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The Latest Breaking News from Economic Growth

Should Russia pay reparations for the Ukraine war?

The case is morally compelling – but it might leave Ukraine less able to sustain stable economic growth

The Guardian - UK · Jun 13, 2022

Britain is already in the grip of a deep malaise – what happens when zero growth bites?

Economic growth is expected to sputter to a halt: welcome to a new era of breakdown that will affect us all, says Guardian columnist John Harris

The Guardian - UK · Jun 12, 2022

Fears of rate hikes continue to pressure equities

Recap: World stocks fell on Friday as news of imminent rate hikes from the European Central Bank and concerns over upcoming US inflation data spurred fears over global economic growth.

Bangkok Post · Jun 10, 2022

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Coming decade appears promising for sustained economic growth: Niti Aayog Vice-Chairman

"The coming decade appears promising for sustained economic growth for India," said NITI Aayog said in a tweet quoting the Vice Chairman

The Hindu · Jun 10, 2022

Danske cuts Northern Ireland growth outlook on persistent inflationary cloud

The bank expects economic growth in 2023 of just 1%, down from 1.7% previously

Birmingham Post · Jun 10, 2022

A Decade Into Legal Cannabis, Americans See Legalization As A Net Positive For Economy And Society

A decade after Colorado and Washington became the first states to legalize cannabis for adult-use in the US, following the passage of Amendment 64 and Initiative 502, respectively, the majority of Americans believe cannabis has an overall positive impact on the creation of high-quality jobs – at both the local…

Benzinga · Jun 9, 2022

Russia is only country set for worse economic growth than UK

Inflation in UK is also set to hit 10 per cent according to several reports

Bristol Post · Jun 9, 2022

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GCC Bank Profits Surge to $11 Billion

The first quarter of 2022 proved to be the best quarters for banks in the Gulf Cooperation Council as they raked in $10.9 billion in aggregate profits, a Kamco Invest report showed. This is one of the highest quarterly levels on record. Five out of six Gulf countries saw their…

Asharq Al-Awsat · Jun 9, 2022

Cost of filling petrol car hits £100 in ‘truly dark day’ for drivers; ECB plans July rate rise – as it happened

UK fuel prices keep climbing and European Central Bank signals end of ultra-loose monetary policy

The Guardian - UK · Jun 9, 2022

OECD slashes global economic outlook on Russia-Ukraine war

The Organization for Economic Cooperation and Development says Russia’s war in Ukraine and the energy and food crises it worsened will severely drag down global economic growth and push up inflation this year

The Independent UK · Jun 8, 2022

Morning Digest | Al-Qaeda in Indian subcontinent threatens to attack India after Prophet controversy; World Bank cuts India’s economic growth forecast to 7.5% for FY23, and more

A select list of stories to read before you start your day

The Hindu · Jun 8, 2022

Why Stagflation Could Polarize Gold And Silver

As the Federal Reserve maintains a dovish tone, bond yields have risen and the dollar remains strong. As a result, while forecasts on gold have lowered, the risk that central banks may have overdone it could send its value soaring —especially if inflation remains elevated while economic growth continues to…

Benzinga · Jun 7, 2022

World Bank slashes India's FY23 GDP forecast to 7.5%

NEW DELHI: The World Bank revised India's economic growth forecast for financial year 2022-23 to 7.5 per cent on Tuesday.

The Times of India · Jun 7, 2022

India's economic growth to be supported by fiscal spending: Finance minister

NEW DELHI: Finance minister Nirmala Sitharaman on Monday said that the country's growth will be driven by fiscal spending.

The Times of India · Jun 6, 2022

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Bangkok Post · Jun 2, 2022

Fuel consumption set to rise by 9.2%

Thai energy consumption is expected to rise by 9.2% this year, based on an economic growth estimate of 2.5-3.5%, driven by an uptick in economic activities as pandemic restrictions ease, says the Energy Policy and Planning Office (Eppo).

The Conversation · Jun 2, 2022

South Africa's economy has taken some heavy body blows: can it recover?

Economists are growing increasingly concerned about South Africa’s economy. This is because the country’s three major macroeconomic problems – lacklustre economic growth, growing inflation and very high unemployment – have been exacerbated by a series of major disruptions.

Insider UK · Jun 2, 2022

Scottish GDP rises by 1% during first quarter

Economic growth driven by increased outputs in the construction and services sectors

The Conversation · Jun 1, 2022

National income is climbing, but the share going to wages is shrinking: 6 graphs that explain the economy

Australia’s economy edged closer back towards normal in the three months to March, growing by 0.8% in the quarter (which is towards the upper end of economic growth before COVID hit in early 2020) and 3.3% over the year to the March (which is somewhat higher than before the pandemic).

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The Guardian - AU · Jun 1, 2022

Australia’s economic growth slows in March quarter despite rise in household spending

GDP figures show annual rate of growth in the Australian economy declined from 4.2% in December quarter to 3.3% in first three months of 2022

ABC News · May 31, 2022

GDP measures economic growth and recessions but what if we're counting the wrong things?

GDP figures tell us the value of most things produced in Australia in a three-month period. But what if we’re counting the wrong things?

Birmingham Post · May 31, 2022

Have you got what it takes to chair the Leicester and Leicestershire Enterprise Partnership?

The LLEP needs a strategic thinker with energy and experience to drive strong economic growth

Caixin Global · May 30, 2022

Editorial: Gaining the Upper Hand in a Changing Global Economy

Whether it’s about stabilizing macroeconomic fundamentals or dealing with future global competition, China should stick to ‘doing its own thing well’

Asharq Al-Awsat · May 30, 2022

UAE, Egypt, Jordan Sign Industrial Partnership in 5 Sectors for Sustainable Economic Growth

The United Arab Emirates, Egypt and Jordan announced on Sunday an integrated Industrial Partnership for Sustainable Economic Growth in Abu Dhabi. The partnership agreement aims to unlock new industrial opportunities and enhance sustainable economic growth in the three countries, across five promising industrial sectors, namely food and agriculture, fertilizers, pharmaceuticals,…

The Independent UK · May 27, 2022

Ex-Malaysia PM: US-led trade group intended to isolate China

Former Malaysian Prime Minister Mahathir Mohamad has criticized a new U.S.-led economic grouping, saying it is intended to isolate China and won't benefit regional economic growth without Beijing

France 24 · May 27, 2022

War in Ukraine risks triggering global recession, World Bank warns

Skyrocketing energy and food prices driven by Russia's invasion of Ukraine risk sending the global economy into a recession, according to the president of the World Bank. We take a look at how economic growth has already slowed in Germany. Also, stock markets try to break out of bear market…

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