How Long? How Often? 10 Facts About Economic Recessions Fears of an economic downturn are once again on the rise, but what is a recession, exactly? We tackle this and other questions here. Kiplinger · Nov 22, 2022
Not Just Another Recession Why the global economy may never be the same. Foreign Affairs · Nov 22, 2022
Scotland launches wellbeing economy toolkit as campaigners call for action A TOOLKIT that will help local authorities move towards a wellbeing economy has been announced by the Scottish Government. The National (Scotland) · Nov 22, 2022
Business output shrinks for second month Demand for services has cooled off but manufacturing conditions remain relatively robust, according to a new survey. AAP · Nov 22, 2022
2 Stocks to Buy for Beginners to Get Started Despite the macro issues, many believe the U.S. economy might achieve a ‘soft landing.’ Moreover, amid surging optimism, the S&P 500 could pull off a year-end rally. However, as uncertainty remains, beginners with little money could consider investing in quality stocks AT&T (T) and Berry Corporation (BRY), which are currently… StockNews.com · Nov 22, 2022
Mukesh Ambani: Indian economy to grow 13-fold to $40 trillion by 2047 GANDHINAGAR: India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. The Times of India · Nov 22, 2022
Mukesh Ambani says Indian economy to grow 13-fold to $40 trillion by 2047 GANDHINAGAR: India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. The Times of India · Nov 22, 2022
Steadying the ship, but more detail needed: our post-Budget analysis Insider speaks to a tax expert to dig into the finer details of the Autumn Statement and look ahead to the Scottish Spending Review Insider UK · Nov 22, 2022
Alumina refines credible path to net zero Clean energy and local expertise could transform alumina refining, which has been one of toughest sectors to crack in decarbonising the Australian economy. AAP · Nov 22, 2022
UK forecast for 'worst recession among top economies' due to Brexit and Tory policies The latest forecast from the OECD revealed a sharp downgrade for the UK economy, which is expected to shrink by 0.4 in 2023 and grow by just 0.2… The National (Scotland) · Nov 22, 2022
Starmer says Labour government would have to ditch policies to revive battered economy Sir Keir Starmer promised a ‘pragmatic’ approach to migration policy and acknowledged he would put stability ahead of some ‘good Labour things’ The Independent UK · Nov 22, 2022
Starmer woos business chiefs with focus on economic stability Labour leader says current EU trade deal is not working, but vowed not to rejoin the single market Insider UK · Nov 22, 2022
Starmer seeks to woo business chiefs with focus on economic stability Sir Keir Starmer promised a “pragmatic” approach to migration policy and acknowledged he would put stability ahead of some “good Labour things”. The Independent UK · Nov 22, 2022
UK to be second weakest performer of world’s big economies next year – OECD Most countries’ forecasts cut as Ukraine war prompts ‘largest energy crisis since the 1970s’ The Guardian - UK · Nov 22, 2022
Evening Standard · Nov 22, 2022 OECD says UK economy set for worst performance in G7 Germany’s economy is the only other G7 nation set to shrink next year
Axios · Nov 22, 2022 The coming Moon economy NASA's most recent Moon mission is stoking the flames of a burgeoning lunar economy.
The Independent UK · Nov 22, 2022 OECD forecast: High rates and inflation to slow world growth Hobbled by high interest rates, punishing inflation and Russia’s war against Ukraine, the world economy is expected to eke out only modest growth this year and to expand even more tepidly in 2023
Fortune · Nov 22, 2022 If you think the world’s energy crisis is bad right now, next winter will be worse, says the OECD The OECD says the true scale of the world’s economic woes will only become clear in 2023, when the organization predicts “a significant slowdown" for the global economy.
The Guardian - UK · Nov 22, 2022 Eurosceptic former MP Owen Paterson takes UK government to European court of human rights – as it happened Former Tory cabinet minister and arch Eurosceptic claims his rights to privacy infringed by inquiry into lobbying
Asharq Al-Awsat · Nov 22, 2022 IsDB Tackles Growth Challenges of Members with Seven-Item Plan International financial institutions stand out in times of crises, such as recession and inflation the global economy is now facing. These problems emerged from disruptions in global supply chains as production declined after the coronavirus pandemic. Disruption in global supply chains and lowered production rates have caused international borrowing rates…
The Guardian - UK · Nov 22, 2022 UK borrows more as energy support begins and economy slows Losses on government bonds and higher debt interest caused by rising inflation add to October figure
Daily Mirror · Nov 22, 2022 Keir Starmer tells firms to 'help' Britain off its 'immigration dependency' Labour's leader said he will be 'pragmatic' about immigration - but did not promise to relax the Tories' rules overall. He told firms: 'Our common goal must be to help the British economy off its immigration dependency'
Reuters · Nov 22, 2022 South Korea warns of economic damage if truckers go on strike South Korea's prime minister urged unionised truckers on Tuesday to scrap plans to go on strike this week to spare the economy what he called paralysis and irreversible damage, fuelling fears for the country's post-pandemic recovery.
ABC News · Nov 22, 2022 Drug, alcohol and smoking addiction costing Australia billions, new report shows Addictions cost the Australian economy more than $80 billion in 2021, according to a new report that argues for the nation to rethink its approach to the issue.
Reuters · Nov 22, 2022 Beijing shuts parks, Shanghai tightens entry as China COVID cases rise Beijing shut parks and museums on Tuesday and Shanghai tightened rules for people entering the city as Chinese authorities grapple with a spike in COVID-19 cases that has deepened concern about the economy and dimmed hopes for a quick reopening.