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The Latest Breaking News from Economic Growth

Data | The contours of India’s ‘formal jobs’ crisis

The Indian government has been using the Employees Provident Fund (EPF) scheme’s data as a measure of payroll employment and formal job creation since 2017. The monthly data released from this initiative has generally shown an increase in the number of contributors, which is portrayed as evidence of employment creation…

The Hindu

Energy bosses at No 10 summit warn investor confidence is waning

Chiefs say UK’s troubled economy and political uncertainty is dampening enthusiasm for clean energy rollout

The Guardian - UK

Degrowth: slowing down rich economies to deal with climate change is a flawed idea

The notion of “degrowth” is gaining traction among some politicians in Europe. It was given a platform recently at the European Parliament’s “Beyond Growth” conference.

The Conversation

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Eurozone returns to economic growth as inflation falls

GDP also rises in 20-member bloc but German growth remains flat and Italy shrinks

The Guardian - UK

Air France-KLM reports bumper profits as French economic growth rises

Air France-KLM has announced it has doubled its year-on-year net profit in the second quarter of 2023 to €604 million, benefiting from high demand in air travel despite rising inflation which has increased costs.

Radio France Internationale

Weekly Must-Read: China Vows to Create a ‘Bigger, Better, and Stronger’ Private Sector

Measures aim to create a more level playing field for private businesses and entrepreneurs amid sluggish economic growth

Caixin Global

IMF global economic outlook sees slight growth, but inflation still a drag

The International Monetary Fund is projecting that global economic growth will see a slight improvement compared to its previous projections but cautions that many challenges still cloud the horizon

The Independent UK

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Jim Cramer Sees Positive Signs In Commodity Prices And China’s Economic Growth

Commodity prices rebound with 75% positive monthly returns, while China's downshifted growth may ease global inflation.

Zenger

Kenya's logging ban has been lifted – it's a political decision and a likely setback for conservation

Kenyan president William Ruto has lifted a six-year ban on logging, despite public objections. Ruto said it would create jobs and boost economic growth. Lisa E. Fuchs has studied the Mau Forest Complex, one of Kenya’s most important – and most threatened – forests. She unpacks the implications of this…

The Conversation

What Is Stagflation and How Can Investors Prepare?

Stagflation occurs when economic growth slows and the unemployment rate spikes and can create a challenging environment for investors.

Kiplinger

Outlook for economic activity slightly more upbeat

Australia's economic growth is still tracking towards lower-than-usual performance despite future-looking indicators showing a glimmer of improvement.

AAP

Editorial: Was it ‘Bidenomics’ that brought down inflation?

In a major economic policy speech in the lobby of Chicago’s old main post office in June, President Joe Biden enthusiastically branded his economic growth strategy as “Bidenomics,” a term that was basically created by The Wall Street Journal and the Financial Times but, like “Obamacare,” has been embraced by…

Chicago Tribune

Jeremy Siegel says we are in a 'Goldilocks economy' and the Fed doesn't need to raise interest rates anymore

“It’s a Goldilocks economy—strong economic growth and falling inflation,” the veteran market watcher told CNBC Friday.

Fortune

The main points from new paper on driving Scotland's economic growth

A NEW paper commissioned by Ian Blackford has seen experts lay out key areas for Scotland to focus on in delivering economic growth.

The National (Scotland)

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The National (Scotland)

Paper reveals 'sheer scale of opportunity' for indy Scotland's economic growth

A FRESH paper mapping out how improved green economic growth can be achieved in an “underperforming” Scotland has been launched.

The National (Scotland)

Ian Blackford: This paper shows how we build a confident independent Scotland

IAN Blackford has insisted a fresh paper on how sustainable economic growth can be achieved across Scotland’s world-class sectors will allow the…

The Hindu

Twenty-five helipads operational in Arunachal Pradesh: CM Pema Khandu

“The Arunachal Pradesh government is making investments to create a robust air- and road network that will help improve connectivity and promote economic growth,” Chief Minister Pema Khandu has said.

Fortune

As the West battles inflation, for China ‘the risk is persistent deflation.’ Here’s why it could be a disaster for the world’s second largest economy

EY’s chief economist, Gregory Daco, tells Fortune to look at Japan: Elevated debt and a deflationary environment is “the worst of both worlds.”

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Birmingham Post

Economic growth sustained as inflationary pressures recede further - report

Latest PMI report from NatWest and signals growth for the fifth month in a row

The Hindu

Explained | The promise and challenges of a carbon circular economy

The circular economy’s promise is to lower our dependence on natural resources without compromising on economic growth. The question is whether such an economy can be created for carbon specifically, and the challenges therein. A climate scientist explains.

The Independent UK

Welsh economy data ‘isn’t pretty reading’, Conservative ex-Wales secretary warns

Stephen Crabb urged the Westminster Government to do more to boost economic growth in Wales.

France 24

OPEC meeting kicks off with benchmark oil prices under pressure

In spite of an agreement struck in April to cut production of crude by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, oil prices still haven't seen a boost. In this edition, we see that concerns over global economic growth are outweighing the production cuts. Also, European…

Birmingham Post

Cardiff and Swansea lag behind in attracting overseas investment

A new economic study ranks UK cities on their ability to attract foreign direct investment

Bangkok Post

Stocks to rebound on government optimism - analysts

Thailand’s stocks may rebound in the fourth quarter as the appointment of a new government will likely bolster optimism about the prospects of fiscal stimulus spurring sluggish economic growth, according to a survey of analysts.

The Conversation

Two more RBA rate hikes, tumbling inflation, and a high chance of recession: how our forecasting panel sees 2023-24

Of the 27 leading economists assembled by The Conversation to forecast the financial year that’s just begun, every one expects inflation to continue to fall.

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