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The Latest Breaking News from Economy

NT agribusiness strategy eyes new cropping, cotton gins in aim to grow sector to $2 billion

The NT government's strategy proposes changing laws to allow pastoral leases be used for growing crops, as environmental groups accuse the government of again acting recklessly to grow the economy.

ABC News

State financial officers inquire about ESG

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

‘Greedflation’ takes a turn: Republicans’ hatred of Joe Biden’s economy makes them easy prey for ‘profit-led inflation episodes,’ UBS chief economist says

Look closely at the Michigan consumer sentiment data, Paul Donovan says: “The detail is hilarious…The two groups appear to be living on different planets.” It was flipped under Trump.

Fortune

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

Is Chevron a Buy With Latest Deal for Shale Growth?

Chevron’s all-stock deal to buy PDC Energy looks like a slam dunk. The only fly in the ointment for the oil giant is an uncooperative economy combined with a lower price per barrel of oil.

Barchart

Why GDP doesn't work, and what Scotland should replace it with

LAST week the Beyond Growth Conference, the biggest European conference to discuss an alternative economic model, took place in Brussels. Over…

The National (Scotland)

War Thunder fans organise extraordinary review bombing campaign over reverted economy changes, studio pleads: 'If your goal is not to hurt the game, please use other, less destructive ways'

"It's become pretty well as bad as most Gacha games."

PC Gamer

Safeguarding economy a priority, Dutch foreign minister says in China

Safeguarding the Dutch economy and cyberspace is a priority for the Netherlands, Deputy Prime Minister and Foreign Minister Wopke Hoekstra said in China on Tuesday as Western governments adopt an increasingly defensive stance towards Beijing.

Reuters

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Why the panic over rising immigration? The post-Brexit system is working

Wages remain a problem, but rising numbers of skilled non-EU workers appear to be helping the NHS, social care, and indeed the overall UK economy, says Jonathan Portes of King’s College London

The Guardian - UK

3 Buy-Rated China Stocks to Supercharge Your Portfolio

After lifting its strict pandemic restrictions, the Chinese economy has rebounded strongly, driven by consumer spending. Analysts expect the country to continue growing this year. Given this backdrop, it could be wise to buy promising China stocks Vipshop (VIPS), New Oriental Education & Technology Group (EDU), and Weibo (WB). These…

StockNews.com

Degrowth isn't the same as a recession – it's an alternative to growing the economy forever

The UK economy unexpectedly shrank by 0.3% in March, according to the Office of National Statistics. And though the country is likely to narrowly avoid an official recession in 2023, just as it did the previous year, the economy is projected to hit the worst growth rates since the Great…

The Conversation

OPINION - The latest Suella saga shows us just how weak and desperate Sunak is

I am rapidly concluding that Rishi Sunak is, in fact, a malfunctioning protocol droid from the Star Wars universe: C3PM. In response to almost any question, he robotically answers with his “five pledges”. What would you like for your main course, Prime Minister? “We will halve inflation, grow the economy...”

Evening Standard

Pita promises reasonable wage rise, capped power tariff

Move Forward leader Pita Limjaroenrat said on Tuesday a coalition government under his leadership would ensure a reasonable annual increase in the minimum wage without damage to industry and the economy.

Bangkok Post

India poised to catapult to forefront of digital innovation with thriving digital economy, tech use: U.S. Ambassador Eric Garcetti

“India with its vast population, thriving digital economy and technology use is poised to leverage transformative power of 5G, and in future 6G, to catapult itself to the forefront of digital innovation” U...S Ambassador to India, Eric Garcetti said on May 23

The Hindu

The Welsh Government is completely disinterested in job creation

Welsh Conservative Shadow Economy Minister and MS Paul Davies says Labour has governed in Wales as an anti-business party

Birmingham Post

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The Independent UK

How Turkey's president maintains popularity despite economic turmoil

The Turkish people and economy are being pummeled by sky-high inflation, and many are still recovering from a devastating earthquake made worse by a slow government response

The Conversation

Will Jim Chalmers' budget drive up inflation? Not likely – and here's why

The proposition that cutting prices will stoke inflation is a hard one to get your head around, even if you are an economist.

Fortune

‘Dear Jay’: Jefferies strategist writes an apology letter template for all the ‘haters’ who doubt the Fed chair and his inflation fight

Jefferies’s David Zervos says Jerome Powell’s critics are nothing more than “Armageddonistas” who are “in desperate need of a fresh beatdown.”

Bangkok Post

Warning over household debt surge

The National Economic and Social Development Council (NESDC) warns that Thailand's ballooning household debt will become a serious problem if employment and the economy decelerate, says secretary-general Danucha Pichayanan.

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news in one place.

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The Independent UK

People are calling for couple to divorce after husband flies first class and leaves wife in coach

‘This is grounds for immediate divorce,’ tweeted journalist Lydia Polgreen

The Hindu

Karnataka’s new, yet daunting, journey to development

Karnataka needs to get down to the business of governance with well-thought-out policy

The Guardian - UK

‘Not something I’m proud of’: six Greeks explain their election choice

Economic policies seemed to swing it with voters as PM’s party finishes 20 percentage points ahead of the left opposition

Barchart

Why Papa John’s (PZZA) Unusual Options Volume Could Be an Early Warning Indicator

As a filling, low-cost fast-food option, Papa John’s should really thrive even during a tough economy. That PZZA stock is an underperformer may pose a broader warning.

The Guardian - US

Debt ceiling showdowns aren’t new – but this time gonzo Republicans are ready to blow up the economy

Republicans like Marjorie Taylor Greene and nihilists like Trump are more committed to gaining power than to cutting the government debt

Daily Mirror

Woman urged to divorce her husband who ditched her for First Class flight

A woman said that her husband paid for himself to enjoy all of the luxuries and pampering of first class while leaving herself and their children in economy class

Daily Mirror

'My selfish husband flies first class while I sit in economy with our kids'

A woman has revealed how her 'selfish' husband books himself a first class ticket when travelling overseas while she sits in economy with their children - and now strangers are urging her to get a divorce

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