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The Latest Breaking News from Economics

Sustainable economic growth in South Africa will come from renewables, not coal: what our model shows

Coal fired power stations produce 85% of South Africa’s electricity, making the country the biggest producer of harmful greenhouse-gas emissions in Africa. To move away from coal and meet its commitment to reaching net zero emissions by 2050, South Africa needs to dramatically increase production of renewable energy. New research…

The Conversation

The Guardian view on Trump’s trade betrayal: rhetoric hides trickle-down economics on steroids

Editorial: The US president’s tariffs pose as worker protection, but they’re a smokescreen – his bluster trades US credibility for a $4.6tn tax-cutting giveaway to the rich

The Guardian - UK

Reeves’s Heathrow third runway report was commissioned by London airport

The chancellor is under fire after a study cited as evidence for expanding the terminal to boost the UK’s economic growth was ordered by Heathrow itself

The Guardian - UK

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How economics wrecked the world

Writer Nat Dyer on how David Ricardo's abstract models pushed economics into fantasy — and we all paid the price

Salon

AstraZeneca cancels £450m Liverpool investment, blaming UK government funding cuts – as it happened

Pharmaceutical company says that it will not go ahead with investment at Speke, near Liverpool

The Guardian - UK

European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened

Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies

The Guardian - UK

The Conversation expands its editorial team and boosts non-partisan coverage of public policy

As we gear up for an election year, the editors at The Conversation have been thinking hard about the role of quality journalism in the political process. We want to find better ways to provide readers and voters with the trustworthy information they need to make good decisions, for their…

The Conversation

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Americans Who Moved Abroad Share What Things Are Scams In The US, Here Are The 45 Best Posts

Someone asked “What's the biggest scam in America?” and people shared their thoughts and comparisons. The post Americans Who Moved Abroad Share What Things Are Scams In The US, Here Are The 45 Best Posts first appeared on Bored Panda.

Bored Panda

Liz Truss is long gone from Downing Street – but zombie economics lives on

Labour’s panicked reaction to economic turbulence is to promise ‘ruthless’ cuts. That’s not an intelligent answer, says Guardian columnist Aditya Chakrabortty

The Guardian - UK

‘Economically dynamic India is Manmohan Singh’s legacy’: Financial Times chief economics commentator

British outlet Financial Times’ chief economics commentator Martin Wolf has termed “today’s economically dynamic India” as former prime minister Manmohan Singh’s legacy.

Newslaundry

When Passion Becomes Strategy: The Journey of Aleksei Fedosov from Garage Enthusiast to Architect of Business Models

Sometimes entrepreneurship begins not with a business plan, but with genuine passion. The story of Aleksei Fedosov is an example of how a childhood fascination with technology can evolve into a systematic, calculated, and mature approach to business. At the age of 12, he was disassembling bicycles and scooters, studying…

inkl

Pound falls after weak UK factory data as US dollar rises – as it happened

Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies, and global manufacturing sector struggles

The Guardian - UK

Star Wars can teach us about the economy or as Yoda might say, ‘about economics, it can teach’

Economists may sometimes sound like they are speaking a language out of this world. But perhaps there are lessons about economics from a galaxy far, far away.

The Conversation

2024 restaurant roundup: looking back on the year’s culinary highs

There are deep wells of culinary talent across the UK, ably battling the challenging economics facing the sector

The Guardian - UK

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Barchart

Should You Consider Buying Uber Stock for 2025 After Its Latest Drop?

The pullback in Uber stock may present an attractive entry point for long-term investors. The company has been consistently delivering strong financials, improving unit economics, and expanding globally.

The National (Scotland)

Details revealed for Scotonomics' 2025 Festival of Economics

THE details for Scotland’s leading festival of economics has been announced – including top academics and international policymakers.

The Guardian - UK

Guardian wins features and sports prizes at the British Journalism Awards

The Guardian won two awards for its features and sports journalism at the 2024 British Journalism Awards, including a highly commended mention in the business, finance and economics category.

The Conversation

The Coalition reveals the cost of its nuclear power plan – but the devil is in the missing detail

The Coalition has released long-awaited detail on its nuclear energy policy, claiming its plan to build seven nuclear power stations would be A$263 billion cheaper than Labor’s renewables-only approach.

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The Guardian - AU

Peter Dutton says nuclear ‘will make electricity cheaper’ but critics say Coalition costings a ‘fantasy’

Opposition leader spruiks Frontier Economics modelling but Labor insists ‘it won’t pass the pub test’

InsideEVs

Why We Got Our Tesla Cybertruck Testers From Turo, Not Tesla

There's a weird relationship at the heart of car reviews. Dealers largely won't let us drive cars for more than an hour, and that's not enough for a review. We'd love to buy every car we drive, but anyone suggesting that's possible doesn't really understand the economics of the modern…

The National (Scotland)

We have to change our economy if we want to avoid environmental collapse

2024 has been another year when mainstream economics detached itself from the climate reality ...

The Guardian - AU

CSIRO refutes Coalition case nuclear is cheaper than renewable energy due to operating life

National science agency dismisses argument nuclear’s economics have not been adequately considered in new draft report

The Guardian - UK

Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November

Benzinga

TD Bank Group Sees Global Economy Slows In 2024; TD Economics Predicts Gradual Interest Rate Cuts Amid Cooling Inflation, Geopolitical Risks Persist. U.S. Experiences Soft Landing With 4.1% Unemployment And Fed Rate Cut To 3.25-3.50% By End Of 2025. Canada Sees Growth Boost From Population Gains, BoC Cuts Rates To 2.25-2.50% In 2025. Canadian Dollar Expected To Trade At $0.71-$0.73 U.S. Cents.

ECONOMIC SUMMARY AND OUTLOOKThe global economy remains on track for a modest slowdown in calendar 2024, as high interest rates continue to weigh on growth. Alongside slower growth, inflation across the G-7 has cooled,

AAP

Levy on foreign students could help migration woes

Increasing international student fees with a levy could be a better way to decrease migration numbers than a cap on enrolments, a top economics professor says.

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