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The Latest Breaking News from Economy

What if Trump actually seized Kharg Island?

Kharg Island is a small coral outcrop off the coast of Iran that handles around 90% of the country's crude oil exports, making it key to Tehran's economy.

Euronews

Trump support among Independents collapses in second term, new poll shows

This shift has effectively eliminated the education gap that previously existed among independents, who now largely share negative views of Trump regardless of their academic background

The Independent UK

British economy shrinks as Iran war dampens growth

The UK economy contracted in April for the first time in eight months amid signs that the Iran war is beginning to take its toll on some sectors.

AAP

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Not prepared for cloud outages? You should be

Our global economy is deeply dependent on the cloud, but vastly underprepared for when major outages happen. Businesses need to start thinking about reducing these risks.

TechRadar

UK economy shrinks in April as the Iran war energy shock takes a toll

Britain's economy contracted by 0.1% in April, the first monthly fall since August 2025, as the conflict in the Middle East pushed up energy costs and prompted households to rein in their spending.

Euronews

UK economy shrinks in April as Middle East war hits

Britain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister Keir Starmer as he grapples with a political crisis. "We expect the economy to continue to fade as the year goes on, and particularly for as long as…

The Economic Times

Dragonpass APAC Loyalty Index: 53% of High-Income Consumers Say Bank Rewards No Longer Match Their Lifestyle Needs

SINGAPORE, June 12, 2026 /PRNewswire/ -- For years, loyalty programmes across banking, credit card, and financial institutions have been built around a familiar formula: collect points, unlock perks, repeat. But across Asia-Pacific, consumers are beginning to expect something different.According to the APAC Loyalty Index released by Dragonpass, the region's loyalty…

AAP

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Is India's economic growth real? Raghuram Rajan says something is off

Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap…

The Economic Times

The UK economy contracted by 0.1% in April

In the three months to April, GDP grew by 0.7 per cent, according to the Office for National Statistics

Evening Standard

UK economy shrinks for first time in eight months – here’s why

IN FULL

The Independent UK

UK economy shrank by 0.1% in April following impact of Iran war

Rachel Reeves acknowledged that the war in the Middle East was hitting the economy

The Independent UK

UK economy contracts for first time since last August

The ONS said gross domestic product declined by 0.1% in April in a sharp pull back from growth of 0.3% in March and 0.4% in February.

Evening Standard

UK economy shrank by 0.1% in April as Iran war held back growth

GDP hit by higher energy prices caused by Middle East conflict, after 0.3% rise in March

The Guardian - UK

Four Indians feature in Forbes’ top 50 most successful immigrants in America

Four Indian-born business leaders, including Vinod Khosla and Naval Ravikant, have been recognized in Forbes' "America's Most Successful Immigrants" list. These entrepreneurs and investors have significantly contributed to the US technology and business sectors, with Khosla ranking highest at No. 14. Their inclusion highlights the vital role of Indian talent…

The Economic Times

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The Economic Times

India must expand international trade ties to reach $30 trillion economy vision by 2047: Piyush Goyal

Union Minister Piyush Goyal stated that India must expand international engagement to achieve its USD 30 trillion economy goal by 2047. He highlighted that developed nations' demographic challenges present opportunities for India's skilled workforce and that strategic partnerships will complement, not compete with, Indian industry.

Bangkok Post

Chaichanok to face grilling

The opposition will join the House legal affairs committee next week to summon Digital Economy and Society Minister Chaichanok Chidchob to explain the controversial 1.6-billion-baht TH-AI Passport project, warning that it will seek an anti-graft investigation if the scheme proceeds.

The Independent UK

Argentina's inflation slows to 8-month low in a boost for President Milei

Economic data has shown Argentina’s inflation slowing for the second straight month in May

International Business Times

Reframing the Congo Through Film: Infrastructure, Narrative Power, and Cultural Production at Scale

Congo has been consistently defined in international discourse through instability and crisis framing, while its cultural and creative economy remains underrepresented and underdeveloped in global media systems.

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The Conversation

The high cost of undiagnosed and untreated ADHD: Unequal mental-health access and the care economy

Attention deficit hyperactivity disorder (ADHD) is a common neurodevelopmental disorder that can persist from childhood into older adulthood. It impacts individuals from all ethnic groups and socioeconomic backgrounds.

Bangkok Post

Ministry backs down in B1.6bn AI controversy

The Digital Economy and Society (DES) Ministry says it plans to negotiate with the TH-AI Passport project provider to adjust contract details regarding the pay-per-use concept, in an effort to tamp down public criticism and ensure optimal benefits.

AAP

'Bad to worse': productivity sinks to post-pandemic low

Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.

The Economic Times

India protecting industry from unfair trade practices of certain countries: Piyush Goyal

India is committed to dialogue and cooperation to address global trade challenges. Commerce and Industry Minister Piyush Goyal stated that countries, including India, protect their domestic industries. India is working to safeguard its economy from unfair trade practices. The nation is also focused on promoting innovation and research, with ongoing…

The Economic Times

Why Google is investing millions in electricians, welders and pipefitters in the age of AI

Google is investing $50 million through Google.org to train over 300,000 American workers for skilled trades like electrical work and welding. This initiative aims to address the growing demand for physical infrastructure to support AI and cloud computing, highlighting the critical role of tradespeople in the digital economy.

The Economic Times

India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World Bank

India will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This moderation is due to higher energy prices and input costs. However, the economy is expected to rebound to 7.2 percent growth in fiscal 2027-28. Domestic demand remains robust, supporting…

The Guardian - AU

Labor MPs have been handed new talking points – revealing a growing concern about One Nation

Labor and its trade union allies have shifted the focus of their rhetorical attacks, targeting Pauline Hanson as if she is the real opposition leader

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