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The Latest Breaking News from Economy

EU foresees economy improving, but inflation still painful

Europe's economic prospects are looking up, at least a little

The Independent UK

Mining industry's $6.3 billion injection into the Hunter economy

The Hunter's mining industry injected $6.3 billion into the Hunter economy in the last financial year, the highest level of expenditure since the 2012-13.

Newcastle Herald

Taiwan Makes History With Universal Cash Payment Plan

Taiwan is giving citizens and permanent residents a one-off cash payment of NT$6,000, a step towards ensuring that the benefits of economic growth are shared by all.

The News Lens

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

Cyprus' former foreign minister becomes island’s new president

Nicos Christodoulides was elected president of Cyprus on Sunday, securing his bid to oversee the Mediterranean island whose economy was buffeted first by the pandemic and now by Russia’s war in Ukraine and its associated rise in living costs.

Tribune News Service

Substance sorely lacking in party policies

The election campaigns of political parties should focus on improving the country's competitiveness with effective short- and long-term economic policies rather than populist sops or market intervention that could mar the economy and add fiscal burden, says business leaders.

Bangkok Post

What do businesses really get out of Liverpool's late night tax?

Liverpool Council voted to maintain the levy but businesses are sceptical

Liverpool Echo

The price Britain paid for lockdown was colossal. Was there an alternative?

Flirtation with recession, along with new era of austerity and stagnation are consequences of policy response to pandemic

The Guardian - UK

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China needs stronger family-focussed policies to spur births- Chinese expert

China should enhance incentives for people to build families and boost the birth rate as the country's now-falling population could threaten the world's second-biggest economy, a Chinese family planning expert said.

Reuters

'Brexit radicalised me': Scots business owner forced to cut staff in half

JUST a few short years ago, Elizabeth Carnahan’s business was doing well. She had a growing customer base, a turnover of more than £1 million and…

The National (Scotland)

Treasurer says government's energy market intervention is already working to provide household relief

Treasurer Jim Chalmers tells ABC Insiders the federal government's intervention is putting downward pressure on electricity prices, and inflation remains the economy's greatest challenge.

ABC News

Australia’s economy running hot despite rising interest rates, but experts urge caution

Building and business insiders warn the Reserve Bank’s recent hawkish approach risks long-term harm for households and commerce

The Guardian - AU

Generations of Tories have hoped for growth. They never plan for it

Kept aloft by North Sea oil or privatisations, the economy under the Conservatives never got the long-term vision it needed

The Guardian - UK

Albanian opposition leads anti-government protest

Thousands of supporters of Albania’s political opposition are taking part in an anti-government protest and calling for the prime minister’s resignation for alleged corruption and mishandling of the small Balkan nation’s economy

The Independent UK

Photos Show the Transformation of Great Britain

A new exhibit at the National Gallery of Art displays how the U.K. changed in the 1970s and '80s.

Reason

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The New Daily

The Stats Guy: Where and how too few migrants will hurt us the most

Which jobs and which sectors of the economy rely most on migrant workers? These jobs struggled when migration turned negative during the pandemic. Now these jobs benefit from rising migration numbers.

Daily Mirror

Tories leave Britain as only G7 country with smaller economy than before Covid

The Government wants to blame the pandemic and the war in Ukraine for this dire situation rather than admit it is the product of 12 years of Conservative failure

The Texas Tribune

TribCast: Will Texas avoid a recession?

In this week’s episode, Matthew speaks with Pia Orrenius, vice president and senior economist for the Federal Reserve Bank of Dallas, about the 2023 outlook for the Texas economy.

Reuters

Peru central bank: Early info shows protests affecting growth, inflation

Peru's economy and inflation have likely been hit by the ongoing social upheaval that has rocked the Andean nation since December, early indications suggest, the head of the central bank's economic studies unit, Adrian Armas, said on Friday.

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StockNews.com

The 2 Best Energy Stocks to Invest in Right Now

The energy sector is poised to witness solid growth in the near term amid improved demand from the Chinese economy. In addition, owing to the onset of the EU embargo on Russian oil imports, prices could increase. Against this backdrop, it might be wise to invest in quality energy stocks…

Evening Standard

Ignore the Luddites. Artificial intelligence can transform the UK economy to the benefit of workers

City Voices: Effective public policy can ensure that emerging technologies improve productivity and working conditions, not replace workers

The Times of India

Pakistan fails to reach deal with IMF: What it means for economy

NEW DELHI: Cash-strapped Pakistan's woes deepened further after it failed to reach a consensus with International Monetary Fund (IMF) for $1.1 billion funding.

Al Jazeera

Five takeaways from Cyril Ramaphosa’s State of the Nation address

The South African president spoke about poverty, hope and resilience in his annual speech.

The Guardian - UK

UK ‘not out of the woods yet’ after economy dodges recession by a whisker; Russia cuts oil output – as it happened

Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps

The Times of India

India's march to $40 trillion economy under Amrit Kaal can be seized by smuggling: Report

NEW DELHI: The magnitude of smuggling and the consequent loss to the country's economy might become a roadblock in India's march towards a $40 trillion economy under the government's vision of Amrit Kaal, a report said.

The Guardian - UK

UK can expect year of stagnation after narrowest of escapes from recession

Marginal expansions and contractions in 2023 will do little to solve a lack of investment and export shortfall

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