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The Latest Breaking News from Economy

Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself

The Guardian - US

United Airlines becomes latest carrier to offer ‘lie flat’ beds in economy class

Air New Zealand’s ‘Skycouch’ concept has been taken up by several other airlines

The Independent UK

$730 Billion Earned Abroad Why Indians Outside India Matter More Than Ever

For the longest time, we’ve looked at Indians living abroad in a very simple way. They go out, build a life, and send money back home. That was the story we grew up hearing. But today, that story feels incomplete. Because the scale has changed. The impact has changed. And…

Times Life

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Texas will require proof of legal immigration status to get professional licenses

Officials approved the change after hearing from speakers who argued it would hamper the state’s economy and push immigrants to work without licenses in the black market.

The Texas Tribune

Cuba Considers Paying Americans for Nationalized Property to Ease U.S. Sanctions

Based on U.S. government data and industry estimates collected by Bloomberg, nearly 6,000 American individuals and businesses have filed claims for nationalized property, which studies estimate is worth $9 billion.

Latin Times

Trump sees approval tumble with men – a key voting bloc that put him back in the White House

Multiple polls show men giving Trump poor marks on the economy and cost of living

The Independent UK

Morning Mail: fears for economy amid fuel crisis, Israel sets sights on Lebanon, Mafs star Mel Schilling dies

Treasurer says end of Middle East war ‘can’t come soon enough’ as economy faces series of shocks

The Guardian - AU

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Queensland government scraps emissions target for Brisbane Olympics – as it happened

This blog is now closed

The Guardian - AU

Soaring fertilizer prices could pressure a U.S. agricultural industry that supports 50 million jobs and over $10 trillion in output

The war in Iran’s ripple effects could run deep through America’s agriculture economy.

Fortune

Northern Ireland first in UK to offer paid miscarriage leave to parents

Northern Ireland will offer pay to parents affected by miscarriage from next month

The Independent UK

NI to become first part of UK or Ireland to offer paid leave after miscarriage

Stormont Economy Minister Caoimhe Archibald said the new miscarriage leave and pay entitlements would come into effect from April 6.

Evening Standard

South Africa needs R250 billion just to meet basic climate adaptation needs over the next decade

South Africa needs investments worth R250 billion (US$15.64 billion) over the next 10 years to adapt to climate change. This amount would get the country to just a minimal level of adaptation. A team of researchers from the African Climate and Development Initiative and the Energy Systems Research Group at…

The Conversation

This low-cost airline is adding more legroom to its aircraft – but you’ll have to wait until 2028

EasyJet’s new Kestrel economy seats are ‘pre-reclined’, meaning you get extra knee and shin clearance without having to change the seat pitch.

Euronews

US bans foreign-made internet routers over security concerns

Government agencies say consumer routers pose risk to ‘US economy, critical infrastructure, and national defence’

The Independent UK

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The Guardian - UK

UK manufacturers hit by sharpest rise in cost inflation since Black Wednesday in 1992

PMI figure reveals impact on economy of rise in oil prices driven by Iran war

The Guardian - UK

Energy price shock and interest rate rises could cause ‘pronounced’ UK recession, economist warns – as it happened

Morgan Stanley warns that UK could fall into a recession at the turn of the year, if energy prices remain high and Bank of England hikes interest rates

International Business Times UK

Leonid Radvinsky, Owner of OnlyFans, Dies at 43 — Net Worth, Family and Life Before Billionaire Rise

The life and legacy of Leonid Radvinsky, founder of OnlyFans, died at 43. His impact on the creator industry, his net worth and his private life

The Conversation

Australia has plenty of diesel for now. But running out could upend our economy

It’s been hard to ignore growing fears of a looming fuel shortage in Australia. Conflict in the Middle East has led to what the International Energy Agency has called the “largest supply disruption in the history of the global oil market”.

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news in one place.

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Evening Standard

Northern Ireland Executive will continue to push for energy supports – minister

Stormont Economy Minister Caoimhe Archibald said the £17 million in supports for Northern Ireland was ‘clearly inadequate’.

The Conversation

Alcoholic capitalism: How rum fuelled Canada’s early economy

With health-conscious young people drinking less than ever before, it’s interesting to look back to an earlier century when Canadians consumed more liquor — a lot more, in fact.

inkl

The Surprising Industries Driving Growth in the Digital Economy

Digital technology shapes economic activity in almost every sector. Analysts often focus on software development, e-commerce, or financial technology when they discuss online growth. Yet several less obvious industries now generate strong momentum inside the digital economy. These sectors do not always receive the same attention as major technology firms,…

International Business Times UK

Kevin O'Leary Predicts the Strait of Hormuz Crisis Will be Resolved in The Next 30 Days

Kevin O'Leary discusses the potential resolution for the Strait of Hormuz blockade and its impact on global oil prices and the US economy.

International Business Times

US-Iran War Costs Soar Past $25 Billion for America as Global Economy Reels from Oil Shock

The ongoing U.S.-led military campaign against Iran, now in its fourth week, has already cost American taxpayers an estimated $25 billion to $30 billion in direct military expenditures, with broader global economic damage mounting from disrupted energy supplies, surging oil prices and market volatility.

International Business Times UK

Trump Presidency in Peril as Inflation Forecast Shows Prices Surging Past 5%—Fuel Costs and Iran War Backlash Mount

Economic forecasts warn of US inflation surpassing 5% due to rising fuel costs linked to the Iran conflict, posing challenges for Trump's administration.

Euronews

IEA: Global economy faces ‘major, major threat’ because of Iran war

War in the Middle East has 'severely' damaged more than 40 energy assets across nine countries, said the head of the International Energy Agency, as he warned of deepening risks to the global economy.

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