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The Latest Breaking News from Economy

Australia’s unemployment rate unexpectedly drops from 4.1% to 3.7% in February despite slowing economy

Latest ABS figures show the labour market added 116,000 jobs defying signs of weakness since September

The Guardian - AU

Argentina Economy Contracts In Q4 Amid Darkening Outlook

Argentina Economy Contracts In Q4 Amid Darkening Outlook

Argentina's GDP contraction in Q4 signals ongoing economic challenges and the need for policy reforms to revive growth.

Fed Chair Powell Announces Balance Sheet Drawdown Taper Imminent

Fed Chair Powell Announces Balance Sheet Drawdown Taper Imminent

Federal Reserve plans to taper balance sheet drawdown as economy recovers. Powell's announcement signals confidence in economic outlook.

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Federal Reserve Maintains Key Rate, Anticipates 3 Rate Cuts

Federal Reserve maintains key interest rate, plans for future cuts to support economy.

Czech Republic Central Bank Cuts Interest Rate Amid Falling Inflation

Czech Republic's central bank cuts interest rates to boost economy amidst falling inflation rates. Global central banks monitor inflation trends for potent...

Now is not the time to do anything more to slow the economy – it’s already in danger of stalling

The Sahm rule lets us get in front of recessions – so alerts should be flashing in the Treasury and RBA

The Guardian - AU

Groundbreaking study reveals how AI is transforming the creator economy

"Almost every marketer has already commissioned AI content."

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Vietnam President Resigns, Economy Direction Uncertain

Vietnam President Resigns, Economy Direction Uncertain

Vietnam's president resigns, leaving the country's economic and political future uncertain. Investors and businesses watch closely for potential impacts on...

Chinese Internet Giant Tencent Posts Lowest Annual Profit Since 2019

Chinese Internet Giant Tencent Posts Lowest Annual Profit Since 2019

Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China's economy and a more lenient attitude taken by regulators towards the tech sector.

International Business Times

CEOs are more optimistic about the global economy because they expect interest rate cuts

CEOs are more optimistic about the global economy because they expect interest rate cuts

In a new poll, 27% of CEOs said they were optimistic about the global economy, up from 7% last fall.

Malaysia's Central Bank Urges Reforms As Economy Strengthens

Malaysia's Central Bank Urges Reforms As Economy Strengthens

Bank Negara Malaysia calls for reforms to strengthen economy, boost innovation, and ensure sustainability for Malaysia's economic growth.

Thailand Implements 'Digital Wallet' Handout Scheme For Economy

Thailand Implements 'Digital Wallet' Handout Scheme For Economy

Thailand's 'digital wallet' scheme enhances financial support through technology, fostering economic development and digital innovation.

Mexico Central Bank Likely To Cut Key Interest Rate

Mexico Central Bank Likely To Cut Key Interest Rate

Anticipated rate cut by Mexico central bank to stimulate economy and support recovery efforts amidst challenges.

The DOE Finalizes New Mileage Rules To Boost EV Sales

The DOE Finalizes New Mileage Rules To Boost EV Sales

The updated rules would allow carmakers to build more ICE cars through 2030, and still meet CAFE standards.

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The Guardian - UK

Labour to make fighting global heating a priority for Bank of England

Shadow chancellor to use annual Mais lecture to set out plans to green the economy if party wins election

Increased R&D spending to boost economy by $100 billion

Australia must increase research funding or lag behind the rest of the world, one of the nation's peak commercialisation scientists warns.

International Business Times

Will Positive Economic Outlook Stall Expected Fed Rate Cuts?

Rising confidence in the U.S. economy prompts skepticism about anticipated Federal Reserve rate cuts, raising doubts about future monetary policy adjustments.

Economy and Society, March 19, 2024: Appeals court pauses implementation of SEC climate rule

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

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India can sustain 8% GDP growth: RBI bulletin

India's economy poised for growth with 8% GDP, strong fundamentals, and investment opportunities in infrastructure and technology.

Bank Of Japan Raises Interest Rates After 17 Years

Bank of Japan raises benchmark interest rate for the first time in 17 years to support economic recovery and stability.

The Guardian - UK

Sunak and ministers stoking division over UK’s net zero target, warns Ed Miliband

Labour shadow energy minister will use speech to say Tory approach is also leading to higher bills

'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

BOJ To End Negative Interest Rates And Yield Curve Control

The Bank of Japan is changing its monetary policy by ending negative interest rates and yield curve control to stimulate the economy amidst global economic...

Green Hydrogen Emerges As Key Player In Global Energy Transition

Discover how green hydrogen, a renewable energy source, is reshaping global economy and decarbonizing hard-to-abate sectors. Explore the potential for a cl...

British Luxury Sector Worth 81 Billion Pounds Annually

Discover the significant impact of the British luxury sector on the UK economy and its potential for further growth.

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