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The Latest Breaking News from Economy

Economist Santiago Bausili To Become Argentina's Central Bank Chief Under Milei Administration

The economist is known to be a close ally of Luis Caputo, who is the incoming economy minister.

Latin Times

November Jobs, Unemployment And Wages: What To Expect

Wall Street expects the U.S. economy to have created somewhere between 160,000 and 185,000 jobs in November, based on two forecasts published by Trading Economics.

International Business Times

Stock market today: Asian shares surge as weak US jobs data back hopes for an end to rate hikes

Asian shares have advanced after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy

The Independent UK

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Why can’t British Gas install a smart meter that works?

We’ve been waiting more than two years for all of our problems to be solved

The Guardian - UK

ASX skyrockets as economy shows sign of weakness

The ASX200 made its biggest daily gain in more than a year as lower-than-expected GDP growth signals the RBA's rate rises are having their intended effect.

AAP

Australia’s economic growth slows, reducing chance of another interest rate rise next year

Economy grows more slowly than expected, with consumer spending flat under the pressure of high interest rates

The Guardian - AU

Opposition questions Centre’s inaction on issues of unemployment, price rise in Rajya Sabha

Opposition questions Union government performance in economy, BJP defends Centre, citing electoral victories. Chidambaram focussed on unemployment, price rise & inequality. O'Brien & Reddy raised issues of price rise & trade deficit

The Hindu

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The Ambedkar touch in rethinking social justice policies

It is an appropriate time to imagine how the worst-off social groups can become an integral and substantive part of the new economic order

The Hindu

Why the UK economy is in such a state – and even the Labour party doesn’t seem to get how bad things are

The Labour leader Keir Starmer has warned that if his party wins the next UK general election, he will not be able to “turn on the spending taps”. Speaking at a thinktank event focused on the stagnation of the UK economy, he said the country was “in a hole” after…

The Conversation

Economy weakens as rising costs take toll on households

The Australian economy almost came to standstill last quarter, with clear signs of financial pain in the household sector.

AAP

Moody’s cuts China credit outlook to negative as economy slows

Rating agency says Beijing may need to bail out local governments as property sector collapses

The Guardian - UK

Israel’s use of disproportionate force is a long-established tactic – with a clear aim

The strategy goes well beyond defeating an opponent: it seeks to destroy key infrastructure and the economy, says academic Paul Rogers

The Guardian - UK

UK has high rate of teenagers missing meals due to poverty, OECD says – as it happpened

One in 10 UK 15-year-olds (11%) told the OECD they had missed meals because of poverty

The Guardian - UK

LinkedIn report shows labour market heading for 'green skills' shortage

Professional networking platform LinkedIn's annual "green skills" report tracks how the labour market is facing up to the challenge of building a sustainable economy. This year, the number of people with skills that are useful in transforming the economy grew by a median of 12.3 percent, which is outpaced by…

France 24

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StockNews.com

Analyzing the Potential of 3 China Stocks - Buy, Hold, or Sell?

Despite facing multiple challenges, China's economy has displayed commendable resilience over recent years. Given the policy actions undertaken to stabilize the Chinese economy this year, let us ascertain which China stocks among H World Group Limited (HTHT), New Oriental Education & Technology Group (EDU), and X Financial (XYF) are worth…

The Independent UK

Moody's cuts China credit outlook to negative, cites slowing economic growth, property crisis

Credit rating agency Moody’s has downgraded its outlook for Chinese sovereign bonds to negative, citing risks from a slowing economy and a crisis in its property sector

International Business Times

Moody's Downgrades Outlook On China Credit Rating Over Debt Fears

Ratings agency Moody's on Tuesday downgraded the outlook on China's credit rating to "negative" from "stable" on the back of rising debt in the world's second-largest economy, with Beijing saying it was "disappointed" by the move.

The Independent UK

Stock market today: Asian shares slip ahead of key US economic reports

Asian shares declined Tuesday on heavy selling of property and technology shares

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The Guardian - UK

I’ve got news for those who say Brexit is a disaster: it isn’t. That’s why rejoining is just a pipe dream

Many still hanker for how things were: but looking across the Channel, it’s completely illogical to do that, says Guardian columnist Larry Elliott

The Guardian - UK

The Guardian view on a dismal inheritance: the UK does not need another bout of austerity

Editorial: Fixing a broken economy with service-led growth and increases in public investment as well as welfare spending should be seriously considered

The Guardian - UK

The broken state of UK economy is clear; Hunt and Starmer’s solutions are less so

Resolution Foundation report underlines lack of progress by Tories but Labour proposals seem woolly

Kiplinger

What Consumers Spent a Record $18.86 Trillion On

Consumers are spending more than ever, although a lot can be chalked up to high inflation, low unemployment, and an economy that’s stronger than expected

Fortune

Depression is costing the global economy a 'profound' $1 trillion per year, warns U.S. Surgeon General

5 ways workplaces can support employee mental health.

Bored Panda

“I Don’t Think I’ll Ever Get A Job Again”: High Schooler’s Realization About Taxes Goes Viral

Amber Marie is a 23-year-old high school English teacher who just witnessed one of her students get a lesson on the economy.

France 24

Niger’s repeal of migrant smuggling law worries EU over efforts to curb immigration flows

Niger’s junta on November 27 revoked a 2015 law aimed at curbing migration through a key route in the West African country. While the European Union warned that the decision could lead to an increase in migratory flows to Europe, the decriminalisation of Niger's migrant-smuggling trade could benefit the local…

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