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The Latest Breaking News from Economics

Trump’s obsession with trade deficits has no basis in economics. And it’s a bad reason for tariffs

Those of us who study trade and investment for a living are, I suspect, becoming exasperated with both the White House stance on tariffs and the way that this is reported in much of the media. US president Donald Trump believes that if a country has a trade surplus with…

The Conversation

Perfect brownies baked at high altitude are possible thanks to Colorado’s home economics pioneer Inga Allison

Many bakers working at high altitudes have carefully followed a standard recipe only to reach into the oven to find a sunken cake, flat cookies or dry muffins.

The Conversation

Companies are making a costly $100 million mistake

FIS and Oxford Economics quantify the impact of disruptions and inefficiencies across the money lifecycle.

Fortune

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The U.S. trade deficit: It’s time to dump do-it-yourself economics and go back to basics

The Trump admin and critics alike seem unaware of a key mechanism that governs the magnitude of a trade balance.

Fortune

Global economic growth will slow amid Trump tariffs, IMF warns – as it happened

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a year

The Guardian - UK

Peter Dutton’s nuclear power plan could lead to major electricity shortages, analysis says

Coalition’s proposal overestimates the reliability of Australia’s ageing coal generators, Institute for Energy Economics and Financial Analysis says

The Guardian - AU

Trump’s tariff policy is like Debashish Mohanty’s swing – unpredictable and accidental

Any minute now I'm expecting all hell to break loosePeople are crazy and times are strangeI'm locked in tight, I'm out of rangeI used to care, but things have changed.– Bob Dylan, Things Have Changed, Wonder BoysMaine revolver pehli baar uthaya hai…lekin itna jaanta hoon ki trigger dabane se goli…

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Trump advisors argue steep tariffs on countries like Vietnam and Cambodia are needed to erase trade deficits and rework supply chains. The economics say that’s going to be a long shot

Despite promises made by Southeast Asia governments, consumers in the region may not be able to afford American-made products.

Fortune

Donald Trump’s ‘Liberation Day’ will live in infamy

THE INDEPENDENT VIEW: Editorial: The president of the United States has dismantled the world trade system, pushed the global economy towards another slump and turned economics on its head. He must end this madness

The Independent UK

‘In economic terms, Trump’s tariffs make no sense at all’

President’s move has no historic parallels, but the deep uncertainty for the global economy may prove as destructive as the tariffs

The Guardian - UK

Danielle Smith’s subservient Florida trip flouts the Team Canada approach to fighting Trump

Alberta Premier Danielle Smith is facing fierce criticism for using taxpayer money to meet American far-right pundit Ben Shapiro in Florida as part of a recent fundraiser for conservative think tank PragerU.

The Conversation

A golden example of trickle-down economics

Brief letters: Welsh mining | Bridget Christie | Ancient Greek | Nuuk ambitions | April fool

The Guardian - UK

Europe imports more Russian gas, aiding wartime economy, report finds

Europe increased its imports of Russian gas last year, says Ember, putting billions into Putin’s Ukraine war chest.

Al Jazeera

Following Assassin's Creed Shadows controversy, Baldur's Gate 3 publishing director says "every big AAA game could be better," but players shouldn't be mad "just because some dude told you to"

"Be your own dude!"

GamesRadar

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International Business Times

'Antipathy' To US: Tourists Turning Away From Trump's America

In just a few weeks, the US tourism outlook has clouded as a result of some of President Donald Trump's policy decisions, which have angered some foreign visitors and prompted fear of a surge in prices and a stronger dollar.

Euronews

Lengthy trade wars could cut global investment by one-tenth, warn economists

Uncertainty around trade will have a major impact on global growth, reducing business investment in the EU and the UK by 2% this year, Oxford Economics finds.

Fortune

Foreign tourism into the U.S. is suddenly reversing and is now expected to drop, due in part to 'polarizing Trump administration policies and rhetoric'

Tourism Economics President Adam Sacks said in the two weeks since the report came out, the situation has deteriorated further.

The Guardian - UK

Economists urge Rachel Reeves to bend fiscal rules instead of cutting welfare

Calls for chancellor to exclude defence from rules or raise taxes in response to spending pressure at spring statement

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Evening Standard

Israeli ambassador attacks London School of Economics over Hamas ‘propaganda’ book launch

Tzipi Hotovely claims students could be influenced by author’s whitewashing of Hamas’s October 7 attacks

Reason

The American Right Is Abandoning Mises

The Austrian economist's principled thought once served as a check on the intellectual right.

International Business Times

Abortion Access Under Threat In Milei's Argentina

Four years after Argentina became the first big Latin American country to legalize abortion, women are finding it hard to access terminations due to President Javier Milei's "chainsaw" economics and anti-feminist diatribes, critics say.

The Guardian - UK

Britain is now following a developing country economic model – and we know where that leads

Selling off assets to foreign owners, deregulating markets, and liberalising financial services only leads to inequality and instability, says Dhananjayan Sriskandarajah, chief executive of the New Economics Foundation

Radio France Internationale

Europe's defence vulnerabilities exposed as US shifts on Ukraine

With war at Europe's doorstep and US support uncertain, the continent must focus on military readiness and strategic autonomy. RFI's David Coffey speaks with Serge Stroobants of the Institute for Economics and Peace on whether Europe can defend itself and at what cost.

The Guardian - UK

Ahmed Rajab obituary

Other lives: Broadcaster and journalist with a broad knowledge of African politics and economics

The Independent UK

Ferris Bueller scene goes viral as Trump tariffs take effect: ‘Did it work? Anyone?’

Ben Stein plays an economics teacher explaining how tariffs exacerbated the Great Depression

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