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The Latest Breaking News from Economy

Trumponomics: Grocery bills will soar

Trump thinks he won by talking about the economy — and now he gets to wreck it and enrich his billionaire pals

Salon

IMF Chief Tells Europe To Take Page Out Of US Book

With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself."

International Business Times

U.K. signs £9 billion nuclear submarine deal with Rolls Royce—in a move to boost national security and create thousands of jobs

Labour has put growing the U.K. economy at the forefront of its plans since returning to power in July—but has yet to deliver on its pledge.

Fortune

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read the most diverse news in one place.

Trump's Plan to Designate Mexican Drug Cartels as Terrorist Organizations Could Have Ripple Effects on the Economy: NYT Reports

President Trump vowed to designate Mexican drug cartels as foreign terrorist organizations during his inaugural address, a move that could hurt the US and Mexican economies

Latin Times

The challenge of recycling rare earth metals – and the scientists making it happen

Experts at Queen’s University Belfast see ‘ionic liquids’ as something of a gamechanger for the circular economy, whether used to extract scarce metals from old magnets or make hydrogen fuel cells more sustainable

The Guardian - UK

Alien invaders: from voracious snails to Zika-virus mosquitoes, why biologists are worried

Scientists at Queen’s University Belfast say the risks posed by non-native species – to biodiversity, the economy and people’s health – warrant coordinated action across the world

The Guardian - UK

Davos day four: ‘Too much pessimism’ about European economy, which needs boost of US confidence, WEF hears – as it happened

Rolling coverage of the final day of the World Economic Forum

The Guardian - UK

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‘I was a multimillionaire, I had a beautiful girlfriend, I was unhappy’: the ups and downs of a supertrader

Gary Stevenson grew up poor, got rich in the City – then found himself wrestling with depression. Now he says he’s the only person on the left who really understands the British economy – and the people who wield the power

The Guardian - UK

Rolls-Royce wins £9bn nuclear submarine contract

The Unity contract will see Rolls Royce help out with nuclear reactors to power submarines

The Independent UK

MoD strikes £9bn deal with Rolls Royce to help power UK nuclear submarines

The eight-year contract, dubbed Unity, is aimed at bolstering national security and the UK economy.

Evening Standard

How AI is Revolutionizing the Automotive Industry

AI is no longer in the realm of science fictions; it is an industrial reality in today’s global economy. A promising area that is in the midst of a significant change is the automotive business.

inkl

Expanding Heathrow is incompatible with net zero – here’s the evidence

The UK government is set to back plans for a third runway at Heathrow, the country’s busiest airport, and to expand two other airports near London: Gatwick and Luton. The move is designed to support the government’s “mission” to grow the economy.

The Conversation

Trump tariffs could be ‘opportunity’ for UK, Lloyds boss says

Charlie Nunn, who runs Lloyds Bank, the largest mortgage lender in the UK, said that he was optimistic about growth for the UK economy but it must come quickly.

The Independent UK

Trump’s inheriting a solid economy, making it harder to lower borrowing costs or inflation

President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep

The Independent UK

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Top News

Putin Concerned About Economy Amid Trump's Ukraine Peace Efforts

Putin's concerns over Russia's economy amid Trump's focus on Ukraine war. Russia considers negotiating with Ukraine and strengthens ties with Iran and China.

Kiplinger

What Could Derail the Economy This Year?

While the outlook for the U.S. economy is mostly favorable, there are plenty of risks that bear watching.

International Business Times

Syria's Economy Reborn After Being Freed From Assad

When Bashar al-Assad ruled Syria, merchants like Youssef Rajab kept much of their imported stock hidden for fear of arrest for breaking the law.

Latin Times

Most Asian Markets Rise After Wall Street's AI-fuelled Rally

Shanghai was among the main winners, eating into year-to-date losses after China unveiled a fresh batch of measures aimed at boosting the country's stock markets as part of Beijing's moves to provide support to the stuttering economy.

The Guardian - UK

Kemi Badenoch ‘wants Liz Truss to shut up for a while’

Tory leader told shadow cabinet last week she wanted predecessor to stop making unhelpful interventions

Fortune

Europe's largest economy heads toward the polls

Insolvencies and job cuts have clouded confidence in Germany's auto town, Luedenscheid.

International Business Times

Trump's Return Darkens Mood As Germany Heads To Elections

Donald Trump's return to the White House has darkened the mood in Germany a month before elections, as multiple crises shake the foundations on which Europe's biggest economy built its post-war prosperity.

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