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The Latest Breaking News from Economy

The Observer view on how Britain’s crises can be fixed by a shift in political culture

Only generous-spirited, long-term approach can tackle the catastrophes of poor growth, a crumbling NHS and a dysfunctional housing market

The Guardian - UK

UK’s problems won’t go away in new year, Sunak tells Britons

LONDON — U.K. Prime Minister Rishi Sunak told Britons that the problems bedeviling the country won’t disappear in 2023, a warning that prompted the Labour Party to accuse the government of wrecking the economy.

Tribune News Service

US jobs report likely to show still-tight labor market

The latest U.S. employment report is anticipated to highlight the resilience of the nation’s labor market through 2022, despite the most aggressive pace of monetary tightening in decades.

Tribune News Service

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Things will get better in 2023, says upbeat Boris Johnson

The former prime minister expresses his hopes for the economy and for Ukraine in new year message but makes no mention of his ejection from No 10.

The Independent UK

'My girlfriend hated business class - but fumed when I downgraded her to economy'

When a woman was left unimpressed with her business class experience her boyfriend decided to downgrade her - but she was not happy with the standards

Daily Mirror

How your heating bill will change with energy price cap rises from January 1

Hike will make little difference to most households, but the changes depend on how you pay your bill and the tariff you are on

Chronicle Live

War against Ukraine has left Russia isolated and struggling — with more tumult ahead

Russia will end 2022 in a weaker global standing than when the year began. Its struggles in Ukraine surprised the Kremlin, and the global punishments are starting to hamper the Russian economy.

WEKU

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How Ghana, Africa’s rising star, ended up in economic turmoil

The West African nation is a major cocoa and gold exporter, so why is it battling its worst economic crisis in decades?

Al Jazeera

Labour takes huge lead over the Tories in new poll after chaotic 2022

Voters downbeat about government’s ability to manage economy and ease cost of living crisis

The Independent UK

Tourists throng popular sites in Phetchabun, Korat

Thousands of tourists thronged the famous Wat Phra That Pha Sorn Kaew in Phetchabun and Khao Phaeng Ma mountain in Nakhon Ratchasima on Saturday, boosting the economy during the New Year holiday.

Bangkok Post

Poll: Flourishing economy tops 2023 wish list

A flourishing economy tops Thais’ wish list for 2023 and the Year of the Rabbit, according to an opinion survey by Bangkok University, or Bangkok Poll.

Bangkok Post

Vietnam pulls off Asia's fastest growth

HANOI: Vietnam's economy grew at the fastest pace in Asia this year, signalling momentum just before risks from a global slowdown began to materialise.

Bangkok Post

Founder of Net World Sports in Wrexham receives MBE

Alex Lovén has been recognised for his services to the economy and to the community in Wrexham

Birmingham Post

While Canberrans clear out, summer tourism looks bright for ACT

The Canberra Park is fully booked out until January 10.

The Canberra Times

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Birmingham Post

Politicians need to put their faith in businesses in 2023

It will be entrepreneurs and innovators who will step up to the mark in a recession

Caixin Global

Year in Review: China’s Struggle to Contain Covid Hits the Economy Hard

Lockdowns added to the country’s woes, including an ongoing housing slump and fading exports, but Beijing’s year-end pivot to living with the virus raises the prospect of a recovery in 2023

StockNews.com

4 China Stocks to Buy Right Now

After prolonged isolation, China is reopening its doors to the world, and its leadership is determined to do the needful to revive the economy from its slumber. Hence, it could be the perfect opportunity to invest in growing Chinese stocks Pinduoduo (PDD), Hello Group (MOMO), China Automotive Systems (CAAS), and…

Dynamite News

Greater Appetite In World For Investing In India: Jaishankar

External Affairs Minister (EAM) S Jaishankar on Friday said India is getting increasingly prominent in the global economy, as he underlined the reforms undertaken by the Modi government that contributed to the country becoming one of the strong destinations for inward foreign direct investment. Read on for details:

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Tribune News Service

VIEWPOINT 1: In 2023, expect the unexpected

If the last few years have taught us anything, when it comes to politics, culture, the economy and international events, we should always expect the unexpected. After all, did anyone expect Elon Musk to buy Twitter or Will Smith to storm the Oscars stage and deliver the “slap heard 'round…

Tribune News Service

VIEWPOINT 2: Fed will cause unnecessary harm and other predictions

Here are eight predictions for the coming year in accordance with a hallowed tradition that I have previously not honored. If some of the supporting facts below seem unfamiliar, it could be because they have not received the attention they deserve. But they are real.

Birmingham Post

Renewable plan will reduce climate change and boost Northern Ireland economy by £4.5 billion

RenewableNI wants the province to produce 80% of its electricity demand from renewable sources by 2030

The News Lens

Southeast Asia’s Tech Industry Goes From a Gallop to a Canter

ASEAN’s economic growth is projected to be above 5% in 2022 and 2023, outperforming China for the first time.

Bangkok Post

Household debt ratio eases slightly

The country’s household ratio eased to 86.8% of gross domestic product in the third quarter from 88.1% in the previous quarter, the Bank of Thailand said on Friday, as the economy continued to recover.

Salon

Democrats have become the war party

Democrats long since gave up challenging the war economy — which may kill us all, and is definitely bankrupting us

Bangkok Post

Long arm of the law affects all

With the economy on a recovery path, 2022 offered a roadmap for various industries to grow and cash in on near-term opportunities. For some sectors, a lack of supervision stymied potential development. As new rules are imposed and others expire, businesses and individuals need to adapt because the government is…

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