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The Latest Breaking News from Economy

Rachel Reeves is besieged on all sides and needs a dramatic intervention to save UK economy

NEWS ANALYSIS: As Rachel Reeves prepares for a career defining speech in Washington DC, political editor David Maddox looks at the competing forces turning her dreams of economic growth into a nightmare

The Independent UK

UK business output slumps in first sign of impact of Trump tariff chaos

Closely watched PMI Index points to falling output amid plummeting confidence

Evening Standard

Eurozone economy stalls in April as tariffs rattle services activity

Eurozone economy stagnates in April as trade tensions drag services sector into contraction. PMI data show Germany's resilience in manufacturing, while France's downturn deepens. Easing inflation pressures may support ECB rate cuts

Euronews

From analysis to the latest developments in health,
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Texas may study the impact of immigration again, but focus only on costs

The only time the state conducted such an assessment two decades ago, it found that undocumented Texans contributed more to the state’s economy than they cost the state.

The Texas Tribune

It’s official – Donald Trump is bad for the world economy

THE INDEPENDENT VIEW: Editorial: The IMF’s downgrade of global growth forecasts, a direct result of US tariffs, will only add to the pressure on chancellor Rachel Reeves to make the case during her visit to Washington for a fabled US-UK free trade agreement

The Independent UK

Dow is heading for its worst April since the Great Depression as investors fear Trump’s tactics

Chief investment officer says it’s ‘impossible to commit capital to an economy that is unstable and unknowable because of policy structure’

The Independent UK

Trump uncertainty set to smash Australian economy

Australia is not following the "bouncing ball" of Donald Trump's daily shifts, the treasurer says, amid predictions of a bigger-than-expected economic hit.

AAP

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Taskrabbit CEO: My gig-economy superpower

For Ania Smith, lessons from jobs held while growing up, like selling newspaper subscriptions door to door, have proven invaluable.

Fortune

Gold price hits record high: What’s behind the precious metal’s rally?

Gold prices have surged almost 31% so far this year already, driven by rising safe haven demand and an increasingly volatile global economy.

Euronews

Elon Musk Isn’t ‘One of The Doomsday People’ On Climate Change or Humanity, But Says We Need ‘A Sense of Urgency’

Elon Musk, while rejecting climate doomsday narratives, emphasizes the need for continued urgency in transitioning to a sustainable energy economy, framing it as both an environmental necessity and a strategic economic opportunity.

Barchart

IMF Slashes Global Growth Outlook On Impact Of US Tariffs

The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US President Donald Trump's new tariff policies on the world economy.

International Business Times

IMF Slashes China Growth Forecasts As Trade War Deepens

The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official target as it fights a mounting trade war with the United States that threatens to hammer the global economy.

International Business Times

Gloomy economic forecast piles pressure on Reeves to secure trade deal with Trump

NEWS ANALYSIS: IMF downgrade lays bare the impact of Trump’s tariffs, with experts warning there could be more pain to come unless chancellor can secure a US-UK trade deal. Kate Devlin reports

The Independent UK

Spain to reach NATO's spending goal of 2% of GDP on defense this year

Prime Minister Pedro Sánchez said Spain will meet NATO’s defense spending target this year as pressure grows on the eurozone’s fourth-largest economy and NATO laggard to boost its military expenditure

The Independent UK

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Evening Standard

Global growth forecasts slashed in fallout from tariffs, IMF warns

The UK economy is predicted to grow by 1.1% this year, 0.5 percentage points less than January’s forecast.

The Guardian - UK

IMF warns of ‘major negative shock’ from Trump’s tariffs

Global lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%

The Conversation

Canada’s new immigration policy favours construction workers but leaves the rest behind

Migrant workers have long been recognized as essential to Canada’s economy. But that recognition rarely translates into meaningful inclusion. As Canada embarks on new immigration reforms, persistent inequalities continue to define who truly belongs, and who remains excluded.

International Business Times

Trump Approval Rating Plunges From Post-Inauguration High Amid Power Tripping Concerns

President Trump has been wielding an iron hand in the face of the world in recent weeks, and a new poll revealed that Americans are beginning to feel uncomfortable with his actions just three months into his second presidency.

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Salon

Trump’s made for TV madman theory flops

Former State Department official Edward Fishman warns that Trump's strategy of global economic chaos will backfire

Euronews

Is Donald Trump threatening the US Federal Reserve’s independence?

US president Donald Trump has been increasingly calling for the Federal Reserve to lower interest rates, claiming that there is "virtually no inflation", as energy and grocery prices continue to decrease considerably.

The Independent UK

Wall Street rebounds as Trump admin signals ‘de-escalation’ of trade war with China: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Al Jazeera

US stocks and dollar tumble as Trump renews attacks on Fed Chair Powell

S&P 500 falls 2.36 percent, while Nasdaq Composite drops 2.55 percent amid fears for central bank’s independence.

Fortune

‘Peak uncertainty’ may have passed since Trump pressed pause on tariffs, but Fundstrat’s Tom Lee fears we may not have reached ‘maximum pain’

“We’re now in a de-escalation mode when it comes to the tariffs,” UBS’s Evan Brown added.

Bored Panda

83 People Share Recession Indicators That Range From Funny To Cry Worthy

"Everyone becoming a DJ should've been our first recession indicator!"

inkl

Chauffeur Driven Car Hire Dubai – Luxury & Affordable Options

Traveling in Dubai requires a blend of comfort, style, and efficiency. Whether you're visiting for business, leisure, or a special occasion, chauffeur driven car hire Dubai offers a seamless way to navigate the city’s vibrant streets.

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