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The Latest Breaking News from Economy

Coalition insists nuclear plan won't blow up economy

The federal opposition has slammed government analysis that suggests its nuclear energy calculations are based on a shrinking economy in five states.

AAP

What Ghana’s small businesses can teach the world about becoming more sustainable

Small and medium-sized enterprises (SMEs) form the backbone of emerging economies. This is especially true in Ghana, where they represent around 90% of registered businesses and contribute significantly to employment and the economy of the west African nation.

The Conversation

China’s economy took centre stage in Xi’s new year address, spinning slow growth as a ‘remarkable’ achievement

Chinese president Xi Jinping delivered his annual televised new year address on December 31, and commentators have been quick to share their interpretation. Some have emphasised Xi’s passing reference to Chinese reunification as a threat against Taiwan. Others have focused on Xi’s comments about China’s economy, framing them as a…

The Conversation

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Bosses at biggest UK firms have already made more money than the average worker will in 2025

FTSE 100 bosses enjoy median pay of £4.22m, 113 times the median of a full-time worker’s pay of £37,430

The Independent UK

Nigeria’s economy in 2025 doesn’t look bright – analyst explains why

Nigerians may be wondering whether the year 2025 will bring the “renewed hope” promised by the President Bola Tinubu administration – or whether they are in for another year of economic despair.

The Conversation

Asian Markets Mixed As Traders Eye Trump 2.0

Concerns about China's stuttering economy, the outlook for US interest rates and the wars in Ukraine and the Middle East were also causing a sense of uncertainty.

Latin Times

Vietnam’s economy smashes growth forecasts as trade-obsessed Trump returns to the White House

Vietnam’s GDP grew by 7.09% in 2024, ahead of government forecasts of 6.5%. Yet Vietnam’s trade surplus with the U.S. could put it at risk of new tariffs.

Fortune

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‘A precarious perch’: In India, too many escape poverty only to slip right back into it

The forecast was cloudy skies with the possibility of light rain or thunderstorms. But on the morning of India's 77th independence day, on August 15, 2023, things moved as planned in New Delhi.

Newslaundry

It's different now: Tariffs can boost U.S. jobs, wages, and the economy, finance professor says

“In this case, tariffs (properly implemented) would have the opposite effect of Smoot-Hawley.”

Fortune

Syria's New Foreign Minister Establishes Diplomatic Ties

Syria's new foreign minister engages in diplomatic efforts to strengthen ties and revive the economy, facing challenges and uncertainties.

Top News

How gig platforms like Fiverr are reshaping the video game development industry

In an industry defined by million-dollar budgets, multinational corporations and enormous development teams, commissioning a video game for just five dollars (well, CA$6.60) may seem a bit surreal.

The Conversation

Uniqlo, Gymshark and Lush stop hiring UK workers via gig economy apps

TUC criticise retailers for endangering workers’ rights by using apps such as YoungOnes and Temper

The Guardian - UK

Burning waste is not the way to move the UK towards a circular economy

A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design

The Guardian - UK

Austrian chancellor to resign after coalition talks collapse

Nehammer says his People’s Party would not support measures that it believes would harm the economy or new taxes.

Al Jazeera

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Fortune

Trump tariffs would shrink the federal deficit, but also the economy, CBO says

The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034.

The Independent UK

The damning statistics that reveal the true cost of Brexit, five years on

SPECIAL REPORT: As January marks five years on from Britain leaving the EU, Alicja Hagopian and Kate Devlin explore its impact

Salon

Our economic "vibecession" may be over

Pessimism appears to be subsiding among some Americans, surveys show

The Guardian - UK

The Guardian view on a carbon-free economy: no just transition in sight – yet

Factory closures highlight the turbulent shift to a green economy, exposing political challenges and the urgent need for a equitable move to net zero

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The Conversation

‘I was left with nothing.’ Why apprentices are being pushed into the informal economy

In the UK, apprenticeships and training schemes are often seen as a gateway to skilled careers, providing invaluable hands-on training for service trade professions as varied as plumbing, engineering, accounting and hairdressing. But for many trainees, the financial realities of these programmes are driving them into the informal economy.

Latin Times

Asian Shares Rise, Defying Slow Wall Street Start To 2025

Hong Kong, Sydney and Taipei climbed, while Seoul surged nearly two percent higher despite deepening political uncertainty in Asia's fourth-largest economy.

StockNews.com

3 Gig Economy Stocks Transforming the Workforce

Changing employment preferences and blending income opportunities with personal freedom have fueled the gig economy’s rapid growth. Thus, investors can explore stable gig economy stocks, DoorDash (DASH), Upwork (UPWK), and Fiverr (FVRR), which are transforming how work gets done. Read on….

Radio France Internationale

Traders reeling as fire destroys Ghana's largest clothes market

Ghana's informal economy has suffered an enormous blow after a fire engulfed the Kantamanto used clothes market in the capital on Thursday, destroying more than 100 shops and goods worth millions of the local cedi currency. Thousands of traders have lost their livelihoods.

The Independent UK

Workers torn after Bourbon Street reopens hours after blood stained the sidewalk: ‘My anxiety is at an all-time high’

EXCLUSIVE: Service industry workers tell Alex Woodward that New Orleans is failing to protect the people fueling the city’s critical tourist economy

Barchart

Dollar Gains on US Economic Strength and Euro Weakness

The dollar index (DXY00 ) Thursday rose by +0.79% to a new 2-year high. Signs of strength in the US economy boosted the dollar Thursday after weekly jobless claims unexpectedly fell to an 8-month low and after the US Dec S&P manufacturing PMI was revised higher. Also, weakness in the...

The Independent UK

James Carville admits why Democrats lost and he was wrong. He didn’t listen to himself

Voters see Democrats as ‘out to lunch’ on the economy and as caring too much about other issues, former Bill Clinton strategist argues

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