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The Latest Breaking News from Economy

As the global economy transitions to a low-carbon future, green investment in renewable energy and environmentally friendly businesses, including the fast-growing electric vehicle (EV) industry, has become a megatrend that serves to shape markets.

Bangkok Post

A ‘drop the pin’ event in Chinese politics

There could be headwinds as the CPC prepares for its 20th Congress in autumn and tracks the ‘China Dream’

The Hindu

Women in poorest parts of Merseyside die younger than those in Colombia, Latvia and Hungary

It is "a somewhat disappointing showing for the world's fifth largest economy"

Liverpool Echo

From analysis to the latest developments in health,
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Sanctions won't stop Putin — this might

All along, Putin has counted on the fact that Europe needs Russian gas. But that's also his Achilles heel

Salon

Egypt Seeks Increasing Private Sector Participation in Economic Activities

Egypt has a new document for the state ownership policy, a national strategy aimed at maximizing the participation of the private sector in economic activity, announced Finance Minister Mohamed Maait. The Minister indicated that this "reassures" local investors, attracts foreign investments, and enhances the confidence of international institutions. Maait met…

Asharq Al-Awsat

Indo-Bangla connectivity projects to boost Eastern India economy: ex- MEA Secretary

Riva Ganguly Das said that work on international road, rail and waterway connectivity projects is moving at a fast pace

The Hindu

Mann ki Baat | PM Modi urges a ‘Cashless Day Out’ to boost digital economy

In his monthly Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said small online payments are helping build a big digital economy

The Hindu

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Saudi Arabia Expects Stronger Growth in Non-Oil Sector

Saudi Minister of Finance Mohammed al-Jadaan said he is expecting stronger-than-expected growth this year in the non-oil sector underpinned by the structural reforms under Vision 2030. Jadaan asserted that the Kingdom remains committed to prudent policies to maintain monetary and financial stability and preserve a solid fiscal position while accelerating…

Asharq Al-Awsat

China Covid Death Toll Rises

Shanghai reported 39 Covid deaths Sunday, official data showed, its highest daily toll since a weeks-long lockdown started, while China's capital Beijing warned of a "grim" situation with rising infections. The world's second-largest economy has been struggling to stamp out its worst Covid-19 outbreak in two years with a playbook…

Asharq Al-Awsat

China promotes coal in setback for efforts to cut emissions

China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings that Beijing is setting back efforts to cut climate-changing carbon emissions from the biggest global source

The Independent UK

Why is Belarus supporting Russia and how is it involved in Ukraine?

Old school Soviet relic Alexander Lukashenko increasingly dependent on Vladimir Putin’s patronage for survival as grip on power slips and economy teeters on brink of disaster

The Independent UK

Sanctions Hit Russian Economy, Although Putin Says Otherwise

Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West. While Russia can claim some symbolic victories, the full impact of Western sanctions is starting to be felt in very real ways. As the West moved to cut off…

Asharq Al-Awsat

Argentina will not modify $45 billion debt with IMF -finance minister

Argentine economy minister Martin Guzman said late on Friday that a $45 billion debt deal with the International Monetary Fund will not be modified, following a meeting with IMF head Kristalina Georgieva.

Reuters

Shanghai's economy slows as COVID deals blow to industry, retail

The economy of Shanghai, China's most populous city, slowed in the first quarter from the end of 2021, hurt by rare declines in industrial output and retail sales that were hammered by the country's most serious COVID outbreak.

Reuters

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The Hindu

Outline steps to stop price rise, Congress tells government

Opposition demands a white paper on economy as statistics show retail inflation close to 7%

The Independent UK

Sanctions hit Russian economy, although Putin says otherwise

Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West

The Guardian - UK

South Korea split in row over military service for BTS

The K-pop superstars add billions to the economy, so should they be exempt from conscription?

The Guardian - UK

Fast, precise, too tough? Lockdowns risk stalling China’s economy

Strict response to virus buckles supply chains, hits consumers and sends unemployment soaring

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news in one place.

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Bangkok Post

Thailand to 'fully re-open'

The Test & Go travel scheme for foreign arrivals and RT-PCR testing upon arrival will end this month as vaccinated travellers will only need to take self-antigen tests during their stay from May 1 as part of a further easing of entry rules to boost the economy and tourism.

Bangkok Post

Global economy: Back to the Valley of Death

Since the global economic crisis that originated in the United States 14 years ago, the world economy has faced regular bouts of volatility. Massive capital injections helped the US economy recover from the initial shock in 2008, but also pushed other economies with structural problems, including some in Europe, into…

Miami Herald

Ex-Fla. Congressman David Rivera diverted $13 million from Venezuelan deal to convicted drug trafficker, others

MIAMI — As Venezuela’s economy was crashing in 2017, the country’s state-owned oil company hired former U.S. Rep. David Rivera for a costly public relations campaign to improve the tarnished image of the Venezuelan firm in the United States.

The Independent UK

Recession warning as confidence among shoppers falls to lowest since 2008 financial crash

Economy could soon shrink as shoppers slash spending and businesses take a hit

Newsroom.co.nz

New Zealand: meritocracy or mediocracy?

Mike Grimshaw argues our much vaunted ‘egalitarianism’ might actually be more the tall-poppy scything of intelligence and ability.

Manchester Evening News

Burnham: Action is needed now to help night time economy crippled by pandemic and cost of living crisis

Mayor says 'the hangover of the pandemic is going to be with us for a long time'

ABC News

Shanghai promises to improve access to food supplies and trade amid ongoing COVID-19 shutdown

Officials in Shanghai promise to ease anti-virus controls on truck drivers as they try to revive the local economy and improve food supplies while millions of people are still confined to their homes.

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