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The Latest Breaking News from Economy

Russia’s defence rejig: ‘Unfortunately for Ukraine, a very effective move’

Analysts predict Andrei Belousov will boost Russia’s military-industrial complex as Kyiv’s forces struggle on the front.

Al Jazeera

2024 budget delivers minor surplus but deficits loom over economy as Australia’s spending ramps up

Major shortfalls predicted over next two years as Jim Chalmers downplays potential for inflationary pressures

The Guardian - AU

Australia budget 2024: the six graphs you need to see

A surplus matters less than what choices the government makes in its budget – here’s what Jim Chalmers’ statement tells us

The Guardian - AU

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Value-added: back to a future made in Australia's mines

Mining and refining is central to the budget's plan for Australia to hold its own in a global economy beset by fierce competition for sovereign production.

AAP

UK unemployment may not reach its worst, but economic rebound will stall

Failure to cut interest rates will take money out of the system, hitting businesses such as hospitality

The Guardian - UK

Germany Sees Record Foreign Investment In Economy

Germany's record foreign investment levels reflect its stable economy, skilled workforce, and green technology focus.

Top News

West block band together for 24-hour economy acceleration boost

Uptown Accelerator has piqued the interest of Newcastle venues.

Newcastle Herald

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3 China Stocks to Buy Weathering Market Volatility

As the world’s second-largest economy struggles with a slump in consumer confidence, analysts believe that achieving the growth target set this year could be challenging. Amid this uncertainty, it could be ideal to invest in robust China stocks Ping An Insurance (PNGAY), Youdao (DAO), and Autohome (ATHM) for potential gains.…

StockNews.com

Kazakhstan jails former minister for 24 years over wife’s torture, murder

United Nations says about 400 women die from domestic violence in Kazakhstan each year, but many cases go unreported.

Al Jazeera

Andrei Belousov: Putin picks trusted technocrat to run defence ministry

Loyalist economist who ‘thinks years ahead’ inherits Kremlin’s biggest challenge as it prepares for the long haul in Ukraine

The Guardian - UK

Jim Chalmers delivers 2024 budget speech – as it happened

This blog is now closed.

The Guardian - AU

Kremlin Appoints Economist As Defense Minister Amid Military Reshuffle

Defense Minister Sergei Shoigu replaced by Andrei Belousov to align military spending with economy amidst Ukraine conflict. Belousov's appointment signifie...

Top News

Could Russia take Ukraine's second city? Putin on the offensive

Moscow has opened a new front with Ukraine after taking several villages near Kharkiv. Russia’s spring offensive takes form as President Vladimir Putin replaces defence minister Sergei Shoigu with another Kremlin loyalist – Andrei Belousov, the deputy prime minister in charge of the economy.

France 24

Putin defence minister shake-up a sign of plans for ‘long confrontation’ with West

President Vladimir Putin's nomination of top economic official Andrei Belousov as defence minister is a sign of the importance the Russian leader places on the war economy in gaining the upper hand in what he expects will be a long conflict against Ukraine, analysts say.

France 24

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Axios

Charted: What Americans most remember — and forget — about Trump's presidency

Voters are most likely to (negatively) cite Trump's behavior and the economy (as a positive).

The Guardian - UK

Are 25-year UK mortgages a thing of the past?

Younger homebuyers are turning to ultra-long loans, prompting fears over the risk to their finances and the wider economy

International Business Times

Putin's Defence Shake-up: 'Preparing For A Long Confrontation'

Evening Standard

Nine in 10 business leaders in UK suffering from tech-related stress, study finds

BT has estimated that ‘tech paralysis’ could cost the economy a staggering £11.79 billion by 2030, as many businesses opt to defer investment in tech transformation

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Top News

Impact Of Biden Tariffs On China Economy Explained

President Biden's new tariffs on China raise concerns about trade tensions and economic impact. China condemns the tariffs as a violation of international ...

The Guardian - UK

Delivery driver who intervened in Dublin attack to run in local elections

Former Deliveroo rider Caio Benicio will champion public safety and rights for gig economy workers

International Business Times

China Says To Sell Initial Batch Of Long-dated Bonds This Week

The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of more than $138 billion of debt, according to a notice posted to the ministry's website.

Evening Standard

Putin's new defence minister is a 'puppet' and a sign of long Ukraine war plan

Russia’s president caught military experts by surprise with his plan to make Andrei Belousov defence minister

The Guardian - UK

Anglo American rejects second ‘highly unattractive’ takeover approach from BHP, worth £34bn – as it happened

Rolling coverage of the latest economic and financial news

Top News

France Attracts Billion In Foreign Investments Through 'Choose France'

France attracts billion in foreign investments through successful 'Choose France' event, boosting economy and creating job opportunities.

AAP

Spending takes a hit as household budgets stretched

Higher interest rates and cost-of-living pressures have been weighing on household spending and the retail sector.

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