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The Latest Breaking News from Economy

Labour ‘must spend billions on welfare or poverty will soar’

Britain’s benefits system needs urgent reform, at a cost of £12bn, charities and experts warn

The Guardian - UK

Forty years on from the miners’ strike, unions are flexing their muscles

While numbers may not have fully recovered the climate is now in very much in trade unions’ favour

The Guardian - UK

Royal Mail sued by delivery drivers in ‘Uber-style’ gig economy legal case

Parcelforce couriers have gone to court for the right to be classed as workers rather than self-employed owner drivers

The Guardian - UK

From analysis to the latest developments in health,
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Economy Another Victim Of War In Impoverished Sudan

Before the Sudanese army and paramilitary fighters turned their guns on each other last year, Ahmed used to sell one of Sudan's main exports: gum arabic, a vital ingredient for global industry.

International Business Times

Higher education revamp to 'lift handbrake on economy'

A sweeping new blueprint could make higher education easier to attain as Australia grapples with demand for skills of the future.

AAP

As Ukraine’s economy burns, Russia clings to a semblance of prosperity

Kyiv could require $500bn to get the country back on its feet. But Moscow has so little debt that even sanctions have not done much damage … yet

The Guardian - UK

How Israel’s war on Gaza is bleeding Egypt’s economy

As tourism, gas exports and Suez Canal revenues suffer, the Rafah crisis could make things worse, experts say.

Al Jazeera

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South Africa's ANC Kicks Off Election Season As Zuma Lurks

South Africa's ruling ANC kickstarts its election campaign Saturday for polls on May 29, facing its worst result ever amid high unemployment, a sluggish economy and a challenge from its former leader.

International Business Times

Changing the growth paradigm

Rather than trying to catch up with rich countries on their historical development paths, India should take advantage of its present realities.

The Hindu

Two years after Putin ordered a war on Ukraine, what’s changed in Russia?

Fears have risen on the border near Ukraine, but life is normal for most as Putin prepares for a predictable election.

Al Jazeera

Kerala government aims to set up a playground in each ward, says Chief Minister Pinarayi Vijayan

Kerala government aims to provide playgrounds in every ward, emphasizing sports economy and IT sector growth.

The Hindu

3 Trending China Stocks to Consider

Despite facing several challenges over the past few years, the Chinese stock market looks well-positioned to perform well. The Chinese government and securities regulator have taken several corrective steps to boost the economy and the securities market. Given this backdrop, investors could consider buying fundamentally strong Chinese stocks Xunlei (XNET),…

StockNews.com

Germany's Economy Struggles Amid Pessimism And Headwinds

Germany's businesses grapple with low sentiment, labor shortages, and economic challenges amidst political discord and fiscal constraints.

Top News

Country will witness new development in next five years: PM Modi in Kashi

He said that when India has been hailed for its prosperity, it is not only the economy but also cultural, spiritual and social prosperity that's been lauded. Read further on Dynamite News:

Dynamite News

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news in one place.

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International Business Times

AI Could Solve The Inflation And Growth Problems Of The World Economy — A Bullish Trend For Bonds And Stocks

"The notion of a virtuous cycle—wherein improvements in one domain precipitate enhancements across others—is particularly salient," said Patrick Fan, professor of business analytics at the University of Iowa's Tippie College of Business and an AI expert.

Top News

US Government Debt Trajectory To Push Long-Term Yields Higher

PIMCO predicts US government debt will drive up long-term yields, impacting interest rates and the economy.

Top News

Hyundai To Invest Hyundai To Invest Top News.1 Billion In Brazil, Confirms Lula.1 Billion In Brazil, Confirms Lula

Hyundai's Hyundai To Invest Top News.1 Billion In Brazil, Confirms Lula.1 billion investment in Brazil boosts the economy and strengthens bilateral relations, driving innovation in the automotive industry.

Barchart

Dollar Slips as the S&P 500 Rallies to a Record High

The dollar index (DXY00 ) on Thursday fell to a 2-1/2 week low and finished down -0.04%. Thursday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar. Losses in the dollar were limited by signs of strength in the U.S. economy after weekly...

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Barchart

Crude Prices Climb on U.S. Economic Strength

April WTI crude oil (CLJ24 ) on Thursday closed up +0.70 (+0.90%), and Apr RBOB gasoline (RBJ24 ) closed up +3.67 (+1.45%). Crude oil and gasoline prices on Thursday posted moderate gains. Signs of strength in the U.S. economy supported energy demand and crude prices after Thursday's news showed weekly...

The Hindu

The next frontier: On India’s space sector

The government has taken the logical next step in spurring the contributions of private space flight operators, technology-developers, and application designers to the national space economy

The Hindu

Karnataka Assembly adopts resolution condemning ‘stepmotherly’ attitude of Centre

Karnataka Legislative Assembly condemns Centre's alleged injustice in fund allocation, citing huge financial losses and biased treatment.

Barchart

Crude Prices Supported by U.S. Economic Strength

April WTI crude oil (CLJ24 ) this morning is up +0.45 (+0.58%), and Apr RBOB gasoline (RBJ24 ) is down -0.32 (-0.13%). Crude oil and gasoline prices this morning are mixed. Signs of strength in the U.S. economy are supporting energy demand and crude prices after weekly jobless claims fell...

AAP

Taylor Swift takes to the stage, fans, PM, go wild

Taylor Swift has taken to the stage in Sydney in cooler temperatures as the city was treated to a surprise shower after the mercury earlier peaked at 36C.

Top News

South Africa To Utilize Contingency Reserves, Says Finance Minister

South Africa plans to use contingency reserves to support the economy during global uncertainties, emphasizing financial stability and growth.

Top News

Euro Zone Business Activity Shows Growth In February

Eurozone business activity shows growth in February, indicating a positive economic outlook with challenges ahead.

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