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The Latest Breaking News from Economy

Breaking Live 5 publishers covering this story in the last 6 hours

Drop in UK growth forecast limits chancellor’s budget wriggle room

OBR tells Jeremy Hunt he will have £9bn less income to factor amid falling tax receiptstax receipts

The Guardian - UK · Jan 25, 2023

Gov’t mismanagement, external pressures as Arab currencies crash

Several Arab countries outside the Gulf have seen currency devaluation and rising inflation.

Al Jazeera · Jan 25, 2023

Germany sees brighter outlook for Europe's largest economy

The economic outlook has brightened in Europe's largest economy

The Independent UK · Jan 25, 2023

From analysis to the latest developments in health,
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Inflation peak to cause even higher mortgage bills in early 2023, economists say

Australian homeowners are being warned to brace for at least two more interest rate hikes in early 2023 after fresh inflation figures.

The New Daily · Jan 25, 2023

With inflation still rising, the RBA will almost certainly lift interest rates in February

Interest rates are almost certain to rise again in February, after the latest Consumer Price Index figures showing inflation hit 7.8% in 2022 – its highest rate in 33 years.

The Conversation · Jan 25, 2023

China uses US debt battle to deflect pressure on Africa debt

The Chinese government says the U.S. should stop pressuring it on debt relief for Zambia and get its own financial house in order to avert a default and the possible fallout on the global economy

The Independent UK · Jan 25, 2023

Will WA's net zero carbon emissions laws work or will big polluters keep getting away with it?

WA is set to legislate emissions reduction targets in its push towards net zero, but there are warnings it could be business as usual for the state's big polluters for at least the next decade.

ABC News · Jan 24, 2023

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Employers cut 35,000 temporary jobs last month. Economists say it may be a preview of what's to come: 'For me, it’s a real warning sign'

Federal Reserve researchers have shown that temporary worker layoffs have, in past recessions, “preceded those in the overall labor market by 6 to 12 months."

Fortune · Jan 24, 2023

3 Gold Miners Stocks to Buy for 2023

With the latest corporate earnings expected to be indicative of a sluggish economy overburdened with rising interest rates and other macroeconomic headwinds, investing in quality gold mining stocks Gold Fields (GFI), Centamin (CELTF), and DRDGOLD (DGR) could keep portfolios sturdy to persistent broad market volatility. Continue reading….

StockNews.com · Jan 24, 2023

3 Vulnerable Stocks to Avoid Buying This Week

Falling inflation has raised the market’s hopes for rate cuts this year, but that optimism may be built on shaky ground. The U.S. economy is losing momentum, as retail sales and industrial production reported their biggest declines in recent months. As the market will likely remain volatile in the near…

StockNews.com · Jan 24, 2023

Peru president calls for 'political truce' amid protests

Peru's President Dina Boluarte called for a "political truce" on Tuesday as hundreds of protesters again took to the streets of the capital, Lima, and clashes erupted between some people in the crowds and the police, witnesses said.

Reuters · Jan 24, 2023

Eurozone economy starts growing again with positive indications for 2023

The Eurozone economy grew in January for the first time in six months, raising hopes that Europe will manage to avoid recession this winter.

Radio France Internationale · Jan 24, 2023

Nigeria bets on Chinese-funded port to drive economic growth

Nigeria's president has marked the opening of a $1.5 billion, Chinese-funded deep seaport in the commercial hub of Lagos that authorities hope will help grow the West African nation’s ailing economy

The Independent UK · Jan 24, 2023

A recession might be coming. Here's what it could look like

From a mild recession to a so-called hard landing, we sift through the wild array of recession predictions.

WEKU · Jan 24, 2023

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Al Jazeera · Jan 24, 2023

Is China’s high-growth era over – forever?

With its population declining, China’s period of rapid growth is likely over. How it copes is critical for the world.

AAP · Jan 24, 2023

WA to legislate 2050 net-zero emissions

Western Australia will legislate its goal of achieving net-zero emissions by 2050 but the government is no closer to revealing economy-wide interim targets.

The Guardian - AU · Jan 24, 2023

China’s shrinking population: what it means for the rest of the world - expert panel

From climate change to women’s rights, what effect will the demographic time bomb at the heart of China’s economy have?

Bangkok Post · Jan 23, 2023

Thailand economic outlook brightens

Thailand is one of the key beneficiaries of China's early border reopening and an expected Chinese tourism rebound. With the strong tourism momentum, we now expect 25 million foreign tourists this year, compared to 19.2 million in a previous forecast.

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Foreign Policy · Jan 23, 2023

Can China Pull Off Its Charm Offensive?

Why Beijing’s foreign-policy reset will—or won’t—work out.

StockNews.com · Jan 23, 2023

Get the Most Bang for Your Buck With These 3 Stocks

With data starting to reveal signs of a slowdown in an economy burdened with inflation and reactive interest rate hikes, loading up on fundamentally strong stocks Gilead Sciences (GILD), Kronos Worldwide (KRO), and Bluegreen Vacations Holding (BVH) at discounted valuations could set investors up for outsized returns. Continue reading….

Wales Online · Jan 23, 2023

Small businesses need new model for growth in recession

A new report from Small Business Britain and TSB Bank has found that concerns about the economy is deterring small businesses from investing in growth, innovation and hiring new talent

StockNews.com · Jan 23, 2023

3 Stocks to Buy and Hold for Long-Term Profits

As long as inflation remains above the Fed's 2% target, a series of rate hikes might push the economy into a recession. Also, the economic data releases have turned Wall Street bearish. Hence, given the uncertainty, fundamentally strong and stable stocks UnitedHealth (UNH), Centene Corporation (CNC), and Forrester Research (FORR)…

StockNews.com · Jan 23, 2023

Buy These 2 Stocks for Big Profits in 2023

With easing inflation and indications of a slower pace of rate hikes, the economy is likely to avoid a recession. Given the improving economic condition, it could be wise to invest in fundamentally strong and quality stocks Cisco Systems (CSCO) and Carrier Global (CARR) for big profits this year. Continue…

Birmingham Post · Jan 23, 2023

Museum curator, PR specialist and lawyer among new faces on Marketing Nottingham board

Marketing Nottingham was set up to help grow the economy, create jobs and improve the quality of life for residents

The Times of India · Jan 23, 2023

Pakistan raises key rate to 24-year high of 17% as crises mount

Pakistan increased its benchmark interest rate to 17%, the highest in more than 24 years, as the economy grapples with raging inflation, supply shortages, dwindling currency reserves and stalled foreign financing.

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