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The Latest Breaking News from Economy

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.

Top News

Pakistan Central Bank Maintains 22% Interest Rate

State Bank of Pakistan maintains 22% interest rate to stabilize economy amidst challenges like inflation and currency depreciation.

Top News

Russia withstands Western sanctions as war economy proves profitable

President Vladimir Putin has been re-elected to a fifth term in office after a vote in which he faced no real opposition. Since the full-scale invasion of Ukraine in February 2022, Russia has become the most sanctioned country in the world. But the Russian economy has proven surprisingly resilient, with…

France 24

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Are Migrants Harmful to the U.S. Economy? On the Contrary, Reveals a New Study

As new waves of immigration reach the U.S., new discourse of their effect on the economy emerges. Despite controversy, the impact seems to not be detrimental

Latin Times

China Retail Sales Show Shaky Economic Recovery

The performance of China's economy in the first two months of 2024 was mixed, official figures showed Monday, with sluggish household consumption alongside increased industrial production reflecting an uneven recovery.

International Business Times

EU Announces Billion Aid Package For Egypt

EU unveils billion aid package for Egypt to boost economy and manage migration pressures.

Top News

Talk of a soft landing for the global economy is premature – many dark scenarios are lurking

Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street

The Guardian - UK

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The UK economy is a long way from blossoming despite glimmers of hope

A deeper recession was avoided only thanks to record immigration, and the MPC is bound to be cautious about cutting interest rates

The Guardian - UK

Britain doesn’t need ‘reform’. It just needs to rejoin the EU

Well-intentioned moves are afoot to ‘overhaul the machinery of government’. But it’s the policies that are the problem

The Guardian - UK

Cash rate likely on hold in 'straightforward' call

No change in interest rates is expected when the Reserve Bank meets this week and the case to hike further will likely be discussed despite a weak economy.

AAP

India to be third top economy in few years, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman emphasizes India's need for economic freedom to achieve developed nation status by 2047.

The Hindu

How Inflation, Deflation and Other 'Flations' Impact Your Stock Portfolio

There are five different types of "flations" that not only impact the economy, but also your investment returns. Here's how to adjust your portfolio for each one.

Kiplinger

Senegal's opposition hopes promise of new national currency will win votes

The economy is expected to prove a key issue in Senegal's upcoming presidential election. With campaigning for the 24 March polls in full swing, the opposition coalition says replacing the colonial-era CFA franc with a national currency would be the best way to tackle inequality and boost employment.

Radio France Internationale

After two years of war, Russian economy proves resilient – but for how long?

Despite several rounds of sanctions levied by Western powers over the war in Ukraine, the Russian economy registered strong growth in 2023 after a recession the previous year. Fuelled by increased public spending – particularly military spending – other industrial sectors also benefited from the war in Ukraine, with the…

France 24

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Peru Economy Grows Below Expectations In January

Peru's economy grew in January, facing challenges from the pandemic. Efforts to recover and stimulate growth are ongoing for a resilient and inclusive economy.

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Brazil's January Job Creation Exceeds Expectations

Brazil's economy shows resilience with a surge in formal job creation in January, exceeding expectations and signaling potential growth.

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China's February Bank Loans Dip, Record Low Lending Growth

China's new bank loans hit a record low in February, raising concerns about economic growth and the need for policy intervention.

Top News

Germany Economy Outlook: No Recovery In Sight

Germany's economy faces challenges with slow recovery, uncertainties, and fragile consumer confidence. Ministry warns of ongoing struggles and uncertaintie...

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news in one place.

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Top News

Japan Nearing End Of Negative Interest Rates, BOJ Exit Likely

Japan's economy at a crossroads as Bank of Japan considers exiting negative interest rates, with potential implications for growth and stability.

Top News

Japan Economy: Deflation Over, Strong Wage Hike Trend

Japan's economy sees recovery with wage hikes and end of deflation, signaling stability and growth.

Top News

New Zealand Warns Of Slower Economic Growth Ahead

Learn about the challenges facing New Zealand's economy and the measures being taken to stimulate growth and boost investor confidence.

Evening Standard

Tiger Tiger and the reasons why London's late-night economy is in crisis

Pricey pints, mass pub and club closures, venue curfews, licensing restrictions and a struggling late-night transport infrastructure are killing London’s buzz, says El Hunt — when did the capital stop being fun after dark?

International Business Times

Economic Hard Times Make Swedes Cut Back On Drinking

A slumping economy gave Swedes less to cheer about last year as alcohol consumption fell the most in nearly a decade in the Nordic country, excluding the 2020 pandemic, research showed Friday.

Al Jazeera

As Putin eyes sure reelection, Russia’s economy defies sanctions, critics

Russian president’s all but guaranteed fifth term in power comes as economy has outperformed expectations.

Caixin Global

Weekly Must-Read: Why China’s Efforts to Resolve Hidden Government Debt Could Fall Short

At worst, measures could further inflame the problem, promoting more off-the-books borrowing and increasing risks to economic and financial stability in the world’s second-largest economy

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