Yellen makes academic case for "Bidenonomics" She's also enlisting the support of business leaders to prove that the economic is resilient. Axios · Jun 30, 2023
Europe inflation slips to 5.5% — but that won't stop central bank rate hikes Inflation in Europe slid again in June but fell too slowly to offer much relief to shoppers grumbling over price tags The Independent UK · Jun 30, 2023
Economy picks up as tourism, spending rise The Thai economy in May improved from the previous month as tourism gathered momentum and private consumption increased while exports remained weak, the Bank of Thailand (BoT) said on Friday. Bangkok Post · Jun 30, 2023
China growth momentum slows further amid calls for stimulus BEIJING: China’s economy lost more steam in June with manufacturing activity contracting again and other sectors failing to build momentum, as calls grow for more policy support. The Times of India · Jun 30, 2023
IMF and Pakistan reach $3 billion stand-by deal ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday. Bangkok Post · Jun 30, 2023
Two Scottish Investment Zones announced Glasgow and the north east in now line for up to £160m worth of support Insider UK · Jun 30, 2023
Eurozone inflation drops; UK recession fears linger; Apple hits $3trn valuation – as it happened Eurozone price pressures have eased, although core inflation has risen, as economists warn UK recession risk has not vanished The Guardian - UK · Jun 30, 2023
The IMF agrees to a long-awaited bailout for Pakistan of $3 billion The International Monetary Fund has agreed to provide $3 billion to Pakistan — a long-awaited relief to bail out the impoverished country’s ailing economy The Independent UK · Jun 30, 2023
PM Modi dials Russian President Putin, repeats hope for “dialogue and diplomacy” to end war in Ukraine President Vladimir Putin has called Prime Minister Narendra Modi “a big friend” of Russia and said his ‘Make in India’ campaign has had a “truly impressive effect” on the country’s economy. The Hindu · Jun 30, 2023
Stock market today: Asian shares are mixed after China reports weaker manufacturing in June Shares are mixed in Asia after China reported slower factory activity in June due to weaker consumer spending and export demand The Independent UK · Jun 30, 2023
Aberdeen and Glasgow selected as first 'investment zones' in Scotland TWO Scottish cities have been selected as the sites for the UK Government’s first “investment zones” in Scotland. The National (Scotland) · Jun 30, 2023
Why ‘Undervalued’ Guess (GES) Really Lives Up to Its Name Though trendy fashion retailer Guess may be discounted on paper, the underlying fundamentals present a much-trickier narrative. Barchart · Jun 30, 2023
Adam Smith 300 years later This year marks the 300th anniversary of the birth of Adam Smith, the founding father of modern economics. It comes at a time when the global economy faces several daunting challenges. Bangkok Post · Jun 29, 2023
World Bank puts Thai growth at 3.9% Thailand's economy is projected to expand 3.9% in 2023 from 2.6% last year because of stronger demand from China, Europe and the US, private consumption growth and a recovery in tourism, says the World Bank in its semi-annual Thailand Economic Monitor. Bangkok Post · Jun 29, 2023
The Independent UK · Jun 29, 2023 New jail opens with designs to cut crime and boost the local economy HMP Fosse Way has been heralded as the greenest prison ever.
Insider UK · Jun 29, 2023 Scottish economy 'more resilient than expected' However, the longer term forecast is for fragility over the next couple of years
Fortune · Jun 29, 2023 There's a $75 trillion reason the economy won't crash into a recession, top economist says: Baby boomers' pent-up net worth “Consumers may run out of their excess pandemic savings by the end of this year, but they have lots of other sources of purchasing power,” a veteran market watcher says.
The Hindu · Jun 29, 2023 Spiralling food prices: on the build-up of underlying inflation pressures The overall trajectory in price gains across the wider food basket is symptomatic of the unsettling build-up of underlying inflation pressures in the economy
Reason · Jun 29, 2023 The Next President Needs To Cut Spending At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.
Bangkok Post · Jun 29, 2023 SC Asset Aims to Become the Go-To Condo Brand for the Younger Generation with Its Inclusive "Everybody's High-Rise" Philosophy SC Asset Corporation Public Company Limited (SC), a leading high end luxury to economy real estate developer listed on The Stock Exchange of Thailand (SET), targets being Thailand’s ‘top-of-mind’ condominium brand among all segments, particularly young generations, by launching new condominium brands, taking “Everybody’s high-rise” as its brand philosophy as…
The Conversation · Jun 29, 2023 Interest rate hikes are not the only tool to fight UK inflation – here's what the government should do Over the past year, interest rates have been rising rapidly around the world. The post-COVID economic recovery and Russia’s invasion of Ukraine caused inflation to reach 10% or more in many countries. Central banks in the US, UK and Europe have fought back by raising interest rates in an attempt…
The Independent UK · Jun 29, 2023 After a raucous first half of 2023, Wall Street is still wondering if recession is in the cards Halfway into 2023, and so little on Wall Street has gone according to plan
The Independent UK · Jun 29, 2023 US economic growth last quarter is revised up to a 2% annual rate The U.S. economy grew at a 2% annual pace from January through March as consumers spent at the fastest pace in nearly two years, the government said Thursday in a sharp upgrade from its previous estimate
The Independent UK · Jun 29, 2023 Nicola Sturgeon rebuked for using Covid inquiry to criticise Brexit: ‘It’s a witness box not a soap box’ Ex-SNP leader told off for saying: ‘Every aspect of Brexit has been a false economy’
Zenger · Jun 29, 2023 Netanyahu: Israel Could Become Top 10 Global Economy Israeli Prime Minister touts government's actions and highlights country's potential as a rising economic force.