The Latest Breaking News from Economy

Sudan’s Treasury Risks Losing $2 Billion in Gold Revenues

Sudanese economists have warned that the prolongation of the war will afflict the Sudanese economy with huge losses and increase the average inflation rate, which has already reached 600 percent. Sudanese Economist Dr. Muhammad Al-Nayer estimated that the suspension of operations at the Khartoum airport to have disrupted 5 percent…

Asharq Al-Awsat · Apr 24, 2023

Finding and keeping workers in post-pandemic economy is a struggle for West Texas, local leaders tell Fed

Local leaders told members of the Federal Reserve last week that families are facing financial stresses that make working hard. Educators say they need families more involved at school.

The Texas Tribune · Apr 24, 2023

Shake-up rules for buying military gear so British workers benefit, says union

Prospect called for an overhaul of government procurement processes so UK companies are better-placed to win bumper deals - benefiting UK employees and the overall economy

Daily Mirror · Apr 24, 2023

Defence Strategic Review concludes WA's northern coast a 'primary area of military interest'

Australia's first major defence force review in a generation says the nation's geographical benefits are "radically reduced", with WA's north now a "primary area of military interest".

ABC News · Apr 24, 2023

Sunak criticised for ‘own goal’ over loss of tax-free shopping for tourists, as PM tries to woo business leaders – as it happened

Rishi Sunak hears concerns over tax-free shopping rules, AI and CBI allegations at first summit with UK corporate leaders

The Guardian - UK · Apr 24, 2023

Oil Prices Slide on Uncertainty over Global Economic Outlook, Rate Hikes

Oil prices fell on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the prospect of tighter supplies on OPEC+ supply cuts. Brent crude slipped 75 cents, or 0.92%, to $80.91 a barrel by 0409 GMT, while US West Texas…

Asharq Al-Awsat · Apr 24, 2023

PM to kick off business conference aimed at boosting UK’s economic growth

Rishi Sunak said the Business Connect event would bring the UK’s biggest companies and investors together for ‘meaningful dialogue’.

The Independent UK · Apr 23, 2023

UK to be hit with fastest and harshest price rises in the G7

Forecasts show that prices for everyday goods are set to rise 40 per cent faster in the UK than any other major advanced economy

The Independent UK · Apr 23, 2023

John Ellis Jones obituary

Other lives: Classical scholar and archaeologist whose studies revolutionised understanding of the rural economy of Greece

The Guardian - UK · Apr 23, 2023

US presidential hopefuls rally against a digital dollar ahead of 2024 elections

The conversation around the role of central banks in the economy has taken on a new dimension among U.S. presidential hopefuls like Ron DeSantis and Vivek Ramaswamy. These politicians want to make it clear they would not support any proposals for a central bank-backed digital U.S. dollar as they make…

Tribune News Service · Apr 22, 2023