Inflation and recession: Can the world defeat both in 2023? No, it must accept one, per conventional wisdom. But Europe’s showing another way, though it won’t be painless either. Al Jazeera · Feb 9, 2023
Holidaymaker scores business class seats for 'cheaper than economy' with one switch One man claims that he was able to bag fancier seats for less than the price of economy tickets. Daily Record · Feb 9, 2023
Shadow Economy in Saudi Arabia Touches 15% Saudi Finance Minister and Chairman of the Zakat, Tax and Customs Authority (ZATCA) Mohammed Al-Jadaan – during a panel discussion held under the theme “Addressing the Shadow Economy Using Digital Solutions”, as part of the Riyadh-hosted Zakat, Tax and Customs Conference said that the shadow economy today has become prevalent… Asharq Al-Awsat · Feb 9, 2023
China’s Growth Prospects After Zero-Covid Despite the IMF upgrading its GDP projection, China is facing major downward pressures that seem likely to constrain its recovery, in both the short and medium term. The News Lens · Feb 9, 2023
'Such a big impact': Barr outlines the biggest risk to ACT economy Mr Barr released a mid-year budget update on Thursday. The Canberra Times · Feb 9, 2023
Small vendor scheme tacks on 25 provinces An additional 25 provinces will be included in the Digital Economy and Society (DES) Ministry's programme aimed at supporting small vendors to leverage digital tools to improve their business, says DES Minister Chaiwut Thanakamanusorn. Bangkok Post · Feb 8, 2023
Thai economic prospects far from rosy Logically, one would imagine that 2023 would be a much better year than 2022. Covid is over in every corner of the earth and economic activities resume. The world oil price is below US$80 (2,677 baht) per barrel and inflation is coming down. At the first meeting of 2023, the… Bangkok Post · Feb 8, 2023
3 Stocks With Surprising Growth Potential in 2023 With inflation showing signs of cooling and the probability of a recession declining, there have been slivers of optimism regarding the economic climate. Therefore, investors could benefit from buying fundamentally strong stocks General Motors (GM), Cars.com (CARS), and Apogee Enterprises (APOG), with solid growth potential. Keep reading…. StockNews.com · Feb 8, 2023
Biden’s State of the Union speech was in stark contrast to Britain’s dearth of economic ideas The US president’s strategy is a world away from anything the Tories have to offer, says Guardian columnist Martin Kettle The Guardian - UK · Feb 8, 2023
3 Stocks to Help You Build Wealth in the Market Receding inflationary pressure and the Fed’s smaller rate hike have raised investor optimism. However, amid additional rate hike fears and associated volatilities, investors could scoop up quality stocks Johnson & Johnson (JNJ), Coca-Cola (KO), and AstraZeneca (AZN) that could help them build wealth in the market. Read on…. StockNews.com · Feb 8, 2023
Kenya's president wants taxes to replace foreign debt – seven ways to get there In the run-up to Kenya’s 2022 polls, economic issues, particularly public debt and joblessness, took centre stage. The Kenya Kwanza team led by William Ruto suggested that Kenya had over-borrowed, a habit they pledged to stop. Ruto’s rivals defended the debt, insisting investment in infrastructure would spur economic growth. The Conversation · Feb 8, 2023
3 Winning Stocks to Buy No Matter What the Market Does Continuing improvements in economic indicators reflect that the U.S. economy is resilient amid the weak earnings forecasts. However, since the market is expected to remain under pressure for some time, it could be wise to add winning stocks, Oracle Corp. (ORCL), CVS Health (CVS), and Halliburton (HAL), to your portfolio.… StockNews.com · Feb 8, 2023
What experts think of the RBA’s interest rate rises – and what they say is coming next Five leading economists give their views on what’s on the horizon for Australia’s economic future The Guardian - AU · Feb 8, 2023
Rishi Sunak urged to apologise over damage caused by Liz Truss to UK economy Stephen Flynn asked Sunak to apologise on behalf of the Tory party for Liz Truss crashing the economy after she refused to take responsibility for… The National (Scotland) · Feb 8, 2023
The Independent UK · Feb 8, 2023 SNP urges PM to apologise over ‘damage’ of Liz Truss’s premiership Rishi Sunak acknowledged ‘mistakes had been made’ but added his Government had a ‘clear plan to halve inflation and grow the economy’.
StockNews.com · Feb 8, 2023 3 Great Stocks to Buy More of Today While the Fed’s interest rate increases have shown some success in easing inflation, the stronger-than-expected jobs report suggests that the Fed has more work to do. Continued interest rate hikes will likely push the economy into a recession. Amid an uncertain economic backdrop, it could be wise to buy shares…
Fortune · Feb 8, 2023 The most influential figure in America’s economy earns just $190,000 a year—and he says that’s fair The chair of the Federal Reserve has a more immediate impact on investement, employment and asset prices than anyone else, and yet CEOs would scoff at his take home pay.
Wales Online · Feb 8, 2023 Eight claims about Brexit which have proved totally untrue Brexit campaigners made many promises that have not worked out that way
The National (Scotland) · Feb 8, 2023 Unelected Lords guzzled 300 bottles of bubbly and wine as economy tanked UNELECTED Lords have guzzled more than 300 bottles of bubbly and wine since the Tories crashed the economy last year.
Fortune · Feb 8, 2023 President Biden's industrial policy push is a break from 50 years of orthodoxy It will change the contours of the global economy.
The New Daily · Feb 8, 2023 Walking the ‘narrow path’: Will Australia avoid a recession in 2023 as Jim Chalmers predicts? Treasurer Jim Chalmers isn't predicting a recession in 2023, but experts say the risk is rising as consumer spending slows.
Chicago Tribune · Feb 8, 2023 Michael Phillips: AMC’s new pricing policy? Extra charge for better seats — and thanks for nothing In the gouging spirit of surge pricing and airline basic economy, AMC Theatres this week announced its new seating strategy.
Los Angeles Times · Feb 8, 2023 Commentary: One smart way to win over working-class voters — and help the economy Pennsylvania Gov. Josh Shapiro has held his job for less than a month, so it’s probably too early for him to think about running for president. But it’s not too soon for other governors considering a White House run to do what he did with a splash on his first…
France 24 · Feb 8, 2023 Confident Biden highlights strength of US economy in State of the Union speech In his State of the Union address, US President Joe Biden underlined slowing inflation and low unemployment as signs that the country's economy is resilient and ready to compete with China in key sectors. Looking forward, he aims to reduce the deficit and raise the debt ceiling by increasing taxes…
The Independent UK · Feb 8, 2023 Mapped: The areas hit hardest by mortgage hikes of up to £13,000 a year Compare prices across the country as rates set to increase again