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The Latest Breaking News from Economy

How Venezuela’s Nicolás Maduro outfoxed the west

The repressive leader has weathered an economic crisis, sanctions and an uprising. What should the US do with him now?

Financial Times

The Andrew RT Davies interview: Liz Truss, Brexit and my Twitter account

The Andrew RT Davies Twitter account has become a focal point in its own right given what appears on it — but the leader of the Welsh Conservatives stands by it

Wales Online

The U.S. housing market just took another hit

This week's seasonally adjusted Mortgage Purchase Application Index came in at the lowest level since 1995.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Big stores see how we spend. Here are 4 things they say about the economy

Retailers have dropped a flurry of financial reports. They paint a messy and conflicting picture about our consumer economy.

WEKU

Digital consumers to propel Asean

A rapid increase in digital consumers is expected to be a major driver for Southeast Asia's economy, which is projected to grow by 4.7% this year, according to consulting firm YCP Solidiance.

Bangkok Post

Labour will need more radical ideas to fix our broken society

Letters: Readers respond to an article by Jonathan Freedland on the prospect of a Labour government

The Guardian - UK

The surprising impotence of Fed rate hikes

Despite rising interest rates, the economy remains as robust as ever, with a five-decade low in unemployment rate and inflation far above the Fed's goals.

Axios

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Anas Sarwar says Labour is 'passionately pro-business' as he calls for help for tourism sector

The Scottish Labour leader visited the Barrowlands in Glasgow to call for more support for businesses in the nighttime economy.

Daily Record

Albanian opposition holds new rally to seek PM's resignation

Thousands of Albanian opposition supporters have protested anew in the capital Tirana, calling for the prime minister’s resignation for alleged corruption and mishandling of the small Balkan nation’s economy

The Independent UK

New Brexit deal will be better for Northern Ireland's economy than the protocol, research suggests

UK prime minister Rishi Sunak has said Northern Ireland will be “the world’s most exciting economic zone” due to its access to the EU single market under the latest post-Brexit trading deal between the EU and UK.

The Conversation

Saudi-Japanese Feasibility Study for Producing Clean Hydrogen for Local, Int’l Markets

Japan’s Marubeni Corp. has agreed to study clean hydrogen production in Saudi Arabia together with the Kingdom’s sovereign Public Investment Fund (PIF). Saudi Arabia, a leading oil-producing nation and a key player in the Organization of the Petroleum Exporting Countries, is looking to add other types of energy sources, including…

Asharq Al-Awsat

Caixin China New Economy Index Expands on Surge in Capital Investment

The gauge that tracks the size of high value-added industries such as biotech rose 1.2 points to 29.5 in February

Caixin Global

Singapore Airlines' paper serviceware trial criticised as cheap

Singapore Airlines (SIA) said that it will consider feedback from customers before it comes to a decision on the use of paper serviceware on its medium- and long-haul flights.

Bangkok Post

UAE GDP Grew 7.6% in 2022

The United Arab Emirates’ gross domestic product grew 7.6 percent in 2022 amid doubled economic growth, incoming foreign direct investment, and outgoing investment flows announced Minister of Economy Abdullah bin Touq. Bin Touq stated that the 100 percent full foreign ownership led to a significant increase in the demand for…

Asharq Al-Awsat

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The Conversation

Economic growth is fuelling climate change – a new book proposes 'degrowth communism' as the solution

I’m often told that degrowth, the planned downscaling of production and consumption to reduce the pressure on Earth’s ecosystems, is a tough sell. But a 36-year-old associate professor at Tokyo University has made a name for himself arguing that “degrowth communism” could halt the escalating climate emergency.

The National (Scotland)

Mhairi Black to address Plaid Cymru conference in Wales

SNP MP Mhairi Black will say that “real change will never come from Westminster” in the fraternal address to Plaid Cymru’s Spring Conference…

The Independent UK

New leaders, economy to dominate China's legislative session

The installation of new leaders and the need to shore up a flagging economy will dominate the annual session of China's rubber-stamp parliament that kicks off Sunday

AAP

V8s roar back in Adelaide with big economic boost

The return of Adelaide's V8 Supercars race back in December revved up the state's economy, generating a record financial return.

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news in one place.

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Insider UK

Scottish firms remain resilient, but investment needed for future growth

The Fraser of Allander Institute looks back at the last 25 years of monitoring the Scottish economy

Fortune

Elon Musk says that A.I. robots will eventually outnumber people: 'It’s not even clear what an economy means at that point'

Tesla's Musk expects humanoid robots to be deployed in industries and homes, tipping the ratio in their favor over humans.

Bangkok Post

Asia-Pacific GDP forecast to grow 3.1% in 2023

The Asia-Pacific region's economy is projected to expand 3.1% this year before dropping to 2.9% growth in 2024 as downside risks continue to pressure recovery, according to an analysis from an Asia-Pacific Economic Cooperation (Apec) research unit.

The Conversation

Why universities need to look beyond grades when admitting international students

International students play an instrumental role in the development of Canada’s current and future economy.

ABC News

Nouriel Roubini warns of stagflation crisis as interest rate surge sinks economy, not inflation

The man dubbed "Dr Doom", US-based economist Nouriel Roubini, is warning that the world faces a "perfect storm" of high inflation, rising interest rates and recession that will be "the worst of all worlds for workers".

The Independent UK

Brazil's 4Q22 GDP contraction signals challenge for Lula

Brazil’s economy contracted in the fourth quarter for the first time in over a year, according to data released Thursday by the country’s statistics institute

Daily Record

Fiona Hyslop MSP highlights importance of ensuring towns in her constituency can thrive

The Linlithgow Constituency MSP was talking at the debate brought to Parliament by the Economy and Fair Work Committee

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