The Latest Breaking News from Economy

Hunt’s speech pleases Tory faithful but is unlikely to resonate with voters

Cost of living crisis, rising unemployment and extended NHS waiting times will determine government’s chances in general election

The Guardian - UK · Oct 2, 2023

Glaciers can give us clues about when a volcano might erupt

Globally, there is about one volcano erupting each week. Volcanic unrest kills an average of 500 people every year and costs the global economy roughly US$7 billion (£5.7 billion). With one in 20 people living somewhere at risk of volcanic activity, every effort that can be made to improve the…

The Conversation · Oct 2, 2023

Argentina's economic crisis: whoever wins presidential election is on a collision course with the IMF

Argentina is heading to the polls on October 22 for a presidential election dominated by another profound economic crisis. In September, annual inflation in Latin America’s third-largest economy hit 124%, its highest since 1991.

The Conversation · Oct 2, 2023

Why hard-right libertarian Javier Milei wants to dollarise Argentina’s economy

Javier Milei, the "anarcho-capitalist" presidential candidate who took the lead in the August primaries with his "Liberty Advances" political coalition, owes much of his electoral success to his promise to dollarise the Argentine economy. Disoriented by hyperinflation and rising poverty, many Argentinians see the adoption of the US dollar as…

France 24 · Oct 2, 2023

Bank of Japan survey shows manufacturers optimistic about economy

Business sentiment among big Japanese manufacturers improved in July-September for the second straight quarter, according to a central bank survey

The Independent UK · Oct 2, 2023

Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted

Asian shares are mostly higher in thin trading with many markets closed for holidays

The Independent UK · Oct 2, 2023

The road is long and time is short, but Australia's pace towards net zero is quickening

This article is part of a series by The Conversation, Getting to Zero, examining Australia’s energy transition.

The Conversation · Oct 1, 2023

The Guardian view on Argentina’s presidential election: the danger to democracy is real

Editorial: Public spending hikes and pro-poor tax cuts might fix the economy and be popular enough to stop the far right

The Guardian - UK · Oct 1, 2023

3 Stocks to Buy if You Believe Jeffrey Gundlach's Prediction of an Impending Recession

Consumer staples stocks, such as Kroger and Sysco, can help you create a defensive moat for your portfolio if the U.S. economy enters a recession next year.

Barchart · Oct 1, 2023

Nigeria's leader increases wages to avert a strike that could shut down the government

Nigeria’s leader has increased the wages of some government workers in last-minute efforts to appease labor unions whose planned strike this week could shut down government offices in all sectors of Africa’s largest economy

The Independent UK · Oct 1, 2023