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The Latest Breaking News from Economy

Cost of living, homes, transport... leaders on Greater Manchester's urgent issues new Prime Minister must tackle - and soon

Local leaders outline the big issues in the region that Liz Truss' replacement needs to urgently address

Manchester Evening News

Donald Trump energizes South Texas voters ahead of early voting as Republicans predict red “tsunami”

Trump rally attendees said they were basing their midterm votes on issues such as the economy and the border and were hopeful Trump would run for president again.

The Texas Tribune

Japan's stimulus plan must exceed $100 billion, says ruling party executive

Japan's promised economic stimulus must be big enough to exceed the economy's output gap of about 15 trillion yen ($100 billion), a senior ruling party official said on Sunday.

Reuters

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Political toss-up: Luria, Kiggans are ‘deadlocked,’ poll finds

NORFOLK, Va. — A little more than two weeks before Election Day, one of Virginia’s most closely watched races is in a deadlock.

Tribune News Service

Brazil’s Bolsonaro to keep Guedes and other ministers if elected

Brazilian President Jair Bolsonaro, who is gaining ground on his left-wing rival ahead of an Oct. 30 election, said the economy is ready to “take off” and that he plans to keep his current Cabinet if he wins.

Tribune News Service

Families paying more than £530 extra on mortgage due to Liz Truss, says Labour

Labour's Lisa Nandy MP said thousands of families will see their mortgage payments skyrocket because the Conservatives 'crashed the economy'

Wales Online

Passenger booted off flight after she ordered cabin crew not to LOOK at her

Daniele De Matos became hostile towards the air stewards after she was mistakenly put in an economy seat rather than business class on the flight from Sydney to Hawaii

Daily Mirror

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'Only a general election can let British people choose their destiny after Tory chaos'

Liz Truss trashed the economy and her party. British people now want not just a change of leader, but a change of government - and only a general election can deliver that

Daily Mirror

'Britain needs a fresh start - Tories have trashed our institutions and economy'

Labour Party Deputy Leader Angela Rayner says needs a fresh start and a general election. After all the Tory chaos, the country should not face the return of Boris Johnson

Daily Mirror

2022 T20 World Cup: Bowlers who performed well in T20Is this year

As the Super 12 stage of the ongoing T20 World Cup progresses in Australia, the real test begins for the bowlers since they will be in the firing line in front of marauding top class batters of the world.

The Times of India

Gloomy backdrop for first Albanese budget

The Labor government is handing down its first budget at a time of economic turbulence. Here's why that matters.

AAP

7 ways Britain is falling apart while the Tories squabble amongst themselves

While the Tories spat about whether to put Boris Johnson back in Downing Street, the nation is creaking at the seams in the NHS, food banks and the wider economy

Daily Mirror

Factbox-Key ministers in new Italian Meloni government

Italian Prime Minister Giorgia Meloni's government was sworn into office on Saturday. Her cabinet was made up of 24 ministers. Here the profiles of some of the key figures:

Reuters

Boris Johnson 'booed' by passengers as he flies to UK in economy

'Fellow economy passengers were positioning themselves for selfies,' said a Sky reporter

Wales Online

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WEKU

China's Communist Party moves to solidify Xi Jinping's power in leadership shuffle

Two notable members were removed from the upper leadership ranks. The congress also approved the addition of new wording to the party charter that cements Xi's role as the so-called core of the party.

Radio France Internationale

Italy’s far-right Meloni becomes country’s first woman to lead government

Far-right leader Giorgia Meloni was named Italian prime minister on Friday, becoming the first woman to head a government in Italy. Her appointment is an historic event for the eurozone's third largest economy and for the Brothers of Italy party, which has never been in government.

Asharq Al-Awsat

Saudi Minister of Energy Meets Indian Officials in New Delhi

Saudi Minister of Energy and Chairman of the Ministerial Committee for Economy and Investment in the Saudi-Indian Strategic Partnership Council arrived in India on Friday. During the visit, Prince Abdulaziz bin Salman bin Abdulaziz held meetings with Indian Minister of Commerce and Industry Piyush Goyal, Minister of Petroleum Hardeep Singh,…

Daily Mirror

UK economic outlook downgraded to 'negative' amid chaos after Liz Truss resignation

The ratings agency Moody's says the downturn is due to the political instability and high inflation in the aftermath of PM Liz Truss' resignation in a report published last night

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Evening Standard

Political instability sees UK economic outlook downgraded by ratings agency

Moody’s said the change in outlook was driven by ‘heightened unpredictability in policymaking’.

Bangkok Post

Xi Jinping expands power, elevating loyalists, forcing out moderates

China’s leader, Xi Jinping, extended his formidable dominance on Saturday, advancing a contingent of Communist Party loyalists ready to defend his personal power and expand the state’s influence over the economy and on national security.

The Philadelphia Inquirer

Two polls show Republicans pulling ahead nationwide. What that could mean for Pa.’s top races.

PHILADELPHIA — National political trends are shifting in Republicans’ favor as inflation assumes an even more dominant position in voters’ minds, according to two recent polls — a potentially significant development for key Pennsylvania races that could be decided by just a few percentage points.

Tribune News Service

Analysis: Biden sharpens final midterms pitch by ramping up rhetoric, touting economic gains

WASHINGTON — President Joe Biden is sharpening his final sales pitch for next month’s midterm elections, casting himself as fully in control of a solid economy even as economists and Republicans warn of a coming recession.

StockNews.com

Fade the Friday Rally

Bull markets do not go straight up. There are plenty of down days, weeks and even months for the S&P 500 (SPY) added into the mix. Conversely bear markets do not go straight down. In fact, they have some pretty sizeable rallies that come along the way often clouding the…

The Guardian - AU

Chalmers offensive: crunch time as treasurer faces first federal budget

A volatile global economy looms as Jim Chalmers assembles the Albanese government’s inaugural budget, where he will be judged on delivering on election promises while exercising restraint

The Times of India

India needs to follow Chinese e-commerce model for effective taxation, integrating rural economy: Arun Kumar

NEW DELHI: India needs to follow the Chinese e-commerce model rather than following the US model for effective taxation and integrating small vendors, especially in rural areas, suggested a noted economist Arun Kumar on Friday.

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