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The Latest Breaking News from Economy

Paraguayans see Pena as 'ideal' president to boost economy

Paraguayans on Monday were mixed about the prospects of another five years of conservative Colorado party rule, but hoped President-elect Santiago Pena could reboot the country’s farm-driven economy.

Reuters

Wales' Tory party leader insists he's not 'at odds' with Sunak after joining calls for HS2 funding

Andrew RT Davies spoke to WalesOnline about rail funding, trans rights and his claims that the economy is better thanks to Brexit

Wales Online

3 Stocks to Sell Before It's Too Late

Tighter lending standards and high interest rates will likely push the economy into a recession this year. Therefore, it could be wise to sell fundamentally weak stocks Owens & Minor (OMI), ASOS (ASOMY), and Kaleyra (KLR). Keep reading….

StockNews.com

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Fixing shortage of aged-care workers through migration has risks

Recruiting more temporary lower-skilled migrants to fill aged-care economy jobs increases the risk that they will be exploited.

The New Daily

Nottingham workers earning £5,000 less than national average

It was labelled 'deeply concerning'

Nottingham Post

Parties announce IT pitches to the public

Political parties' campaign platforms concerning IT policies should focus more on human resource development, equipping people with future skills and gearing the country for a digital economy in order to generate more jobs, say IT executives.

Bangkok Post

More than four-legged friends

Pets are often regarded as integral members of the family rather than merely animals.

Bangkok Post

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Tasmania regains top spot as best-performing economy, CommSec's State of the States report says

After one quarter in the sun, Queensland has been knocked off the top of CommSec's State of the States economic rankings, and overtaken by the island state, which now leads on three key indicators.

ABC News

Danger and deja vu: what 2011 can tell us about the US debt ceiling crisis

Congress appears to be facing its biggest debt standoff in years – and the consequences of default could be disastrous

The Guardian - US

Opposition bloc seeks to oust Paraguay's long-ruling party

An opposition coalition in Paraguay will seek to unseat South America’s longest-governing party in elections focused on corruption, the economy and health system problems

The Independent UK

TST announces plan to boost digital economy, young start-ups

The Thai Sang Thai Party (TST) has pledged to elevate Thailand's digital economy by offering government subsidies to newcomers and investing in them for future growth opportunities.

Bangkok Post

How war in Taiwan could mean the wheels come off the UK economy

Microchips are an issue, of course, but China also makes the alloy wheels our cars mostly roll on. And what about TikTok?

The Guardian - UK

Revealed: The great Brexit pubs and clubs shutdown

Number of hospitality venue closures soars six-fold in a year - triggered by EU staff shortages

The Independent UK

What is responsiveness in running shoes?

Responsiveness is a common feature of high performing running shoes these days, but what does it mean for you?

Advnture

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The Hindu

If T.N. can sustain its current average of 10% growth, it may reach USD 1 trillion economy benchmark by 2034: report

Tamil Nadu Chief Minister M.K. Stalin on Saturday inaugurated the national executive meeting of the Federation of Indian Chambers of Commerce and Industry (FICCI) and also released a FICCI – Deloitte Knowledge Paper on ‘Accelerating Tamil Nadu’s Progress to becoming a One Trillion Dollar Economy by 2030-31’.

Dynamite News

"India third largest ecosystem for startups globally, to overtake German economy by 2024 ": CDS General Anil Chauhan

Chief of Defence Staff General Anil Chauhan called India the third largest ecosystem for startups globally and hoped for India to become the fourth-largest economy overtaking Germany by 2024 while speaking at an event in New Delhi on Saturday. Read further on Dynamite News:

Bangkok Post

Consumers hold recession fears at bay

Heightened worries about the strength of consumers and the global economy have been put on hold -- at least for now -- after some of the world's best-known companies delivered a slew of better-than expected numbers.

Bangkok Post

KAsset is feeling bullish on China amid reopening

Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

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Bangkok Post

Elections offer respite as output dips

Election campaigns are expected to stimulate the economy briefly amid global economic uncertainties that are blamed for causing the Manufacturing Production Index (MPI) to dip by 4.56% year-on-year in March to 104.6 points, says the Office of Industrial Economics (OIE).

StockNews.com

The 3 Most Stable Stocks to Hold During Market Volatility

Fundamentally sound stable stocks such as Stantec (STN), ComfortDelGro Corporation (CDGLY), and Ituran Location and Control (ITRN), which offer steady returns, could help you stay afloat amid the persisting market volatility. Hence, these stocks could be ideal buy-and-hold options. Read on….

StockNews.com

3 Low-Rated POWR Stocks to Sell Immediately

The economic situation appears to be grim, with higher interest rates and the recent turmoil in the financial system causing sluggish growth in the first three months of this year. Hence, it could be wise to avoid struggling stocks Pliant Therapeutics (PLRX), Local Bounti (LOCL), and Kiromic BioPharma (KRBP). These…

The Conversation

The Federal Reserve and the art of navigating a soft landing ... when economic data sends mixed signals

With inflation easing and the U.S. economy cooling, is the Federal Reserve done raising interest rates? After all, gently bringing down the trajectory of prices without crashing the economy was the central bank’s objective when it began jacking up rates over a year ago.

The Independent UK

Mexico's economy grew 1.1% in 1st quarter, 3.8% year on year

Mexico’s economy grew by 1.1% in the first quarter of 2023, bringing growth to an annualized rate of 3.8% compared to the same period of 2022

Barchart

Coffee Prices Under Pressure from Demand Concerns

July arabica coffee (KCN23 ) this morning is down -1.95 (-1.04%), and July ICE robusta coffee (RMN23 ) closed down -11 (-0.46%). Coffee prices this morning are moderately lower, with arabica falling to a 2-1/2 week low. Coffee prices are lower on concern that a slowdown in the global economy...

Fortune

How health care leaders are leveraging technology in a tumultuous economy

Making health care accessible and equitable is the goal.

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