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The Latest Breaking News from Economy

The stern warnings issued by China ahead of Taiwanese President Tsai Ing-wen's tour of the US and Central America have highlighted the threat that intensifying Chinese pressure poses to the island's security and stability. But the warnings also underscored the degree to which the US efforts to "on-shore" semiconductor manufacturing…

Bangkok Post

Sadiq Khan urged to boost ‘life-changing’ adult education opportunities

The London Assembly’s economy committee warned that adult education was “not reaching the number of Londoners that it could do”

Evening Standard

The U.S. economy is facing a $18 billion monthly 'student loan cliff'

When student loan payments resume, cash-strapped households will pull back on consumer spending.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Labour MSP calls GERS critics 'sad little men in their bedrooms'

A SCOTTISH Labour MSP called critics of a controversial set of financial figures about the country’s economy “sad little men in their…

The National (Scotland)

Are we in a recession right now? This is what it is and how to prepare

Many experts think the U.S. economy is heading toward a recession—here is what that means and how to prepare.

Fortune

UK will sign deal paying in to EU budget within 15 years, says Ryanair boss

Michael O’Leary says Brexit is ‘unbelievably messy’ and a ‘net negative’ on the British economy

The Guardian - UK

Uneasy marijuana industry seeks broader trade amid vast glut

Legal marijuana growers along the West Coast are struggling with oversupply, low prices and limited outlets for selling their product

The Independent UK

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150th Open Gives £300m+ Boost To Scottish Economy

The historic Major at St Andrews attracted a record attendance to help give a significant boost to the Scottish economy

Golf Monthly

Australia has had some biocontrols go awry, but plenty others were successful

When biocontrol is done well, it's the most powerful tool we have to control pests. Here are a few times that biocontrol has helped Australia's economy and environment.

ABC News

Stock market today: Asian trading mixed ahead of earnings

Asian shares are trading mixed as investors take a wait-and-see attitude stance of earnings reports and possible moves by central banks

The Independent UK

Government ‘squeamishness’ over tackling obesity ‘will lead to higher taxes’

The Institute for Government said rising UK obesity rates are harming people’s health, burdening the NHS and seriously damaging the economy.

The Independent UK

Get ready for the Luxon Hustle

National previews a hard sell approach worldwide to moving New Zealand products if it wins in October.

Newsroom.co.nz

Unusual Options Volume for Six Flags (SIX) Presents an Enticing But Risky Trade

Although some of the fundamentals align bullishly for Six Flags Entertainment, SIX stock also faces pressures related to the consumer economy.

Barchart

Markets Today: Stock Index Futures Climb as China’s Economy Strengthens

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.49% at a 2-month high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.79% at a 2-week high. U.S. stock index futures this morning are moderately higher on improved global economic prospects after today’s news that...

Barchart

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Birmingham Post

Why reducing health inequalities is key to unlocking the UK’s economic growth potential

Professor Maggie O'Carroll says getting people back into work will boost the UK economy

Asharq Al-Awsat

Lebanon's Parliament Votes to Postpone Municipal Elections

Lebanon’s parliament on Tuesday postponed municipal elections for up to a year for a second time amid concerns the government would not be able to secure the needed funding in time for the polling. The delay comes as Lebanon’s economy and infrastructure continue to crumble, with legislators in the deeply…

Insider UK

Kate Forbes lays out plan for ‘wellbeing economy’

The former finance minister has co-authored a paper alongside fellow SNP ministers and the Common Weal think tank

Kiplinger

Three Reasons Inflation May Be With Us Longer Than We Think

Shifts in the labor market, the transition to renewable energy and changes in China present long-term challenges for the U.S.

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Reuters

UN predicts Afghan economy would contract if aid drops 30%

Afghanistan's economy will contract, inflation will rise and liquidity will fall if there is a 30% drop in international aid as feared, according to an analysis by the United Nations' development agency released on Tuesday.

France 24

‘Recovering from Covid’: Chinese economy grows 4.5% in first quarter of 2023

China's economy grew faster than expected in the beginning of the year at 4.5 percent, on the back of strong export and infrastructure investment figures. GDP is bouncing back after the country put an end to its so-called "Zero-Covid" policy and as the government has pledged to do more to…

Evening Standard

Easyjet flying high as Brits bag summer holidays

EASYJET offered hope for the beleaguered airline trade and for the wider consumer economy today when it said summer bookings are soaring even as ticket prices rise.

The Guardian - UK

Sickness drags down UK economy as job vacancies go unfilled

Rishi Sunak wants growth, but ONS figures show rising levels of inactivity because of ill-health

Asharq Al-Awsat

Fitch Upgrades Saudi Banks’ Rating

US credit rating agency Fitch has upgraded eight Saudi banks’ long-term issuer default ratings to “A-” from “BBB+,” with a stable outlook, according to a press statement. In this regard, experts told Asharq Al-Awsat that the current account surplus of the Saudi economy over the last period, which exceeded $1…

The Guardian - UK

FTSE 100 racks up eighth day of gains despite rising insolvencies and unemployment – as it happened

More firms are at risk of tipping from ‘danger’ to ‘distress’, experts warn, as businesses are hit by soaring costs and weak economy

Fortune

China's 19.6% youth unemployment rate may pose 'a threat to social stability'

High youth joblessness defies an otherwise improving economy that grew 4.5% last quarter.

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