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The Latest Breaking News from Economy

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

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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

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.

International Business Times

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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 Conversation

Emirates officially unveils its first A350 aircraft

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

The Independent UK

'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

Evening Standard

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 Conversation

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

The Independent UK

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.

Benzinga

Top Stories of the Month: How Trump’s Return Could Impact China’s Economy and Tech

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

Caixin Global

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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.

The Guardian - US

Trump victory not a mandate for radical change, top election forecaster says

US expert who predicted outcome says models showed voters were unhappy with economy but did not seek sweeping transformation

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Fortune

Bank of America's guide on how to handle awkward economy and politics chat over Thanksgiving dinner

Bank of America has put together a guide on how to talk mortgages, Trump and the deficit this Thanksgiving.

The Guardian - UK

Macquarie agrees £700m deal to buy UK-listed waste firm Renewi; Direct Line shares jump after rejecting Aviva’s £3.3bn offer – as it happened

Australian investment bank returns after being rebuffed last year

The Independent UK

'Everything is expensive!' Bolivia faces a shocking economic collapse

Across what was once South America’s second-largest producer of natural gas, everyone is searching for fuel

Top News

Bank Of Korea Cuts Interest Rate Amid Economic Slowdown

Bank of Korea cuts interest rates to 3% for the second consecutive month to boost economy amidst challenges.

The Independent UK

South Korea's central bank cuts a key rate to nurse a slower economy

South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated

inkl

The Life and Journey of Truck Driving

Truck driving is more than just a profession; it’s a lifestyle that keeps the economy moving. From transporting essential goods across states to meeting tight delivery deadlines, truck drivers play a crucial role in ensuring the smooth operation of supply chains. For those considering a career in truck driving, understanding…

Evening Standard

Consumer confidence ‘weak’ as Christmas approaches

Confidence has been offset by declining expectations of the wider economy, according to the BRC-Opinium Consumer Sentiment Monitor.

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