The Latest Breaking News from Economy

US dollar scarcity threatens Bolivia's 'economic miracle'

For more than a decade, Bolivia was an economic oasis in a turbulent region, with low inflation and high growth

The Independent UK · Apr 15, 2023

China's reopening sees Gen Z ready to splurge after lying flat: 'They don’t see life as a matter of ruthless survival'

A shift in attitudes towards work and personal comfort in China's younger generation may end up helping the country’s economy.

Fortune · Apr 15, 2023

Al-Swaha: SEZ to Promote Saudi Arabia's Regional Leadership as Global Investment Hub

Saudi Minister of Communications and Information Technology Eng. Abdullah Al-Swaha lauded the launching of the Cloud Computing Special Economic Zone (SEZ ), expressing his gratitude to Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and the Crown Prince for launching it along other three zones across…

Asharq Al-Awsat · Apr 15, 2023

OPINION - The London Discount: Britain’s biggest firms would be worth £460bn more in New York

Education, skills, demand for labour – a range of factors determine how much any of us are worth. But the single biggest factor is geography. A car wash manager in the US can earn more than the head of cyber security at HM Treasury in London, who in turn makes…

Evening Standard · Apr 14, 2023

Virgin Orbit bankruptcy: why the UK's spaceport industry may still have a bright future

The UK’s space sector has shown a remarkable dynamism in the past few years. According to the latest official figures, the sector’s revenue grew about 5.1% in 2021, outpacing the global space industry. This is even more impressive considering the UK’s economy declined over the same period.

The Conversation · Apr 14, 2023

The parallel economy: the rightwing movement creating a safe haven for deplatformed conservative influencers

The last few years have seen the west swept by political polarisation, much of which has played out online. Debates around race, gender and freedom of speech have splintered democracies, spread conspiracy theories and sparked a series of culture wars. One byproduct of this is a rightwing movement in the…

The Conversation · Apr 14, 2023

Recession or not, UK weakness is inevitable

City Voices: A weaker economy is needed for inflation to fall

Evening Standard · Apr 14, 2023

Saudi Inflation Continues to Decline

Saudi Arabia’s inflation rate dropped to 2.7 % in March, against 3 % recorded in February, according to the latest report released by the General Authority for Statistics (GASTAT). The consumer price index bulletin of March attributed the Kingdom’s low inflation to the strength of the Saudi economy and the…

Asharq Al-Awsat · Apr 14, 2023

Busy cruise season should boost Outer Hebrides economy

Shetland also expecting its busiest cruise season on record, as the first vessel arrives

Insider UK · Apr 14, 2023

Commentary: Child care has failed. The government can help

America’s child care market is an abject failure. Even at prohibitively high prices, supply doesn’t meet demand, preventing children, parents and the entire economy from reaching their full potential.

Tribune News Service · Apr 14, 2023