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The Latest Breaking News from Economy

Biden was a remarkably consequential one-term president

His greatest successes came in domestic policy. Inheriting a post-pandemic economy, Biden orchestrated the best recovery in the industrial world

The Guardian - US

Voices: Reeves is wrecking UK growth by alienating wealthy entrepreneurs who bring investment and jobs

COMMENT: Reeves and her boss Keir Starmer do not appear to understand the competition to attract the international rich – and the benefits they bring

The Independent UK

If Rachel Reeves wants growth, improved community cohesion could be essential

A new paper has found that social capital ‘is the cake, not the icing’ of a strong, well functioning economy

The Guardian - UK

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Market turmoil has calmed but Rachel Reeves faces more challenges ahead

Chancellor survives chaos in markets but faces more questions on growth, cuts, public sector pay and fraud

The Guardian - UK

Keir Starmer will have to stick by Rachel Reeves – they’re lashed to the same mast

When you’re presiding over a flatlining economy, every error is magnified and there is little credit for the things you’re doing right

The Guardian - UK

From GDP to trade, how well equipped is China’s economy for Trump 2.0?

Beijing has prepared for increased tariffs but its actions will not be enough to offset falling demand from the US

The Guardian - UK

UK residents are much poorer than those in Europe. Is independence the answer?

PEOPLE living in the UK are 39 worse off than those in neighbouring countries, a think tank found this week – and campaigners argue independence…

The National (Scotland)

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World economy holds breath on eve of Trump inauguration

Australian home building data will be scrutinised for signs of progress on housing supply as economists await Donald Trump's first policies as US president.

AAP

Cutting Off Trade Will Make the U.S. Poorer and China More Totalitarian

Politicians in both parties see the People's Republic as an economic and military threat. But the real threat is an isolated China.

Reason

Labour is right to forge more trade links with China – not doing so would be folly

From a ‘golden era’ to post-pandemic mistrust, the UK has had a turbulent relationship with the world’s second-largest economy, says Lau China Institute director Kerry Brown

The Guardian - UK

Hafta 520: Rupee vs dollar, India’s economy woes, Delhi polls, media’s lack of accountability

This week on Hafta, Newslaundry’s Abhinandan Sekhri, Jayashree Arunachalam and Shardool Katyayan are joined by journalist Nidhi Razdan and economist and writer Vivek Kaul.

Newslaundry

Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled

War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political crisis will make things worse.

Fortune

Someone Just Paid Crazy Money for This Objectively Awful Car

Behold the Chevrolet Chevette. This isn't just any Chevette, either. It's a 1987 model, the last year for what is arguably one of the worst economy cars ever built. It gets better, because this one only has 47 miles on the odometer. Documentation in the car shows it had a…

Motor1

Experts weigh impact of Trump on Australian economy

A weaker China translates to a weaker Australia, one expert says, while another says Trump's pro-growth policies could help Australian businesses.

AAP

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The Independent UK

The chancellor must ignore the blips and get on with long-term growth

THE INDEPENDENT VIEW: Editorial: Much like the UK economy itself, the embattled chancellor ends the week in a much stronger position than when it started. Mini meltdowns in the markets are no way to assess her performance in the post – but she can no longer afford to be so…

International Business Times

At VW Home Base, Germany's Scholz Vows To Revive Economy

Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto titan Volkswagen.

Evening Standard

Fact check: Russian casualties, economic growth and potholes pledge

Round-up of fact checks from the last week compiled by Full Fact.

The Independent UK

Will Europe’s fastest growth rate be enough to fix Britain’s finances?

Rachel Reeves has her work cut out as the UK continues to suffer from a long period of low growth, writes Howard Mustoe

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The Conversation

The Trump revolution: where it came from and where it’s going

As Donald Trump prepares for his inauguration, the world is preparing for the beginning of the second Trump Revolution. Trump’s second term will be very different from his first, when his powers were more limited and restrained. In 2016 he did not win a majority of the popular vote.

AAP

Australia warned to get productive or be left behind

Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.

Top News

House Democrats Introduce Bill To Block Trump's Tariff Plans

House Democrats are pushing back against President-elect Trump's proposed tariffs, citing potential negative impacts on American consumers and the economy.

The Independent UK

IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year

International Business Times

Trump's Economic Plans Could Cause Inflation: IMF Chief Economist

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

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