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The Latest Breaking News from Economy

Spain already regularised over half a million undocumented migrants in 2005. Here’s what happened to its economy

With an upcoming amnesty for an estimated half a million undocumented workers, Spain is charting its own course on immigration policy, while also reinforcing its dependence on migrants to fuel economic growth.

The Conversation

BoE holds rates at 3.75% as inflation stays stubbornly above target

The Bank of England held rates at 3.75%, with inflation still above the 2% target and early-2026 data hinting the economy has started the year stronger than expected — complicating the case for near-term cuts.

Euronews

$The EU-India agreement is huge – and it illustrates the changing role of trade in a fractured world order$

The EU-India agreement is huge – and it illustrates the changing role of trade in a fractured world order

The recently concluded EU-India free trade agreement is notable for the huge scale and ambition of the deal. Labelled the “mother of all deals” by European Commission President Ursula von der Leyen, it comes as India has overtaken Japan as the world’s fourth-largest economy.

The Conversation

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4 Vishnu Temples That Survived Invasions, Time, and the Loss of Empires

“यदा यदा हि धर्मस्य ग्लानिर्भवति भारत।” History is loud. Faith is quiet. Kings arrived with armies. Empires expanded, fought, and collapsed. Cities changed names, borders moved, and power slipped from one ruler’s hands to another. Through all of this chaos, something fragile yet stubborn stayed alive a lamp lit before…

Times Life

How can Britain regain its manufacturing power? Start thinking like a developing country

Since the 70s, China has turned around its economy – these are the lessons Starmer must take note of, says Guardian columnist Larry Elliott

The Guardian - UK

What does the disappearance of a $100bn deal mean for the AI economy?

Apparent collapse of Nvidia–OpenAI tie-up raises questions about circular funding and who will bear the cost of AI’s expansion

The Guardian - UK

Is India Overtaking the US in Economic Influence? Elon Musk Thinks So

When Elon Musk commented “The balance of power is changing” on a chart comparing global economic growth, it triggered a sharp global reaction. The question many began asking was simple yet provocative: Is India now economically stronger than the United States? The short answer is nuanced. India has not overtaken…

Times Life

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Sanctions having ‘significant impact’ on Russian economy, says EU special envoy

Exclusive: David O’Sullivan says war-based economy may be nearing point of becoming ‘unsustainable’

The Guardian - UK

Flawed economic models mean climate crisis could crash global economy, experts warn

States and financial bodies using modelling that ignores shocks from extreme weather and climate tipping points

The Guardian - UK

‘You Don’t Need to Have a PhD in Computer Science’ to Make a Great Living as AI Disrupts the Economy as We Know It. The Good and Bad of Nvidia CEO Jensen Huang’s Latest Prediction.

Jensen Huang is predicting an AI construction boom where blue-collar workers can bag six-figure salaries. He makes a compelling argument, but there are a couple of big caveats here that we can't ignore.

Barchart

Having a college degree still matters for being one of the wealthier Americans, New York Fed says

The spending divide is visible in the past three years of data, the New York Fed says, and college degrees matter a lot.

Fortune

The economy is the world's most important problem, but not America's

Only the U.S. and eight other countries – out of 107 – cited politics as their top problem in a new Gallup survey.

Axios

Greens hold door open to capital gains tax reforms

Support from the Greens could hold the key to opening the door to capital gains tax changes as the government ponders reforms the opposition says it won't back.

AAP

3 Ways the Trump Economy Could Affect Your Social Security in 2026

There are already indications of three big ways the Trump economy could affect Social Security in 2026.

GOBankingRates

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The Times of India

Saudi Arabia’s oil giant Saudi Aramco raises $4 billion: Shakes global markets, has Wall Street buzzing

Saudi Arabia’s oil giant Saudi Aramco has successfully raised $4 billion through a bond issuance. The move highlights strong investor trust in the company's financial stability. The issuance, part of a global program, was priced in January 2026 and completed in early February 2026. Proceeds will fund capital expenditures and…

The Guardian - UK

Zero net migration would shrink UK economy by 3.6%, says thinktank

Jump of £37bn in budget deficit by 2040 would force government to increase taxes, NIESR predicts

Evening Standard

Reaching net zero migration would squeeze public finances, warns think tank

If net migration stayed positive, a larger working-age population would broaden the tax base and help stabilise the debt to GDP ratio, Niesr said.

The Independent UK

Net zero migration would require major tax rises to plug £37bn black hole, experts warn

Leading economic think tank predicts that net zero migration would lead to slower employment growth and a smaller workforce, causing a decline in overall GDP growth

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The Conversation

New research shows Australians support buying local for different reasons – and not all will pay more

We have now passed the annual Australia Day peak of calls urging us to “buy Australian” – especially lamb. The iconic green-and-gold “Australian Made, Australian Grown” logo, launched by then-Prime Minister Bob Hawke in 1986, turns 40 this year.

AAP

Forecasters dial up rate bets as banks prepare to hike

With the RBA showing stronger resolve to rein in inflation, banks will more likely than not be lifting home loan rates again in a few months, economists say.

Grocery Coupon Guide

The Real Reason Your Grocery Bill Is Higher This Year Has Nothing to Do With Inflation

If your total at checkout keeps jumping, it’s tempting to blame the economy and call it a day. But for a lot of shoppers, the bigger culprit isn’t the price of milk or eggs—it’s the way the cart has quietly changed. A few “small” upgrades here, a couple extra trips…

The Independent UK

The wealthy ramp up spending while other Americans tread water, new study finds

Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than lower-income households and those without college diplomas, according to new data released Tuesday, evidence of worsening inequality amid overall growth that may explain some of the negative sentiment around the…

The Times of India

Union Budget 2026-27 shakes up NRI money: What Indians in UAE must do now

India's Union Budget 2026-27 brings welcome changes for NRIs in the UAE. Investment limits in Indian equities have doubled, making it easier to build stakes. Property sales compliance is simplified, reducing administrative hurdles. Overseas travel and education remittances see reduced taxes, lowering costs. These reforms aim to boost diaspora engagement…

The Guardian - AU

A hot economy? RBA’s rate hike justification is hard to swallow for Australians struggling with cost-of-living crisis

Economists and the central bank might see a roaring economy but workers and mortgage holders still feel like they’re doing it tough

Newslaundry

‘Modi rediscovered zeal, economy outperforming expectations’: Economist’s India optimism binge

For an outlet that prides itself on cool detachment, The Economist has lately sounded unusually starry-eyed about India.

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