The Latest Breaking News from Economy

Growing number of Germans won't be left in dark with blackout courses

Once purely the stuff of action movie plots, the prospect of the lights going out in Europe's biggest economy has become a conceivable threat during the current energy crisis.

Reuters · Nov 11, 2022

Russia’s Kherson retreat marks tectonic shift in Ukraine war

Withdrawal from regional capital further undermines Russia’s geopolitical prestige and gives boost to Ukrainian economy.

Al Jazeera · Nov 11, 2022

'Out-Of-The-Box' Approach Helps Lithuania's Aušrinė Armonaitė Build Strong Economy

Lithuania, which was in the news this week for its opening of a trade office in Taiwan, is seeking to dampen the blow of economic crosscurrents by diversifying its dependencies via new global partnerships, foreign direct investment (FDI) initiatives and education.

Benzinga · Nov 11, 2022

Recession news – live: Hunt warns of ‘eye-watering’ decisions amid economic downturn (cloned)

Chancellor warns of ‘tough road ahead’ as economy contracts by 0.2 per cent

The Independent UK · Nov 11, 2022

Carl Icahn says ignore Thursday's rally, we aren't out of a bear market

Billionaire investor Carl Icahn reiterated warnings that a recession is coming and that he is keeping his portfolio at Icahn Enterprises hedged

Fortune · Nov 11, 2022

China eases its 'zero COVID' policy with shorter quarantines and fewer restrictions

Authorities in Beijing ease — but don't end — COVID-19 control policies that have kept case counts low but hurt the Chinese economy.

WEKU · Nov 11, 2022

UK on brink of longest recession in history as Tories blamed for their 'disastrous economic record'

Labour and the SNP accused the Conservatives of leading the country through a decade of weak growth and inequality.

Daily Record · Nov 11, 2022

Lula's market lure fades after Brazil's 'Liz Truss moment'

There is growing investor pessimism that Brazilian President-elect Luiz Inacio Lula da Silva will govern with fiscal discipline as the country's central bank chief likened a market selloff to a "Liz Truss moment for Brazil."

Reuters · Nov 11, 2022

UK economy shrinks as economists warn of more pain to come

Statistics show that Britain’s economy shrank in the three months to September, and forecasters are warning of many months of contraction to come

The Independent UK · Nov 11, 2022

Conor Sen: Republicans can’t stop a new wave of government spending

The outcome of the midterm elections has left lingering uncertainty in Washington, including the question of what fiscal policy might look like in the new Congress. But even if Republicans regain control of the House of Representatives and/or the Senate, the landscape as we close out 2022 is completely different…

Tribune News Service · Nov 11, 2022