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The Latest Breaking News from Economy

Indian economy seen losing speed as rising rates hurt demand

NEW DELHI: India’s economic expansion likely slowed in the October-December period, as rising borrowing costs crimp consumption that’s a key growth driver.

The Times of India

People Over Robots

The global economy needs immigration before automation.

Foreign Affairs

Megaprojects, tourism to propel growth, Arkhom says

A slew of billion-dollar infrastructure projects and an upswing in tourism will fuel Thailand’s expansion this year, shielding the economy from weaker exports and any possible delay in the budget approval due to elections, according to Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

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read the most diverse news in one place.

AI will replace simple, repetitive jobs, but those involving complexity, creativity and interpersonal skills will continue to thrive and remain the domain of humans

Caixin Global

Seven money changes which will hit your pocket in March, from Spring Budget to the final £67 energy payment

There are plenty of announcements in March which could have wide-ranging repercussions on household budgets

Chronicle Live

More to fixing UK economy than just Brexit, Keir Starmer tells business chiefs

The Labour leader made a speech setting out his 'mission' to give Britain the fastest, sustained growth in the G7 group of industrialised nations

Daily Mirror

OPINION - Signs of green shoots for our economy? Sadly, I don’t think they exist

For those of a certain maturity, the Nineties offered mixed messages. The overthrow of Margaret Thatcher, the ERM debacle and the humiliation by elements in his own party of John Major were all associated with enduring economic misery. The arrival in 1997 of Tony Blair and Gordon Brown, the independence…

Evening Standard

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If UK wages are going down, why aren’t rent, food and energy prices coming down too?

Many British companies make their profits outside the UK or provide services so essential they know the government will step in to cover consumer bills, says economic geography professor Brett Christophers

The Guardian - UK

Editorial: How to Be Problem-Oriented in Institutional Reform

Reforms of governmental institutions should take into account of current economic challenges, such as shrinking demand, supply shocks and weakening expectations, and be driven by efficiency concerns and common values, including peace, development, equity, justice, democracy and freedom

Caixin Global

Watch as Keir Starmer reveals plan to grow Britain’s economy ahead of Sunak’s Brexit talks

Watch as Keir Starmer delivers a speech in London on the UK's economic growth.

The Independent UK

'I can dream it, but I can't afford it': The stark reality of life in Iran right now

It's been more than five months since the death of 22-year-old Mahsa Amini in police custody, which sparked mass protests in Iran. But part of what fueled them was a sense of economic desperation.

WEKU

Seven companies chosen for latest CivTech accelerator

Tech solutions created for vulnerable people facing energy crisis, rural economy systems and protection of Scotland’s wildlife

Insider UK

'Turn the country around': Nigerians hope for change after elections

After Saturday's election, in which fears of widespread violence failed to materialise, many Nigerians are hoping that whoever is declared the winner will help solve some of the long-running and deep-seated problems facing the country, including corruption, insecurity and a faltering economy.

France 24

Ukraine's economy stabilizes after shock of war

When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains - domestic and overseas - collapsed. Fresh produce became scarce and panic buying spread.

Reuters

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The Independent UK

Survey: Business economists push back US recession forecasts

A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a surprisingly resilient economy despite steadily higher interest rates

Reuters

North Korea's Kim convenes meeting to improve economy amid fears of food shortages

North Korean leader Kim Jong Un kicked off a meeting of ruling party officials to discuss improving the country's economy and agricultural sector, state media reported on Monday, as fears of food shortages and a humanitarian crisis grow.

The Guardian - UK

Big Buddha and funeral home rights: how China is tackling its massive debt burden

Zero-Covid spending and lower taxes has led to £4.2tn in local government debt, posing a ‘big headache’ for the economy

The Guardian - UK

UK government is hiding £28bn of ‘stealth cuts’ to public services, says report

Thinktank warns austerity drive at next month’s budget will further damage economy

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news in one place.

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ABC News

ASX falls as mining stocks slump; Downer, InvoCare hit on earnings — as it happened

The ASX finished more than a per cent lower after the mining sector was crunched on weaker commodity prices. Here's how the trading day unfolded.

The Guardian - UK

Record number of Britons head to Greece as nation enjoys tourism boom

UK nationals outnumber Germans for first time, as post-pandemic rebound helps Greek economy to grow by 5.6% in 2022

Fortune

Stock-market believers say ‘stage still set’ for U.S. economy to accelerate in second half of year

The stock market slump may be discouraging, but it shouldn’t be a shock based on historical patterns.

The Independent UK

Fleeing Nicaraguans a boon to economy back home

Remittances to Nicaraguans sent home last year surged 50%, a massive jump that analysts say is directly related to the thousands of Nicaraguans who emigrated to the U.S. in the past two years

Al Jazeera

Nigeria election count under way amid some extended polling

Late starts by election officials and technical issues with voter ID technology created delays in some polling centres.

Asharq Al-Awsat

Iranian Parliament Discusses a Record Drop in Local Currency

The Iranian parliament held a closed session on the record decline of the Iranian riyal against foreign currencies as the dollar continues its record-breaking high. The parliament held an extraordinary session with Vice President Mohammad Mokhber, Economy Minister Ehsan Khandouzi, and Central Bank Governor Mohammadreza Farzin. A spokesman for the…

Bangkok Post

Economy to grow 3.8% this year, inflation to ebb: Arkhom

Thailand's economy is expected to grow 3.8% this year, helped by a rebound in the vital tourism sector, while inflation should cool to its target range, the finance minister said on Saturday.

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Arkhom Termpittayapaisith

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