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The Latest Breaking News from Economy

OECD downgrades forecasts for UK growth as Trump tariffs hit world economy

Global growth is expected to fall below 3% for the first time since the pandemic

Evening Standard

Australia must ease zoning to fix housing crisis: OECD

Australia's economic growth forecast for 2025 has been downgraded by the OECD, as Donald Trump's tariffs set back the outlook for the global economy.

AAP

UK will slump to 1% growth next year as Trump tariffs bite, says OECD

US, Mexico and Canada economies likely to be worst affected by ongoing tariff battles, says forecast

The Guardian - UK

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read the most diverse news in one place.

RBA ready to use rapid-fire rate cuts if Trump policies rattle Australia’s economy, minutes reveal

Reserve Bank vetoed a 50 basis point cut in cash rate last month, but is willing to take such action if global economy demands it

The Guardian - AU

What are Canada’s governing Liberals going to do about AI?

Fresh off his election victory, Prime Minister Mark Carney has been focused on standing up to Donald Trump’s claims on Canada as the 51st state and American tariffs. But while that political drama unfolds, one topic that seems to have quietly slipped under the radar is the rise of artificial…

The Conversation

RBA hints at more interest rate cuts if tariffs worsen

Uncertainty in global markets from Donald Trump's tariffs could lead to the Reserve Bank being more aggressive with interest rate cuts.

AAP

Syrian stock exchange reopens after a 6-month hiatus as part of U.S.-led push for a new free market economy

Stock trading resumed in Damascus after a six-month pause that began in December.

Fortune

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Belfast tech company invests £1.8m in cybersecurity solution for factory floors

Economy minister Caoimhe Archibald attended the announcement by ANGOKA.

Evening Standard

Damascus stock exchange reopens after 6-month closure

Trading has resumed on the Damascus Securities Exchange after a six-month closure, as Syria’s new leaders attempt to shore up the country’s battered economy and begin rebuilding after nearly 14 years of civil war

The Independent UK

America's Tourism Crisis: Global Travellers Shun US Over Political Chaos

Global travellers are shunning the US, spooked by political turmoil and tariffs, costing the economy billions. Can America win them back?

International Business Times UK

Natural disasters cost Australia’s economy $2.2bn in first half of 2025, new Treasury analysis shows

Wild weather, including Cyclone Alfred and floods in NSW and Queensland, significantly slowed retail trade and household spending

The Guardian - AU

No one more to blame for cost of living crisis than Nigel Farage, says Stephen Flynn

STEPHEN Flynn has claimed that no one has contributed more to the cost of living crisis than Reform UK leader and “Brexit’s biggest champion”…

The National (Scotland)

Airbnb scams: new book explores thriving criminal activity on big tech platforms

Big tech sharing economy platforms like Airbnb and Uber are marketed as trustworthy, but a new book by a South African media scholar argues that they are highly vulnerable to scammers who spread delusive speech (a form of disinformation, designed to deceive by criminal intent).

The Conversation

How Bahrain uses its small size—and being Saudi Arabia’s neighbor—to its advantage

"Bahrain is the testing ground for countries in the region," said Noor Al Khulaif, minister of sustainable development.

Fortune

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The Guardian - US

Want to see where Trump’s tariffs are leading US business? Look at Georgia

The political swing state has a $900bn economy, with hospitality, industrial manufacturing – and movies

Latin Times

International Students Contributed Record-Breaking $44 Billion To U.S. Economy During Past Academic Year: Report

During the 2023-2024 school year, a record-breaking 1.1 million international students contributed $44 billion to U.S. economy. The Trump recent administration's policies could have devastating effects.

Newslaundry

TV Newsance 301: The 4th largest economy, Bharat, wins yet again!

This week, Abhinandan Sekhri, standing in for host Manisha Pande, looks at the tough questions asked by our mainstream media. Republic TV did ask tough questions this week. Not of leaders like Brij Bhushan Sharan Singh who was acquitted in a POCSO case, but of an irrelevant actor like Dino…

Al Jazeera

Trump says US will raise steel tariffs to 50 percent at Pennsylvania rally

In his campaign-style speech, Trump also hailed a ‘blockbuster agreement’ between Japan’s Nippon Steel and US Steel.

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news in one place.

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International Business Times

Canada Growth Up But Trump Tariffs Starting To Hurt

Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade war launched by US President Donald Trump began to take hold.

The Independent UK

Revealed: The best and worst US airlines for carry-on baggage allowance

We analyzed the often convoluted baggage rules and fees for the nine biggest American carriers and discovered that some are definitely more generous than others when it comes to leeway with luggage

Newslaundry

Inside India’s shadow wealth: Just 3 lakh crorepatis in a nation of 1.4 billion

India’s wealthy elite love their cash – not just for convenience, but for what it hides. Despite a surge in digital payments, stacks of unaccounted currency still fuel real estate deals and many economic activities in the informal part of the economy, leading to tax dodging and funding of election…

The National (Scotland)

Labour's migration crackdown will shrink UK economy, expert analysis says

LABOUR’S crackdown on migration will shrink the UK economy, making tax rises and spending cuts more likely, expert analysis has found ...

Everybody Loves Your Money

These 8 Cities Offer Safety, Affordability—and Zero Nightlife

Looking for a place to live that’s calm, safe, and easy on the wallet—but where the streets go quiet after dark? While many cities pride themselves on their booming nightlife scenes and endless social energy, not everyone is looking for that kind of vibe. Some prefer the low hum of…

The Guardian - UK

Over a barrel: lack of sugar throws Cuba’s rum industry into crisis

This year’s tiny harvest casts doubt on the spirit’s recent resurgence, once a bright spot in the island’s economy

Barchart

S&P Futures Tick Lower on Renewed Tariff Concerns, U.S. PCE Inflation Data in Focus

June S&P 500 E-Mini futures (ESM25) are trending down -0.17% this morning as investors grappled with fresh uncertainty surrounding U.S. President Donald Trump’s tariff policies and looked ahead to the release of the Federal Reserve’s first-line inflation gauge.

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