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The Latest Breaking News from Economy

German Big Business Calls For Early Vote, Economic Vision

German big business groups demanded almost in unison Thursday that embattled Chancellor Olaf Scholz call elections soon to restore political stability in Europe's stuttering top economy.

International Business Times

Trump win will not trigger exodus of US companies from Ireland, says Harris

The Taoiseach acknowledged the risk of a transatlantic trade shock had increased.

The Independent UK

Czech central bank cuts key interest rate to 4% as inflation stays low

The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recovery

The Independent UK

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Why has Germany’s government collapsed and what happens next?

Olaf Scholz’s sacking of his finance minister has plunged Europe’s largest economy into considerable uncertainty

The Guardian - UK

The US election, while shocking, was not a repudiation of democracy

Americans believe firmly in democracy, and Trump winning is not an endorsement of authoritarianism

The Guardian - US

Nevada on verge of voting Republican for first time in two decades

In state with one of the largest proportions of working-class voters, populist line may overcome past political allegiance

The Guardian - US

Uncertainty looms over Germany as Scholz navigates political crisis

Germany is bracing for political upheaval, with Chancellor Olaf Scholz set to govern in a weakened position after firing his finance minister in a dramatic collapse of his coalition. Scholz now faces a critical confidence vote in January, which could force snap elections by March and leave Europe’s largest economy…

Radio France Internationale

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Sweden's Central Bank Cuts Interest Rate To Boost Economy

Sweden's central bank cuts interest rate to 2.75%, aiming to stabilize economy and inflation. Norway maintains policy rate at 4.5%.

Top News

What a Trump presidency will mean for Europe’s economy

Following Donald Trump’s victory in the US presidential elections, Europe now has to prepare for a new era of economic protectionism. Trump’s policies during a second term will undoubtedly have major consequences for the continent’s economy, geopolitical stability and progress addressing climate change, and may even threaten the future of…

The Conversation

Jerome Powell says Donald Trump can’t fire him, after Fed and BoE cut rates – as it happened

Presidents are “not permitted under the law” to fire Federal Reserve chair or demote governors, Powell insists

The Guardian - UK

Interest rates live updates: Bank of England base rate cut to help slash mortgage bills

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

The Independent UK

‘America’s gone mad’: disbelief in Ayrshire, Scotland, near Trump’s golf course

While some say Trump has done much for Turnberry’s economy, others claim election result is ‘a disaster – he’s a fascist’

The Guardian - UK

NAB boss flags trade war risk as annual profit dips

National Australia Bank boss Andrew Irvine is worried about the risk of a trade war between the US and China, and its implications for the Australian economy.

AAP

Trump’s economic vision is no longer a ‘maybe’. Here’s what it might mean for Australia and the world

For months, experts and commentators have been weighing up what the possible return of Donald Trump might mean for financial markets and the global economy.

The Conversation

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The Guardian - AU

How will Donald Trump’s victory affect Australia’s economy? Here are some clues

The biggest uncertainty – for shares, inflation and rates – is whether the president-elect acts on promises such as hefty tariffs, and how soon

The Independent UK

Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed

Shares have fallen in Asia after U.S. stocks stormed to records as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world

International Business Times

Germany's Embattled Scholz Paves Way For Early Elections

German Chancellor Olaf Scholz said Wednesday amid a deep coalition crisis that he will seek a vote of confidence in January that would pave the way for early elections by March.

The Conversation

Iran’s currency was already tumbling − and then news of Trump’s victory broke

As the world absorbed news of Donald Trump’s comeback victory in the 2024 U.S. presidential race, concern in Iran turned to the impact of the election on its own economy amid escalating regional tensions.

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news in one place.

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The Guardian - UK

German government collapses after Olaf Scholz sacks finance minister

Unexpected move throws Europe’s largest economy into political disarray and is likely to lead to snap elections in March

Fortune

American voters were asked about the economy. The overwhelming answer shows why they picked Trump over Harris

Voters who were concerned about the economy did what they so often do—punish the incumbent party.

Top News

Democrats Fear Losing House Majority After Republican Victories

Democrats concerned about potential House loss post-Republican victories. Economy influences voter sentiment.

The Independent UK

European markets fall back but Wall Street surges after Trump victory

The FTSE 100 opened firmly higher but handed back all its gains to close lower at the end of trading.

The Independent UK

What could a second Trump presidency mean for foreign affairs?

Mr Trump has vowed to end wars in Ukraine and the Middle East.

The Independent UK

Global stock markets rally as Donald Trump takes victory in US election

Strong gains in premarket trading in New York showed stocks on Wall Street look set for a fresh rally on Wednesday in response to the result.

Evening Standard

Donald Trump's key policies: from abortion and climate change to the economy

From mass deportations to foreign wars and tariffs, the impact of a second Donald Trump presidency will be felt in all aspects of American life and across the globe

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