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The Latest Breaking News from Economy

Five key things we learned from Humza Yousaf's speech to SNP conference

FIRST Minister Humza Yousaf placed a distinct emphasis on the NHS, the economy and helping people through the cost-of-living crisis in his speech to…

The National (Scotland)

Academics challenge Starmer to accept Israel’s siege of Gaza is against international law – UK politics live

Labour urged to clarify its position on collective punishment by 39 academics who say party must confirm it ‘opposes the commission of war crimes’

The Guardian - UK

UK regular pay rising faster than inflation again; Goldman Sachs profits fall by a third – as it happened

Basic pay outpaces inflation for the first time in almost two years, but fall in vacancies suggests jobs market is cooling

The Guardian - UK

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Best economy rate, most wickets: Indian bowlers on song after 14 matches in ICC World Cup 2023

NEW DELHI: India aren't just leading the points table with an unbeaten run so far in the ICC World Cup 2023, but the team is also asserting its dominance in the bowling department.

The Times of India

UK economy in ‘horrible bind’ as recession looms with no room for tax cuts, say experts

Britain in for ‘protracted period of high taxes and tight spending’, says Institute for Fiscal Studies

The Independent UK

Borrowing Surges Among Private Shenzhen Enterprises

Tech hub in southern China’s Guangdong — the country's hottest economy — shows reviving business confidence as supportive policies take hold

Caixin Global

Tories have no room for tax cuts despite £52bn a year stealth rise, says IFS

UK stuck between weak economic growth and risk of persistently high inflation, says thinktank

The Guardian - UK

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UK economy in ‘horrible’ bind with no room for tax cuts as recession looms – IFS

Britain is heading towards a recession next year as borrowing costs stay elevated, the IFS warned in its latest Green Budget.

The Independent UK

Humza Yousaf to pledge £300 million to cut NHS waiting lists in Scotland

The Scottish First Minister will also use his speech to the SNP conference to insist support for independence can increase to a ‘sustained majority’.

The Independent UK

Taylor Swift’s Eras Tour Generates Billions, Boosts Economy

Swift's record-breaking concert series pumps billions into sectors from hospitality to retail, with projected earnings surpassing GDP of smaller countries.

Zenger

International experts to feature in Keraleeyam seminars

Keraleeyam 2023: 20+ int'l experts to lead 25 seminars. Robin Jeffrey, Patrick Heller to discuss Kerala economy. Richard A. Cash to lecture on pandemic. Prakash Kalarickal, Glenn Denning to speak on dairy, food security. World Bank's Dilip Ratha, Rajai Jureidhini from Hamad Bin Khalifa Univ. to join.

The Hindu

It is the responsibility of every citizen to see that India becomes the world’s third largest economy: Governor

Gov. Gehlot urges citizens to strive for India's past glory, stressing the need to protect the environment and improve the economy of animal husbandry and fishing. He highlighted the importance of agriculture, saying it can create investment and employment opportunities. 837 students received convocation certificates and 128 gold medals were…

The Hindu

BRS is running Telangana like a private limited company, says Rajnath Singh

Rajnath Singh accuses BRS of running Telangana like a "private limited company steeped in corruption and nepotism". He praises Eatala Rajender for winning Huzurabad bypoll despite alleged abuse of power. India is the 5th largest economy and will become 3rd largest by 2027-28. Bhu Svamitva scheme to facilitate determination of…

The Hindu

Are These 2 Beaten-Down REITs Worth Buying for Their High Dividend Yields?

These tower REITs look to offer compelling value after their catastrophic implosions, though the current macroeconomic environment poses plenty of challenges.

Barchart

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The Conversation

Kenya's cost of living crisis: expert unpacks what's driving it and what should be done

Kenyans are grappling with the high cost of living. Policy analyst Adan Shibia led a technical team that prepared a recent report on the state of Kenya’s economy. We asked him to unpack what’s driving costs, who’s affected and what can be done about it.

The Independent UK

Even with economic worries, Vivid Seats CEO says customers still pay to see sports and hair bands

Strong spending by consumers has been a linchpin keeping the U.S. economy out of a recession, and Vivid Seats CEO Stan Chia doesn't see demand in his industry falling off

The Hindu

Some trains to get one additional general second class coach and lose one AC three-tier economy coach

SWR to augment/de-augment 28 trains for Dasara; Train No. 17347/17348 SSS Hubballi-Chitradurg-SSS Hubballi Daily Express partially cancelled. SWR to augment 28 trains with additional coaches for Dasara. Slight revision in timings of Train No. 17332 Hubballi-Miraj Daily Express between SSS Hubballi and Desur.

The Guardian - UK

Rich nations, the IMF and World Bank are worried about the Israel-Hamas war, but not nearly enough

Just like the Yom Kippur war 50 years before, the current conflict represents a grave threat to an already fragile global economy

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The Guardian - UK

The Observer view on Keir Starmer: Labour is ready to govern, but can it deliver on growth without spending?

As it stands to inherit a country and economy that is on its knees, the party will need to navigate fiscal caution with offering voters hope

AAP

All eyes on jobs data as marker of economic health

Fresh jobs data will offer key insights into the health of the economy as the Reserve Bank tries to navigate its soft landing.

Salon

"Dire" humanitarian crisis in Gaza

As Israel prepares to invade and orders civilians to leave, life for Gaza residents can only go from bad to worse

The Hindu

Kumarakom ushers in its first full-scale tourism season with enthusiasm

Kumarakom is bouncing back from pandemic-induced challenges with an influx of tourists, hotels & house boats receiving forward bookings & RT Mission witnessing an unprecedented surge in bookings. Local economy is stimulated as house boat operators, crew & traders are eager to regain lost ground.

The Guardian - US

‘He acts like Wolverine’: who is Javier Milei, Argentina’s presidential frontrunner?

The hard-right libertarian has brandished a chainsaw on the campaign trail, found fame on TV scrutinizing the economy and evangelizing about tantric sex, and appears poised to win

The Independent UK

Evolving crisis fuels anxiety among Venezuelans who want a better economy but see worsening woes

Venezuelans have come to feel the decade-long crisis that undid their country as one numbingly featureless expanse of struggles

Fortune

JPMorgan Chase CEO Jamie Dimon warns the Israel-Hamas conflict ‘may have far-reaching impacts’ on the economy. ‘This may be the most dangerous time the world has seen in decades’

“Last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships,” Dimon warned.

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