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The Latest Breaking News from Economy

Singapore Airlines condemned for introducing ‘horrible and cheap-looking’ paper plates on flights

Customers threatened to take their business elsewhere as a result of the new trial

The Independent UK · Mar 6, 2023

Editorial: To Boost Confidence, Actions Speak Louder Than Words

Strong implementation of reform policies is pivotal to restoring the private sector’s confidence and stabilizing its expectations

Caixin Global · Mar 6, 2023

How the IMF naively parroted Putin’s fake statistics–and botched its economic forecast for Russia

The IMF simply does not have the data it needs to independently calculate Russia’s GDP by any accepted method.

Fortune · Mar 6, 2023

From analysis to the latest developments in health,
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Unions vow to shut France's economy down amid pension battle

Unions are threatening to shut down France’s economy this week in what they hope is their toughest riposte yet to President Emmanuel Macron’s plan to raise the retirement age

The Independent UK · Mar 6, 2023

Scotland’s electronic music industry worth £550m

New report highlights the contribution made by the nightlife sector

Insider UK · Mar 6, 2023

Lebanon Adopts ‘Dollarization’ as Currency, Economy Crumble

When Moheidein Bazazo opened his Beirut mini-market in 1986, during some of the fiercest fighting in Lebanon’s civil war, he didn’t expect it to thrive. But several years later, he had shelves full of food and needed 12 employees to help him manage a bustling business. Those days are over.…

Asharq Al-Awsat · Mar 6, 2023

Lebanon adopts ‘dollarization’ as currency, economy crumble

The Lebanese pound has lost 95% in value since late 2019, and now most restaurants and many stores are demanding to be paid in dollars to bypass what’s seen as a nearly useless currency

The Independent UK · Mar 6, 2023

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Salman Al-Dossary: From a Prestigious Career in Journalism to Saudi Media Minister

Salman bin Yousef Al-Dossary was named Saudi Media Minister in a Royal Order by Custodian of the Two Holy Mosques King Salman bin Abdulaziz on Sunday. Al-Dossary will be embarking on his new journey after have spent 12 years at Asharq Al-Awsat newspaper. He will now forge the Kingdom’s media…

Asharq Al-Awsat · Mar 6, 2023

Shadow chancellor says Tories ‘squandering’ economic potential as cost-of-living crisis ‘number one concern’

Rachel Reeves said the UK is the ‘only G7 economy that’s still smaller than it was before the pandemic’

The Independent UK · Mar 6, 2023

AP News Digest 3 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

The Independent UK · Mar 6, 2023

France braces for strikes that could bring the country ‘to a standstill’ for days on end

Strikes against bitterly contested plans to reform pensions in France continue on Tuesday, and this time unions have upped the ante. Unlike previous walkouts, this week’s industrial action has no pre-arranged end date. With workers across multiple sectors expected to strike, life in France could grind to a halt for…

France 24 · Mar 6, 2023

Asian stocks gain after Wall Street has best day in 6 weeks

Shares are mostly higher in Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks

The Independent UK · Mar 6, 2023

Why has China announced its lowest growth target in decades?

Beijing is aiming for a moderate growth rate of 5 percent in 2023 amid a host of domestic and external challenges.

Al Jazeera · Mar 6, 2023

China Premier Li Keqiang bows out as Xi loyalists take reins

Chinese Premier Li Keqiang is taking his final bow in a departure that marks a shift from the technocrats who have helped steer the world's second-biggest economy in favor of officials with unquestioned loyalty to President Xi Jinping

The Independent UK · Mar 6, 2023

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The Independent UK · Mar 6, 2023

Shadow chancellor accuses Tories of ‘squandering’ UK’s economic potential

Rachel Reeves said the UK is the ‘only G7 economy that’s still smaller than it was before the pandemic’.

Bangkok Post · Mar 5, 2023

State eager to avoid fiscal fiasco

The government set an ambitious goal to achieve a balanced budget in 10 years, even though several obstacles still remain.

Fortune · Mar 5, 2023

Marc Andreessen: We’re heading into a world where a flat-screen TV that covers your entire wall costs $100 and a 4-year degree costs $1M

The cofounder of venture capital giant Andreessen Horowitz laid out his thoughts in his newsletter this weekend.

The New Daily · Mar 5, 2023

‘Incredibly difficult’: RBA prepares 10th straight rate hike, despite slowing economy

Struggling home owners face more bad news this week as the Reserve Bank prepares yet another hike in interest rates.

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Radio France Internationale · Mar 5, 2023

China's "parliament" sets this year's economic growth target at 'around 5%'

China’s government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping’s control over business and society.

Asharq Al-Awsat · Mar 5, 2023

China Stresses Tech Self-reliance Target

China's science and technology policies should aim to build the country's strength and self-reliance, while companies take the lead in pushing innovation, Premier Li Keqiang said on Sunday. The country effectively countered external attempts to suppress and contain China’s development over the past five years by promoting development of the…

WEKU · Mar 5, 2023

Pushing for a post-COVID rebound, China targets GDP growth of 'around 5%' this year

Outgoing premier Li Keqiang told delegates at the National People's Congress that China is aiming to rebound economically after COVID slowed them down

Financial Times · Mar 5, 2023

How Venezuela’s Nicolás Maduro outfoxed the west

The repressive leader has weathered an economic crisis, sanctions and an uprising. What should the US do with him now?

Wales Online · Mar 5, 2023

The Andrew RT Davies interview: Liz Truss, Brexit and my Twitter account

The Andrew RT Davies Twitter account has become a focal point in its own right given what appears on it — but the leader of the Welsh Conservatives stands by it

Fortune · Mar 4, 2023

The U.S. housing market just took another hit

This week's seasonally adjusted Mortgage Purchase Application Index came in at the lowest level since 1995.

WEKU · Mar 4, 2023

Big stores see how we spend. Here are 4 things they say about the economy

Retailers have dropped a flurry of financial reports. They paint a messy and conflicting picture about our consumer economy.

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