhan, a former special adviser of the Eastern Economic Corridor Office, as a member of its economic team to help boost the economy in the southern border provinces.

Bangkok Post

T3's major retail ambition

T3 Technology, a Bangkok-based technology solutions firm, aims to make a deep impact in the retail market in what it calls "household intelligentisation" to achieve an ambitious goal to be the first smart brand in Thailand within three years.

The Independent UK

As Biden, McCarthy butt heads on debt, what are differences?

There are stark differences in how President Joe Biden and House Speaker Kevin McCarthy want to shore up the government’s finances

ABC News

Quarterly inflation is expected to ease, but the Reserve Bank may still lift interest rates

Even if inflation eases, a leading economist and strategist believes today's consumer price index figures will give the Reserve Bank of Australia reason to resume its rate-hiking cycle at its next meeting.

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Ballotpedia

Biden issues executive order on environmental justice

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

The Conversation

Global economic uncertainty means oil prices -- and your fuel bill -- will continue to surprise this year

Oil prices have confounded expectations in the first quarter of 2023. Brent – a major global benchmark – hit a low of US$72 (£58) a barrel on March 17, while the world’s other main benchmark, WTI, dropped to less than US$66 a barrel. This is a far cry from the…

The Independent UK

E2E 100 partner Experian’s Ashley Somerville on empowering communities and creating future opportunities

The company’s VP Technology Transformation UK&I explores how technology can support the vulnerable and help rebuild our economy in the wake of difficult recent years

Capital & Main

‘We Can’t Be Living in an Economy of 40 Million People This Close to the Edge.’

Lake Mead, a key water source for California and six other states, is close to drying up. Water policy expert Felicia Marcus says dramatic action is needed on conservation, recycling and efficiency.

France 24

Looking back at 20 years of Recep Tayyip Erdogan in power

After two decades in power as prime minister and as president, Recep Tayyip Erdogan is hoping to win a final mandate in the 2023 presidential election next month. But amid mounting anger over his handling of the economy in recent years, the seasoned Turkish politician could be in for a…

The Independent UK

US consumer confidence falls for 3rd time in 4 months

Consumer confidence dipped again in April as anxiety over a slowing economy and possible recession weighed on American households

Daily Mirror

Bid to let asylum seekers work six months after they arrive in Britain

Refugees could help tackle labour shortages and begin contributing to the economy sooner if they were allowed to get jobs while their applications are being considered, campaigners argue

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