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The Latest Breaking News from Economy

Díaz-Canel Promises Market-Oriented Reforms. What Would They Actually Mean for Cuba?

Cuban President Miguel Díaz-Canel has announced what state media describes as a broad package of economic reforms with a more liberalizing and decentralizing character, arguing that "these are times when change is necessary."

Latin Times

US consumer sentiment improves in June due to easing gas prices

Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows

The Guardian - US

Iranians endure war fatigue and soaring prices as conflict deepens domestic woes

Iranians are living between confusion and exhaustion as the country and its economy are squeezed between war and multiplying crises at home

The Independent UK

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Brexit: 10 years of regret?

On June 23, 2016 the United Kingdom voted to leave the European Union with 52 percent of "Leave" votes against 48 percent for "Remain". It was a political storm few had predicted. Ten years on, our Revisited show explores the social and political impact of the decision. How did Brexit…

France 24

The Rise of Regulated Online Gambling: Policy, Revenue and the Global Casino Expansion

In October 2021, the Netherlands completed its transition to a licensed online gambling market, becoming the latest major European economy to formally regulate an industry that had operated in a legal grey zone for years. Dozens of international operators applied for Dutch licences; a handful were approved. Tax revenues flowed…

inkl

World's first gig economy treaty adopted at the United Nation's ILO

A historic international agreement has been adopted at the UN's International Labour Organization. This landmark convention aims to extend labour protections to hundreds of millions of gig economy workers, working in areas like food delivery and car services etc., globally. The convention applies to all platform workers, regardless of their…

The Economic Times

Global space leaders to gather in Delhi next week for India Space Congress

New Delhi will host the India Space Congress 2026 from June 15 to June 17. Policymakers, diplomats, and industry leaders from over 25 countries will attend. The event will focus on India's ambition to build a USD 44 billion space economy by 2033. Discussions will cover technology, policy, and investment.

The Economic Times

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Why a bleak poll on Russia’s economy spells bad news for Putin as war in Ukraine bites

As EU sanctions and Ukrainian attacks on Russia’s energy infrastructure take their toll, Russian citizens are increasingly feeling the squeeze

The Independent UK

I drove the Toyota Camry and Hyundai Sonata for a week — here’s mid-size sedan that’s worth buying

I tested the 2026 Toyota Camry Nightshade and 2026 Hyundai Sonata Limited Hybrid to see which mid-size sedan offers the better value.

Tom’s Guide

What if Trump actually seized Kharg Island?

Kharg Island is a small coral outcrop off the coast of Iran that handles around 90% of the country's crude oil exports, making it key to Tehran's economy.

Euronews

Trump support among Independents collapses in second term, new poll shows

This shift has effectively eliminated the education gap that previously existed among independents, who now largely share negative views of Trump regardless of their academic background

The Independent UK

British economy shrinks as Iran war dampens growth

The UK economy contracted in April for the first time in eight months amid signs that the Iran war is beginning to take its toll on some sectors.

AAP

Not prepared for cloud outages? You should be

Our global economy is deeply dependent on the cloud, but vastly underprepared for when major outages happen. Businesses need to start thinking about reducing these risks.

TechRadar

UK economy shrinks in April as the Iran war energy shock takes a toll

Britain's economy contracted by 0.1% in April, the first monthly fall since August 2025, as the conflict in the Middle East pushed up energy costs and prompted households to rein in their spending.

Euronews

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The Economic Times

UK economy shrinks in April as Middle East war hits

Britain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister Keir Starmer as he grapples with a political crisis. "We expect the economy to continue to fade as the year goes on, and particularly for as long as…

AAP

Dragonpass APAC Loyalty Index: 53% of High-Income Consumers Say Bank Rewards No Longer Match Their Lifestyle Needs

SINGAPORE, June 12, 2026 /PRNewswire/ -- For years, loyalty programmes across banking, credit card, and financial institutions have been built around a familiar formula: collect points, unlock perks, repeat. But across Asia-Pacific, consumers are beginning to expect something different.According to the APAC Loyalty Index released by Dragonpass, the region's loyalty…

The Economic Times

Is India's economic growth real? Raghuram Rajan says something is off

Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap…

Evening Standard

The UK economy contracted by 0.1% in April

In the three months to April, GDP grew by 0.7 per cent, according to the Office for National Statistics

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The Independent UK

UK economy shrinks for first time in eight months – here’s why

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The Independent UK

UK economy shrank by 0.1% in April following impact of Iran war

Rachel Reeves acknowledged that the war in the Middle East was hitting the economy

Evening Standard

UK economy contracts for first time since last August

The ONS said gross domestic product declined by 0.1% in April in a sharp pull back from growth of 0.3% in March and 0.4% in February.

The Guardian - UK

UK economy shrank by 0.1% in April as Iran war held back growth

GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March

The Economic Times

Four Indians feature in Forbes’ top 50 most successful immigrants in America

Four Indian-born business leaders, including Vinod Khosla and Naval Ravikant, have been recognized in Forbes' "America's Most Successful Immigrants" list. These entrepreneurs and investors have significantly contributed to the US technology and business sectors, with Khosla ranking highest at No. 14. Their inclusion highlights the vital role of Indian talent…

The Economic Times

India must expand international trade ties to reach $30 trillion economy vision by 2047: Piyush Goyal

Union Minister Piyush Goyal stated that India must expand international engagement to achieve its USD 30 trillion economy goal by 2047. He highlighted that developed nations' demographic challenges present opportunities for India's skilled workforce and that strategic partnerships will complement, not compete with, Indian industry.

Bangkok Post

Chaichanok to face grilling

The opposition will join the House legal affairs committee next week to summon Digital Economy and Society Minister Chaichanok Chidchob to explain the controversial 1.6-billion-baht TH-AI Passport project, warning that it will seek an anti-graft investigation if the scheme proceeds.

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