The Latest Breaking News from Economy

Alarm over sharp fall in London business growth

London’s powerhouse economy is starting to feel the impact of successive interest rate rises but remains thefastest growing in the UK, a new survey reveals today.

Evening Standard · Aug 14, 2023

Countryside business boom as almost 100,000 new rural firms launched

The countryside economy was in ‘good health, generating billions for the economy and supporting millions of jobs’, experts said.

The Independent UK · Aug 13, 2023

Proportional representation system need of the hour in India: Parakala Prabhakar

Political economist Parakala Prabhakar advocates proportional representation for India. He argues that FPTP system has weakened democracy, economy and secularism. He cites Farm Bills' passage and withdrawal without any meaningful debate as example. Binoy Viswam calls for electoral reforms and the right to recall non-performing MPs/MLAs.

The Hindu · Aug 13, 2023

Trade deficit in danger of being sidelined in UK’s fight against inflation

Only serious, long-term business investment will help structural problems and inequalities

The Guardian - UK · Aug 13, 2023

BJP gave RLD 'respect', any decision on forging alliance to be taken by leadership of both parties: U.P. Minister

RLD alliance with BJP in 2009 LS polls proved "advantageous" as it won 5 seats. BJP has 80% vote share in UP. Akhilesh's 2022 prediction wrong; BJP, Yogi working to make UP $1T economy. UP govt signed MoA with Tata Tech to upgrade 150 ITIs.

The Hindu · Aug 13, 2023

Putin and Xi are the Laurel and Hardy of statesmen – but it’s no laughing matter

China’s paramount leader, like his Russian counterpart, is making a fine mess of his country’s economy and world standing

The Guardian - UK · Aug 13, 2023

The Chicago school economist who warned years ago of America's ‘business dynamism’ fading still sees 'something broken in the background'

Ufuk Akcigit and Sina Ates wrote a paper in 2019 that tracked four decades of economic decline in the U.S. The problems haven't gone away.

Fortune · Aug 12, 2023

Behind the ticking time bomb – should we fear China’s slide into deflation?

China was expected to roar back into life after Covid, but its weak rebound has shocked analysts

The Guardian - UK · Aug 12, 2023

Biden's reelection bid faces vulnerabilities in wake of special counsel appointment

Democrats were already concerned about President Joe Biden’s age, his leadership on the economy and his stalled agenda in Congress

The Independent UK · Aug 12, 2023

Biden’s ‘ticking time bomb’ remark referred to China’s economy: White House

US President told political fundraiser that China was ‘in trouble’ due to internal economic and social tensions.

Al Jazeera · Aug 12, 2023