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The Latest Breaking News from Economy

German Emissions At 70-year Low As Coal Use Drops

German emissions were at their lowest point in around 70 years, as Europe's largest economy managed to reduce its dependence on coal faster than expected, a study published Thursday showed.

International Business Times

With 2024 being a UK election year, the opposition wants an early vote. PM Rishi Sunak is in no rush

The politician favored to become Britain’s next prime minister has kicked off an election year by accusing the governing Conservatives of leading the country into decline and despair

The Independent UK

Keir Starmer takes pop at 'divisive' SNP and 'populist' Tories in New Year's speech

KEIR Starmer took a pop at the “divisive” SNP during a speech setting out his stall ahead of the General Election.

The National (Scotland)

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Starmer signals Labour would scale back £28 billion green economic plan if it busts borrowing limits

The Labour leader and Rishi Sunak both hit the road for regional visits as the parties gear up for what will effectively be a ten-month campaign ahead of an autumn election

Evening Standard

This town wants to be named the quinceañera capital of Texas

Diboll’s growing Hispanic population has inspired a new economy of party planners and DJs to produce quinceañeras. City leaders are taking notice.

The Texas Tribune

Germany's CO2 emissions are at their lowest in 7 decades, study shows

A study shows that carbon dioxide emissions in Germany, Europe’s biggest economy, dropped to their lowest level in seven decades

The Independent UK

Where the Republican presidential candidates stand on the economy

GOP presidential hopefuls know that the economy is an important issue — if not the top issue — for voters. That means it's a big talker on the campaign trail and a focus area for winning votes.

WEKU

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One year on, is Rishi Sunak fulfilling his five promises to voters?

Prime minister pledged to halve inflation, grow economy, cut national debt, lower NHS waits and ‘stop the boats’

The Guardian - UK

Democratic Gov. Andy Beshear calls for unity in GOP-leaning Kentucky to uplift economy, education

Democratic Gov. Andy Beshear has reached across the partisan divide to urge a cohesive effort with Republican lawmakers to uplift Kentucky's economy, education and health care

The Independent UK

Argentine court suspends labor changes in a blow to President Milei's economic plan

A court in Argentina has delivered a blow to labor rule changes announced by President Javier Milei as part of sweeping deregulation and austerity measures aimed at reviving the country’s struggling economy

The Independent UK

Positive Impacts of Social Media to The Economy

Social media has become an important part of people's daily lives. It plays an important role in shaping how we connect, interact, and communicate with others. Through social media, other industries such as online casino sites like Gen77 have also ...

USA Today Sports Media Group

US national debt reaches trillion, sparks concerns for economy

America's national debt has reached a staggering trillion, raising concerns about the sustainability of the country's fiscal situation. Can political p...

Top News

What is the Red Sea crisis, and what does it mean for global trade?

Attacks by Houthi rebels along the trade route have led to firms pausing shipments, raising the possibility of a shock to the world economy

The Guardian - UK

Global triggers: why these five big issues could cause significant problems in 2024

The tensions between the US and China made the global economy shudder in 2023. The ramifications of the Ukrainian war echoed beyond the country’s border. In Africa, the coup d’état in Niger and Gabon contributed to the global democratic retreat of recent years and the Hamas/Israel conflict has so far…

The Conversation

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Barchart

Can China Woo Back Foreign Investors?

The Chinese government’s mixed messages are whipsawing markets and keeping foreign investors wary of investing in China. Last year, Chinese President Xi Jinping tried to woo back foreign capital while also trying to reshape China’s business environment. President Xi is attempting to promote policies that will revive an economy that...

Reason

Former Arizona Gov. Doug Ducey Loves Barry Goldwater and Milton Friedman

The former governor argues that beating up on businesses "is only sharpening the knife that the left will eventually use on us."

Barchart

2024 Stock Market Prediction: Watch Out for These 3 Risks

While analysts' predictions for U.S. stocks calls for mid-single digit returns in 2024, there are several risks that investors need to watch out for after last year's surprise rally.

Evening Standard

There's still one glimmer of hope left for our sluggish economy

City Comment: It will probably not be enough to keep Rishi Sunak in power — but it might at least stave off the landslide that currently looks inevitable

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International Business Times

AI Threatens To Turn The Service Economy Into A Winner-Take-All Game

The rapid deployment of Artificial Intelligence (AI) applications, computer systems that mimic human intelligence, could turn the service economy into a winner-take-everything game.

The National (Scotland)

Here’s how many of Rishi Sunak’s five key pledges have been met one year on

RISHI Sunak is failing to deliver on most of the five key pledges he made a year ago which he said his government should be judged on, a report says.

Latin Times

Argentina Close To Reaching Agreement With IMF Over Review Of $44B Loan Program

The $44 billion loan program agreement is aimed at providing financial assistance to Argentina to stabilize the country's economy and address its economic challenges such as inflation, fiscal deficits, and debt repayment.

International Business Times

Asia Tracks Global Losses As Stock Traders Step Back After Rally

Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data.

The Independent UK

Biden’s biggest weakness and biggest strength going into 2024

His biggest weakness is a lack of enthusiasm while Biden’s biggest asset is people are starting to feel better about the economy

Fortune

The EU economy beats the U.S.'s—if you look at the right data

An economist argues that we're using misleading data for EU vs. U.S. comparisons.

The Guardian - AU

Golden zone: could Australia’s economy pull off a miracle in 2024?

Signs suggest inflation and interest rates may fall considerably without killing growth or employment. The government will be desperately hoping so

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