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The Latest Breaking News from Economy

Europe's Economic Challenges Amid French-German Political Paralysis

Political instability in France and Germany poses challenges for Europe's economy, requiring urgent cohesive action.

Top News

Market-driven approaches to plastic pollution won’t end inequalities – and waste pickers are speaking up

In Busan, South Korea, talks on a global treaty on plastic pollution, which were held from November 25 to December 1, ended in failure. Negotiations are due to resume at a later date.

The Conversation

Ghana Ruling Party Candidate Concedes In Presidential Election

Ghana's ruling New Patriotic Party candidate, Vice President Mahamudu Bawumia, on Sunday conceded defeat in the country's presidential election after failing to shake off widespread frustration over the struggling economy.

International Business Times

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Art Basel Boosts Private Home Tourism in Miami: The Latino Neighborhoods Thriving the Most, According to Airbnb

The biggest art fair in the Western world is under way in South Florida.

Latin Times

Budget fails to tackle slow economic growth, says Labour

The SNP argued the UK Government is treating Scotland as an ‘afterthought’.

Evening Standard

Voices: Jeremy Hunt is fighting for his place in history – and the Tories’ future may depend on it

COMMENT: The former chancellor says Rachel Reeves’s budget ‘black hole’ is fiction. John Rentoul examines whether voters will listen

The Independent UK

3 Digital Content Creators Monetizing the Creator Economy

The digital content creation market is exploding, fueled by technological innovations and global internet access. With platforms like Spotify (SPOT), Tencent Music (TME), and Gannett (GCI) leading the charge, the creator economy is ripe for disruption. These giants are perfectly positioned to cash in on this booming trend. Read on….

StockNews.com

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Ghana Votes In Tight Presidential Election Race

Ghana's vice president and former central banker Mahamudu Bawumia faces off against opposition ex-president John Mahama on Saturday in a closely fought election to decide on the country's new president.

International Business Times

Australia needs to think outside the box on packaging

A major manufacturer warns Australia is not ready to follow Europe on packaging reform but could develop more a circular economy to keep waste out of landfill.

AAP

Why the U.S.-India partnership is the most consequential relationship in the world

With a 7% growth rate, India is the 5th-largest economy, on track to become the 3rd-largest, and potentially the largest by the end of the century.

Fortune

US Companies Hired More People In November But Unemployment Jumped

The US economy added more jobs than expected last month, government data showed Friday, bouncing back from a dramatic slowdown triggered by hurricanes and labor strikes.

International Business Times

November jobs report shows healthy labor market with 227,000 new roles - up dramatically from slow October

Employment took a hit across the country in October as a result of various hurricanes and strikes

The Independent UK

US Economy Adds Jobs For 47 Consecutive Months

US economy adds jobs steadily, aligning with pre-pandemic growth rates. Labor market shows remarkable performance with 47 consecutive months of job growth.

Top News

Lifeline has offered a solemn reality check. Money worries are high – so what will the government do?

The economic picture that emerged this week reflects the pressures many Australians are facing – and the crux of the next election

The Guardian - AU

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Economy Strong, No Need For Fed Rate Cuts: Economist

Economist Chris Rupkey remains positive about the economy, downplaying the need for immediate intervention.

Top News

US Economy Adds 227,000 Jobs In November

US economy added 227,000 jobs in November, showing resilience and growth potential.

Top News

US Economy Adds Only 12,000 Jobs In October Report

October jobs report shows lower job growth due to external factors, but stable unemployment rate.

The Conversation

Protests, sectarian violence and a growing spat with India: Bangladesh’s new leaders are beset with challenges to its democracy

When student-led, anti-government protests in Bangladesh snowballed into the ouster of Sheikh Hasina’s 15-year-long autocratic rule in August 2024, many in the South Asian nation hoped it signaled better times ahead.

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International Business Times

10 Must-Have Apps For 2025 That Gen Zers Totally 'Stan'

Gen Zers are the digital natives that embrace innovation and technological development, and in the new economy, there are specific apps that stand out among Gen Z.

Benzinga

Trump's Trade Policies Pose Greater Risk To South Korea's Economy Than Domestic Martial Law Crisis, Says Central Bank Chief: 'A Lot More Uncertainty'

The governor of the Bank of Korea, Rhee Chang-yong, expressed that the South Korean economy is more threatened by the trade policies of Donald Trump than the current political crisis in the country.

The Independent UK

China fine-tunes economic stimulus as it braces for new US administration

China is fine-tuning its policies aimed at revving up its economy as it braces for an uncertain future in relations with the United States under President-elect Donald Trump

The Independent UK

China's ban on key high-tech materials could have broad impact on industries, economy

China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies that make equipment used to produce computer chips

The Independent UK

US hiring likely rebounded last month after storms and strikes curtailed October job growth

Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to its lowest level in nearly four years

Evening Standard

CBI downgrades UK economic growth forecasts amid Budget pressures on firms

The CBI has reduced its growth forecasts for the UK economy in 2024 and 2025 as inflation is expected to pick up.

Benzinga

TD Bank Group Sees Global Economy Slows In 2024; TD Economics Predicts Gradual Interest Rate Cuts Amid Cooling Inflation, Geopolitical Risks Persist. U.S. Experiences Soft Landing With 4.1% Unemployment And Fed Rate Cut To 3.25-3.50% By End Of 2025. Canada Sees Growth Boost From Population Gains, BoC Cuts Rates To 2.25-2.50% In 2025. Canadian Dollar Expected To Trade At $0.71-$0.73 U.S. Cents.

ECONOMIC SUMMARY AND OUTLOOKThe global economy remains on track for a modest slowdown in calendar 2024, as high interest rates continue to weigh on growth. Alongside slower growth, inflation across the G-7 has cooled,

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