The Latest Breaking News from Economy

Researcher: As Inflation Rises, World Faces A Recession In 2023

The global economy breached $100 trillion in 2022 but will stall in 2023 in the backdrop of policymakers fighting inflation.

Zenger · Dec 28, 2022

From China to inflation, 5 economic trends to watch in 2023

The global economy is facing risks and opportunities next year from rising interest rates to China’s reopening.

Al Jazeera · Dec 28, 2022

North West business leaders share their predictions for 2023

Business leaders have predicted what will happen next year

Birmingham Post · Dec 28, 2022

Do You Like Momentum? This 1 Stock Could Be the Perfect Pick

Despite the uncertainty in the economy, Berry (BRY) reported robust results and beat its consensus EPS and revenue in the fiscal third quarter. As the stock continues to deliver steady returns despite the market turmoil, it could be worth adding BRY to your portfolio. Read more.

StockNews.com · Dec 27, 2022

Russia's economy is still working but sanctions are starting to have an effect

Despite unprecedented sanctions, Russia's economy is still functioning and it's still attacking Ukraine. That's led to questions about whether the sanctions are effective.

WEKU · Dec 27, 2022

1 China Stock to Buy When Others Are Fearful

China’s strict COVID policy has impacted the country’s production recently. However, with the economy opening up, analysts expect the country to be back on its growth path soon. Given this backdrop, the fundamentally strong online retailer Vipshop Holdings (VIPS) could be a solid buy at the current price level. Read…

StockNews.com · Dec 27, 2022

Why do the rich get richer — even during global crises?

Every 30 hours, the pandemic spawned a new billionaire, while pushing a million people into poverty. Here’s why.

Al Jazeera · Dec 27, 2022

Chinese Make Travel Plans as COVID Rules Ease Further

Chinese people, cut off from the rest of the world for three years by COVID-19 curbs, flocked to travel sites on Tuesday ahead of borders reopening, even as rising infections strained the health system and roiled the economy. Zero-tolerance measures - from shuttered borders to frequent lockdowns - have battered…

Asharq Al-Awsat · Dec 27, 2022

Saudi Arabia Approves New Center for Special Economic Zones in Riyadh

Official information revealed that higher authorities have approved the organizational arrangements for a new center for economic zones in Riyadh. The Royal Commission for the Saudi capital would be the competent authority to supervise these zones. Last year, Crown Prince Mohammad bin Salman revealed a new strategy for the development…

Asharq Al-Awsat · Dec 27, 2022

Joy in China as mandatory Covid quarantine for inbound travellers set to end

In a snap move late Monday, China said from January 8 inbound travellers would no longer be required to quarantine on arrival in a further unwinding of hardline Covid-19 controls that had torpedoed the country's economy and sparked nationwide protests.

France 24 · Dec 27, 2022