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The Latest Breaking News from Economy

This age of inflation

How RBI postponed the necessary course-correction

The Hindu

Azets reveals 'ambitious' growth plans among UK SMEs despite drop in optimism around the economy

It found that 51% of all small to medium sized enterprises (SMEs) across the UK and Nordics are optimistic about the economic outlook

Insider UK

Shanghai promises to improve food supplies, trade

Officials in Shanghai have promised to ease anti-virus controls on truck drivers that are hampering food supplies and trade as they try to keep the local economy functioning while millions of people are still confined to their homes

The Independent UK

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

IMF warns Russia-Ukraine war will have ‘severe economic consequences’ for Europe – as it happened

IMF slashes growth forecasts for Europe, as pound falls 1.1% to 18-month low after sharp retail sales decline and April PMIs point to much weaker speed of recovery across UK economy

The Guardian - UK

China’s GDP, dubious COVID statistics and East Timor’s election

We gather the numbers from the week’s biggest economic and business news stories so you can impress your friends.

Al Jazeera

UK consumer confidence even lower than in 2008 financial crisis

Slowdown in retail sector feared as public gripped by pessimism about the economy as well as personal finances

The Guardian - UK

Arkhom says focus is fiscal discipline

The government is focusing on maintaining financial and fiscal discipline after undertaking massive borrowing, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

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Data sheds light on Thai Pavilion's triumph

The Digital Economy and Society (DES) Ministry hailed the Thailand Pavilion at Dubai's World Expo as a success because it attracted more than 2.35 million visitors, which accounted for 9.8% of the fair's total visitor numbers, beating its original target of 7%.

Bangkok Post

Ousted Pakistani PM Khan demands fresh elections

Pakistan's ousted prime minister, Imran Khan, on Thursday demanded fresh elections amid political turmoil after a new government took over and warned it faces an enormous challenge to revive a battered economy.

Reuters

5 Large-Cap Growth Stocks to Sell Now

Concerns over high inflation, supply chain disruptions, and rising COVID-19 cases are expected to keep the stock market volatile for an extended period. While the increased focus on domestic production should help the economy recover, the rate is expected to decelerate. Therefore, large-cap growth stocks Snowflake (SNOW), PayPal (PYPL), DoorDash…

StockNews.com

This is India’s moment of reckoning

The country can be the fulcrum of the new global order, as a peaceful democracy with economic prosperity

The Hindu

Vote Compass data shows climate change, cost of living and the economy are the big election issues, but voters still split along party lines

Climate change, cost of living and the economy are the most important issues to Australians this election, but there's a large split along voting lines, according to Vote Compass.

ABC News

Global energy crisis, Russia invasion eclipse Biden climate goals

As a candidate, Joe Biden made climate change a pillar of his campaign for the White House, promising to decarbonize the U.S. economy, end drilling on public lands, and lead the world in a historic shift away from fossil fuels.

Reuters

‘Economic blockade’: Syrian city punished for anti-govt protests

Druze-majority Sweida has stayed relatively neutral in Syria’s war, but recent protests have led to punishments.

Al Jazeera

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news in one place.

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Asharq Al-Awsat

Saudi GDP Expected to Grow to $895 Bln in 2025

A Saudi economic indicator announced on Wednesday its estimates that the Kingdom's GDP will reach SAR 3 trillion ($895 billion) in 2025, emphasizing the balanced growth of the national economy during the last period. The index, run by the Research and Information Center at the Chamber of Commerce and Industry…

Wales Online

Why one of Wales' leading tech firms needs to come out of Chinese ownership

The UK Government needs to use legislation to intervene on the acquisition of Newport Wafer Fab by Nexperia

Bangkok Post

Xi defends China’s Covid response amid mounting economic woes

President Xi Jinping defended China’s lockdown-dependent approach to fighting the pandemic, even as he sought to reassure the world that the country was still committed to opening its economy.

Financial Times

‘Worst crisis since the second world war’: Germany prepares for a Russian gas embargo

Industry and economists say a ban would be catastrophic for the country’s economy, but many companies expect it to happen anyway

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news in one place.

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Birmingham Post

List of 35 new train stations and wish list schemes leading the UK railway upgrade

Here is a rundown on the latest rail station developments currently underway with details of schemes that local leaders say will transform the economy if they get built.

WEKU

COVID-19 took a toll on the arts. A new report has details on the impact

USAFacts

Government spending increased $2 trillion in 2020, but GDP fell by nearly a trillion

How did GDP fall despite a historic increase in government spending due to the 2020 stimulus? Part of it has to do with the highest saving rate since 1945.

Kiplinger

10 Things You Should Know About Bonds

Bonds can be more complex than stocks, but it's not hard to become a knowledgeable fixed-income investor.

USAFacts

What is gross domestic product, or GDP?

GDP is an overall measure of economic activity. How is it calculated and used?

Newslaundry

Teaser: Rajeev Gowda on India’s economy and how to put the Congress back on the political map

Rajeev Gowda is a Rajya Sabha MP, national spokesperson of the Congress party, and a former professor at the Indian Institute of Management, Bengaluru. In a conversation with Meghnad S, Gowda talks about the major factors dampening India’s economy.

Newslaundry

Want to increase GDP? Buy more Roasted Mashed Aubergine Masala

Last week, the Government released figures of Gross Domestic Product (GDP) growth and it led to a lot of general furor about the state of our economy. While economists, politicians and commentators like to go bananas over this one term, it is quite difficult for a mango person to understand…

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People

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Chaiwut Thanakamanusorn

Nuttapon Nimmanphatcharin

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Andrea Carson

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Office for National Statistics

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