Turkey earthquake death toll prompts questions over building standards Poorly enforced regulations may have exacerbated tragedy in a country whose economy relies on construction The Guardian - UK · Feb 7, 2023
2 Stocks to Buy as Inflation Fears Fade Investor optimism has increased considerably in the past few weeks thanks to cooling inflation figures, the Fed’s downshift on monetary tightening, and fading recession fears. Moreover, a strong job report reflects a fairly resilient economy. As the prospects for the global economy are improving, investors could consider buying fundamentally strong… StockNews.com · Feb 7, 2023
Wife's fury as husband books her and son on economy flight while he enjoys business class seat A mother has sparked outrage after revealing how her partner lied and booked the cheapest seats for her and their toddler on a long-haul flight while he had a luxury seat Bristol Post · Feb 7, 2023
Towards a greener future: Bhutan, an example to the world on cutting emissions As European countries struggle to reach their targets on reducing carbon emissions, one small landlocked country in central Asia stands as an example to the world. With nearly three quarters of its territory covered by woodland, Bhutan, with a population of around 780,000, claims to be a carbon-negative economy. As… France 24 · Feb 7, 2023
Saudi Arabia Seeks to Promote 4th Industrial Revolution Technologies to Raise Productivity Saudi ministers have revealed the Kingdom’s determination to harness technology in diversifying the economy, with the launching of new investments and activating the full potential of the fourth industrial revolution technologies in various sectors. Speaking during a session held on the first day of the LEAP 2023 conference in Riyadh,… Asharq Al-Awsat · Feb 7, 2023
Saudi Arabia Unveils Investments Exceeding $9 Billion with Launch of LEAP 2023 With the launch of the LEAP Tech 2023 conference - the largest global gathering for technology and digitization developments – on Monday in Riyadh, Saudi Arabia unveiled investments exceeding $9 billion to support future technologies and emerging companies in the Kingdom. More than 700 experts, scientists and specialized companies from… Asharq Al-Awsat · Feb 7, 2023
UK's Sunak shuffles cabinet to bolster pledges on economy British Prime Minister Rishi Sunak reshuffled his cabinet on Tuesday, breaking up two departments to better suit his pledges to spur the economy, reduce energy prices and turn around his party's fortunes before an election expected next year. Reuters · Feb 7, 2023
What time is Biden’s State of the Union address? President expected to discuss police reform, economy and Ukraine war during State of the Union 2023 The Independent UK · Feb 7, 2023
Germany's Habeck: Could reach deal with U.S. over IRA in critical minerals German Economy Minister Robert Habeck on Monday said there was a chance that de facto free-trade status could be reached between Europe and the United States in the area of critical minerals under the U.S. Inflation Reduction Act (IRA). Reuters · Feb 6, 2023
What time is Joe Biden’s State of the Union address and where can I watch? President expected to discuss police reform, economy and Ukraine war during State of the Union 2023 The Independent UK · Feb 6, 2023
CRC investing B28bn in retail expansion Central Retail Corporation (CRC), the country's biggest retailer, plans to invest 28 billion baht to expand its business in Thailand and Vietnam this year. Bangkok Post · Feb 6, 2023
1 ETF to Avoid at All Costs With a robust economy pushing back against the Fed’s efforts to cool it down, less aggressive but drawn-out interest rate hikes by the Fed are set to increase borrowing costs and hurt growing businesses. Hence getting rid of ARK Innovation ETF (ARKK) could be wise now. Read on…. StockNews.com · Feb 6, 2023
Australia's main streets are increasingly multicultural, but one type of success is yet to be measured Researchers say there is very little data on the contributions that African Australian businesses are making to the economy, so several universities have teamed up to fill that gap — and they hope to change perceptions along the way. ABC News · Feb 6, 2023
The blowout jobs report could have just changed the whole year for markets, according to Goldman’s chief economist Robust job growth is great news for the economy, but really changes the Fed’s plans. Fortune · Feb 6, 2023
Fortune · Feb 6, 2023 There's a ton of good news about the economy but Americans are feeling more gloomy than ever The economy is flashing some of its most positive economic signals in months, and Americans are still historically pessimistic.
Birmingham Post · Feb 6, 2023 North East universities put more than £2bn into region's economy New report says Newcastle, Northumbria, Durham, Sunderland and Teesside universities support hundreds of innovative firms
Fortune · Feb 6, 2023 The Treasury secretary says the red-hot labor market means the U.S. can avoid a recession: ‘You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years’ “The country has been through a lot…But really we have a strong and resilient economy,” Yellen told ABC. “And inflation is coming down.”
Fortune · Feb 6, 2023 IMF: U.S. economy might yet manage to pull off a soft landing and avoid recession Treasury Secretary Janet Yellen also downplayed the risk of the U.S. economy contracting: “You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years.”
Evening Standard · Feb 6, 2023 Grant Shapps admits Liz Truss ‘clearly’ took the wrong approach to the economy Grant Shapps has admitted that Liz Truss’s approach to the economy “clearly” wasn’t the right one.
Reuters · Feb 6, 2023 Pakistan, IMF grapple for consensus to unlock critical funding Pakistan and the visiting International Monetary Fund mission are struggling to arrive at a consensus on fiscal adjustment plans, sources said on Monday, in talks aimed at unlocking critical funds needed for the ailing South Asian economy.
StockNews.com · Feb 6, 2023 3 Stocks to Steer Clear From in February 2023 While the Fed’s rate hikes and a slowing economy have kept sales under pressure, rising tensions between the US and China might cause further disruptions in the EV industry. Hence, fundamentally weak stocks NIO (NIO), Nikola (NKLA), and Lordstown Motors (RIDE) might be best avoided now. Keep reading.
The Conversation · Feb 6, 2023 Link between crime and politics in South Africa raises concerns about criminal gangs taking over A report by the Global Initiative Against Transnational Organised Crime (Gitoc) released in September 2022 argues that South Africa has increasingly become a centre of organised crime, transcending national boundaries.
Liverpool Echo · Feb 6, 2023 Liverpool Council needs 'cold hard cash' from late night levy £1.5m has been raised by the scheme in the past five years
Daily Mirror · Feb 6, 2023 Wife livid as husband booked her economy flight with toddler - but he flew business The husband and wife fell out after he landed himself a luxury seat in business class for a 14 hour flight while his partner and child were left in economy class
The Guardian - UK · Feb 6, 2023 Bank of England could be forced to raise interest rates again, says policymaker Inflation could become entrenched as Covid, energy shock and Brexit hit economy, says Catherine Mann