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The Latest Breaking News from Economy

Breaking 3 publishers covering this story in the last 6 hours

2h ago RBA lifts rates to highest level in 15 years – risking a sharper slowdown of the economy
4h ago ‘It keeps growing’: the tent camp that stands against Spain’s housing crisis
5h ago Anthropic's path from AI startup to industry-defining IPO

As tech jobs melt, the trades beckon. This plumber makes $140K+

Meet will lane, 31, of Tacoma, Washington, who never went to college.

Tribune News Service · Feb 21, 2023

Opinion: Chinese Households’ Financial Dilemma Is a Problem for the Economy

A surge in savings and a race to reduce liabilities have thrown the post-Covid recovery into further disarray

Caixin Global · Feb 21, 2023

Treasury deputy: Russia sanctions are degrading its military

A top Treasury Department official says Russia’s mounting battlefield losses are a testament to the effectiveness of U.S. and allied sanctions on the Kremlin and its military machine

The Independent UK · Feb 21, 2023

From analysis to the latest developments in health,
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Russian economy shrank 2.1% in 2022, much less than expected

The economy defied fears of a recession and previous predictions that it would contract by more than 12 percent.

Al Jazeera · Feb 21, 2023

Macron champions pension plan as key to French economy

French President Emmanuel Macron is advocating for his contested plan to increase the pension eligibility age

The Independent UK · Feb 21, 2023

'We've been left in the dark too long': Labor plans to resuscitate city's night-life

Labor says it will turn Newcastle into a vibrant throng of activity after sundown if it wins the state election in March.

Newcastle Herald · Feb 21, 2023

FM leaves behind 'positive' legacy on putting people over profit, academic says

NICOLA Sturgeon has helped spur global support for the introduction of a wellbeing economy, a political economist has said.

The National (Scotland) · Feb 21, 2023

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Australia to flirt with recession this year, warns NAB

Economists are warning Australia is at a heightened risk of recession in 2023 as the Reserve Bank keeps aggressively raising interest rates, with a per capita recession looking likely.

ABC News · Feb 21, 2023

Stocks have climbed into the 'death zone’, warns Wall Street's top strategist

Wilson dismissed investor hopes for a so-called 'no landing' as false optimism sustained only by another $6 trillion in fresh liquidity added to the global economy since October.

Fortune · Feb 20, 2023

2 Stocks on Track for Massive Gains in 2023

While Federal Reserve Chair Jerome Powell is trying to steer the economy toward a ‘soft landing,’ a strong job market will likely keep the Fed wary. Meanwhile, as investors mull over the Fed’s next steps, the market could remain volatile for some time. Hence, investing in fundamentally sound stocks, CVS…

StockNews.com · Feb 20, 2023

How the Russian economy self-immolated in the year since Putin invaded Ukraine

Russia will realize it does not need Putin, just as the world has already realized it does not need Russia.

Fortune · Feb 20, 2023

South Korea Joins space race in tech drive as Russia’s isolation deepens over war in Ukraine

South Korea is preparing a domestic rocket development program as part of an ambitious drive to carve out a larger slice of the global space economy following the implosion of its partnership with Russia.

Tribune News Service · Feb 20, 2023

Developing countries' debt troubles in focus at G20 talks, says Germany's Lindner

The outlook for the global economy and the situation of highly indebted countries will be the main topics of discussion at the Group of 20 (G20) meetings taking place this week in India, German Finance Minister Christian Lindner said on Monday.

Reuters · Feb 20, 2023

Women in entrepreneurship report published

Government-commissioned review identifies 31 ways to reduce gender gap and boost the economy

Insider UK · Feb 20, 2023

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Chicago Sun-Times · Feb 20, 2023

Helping parents cover high cost of child care benefits families and our economy

I’m supportive of the efforts of any politician from any party who supports helping families. It’s past time that politicians from both sides of the aisle come together to do so.

Asharq Al-Awsat · Feb 20, 2023

IOGP Looks Forward to Working with OPEC to Ensure Global Energy Security

For three years now, energy security has been the most prevalent issue for the global economy. The world blames the high prices of oil and gas and accuses the sector of causing record-high inflation rates. Curbing high inflation requires increasing interest rates, which drags the global economy toward recession. Governments…

Al Jazeera · Feb 20, 2023

IMF to crisis-hit Pakistan: Tax the rich, protect the poor

Comments come at the back of a 10-day visit by an IMF delegation, as Pakistan hopes to unlock $1.1bn of crucial funds.

Asharq Al-Awsat · Feb 20, 2023

World Bank: Gulf Economies Are Becoming More Open

Middle East and North Africa (MENA) countries should follow the lead of Saudi Arabia, the United Arab Emirates, and the Gulf states in economic reforms, said World Bank Vice President for Middle East and North Africa Ferid Belhaj. Belhaj explained that Gulf countries worked on deep and structural reforms by…

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news in one place.

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The National (Scotland) · Feb 20, 2023

Further delay to Deposit Return Scheme would be ‘frankly unbearable’, say campaigners

ENVIRONMENTAL campaignrs have warned the Scottish Government that any further delay to the introduction of the Deposit Return Scheme (DRS) would be…

Bangkok Post · Feb 19, 2023

Gold outlook remains plated in mystery

Gold is perceived as a safe-haven asset, a long-term investment and a hedge against uncertainty in the global economy and geopolitics.

Bangkok Post · Feb 19, 2023

War economy

The world's economy and businesses have suffered from the Russia-Ukraine war over the past year, hamstrung by high energy prices, inflationary pressure and logistics disruptions.

Reuters · Feb 19, 2023

Ukraine war expected to cost Germany 160 billion euros by year-end

The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some 4% of its gross domestic output, in lost value creation by the end of the year, the head of the German Chambers of Industry and Commerce (DIHK) said.

Asharq Al-Awsat · Feb 19, 2023

Saudi Arabia Expands its Economic Capabilities to Space

Saudi Arabia’s recent announcement that it was sending two Saudi astronauts to the International Space Station (ISS) has kicked off talks about the Kingdom’s serious endeavor to benefit from the space economy as a giant sector, where global visions of sustainability and technology intersect. The astronauts will make their trip…

The Independent UK · Feb 19, 2023

Two-thirds of public think Brexit has hurt UK economy, poll finds

Exclusive: ‘Strong perception Brexit has not gone particularly well’ says pollster

Bangkok Post · Feb 19, 2023

Netflix partners with TAT, DNP & CEA to launch ‘Uncover Thailand: A Creative Travel Guide’

Netflix recently joined hands with the Tourism Authority of Thailand (TAT), the Department of National Parks, Wildlife and Plant Conservation (DNP), and the Creative Economy Agency (CEA) to launch the “Uncover Thailand: A Creative Travel Guide'', a first-of-its-kind Thailand travel guide (thailandtravelmap.com).

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