The Latest Breaking News from Economic Growth

Truss and Kwarteng put on display of unity after U-turn over top rate of tax

The Prime Minister and Chancellor toured a construction site in Birmingham in an attempt to illustrate their joint commitment to economic growth.

The Independent UK · Oct 4, 2022

A basic income grant for South Africa: more money in poor people's pockets, but at a heavy cost

Analyses of the implications of extending income support measures in South Africa, including a basic income grant, have focused on one of three things: how much it will cost, calculations about how much revenue would need to be raised (but without assessing the ripple effects), and how it might affect…

The Conversation · Oct 4, 2022

Economic recovery likely intact: Bank of Thailand

Thailand's economic recovery is likely intact and inflation should ease next year, the central bank chief said on Tuesday. Bank of Thailand (BoT) Governor Sethaput Suthiwartnarueput was speaking to a business seminar. The BoT has forecast economic growth of 3.3% for this year and 3.8% next year.

Bangkok Post · Oct 4, 2022

Tory childcare plans branded 'simply laughable' as Liz Truss eyes reforms

Liz Truss is eyeing an overhaul of the childcare system to get more parents back to work as part of her plans to kickstart economic growth

Daily Mirror · Oct 2, 2022

Three reasons a weak pound is bad news for the environment

The day before new UK chancellor Kwasi Kwarteng’s mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has since rallied thanks to major intervention from the Bank of England, the currency remains…

The Conversation · Sep 30, 2022

New data helps solves U.S. economic growth puzzle

By one metric, economic growth was weaker than previously thought.

Axios · Sep 29, 2022

Want To Beat Stagflation? Invest Like It's the 1970s

If you're looking to beat sticky inflation and slowing growth in your portfolio, consider using the past as a guide for navigating today's mixed-up economy.

Kiplinger · Sep 28, 2022

World Bank Cuts 2022 East Asia Growth Outlook

Economic growth in East Asia and the Pacific will weaken sharply in 2022 due to China's slowdown, but the pace of expansion will pick up next year, the World Bank said on Tuesday. The Washington-based lender said in a report it expected 2022 growth in the East Asia and Pacific…

Asharq Al-Awsat · Sep 28, 2022

Nature is not an impediment to UK economic growth: it’s vital to it

Our economic system depends on the natural world. Growth that results in the destruction of nature will, in the end, cease, says environmentalist Tony Juniper

The Guardian - UK · Sep 28, 2022

World Bank report upgrades Thai growth for 2022 to 3.1%

The World Bank has increased its forecast for Thai economic growth this year to 3.1% from 2.9%, according to its "East Asia and Pacific October 2022 Economic Update" released on Monday.

Bangkok Post · Sep 27, 2022