The Latest Breaking News from Economy

Legendary investor Mark Mobius expects more interest rate hikes but thinks the economy will do well anyway

He thinks that the U.S. money supply and government-led infrastructure spending will keep the economy robust.

Fortune · Mar 27, 2023

Bank failures have 'increased' threats to global financial stability, IMF says

Global economic growth was expected to slow this year, but this month's banking crises have raised the risk of even bigger problems.

Fortune · Mar 27, 2023

UK DPDI bill seeks to reform GDPR - here's what you need to know

While it has the potential to save billions to the UK economy, civil societies warn the DPDI "will seriously weaken data protection rights in the UK."

TechRadar · Mar 27, 2023

A steel plant ready for war shows hit to Ukraine's economy

The damage to Ukraine’s metal industry has crippled a lucrative sector and key employer needed to support an economy cratered by war

The Independent UK · Mar 27, 2023

Taiwan welcomes Czech delegation after Honduras shifts allegiance to China

Taiwan President Tsai Ing-wen, seeking closer ties with Western democracies in the face of Chinese pressure, welcomed a large Czech delegation to the island on Monday, a boost for Taipei after once-loyal ally Honduras switched allegiance to Beijing.

Reuters · Mar 27, 2023

New SNP leader must ‘pick up the pieces’ of Sturgeon’s ‘woeful record’ – Labour

The next leader of the SNP will be announced in Edinburgh on Monday afternoon.

The Independent UK · Mar 26, 2023

The Fed Speaks- Inflation Remains the Enemy

The U.S. central bank remains unphased by the recent upheaval in the banking sector as it continues to battle inflation by tightening credit. The Fed allowed inflationary pressure to mount in 2021, waiting too long to boost interest rates, pushing inflation to the highest level in four decades. In 2023,…

Barchart · Mar 26, 2023

Pheu Thai eyes economic posts

The Pheu Thai Party has vowed to take charge of all ministries that handle economic affairs to carry out its campaign policies if it is elected to lead the government after the next election.

Bangkok Post · Mar 26, 2023

European economists call for Scots to bring 'rebel' spirit to major issues

FRENCH and Icelandic economists have both called for the “rebel” characteristic of Scots to emerge to face the climate crisis and economy.

The National (Scotland) · Mar 26, 2023

IMF chief warns global financial stability at risk from banking turmoil

Kristalina Georgieva joins others in voicing fears about threat to world economy after recent bank collapses

The Guardian - UK · Mar 26, 2023