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The Latest Breaking News from Economy

Thailand's race to achieve net-zero greenhouse gas emissions by 2050 will depend not only on investment in clean technologies, but also on whether it can quickly build a workforce with the skills to support the green transition.

Bangkok Post

The U.K. is getting a new prime minister, but bond investors are really in charge and 'hyper-reactive,' Wall Street veteran says

"But investors know it’s the bond market that will call the shots in the $4.2 trillion economy no matter who sits in the prime minister’s office."

Fortune

Canberra's night-time economy is defying the national decline

Report finds ACT has developed 'robust seven-day character' of night trading.

The Canberra Times

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US Debt Surpasses 100% of GDP, AI's Impact on Wealth Inequality and More: This Week in Economy

As the week wraps up, let’s take a look at the top stories that made headlines. From the U.S. debt surpassing 100% of GDP to the warning issued by a top European venture capitalist, here’s a quick round-up of the week’s key events.

Benzinga

Deloitte projects 6.5-6.8% GDP expansion in FY27, growth to strengthen in second half

Deloitte India on Sunday projected India's economy to grow between 6.5% and 6.8% in the current financial year, with momentum expected to pick up in the second half of FY27. The firm said growth would be supported by stronger festive demand, monetary easing and a gradual stabilisation in global economic…

The Economic Times

‘Good growth in every postcode’: Burnham’s economic to-do list in seven charts

From industrial strategy and defence to housing and living costs, we lay out the challenges facing the new PM

The Guardian - UK

Charting the Global Economy: US CPI cools, China growth slows

US inflation data eased in June, prompting investors to lower interest rate hike bets. China's economy slowed more than anticipated, increasing pressure for government spending while UK consumer-facing services grew in May, driven by retail sales and recreation sectors.

The Economic Times

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Jobs data tops economic agenda as Iran war re-escalates

Resilient jobs data is a bright spot for Australia's economy but the longer the Middle East conflict drags on, the worse the prospect for growth and inflation.

AAP

US military launches new airstrikes to 'punish' Iran for deaths of US troops

New US airstrikes targeted Iran after a drone attack killed American service members in Jordan. These strikes aimed to degrade Iran's ability to control oil tanker traffic. Iran's supreme leader warned of unforgettable lessons if attacks continue. The conflict has focused on control of the Strait of Hormuz. Global economy…

The Economic Times

Trump's Harmful and Unjust New Restrictions on Foreign Students

They are likely to damage the US economy and deny many people valuable educational opportunities for no good reason.

Reason

AI job threats stoke concern as True Believers gather

As artificial intelligence begins to reshape the economy, unions are sharpening their policy demands in the lead-up to Labor's national conference.

AAP

Digital platform bill 'ready' for review

The Ministry of Digital Economy and Society (DES) is pushing ahead with the government's digital platform economy bill, which aims to regulate digital service providers, strengthen consumer protection and promote fair competition in online markets.

Bangkok Post

The Blue Ridge Mountain mine powering the world’s digital economy

One of the most abundant minerals in the Earth’s crust, quartz is essential for manufacturing core components of smartphones and computers. Most of the world’s supply comes from a single mining district in the Appalachian Mountains of the southeast United States, which has become an unlikely linchpin of the global…

Radio France Internationale

Why the AI Chip Boom Just Forced South Korea to Raise Interest Rates

Bank of Korea hikes interest rates to 2.75% as massive AI semiconductor exports push inflation past 3%. See how the move will impact mortgage rates.

International Business Times

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We Got This Covered

Man goes to garage for $50 oil change for Hyundai sedan, ends up leaving with a $375 bill: ‘assume everyone who drives in here has no common sense”

Not in this economy.

Kiplinger

United Is Selling an Empty Middle Seat. Is It Worth the Upgrade?

United is introducing an Economy Plus option with a permanently blocked middle seat. Here's how it works and what travelers should know.

The Guardian - US

Trump has normalized crypto. Is it the path to the next financial collapse?

Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economy

The Times of India

Boom at the front, bust at home: Russia’s war economy is holding but its people are cracking

By 2024, Russia appeared to have defied expectations. Despite unprecedented Western sanctions, the economy grew by 4.9%, unemployment fell to record lows, and factories linked to the defence sector ran around the clock. President Vladimir Putin pointed to these figures as proof that Russia had adapted to wartime conditions.

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Radio France Internationale

Syria taken off US terror blacklist after 47 years, paving way for investment

Syria is no longer designated a state sponsor of terrorism by the United States – a move that opens the door to American investment in the country, whose economy has been decimated by decades of conflict.

The Economic Times

Pakistan's current account slips into $139m deficit in FY26

Pakistan registered a current account deficit of USD 139 million in the last fiscal year. This marked a reversal from the previous year's surplus of USD 1.838 billion. Exports saw minimal growth while imports remained high, creating a significant trade deficit. Remittances played a crucial role in supporting the economy…

The Economic Times

The New Oil? Why the world is chasing copper

Copper has emerged as a strategic commodity powering the global shift towards clean energy, electric vehicles and digital infrastructure. With demand rising faster than supply due to electrification and constrained mining output, the metal is increasingly viewed as a critical resource for the global economy's long-term transition.

The Economic Times

Customer attention crisis: Why businesses must shift from volume to value in messaging

Customer attention has become scarce, forcing businesses to prioritize message value over volume. Verified and consent-based communication now offers a significant competitive advantage for companies. Businesses must also leverage AI to identify the right moment and channel for each customer. Ultimately, making every message count is crucial for success in…

The Economic Times

The economic goal that never came: World Cup falls short of boosting Mexico

The recent World Cup brought excitement but did not significantly boost Mexico's economy. Weak investment and trade agreement uncertainty continue to weigh on economic growth. Official tourism targets for the tournament were not met by the country. Some host cities experienced uneven economic benefits from the event. Trade certainty under…

The Independent UK

America’s MAGA turnoff: Majority of Americans say they are less likely to vote for candidate pushing Trump agenda

Only 40 percent of Americans approve of Trump’s performance as president, according to CNBC

Barchart

Dollar Little Changed as Crude Prices Soar and T-note Yields Fall

The dollar index (DXY00 ) finished little changed on Friday. The dollar found some support from Friday’s +4% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a supportive factor for the dollar. Also, Friday’s stock selloff boosted liquidity...

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