The Latest Breaking News from Economy

'Tough road ahead' warning despite economy 'bounce back' in latest figures

'Aftershocks of Covid-19, Putin’s war and high global gas prices' will all continue to impace, it was warned

Wales Online · Dec 12, 2022

FTSE 100 Live: UK economy grew in October, Microsoft builds LSE stake

The UK unemployment rate today rose to 3.7% as figures also showed the cost of living squeeze through a 2.7% fall in real terms pay.

Evening Standard · Dec 12, 2022

UK facing ‘tough road’ as recession looms despite economy growing in October – as it happened

Chancellor Jeremy Hunt warns economy likely to get worse before improving, after UK GDP rose 0.5% in October, but shrank by 0.3% in the August-October quarter

The Guardian - UK · Dec 12, 2022

Popping off on populist pledges

With Thailand expected to hold a general election next year, political parties have kicked off their campaigns offering promises to appeal to voters.

Bangkok Post · Dec 11, 2022

Crucial year for burgeoning space economy

Thailand's satellite-related economy is expected to reach an important milestone next year with two major developments -- the auction of rights to use satellite orbital slots, scheduled for Jan 8, and a push by the telecom regulator to amend the rules governing landing rights licences for foreign satellite operators, paving…

Bangkok Post · Dec 11, 2022

Brazil economy ministry rejects Lula transition team's judgment on finances

Brazil's Economy Ministry on Sunday rejected assertions by president-elect Luis Inacio Lula da Silva's transition team that the outgoing administration was leaving government finances "bankrupted."

Reuters · Dec 11, 2022

Hunter can take 'lot more people': population of 950,000 by 2041

A key regional advocacy group says the Lower Hunter has "much more capacity for growth and heavy lifting" to accommodate population rises across Greater Sydney.

Newcastle Herald · Dec 11, 2022

Haitham Al Ghais: OPEC+ Plays Instrumental Role in Supporting Market Stability

The OPEC+ alliance plays an instrumental role in supporting market stability, said OPEC Secretary General Haitham Al Ghais on the sixth anniversary of the group’s formation. The Declaration of Cooperation (DoC) is an unprecedented collaborative framework of 23 oil-producing countries that is based on trust, mutual respect and dialogue, Al…

Asharq Al-Awsat · Dec 11, 2022

Infamy, infamy … the Brexit legions have still got it in for Sunak

Power, in this disintegrating Tory party, seems as precarious as being an emperor in febrile ancient Rome

The Guardian - UK · Dec 11, 2022

Peru leader names ex-cenbank official as economy chief

Peru’s new President Dina Boluarte named a U.S.-educated economist who has spent most of his career at the central bank as economy minister, as she tries to restore calm after the turmoil of recent days.

Tribune News Service · Dec 11, 2022