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The Latest Breaking News from Economy

Argentina's inflation slows to 8-month low in a boost for President Milei

Economic data has shown Argentina’s inflation slowing for the second straight month in May

The Independent UK

Reframing the Congo Through Film: Infrastructure, Narrative Power, and Cultural Production at Scale

Congo has been consistently defined in international discourse through instability and crisis framing, while its cultural and creative economy remains underrepresented and underdeveloped in global media systems.

International Business Times

The high cost of undiagnosed and untreated ADHD: Unequal mental-health access and the care economy

Attention deficit hyperactivity disorder (ADHD) is a common neurodevelopmental disorder that can persist from childhood into older adulthood. It impacts individuals from all ethnic groups and socioeconomic backgrounds.

The Conversation

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Ministry backs down in B1.6bn AI controversy

The Digital Economy and Society (DES) Ministry says it plans to negotiate with the TH-AI Passport project provider to adjust contract details regarding the pay-per-use concept, in an effort to tamp down public criticism and ensure optimal benefits.

Bangkok Post

'Bad to worse': productivity sinks to post-pandemic low

Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.

AAP

India protecting industry from unfair trade practices of certain countries: Piyush Goyal

India is committed to dialogue and cooperation to address global trade challenges. Commerce and Industry Minister Piyush Goyal stated that countries, including India, protect their domestic industries. India is working to safeguard its economy from unfair trade practices. The nation is also focused on promoting innovation and research, with ongoing…

The Economic Times

Why Google is investing millions in electricians, welders and pipefitters in the age of AI

Google is investing $50 million through Google.org to train over 300,000 American workers for skilled trades like electrical work and welding. This initiative aims to address the growing demand for physical infrastructure to support AI and cloud computing, highlighting the critical role of tradespeople in the digital economy.

The Economic Times

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India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World Bank

India will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This moderation is due to higher energy prices and input costs. However, the economy is expected to rebound to 7.2 percent growth in fiscal 2027-28. Domestic demand remains robust, supporting…

The Economic Times

Labor MPs have been handed new talking points – revealing a growing concern about One Nation

Labor and its trade union allies have shifted the focus of their rhetorical attacks, targeting Pauline Hanson as if she is the real opposition leader

The Guardian - AU

World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran war

Global economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices and created uncertainty. Developing nations face a significant slowdown. While the US economy remains resilient, other countries are experiencing harder impacts. Disruptions in energy…

The Economic Times

Citing fallout from Iran war, World Bank cuts forecast for global economic growth

The economic fallout from the Iran war — higher energy prices and increased uncertainty — will drag down global growth this year, the World Bank said Thursday

The Independent UK

ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflation

The European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This move aims to combat accelerating inflation, driven by the Middle East war's energy shock, despite concerns for the struggling eurozone economy. The ECB also lowered its growth…

The Economic Times

UK economy expected to show signs of Iran war impact as fuel prices soar

UK’s economy grew better than expected before the breakout of the Iran war

The Independent UK

While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit and beyond

In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications or imagery.

Fortune

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inkl

BCLC Projects Net Income to Surpass CAD $1.5 Billion by 2029 Amid iGaming Expansion

The Klondike Gold Rush started in 1896 in Canada’s Yukon Territory, drawing in an estimated 100,000 prospectors from all around the world.

Euronews

ECB raises interest rates for the first time in three years as Iran war fuels inflation

The European Central Bank has lifted its deposit facility rate by 0.25% to 2.25%, marking a decisive pivot back to tightening as the Iran war pushes eurozone inflation to its highest level in nearly three years.

Evening Standard

UK economy set to show Iran war impact in April from surging fuel prices

Most economists forecast a 0.1% decline in output month-on-month – a marked reversal after the 0.3% growth seen in March.

The Guardian - UK

Young people in Britain are suffering a joblessness epidemic – and, so far, Labour is just making it worse

Youth unemployment is harming the mental health of a generation. A sluggish economy will only make things harder, says Guardian columnist Larry Elliott

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The Economic Times

Prabhudas Lilladher cuts Nifty target to 26,449, lists 16 high conviction stock picks

Amidst global market turmoil from the Iran-US war and El Nino, Prabhudas Lilladher lowered its Nifty 50 target to 26,449. The brokerage anticipates limited further downside but warns of sharp swings due to prolonged uncertainty. Rising geopolitical risks and import dependence are impacting India's economy, potentially curtailing consumption demand.

MyLifeXP

Uber's Dream AI Job Turned Into a Nightmare

Imagine receiving an offer that promises up to $150 an hour. No advanced degree requirement. A chance to work on some of the world's most powerful artificial intelligence systems. For thousands of tech workers, it sounded like the opportunity of a lifetime. But behind the impressive paycheck, workers claim they…

The Economic Times

Fueling Demand: Inside India’s ethanol mobility revolution in reverse

India is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehicles become common. This strategy aims to reduce oil imports and boost the rural economy. Major automakers are now introducing flex-fuel cars and motorcycles. This rapid development marks a significant shift in…

The Economic Times

Europe is finally, slowly getting its act together

Europe stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global footprint. By strategically pushing for the expansion of major banks, tech giants, and defense sectors, the European Union is determined to avoid the pitfalls of a second-tier economy.

Fortune

The space economy's next frontier is in ground infrastructure, Northwood Space CEO says

At Fortune Brainstorm Tech conference, Bridgit Mendler emphasized how massive leaps in launch capacity and spacecraft manufacturing are supercharging the space economy.

Bangkok Post

Thailand's misleading growth story

Thailand's quarterly GDP growth rate was 1.2% in the third quarter of 2025, rising to 2.5% in the fourth quarter and further to 2.8% in the first quarter of 2026, according to the National Economic and Social Development Council (NESDC).

Bangkok Post

AI push mirrors green transition

The AI race is already generating forces that are transforming the global economy. That makes it surprisingly similar to the green transition, given the potential of both to upend traditional industries, labour markets, and geopolitical balances. Both call for trillions of dollars in upfront investments in exchange for significant benefits…

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