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The Latest Breaking News from Economy

China's Two Sessions Focus On AI And Economic Recovery

China's Two Sessions to address AI, economy, and defense budget for 2025 with focus on innovation and economic stability.

Top News

Global markets tumble as Trump tariffs on Canada, Mexico, and China spark trade war fears

Growth expectations for the U.S. economy are falling as China and Canada announce their next move in the tit-for-tat trade spat with the White House.

Fortune

Billionaires need to launch moonshots in the heartland, not just outer space

If they do, others will follow—and the rewards are likely to be profound.

Fortune

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Last year, GDP expanded by 2.8% and the private sector added 1.5 million jobs—but Trump’s Treasury secretary claims that growth was ‘brittle underneath'

Scott Bessent said the private sector “has been in a recession.”

Fortune

The economy and AI are likely to be among the top issues for China’s legislature

Harnessing the power of artificial intelligence and shoring up the economy are among the issues expected to top the agenda when China’s legislature meets Wednesday in Beijing

The Independent UK

Trump's Tariffs Threaten North American Economy

Tariffs imposed by President Trump on Mexico, Canada, and China raise concerns about economic impact and trade relationships.

Top News

‘People see it as invasive’: did anti-green feeling fuel the right’s rise in Germany?

A backlash against climate initiatives appears to have resonated in conservative strongholds – and could influence future policy

The Guardian - UK

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Tightly choreographed Two Sessions opens in Beijing as the world order roils

With Trump’s tariffs and DeepSeek’s AI tech in the news, China waits to see how the Communist party plans to revitalise a stagnating economy

The Guardian - UK

Beijing's deflation dilemma: Falling prices signal bigger troubles ahead for China's economy

China's leaders are overseeing a spell of deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world

The Independent UK

Asian shares fall after Wall St retreats on fears over hit to the US economy from Trump's tariffs

Shares have opened lower in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President Donald Trump

The Independent UK

Republican Senators Express Concerns Over Impact Of Tariffs

Republican senators express varied views on tariffs, reflecting concerns, support, and reservations about their impact on states and the national economy.

Top News

Soaring UK crime costing up to £250bn a year, says thinktank

Policy Exchange report blames austerity for breakdown in policing and criminal justice

The Guardian - UK

Wall Street is worrying about the U.S. economy

Tariff fears and soft economic data have traders debating whether a recession is on the horizon.

Fortune

Trump's Second Term Trade War: Potential Economic Impact

Trump's second term trade war introduces broader tariffs with potential negative impacts on the U.S. economy.

Top News

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The Conversation

A website is not enough: businesses that use digital tools without a strategic plan will struggle in a tough economy

Small businesses across Australia and New Zealand are facing one of their toughest periods in decades.

Top News

Taiwanese Chipmaker To Make Record Investment In US

White House to announce historic 0 billion investment by Taiwanese chipmaker in US, boosting economy and tech innovation.

The Conversation

Nigeria’s 2025 budget has major flaws and won’t ease economic burden

There are doubts as to whether Nigerian president Bola Tinubu’s N54.99 trillion (US$36.6 billion) 2025 budget will lay a solid foundation for addressing some of the country’s current economic challenges.

Al Jazeera

Iran’s Zarif resigns amid political wrangling over economic woes

The ex-foreign minister was the face of reformist-backed talks with global powers that led to Iran’s 2015 nuclear deal.

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International Business Times

Commerce Secretary Lutnick Pushes For 'Transparent' GDP Calculation By Removing Government Spending

Howard Lutnick's remarks came in response to concerns over whether the spending cuts advocated by Elon Musk's Department of Government Efficiency (DOGE) might lead to a recession.

The Independent UK

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs

The Independent UK

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product

Al Jazeera

Iran’s economy minister impeached as inflation rises, currency falls

Hemmati removed from office after 182 of 273 lawmakers vote against him as rising cost of living fuels discontent.

The Independent UK

A samba school rises to Rio Carnival's top league, bringing an economic boom to its poor residents

Carnival always breathes life into the economy of Vila Vintem, on Rio de Janeiro’s west side, but this year there’s even more, with its Unidos de Padre Miguel samba school back in the top parade league for the first time in 57 years

The Guardian - UK

The world has changed – it’s time for a radical Labour rethink on the economy

With Trump’s true intentions clear, new thinking is needed to fund UK defence, be it fully seizing Russian assets or reversing Hunt’s NI cuts

Fortune

Russia's old economy is gone, and its wartime transformation has the military primed for a resurgence, former State Dept. official warns

"Even if hostilities were to cease immediately, Russia’s economic transformation is unlikely to be reversed."

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