The Latest Breaking News from Economy

IMF giving Pakistan tough time in 'unimaginable' economic crisis - PM

Pakistan Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund was giving his country a "tough time" over unlocking stalled funding from a $6.5 billion bailout at a time of "unimaginable" economic crisis.

Reuters · Feb 3, 2023

In India, couples begin their legal battle for same-sex marriage

Couples have filed petitions to India's Supreme Court seeking the legalization of same-sex marriage. The decision could make India the second economy in Asia after Taiwan to recognize the unions.

WEKU · Feb 3, 2023

Sunak urges UK to ‘have hope’ despite bleak assessment of economy

Sunak, in an interview with Morgan insisted he could deliver the five priorities he has set for the nation

The Independent UK · Feb 3, 2023

Have hope: Sunak says he can get the economy growing this year

Mr Sunak, in an interview with Piers Morgan for TalkTV, insisted he could deliver the five priorities he has set for the nation.

The Independent UK · Feb 2, 2023

Corporate Australia is opening its books — and the numbers probably won't be too bad, for now

It's time for the twice-a-year look inside corporate Australia, and analysts say this profit-reporting season is likely to signal a turning point for the economy as a whole.

ABC News · Feb 2, 2023

Losing the natural world comes with major risks for your super fund and bank

As the economist Herman Daly pithily said, the economy is a wholly owned subsidiary of the environment – not the reverse. Nature makes our lives possible through what scientists call ecosystem services. Think healthy food, clean water, feed for livestock, building materials, medicine, flood and storm control, recreation, and attractions…

The Conversation · Feb 2, 2023

UK to perform worst of major economies in 2023, says IMF – here’s how to achieve long-term growth

The International Monetary Fund (IMF) has produced another dismal forecast for the UK economy. The IMF expects it to contract by 0.6% in 2023, whereas all other major economies are expected to grow – including sanctions-hit Russia. Meanwhile the Bank of England expects the UK economy will be no larger…

The Conversation · Feb 2, 2023

How to watch Joe Biden’s State of the Union address

President expected to discuss police reform, economy and Ukraine war

The Independent UK · Feb 2, 2023

Home Office U-turn on Pontins takeover amid local economy concerns

Sefton Council told the ECHO it had been informed the Home Office was no longer wishing to pursue the plans

Liverpool Echo · Feb 2, 2023

Hit to UK economy from Brexit coming through faster than expected, Bank of England says

The Bank of England also said while the UK was heading for recession, it may be shorter and shallower than previously expected

Wales Online · Feb 2, 2023