The Latest Breaking News from Economic Growth

Asian stocks follow Wall St lower as rate hike worries grow

Asian stocks have followed Wall Street lower as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth

The Independent UK · May 6, 2022

Xi Jinping moves to silence Covid Zero critics in sign of brewing tumult

BEIJING: China's top leaders warned against questioning Xi Jinping's Covid Zero strategy, striking a more defensive tone as pressure builds to relax virus curbs and protect the economic growth that has long been a source of Communist Party strength.

The Times of India · May 6, 2022

China’s top leaders reiterate support for COVID Zero strategy

China’s top leaders warned against questioning Xi Jinping’s COVID Zero strategy, as pressure builds to relax virus curbs and protect the economic growth that has long been a source of Communist Party strength.

Tribune News Service · May 5, 2022

French economy flatlines, growth falls to zero in first quarter

French economic growth fell to zero in the first quarter of the year as households reduced their consumption due to rising inflation and the war in Ukraine, data showed on Friday.

Radio France Internationale · Apr 29, 2022

Yes, US economy may be slowing, but don't forget it's coming off the hottest year since 1984 – here's who benefited in 4 charts

The U.S. economy unexpectedly shrank in the first quarter, according to gross domestic product data released on April 28, 2022. While the reasons were technical and weren’t seen as signs of weakness, they add to worries that the U.S. might be headed for another recession as the Federal Reserve seeks…

The Conversation · Apr 28, 2022

Are freebies affecting the economic growth of India? | The Hindu Parley podcast

The Centre has often given out freebies not just to the poor but also to corporations

The Hindu · Apr 28, 2022

Are freebies affecting the economic growth of India?

There are subsidies that are productive and then there are those that are wasteful

The Hindu · Apr 28, 2022

Stories about economic degrowth help fight climate change — and yield a host of other benefits

There is something unprecedented and important in the recent Sixth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC): degrowth. Two of the IPCC’s working groups — those focused on climate change impacts and on mitigation — use the economic term to discuss policies that are key to reducing…

The Conversation · Apr 28, 2022

European Regulators Expect Risk Over Non-Payment Of Leveraged Loans: WSJ

Europe’s banking regulator fears that highly indebted borrowers could start struggling to pay off their debt as the economy slow down, higher costs, and interest rates increase.  Leveraged financing has skyrocketed in Europe and elsewhere over the past years as central banks unleashed cheap money to propel economic growth. 

Benzinga · Apr 28, 2022

FPO slashes growth on energy outlook

The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja.

Bangkok Post · Apr 27, 2022