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The Latest Breaking News from Economy

Russia races ahead of NATO in weapons production for Ukraine war: SIPRI

A new SIPRI study lays bare how NATO is unable to turn spending power into firepower in a crisis.

Al Jazeera

Climate shocks and the economy: we asked South Africa’s central bank what role it plays in bringing stability

Climate change poses economic and social risks which can affect the workings of the financial system – the complex interaction of financial institutions and markets. Central banks, as the custodians of stable financial systems and stable prices (low, stable and predictable inflation), have a responsibility to ensure that financial systems…

The Conversation

Post-COVID life and China's tough economy pushes a 95-year-old jewelry brand to embrace 'wearability' and a more casual consumer

“Everyone is a lot more casual. You have a lot fewer galas and things to go to," said Nicholas Lieou, Chow Tai Fook's design lead for high jewelry.

Fortune

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EVs Help Vehicle Emissions Drop To Historic Low In The U.S.

Fully electric and hybrid vehicles are helping America reduce greenhouse gas emissions to record levels, the Environmental Protection Agency said in a newly published report this week. EVs are not only helping bring down harmful carbon dioxide emissions but are also increasing fleetwide fuel economy rates to record highs.

InsideEVs

Trump's second term could reshape world

A prominent historian saw all this coming 14 years ago. Oh, wait — that was me

Salon

Starmer accused of ‘burying head in sand’ over deal to allow young Britons to live and work in Europe

Exclusive: Despite repeatedly citing economic growth as a number one priority, the government has refused to conduct an assessment of how a deal for young people to live and work across the bloc could boost the economy

The Independent UK

Australian economy still limping along, data may show

New data is expected to show the national economy continues to be sluggish, in line with Treasurer Jim Chalmers' warning in parliament last month.

AAP

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Iceland Prepares For Election Amid Economic Challenges And Political Fractures

Iceland prepares for parliamentary elections amidst political instability and key issues like immigration and the economy. High voter turnout expected with...

Top News

Icelanders Head To The Polls After Government Collapse

Icelanders vote in a legislative election Saturday after the collapse of a fraught coalition prompted a snap poll where the economy is a top concern.

International Business Times

‘Avalanche’ of evictions about to hit North Carolina in long aftermath of Hurricane Helene

Storm damage to housing and economy in western North Carolina has triggered wave of eviction notices

The Independent UK

Encircled by geopolitical risks, Armenia builds a lively tech startup scene

Ex-Soviet state is betting on a growing tech eco-system to drive its economy in region rife with geopolitical tensions.

Al Jazeera

A Global Cannabis Exports Leader In The Making? Paraguay Targets THC Reform To Boost Economy

Paraguay aims to lead in cannabis exports with THC reforms, sustainable practices, and global market expansion.

Benzinga

The special educational needs crisis affects all our children

Letters: Dr Helen Care says we have to start looking at the wider picture and ask what schools are for, Helen Kinsey says it is a false economy not to be supporting the most vulnerable. Plus a letter from Andrew Seber

The Guardian - UK

The ruble's in a slump. For the Kremlin, that's a two-edged sword

Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other

The Independent UK

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International Business Times

Inflation-wary US Consumers Flock To 'Black Friday' Deals

US shoppers are out in force for "Black Friday," but inflation nerves have left them jittery, analysts say, prompting retailers in the world's biggest economy to come up with ever more deals.

The Conversation

Changes to farmers’ inheritance tax are fair and could even help them in the long run – expert view

Much has been made of proposed changes to inheritance tax for agricultural property in the recent UK budget. Opponents have focused on the number of farms that might be affected, while the government’s arguments focus on the need to raise revenue. There are, however, good reasons to reform a tax…

The Independent UK

Emirates officially unveils its first A350 aircraft

Emirates plans to make its first scheduled commercial A350 flight to Edinburgh on 3 January

Evening Standard

'Not allowing asylum seekers to work is an extraordinary own goal - we must unlock their potential'

Analysis estimates allowing people in the asylum system to work sooner could result in a net benefit of £1.2 billion to the UK economy

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news in one place.

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The Conversation

A rising tide of e-waste, made worse by AI, threatens our health, the environment and the economy

Our growing reliance on technology at home and in the workplace has raised the profile of e-waste. This consists of discarded electrical devices including laptops, smartphones, televisions, computer servers, washing machines, medical equipment, games consoles and much more.

The Independent UK

EasyJet to cut UK flights following air tax rise

Chancellor Rachel Reeves confirmed in October that passengers could expect to pay £2 more for economy seats

Benzinga

How Have Markets Reacted To Past US Tariff Hikes? Insights As Trump's Trade Threats Spurs Global Jitters

History shows that higher tariffs have been painful for the stock markets to digest, but President-elect Donald Trump's stand on increasing the tariffs seems undeterred, while some analysts call it a negotiating tool, others think that combining it with tax cuts could be good for the economy.

Caixin Global

U.S. economic policy is likely to get more hostile, and Beijing must take steps to mitigate the damage

The Independent UK

China's aging population fuels 'silver economy' boom, but profits can prove elusive

Many older Chinese are looking beyond traditional care homes, worried about abandonment and quality issues

The Independent UK

Trump’s tariffs in his first term did little to alter the economy. This time things could be very different

The total tariffs collected in the United States was less than 0.3% of the GDP in 2019, during Trump’s first term

Radio France Internationale

Nigerian businesses court French investors during Tinubu's landmark visit

President Bola Tinubu's state visit to France brings a delegation of Nigerian business leaders seeking new investment in Africa's largest economy. It also reflects growing efforts to strengthen economic links between Nigeria and France.

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