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The Latest Breaking News from Economy

Will Russia back down from war after further EU and US sanctions?

Moscow has denied that the latest round of sanctions by the EU and the new strict measures by Washington will have any effect on its economy or its war strategy, signalling that Russia will not back down on its invasion of Ukraine or agree to a ceasefire.

Euronews

Young voters in Côte d'Ivoire want jobs, change – but most of all, peace

As Ivorians head to the polls on Saturday, with their 83-year-old incumbent president seeking a fourth term, young people in the country spoke to RFI about the frustrations of living in a country with a healthy economy but a lack of opportunities.

Radio France Internationale

A recession could test whether AI is truly fueling an economy with 'jobless growth'

Also: All the news and watercooler chat from Fortune.

Fortune

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read the most diverse news in one place.

Belgium demands change in plan to use frozen Russian assets for Ukraine

The European Union’s executive branch has been developing a plan to use Russia’s frozen assets as collateral to drum up funds

The Independent UK

Rachel Reeves is the face of this budget. But the really big decisions are not in Labour’s hands

The UK’s economic policy isn’t decided by politicians, but by the OBR and the Bank of England. This is a system in dire need of a rethink, says Guardian columnist Larry Elliott

The Guardian - UK

Trump Heads To Asia Aiming To Make Deals With Xi

US President Donald Trump is set to embark on a major trip to Asia this week with all eyes on an expected meeting with Chinese leader Xi Jinping that has huge implications for the global economy.

International Business Times

To Make Ends Meet, Argentines Sell Their Possessions

A street market in a Buenos Aires working-class neighborhood bustles with desperate Argentines who have taken to hawking their belongings to make ends meet as the economy sputters.

International Business Times

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Marsh McLennan And Bloomberg Unite To Guide Businesses Through Global Turbulence

Marsh McLennan Companies, Inc. (NYSE:MMC) has formed a strategic knowledge partnership with Bloomberg Media to power select marquee Bloomberg events, including the New Economy Forum, Qatar Economic Forum, and Bloomberg House at Davos.

Benzinga

Most Independents Believe The Trump Admin Is Mishandling Immigration And The Economy

Most independent Americans believe the Trump administration is mishandling immigration and the economy, according to a new poll

Latin Times

Chancellor hoping shift in tone on Brexit will ring true for key groups of voters

Rachel Reeves’ criticism of Brexit impact on economy is aimed at leave voters who have changed their minds and younger voters, says analysts

The Guardian - UK

Australia’s surprise unemployment spike suggests an economy not overheating but in need of stimulus

Last week’s announcement that unemployment reached 4.5% in September came as a shock to the RBA, which must have been either embarrassed – or ecstatic

The Guardian - AU

Office of Space Commerce faces an uncertain future amid budget cuts and new oversight

When I imagine the future of space commerce, the first image that comes to mind is a farmer’s market on the International Space Station. This doesn’t exist yet, but space commerce is a growing industry. The Space Foundation, a nonprofit organization for education and advocacy of space, estimates that the…

The Conversation

Catastrophic Jaguar Land Rover cyberattack to cost UK economy at least $2.5 billion, according to estimates — 5,000 independent organizations decimated by supply chain fallout

The hack of British car manufacturer, Jaguar Land Rover, has cost the UK economy as much as $2.5 billion, affecting more than 5,000 organizations as the breach brought the company and its entire supply chain to their knees.

Tom’s Hardware

Jaguar Land Rover hack has cost UK economy £1.9bn, experts say

Cybersecurity body says more than 5,000 organisations affected in most costly cyber-attack to hit Britain

The Guardian - UK

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Axios

Most Americans say U.S. on wrong track: poll

Even a significant share of Republicans — nearly 30% — give Trump low marks on the economy and how the government is functioning.

AAP

Heavy investments needed to secure green metal future

While critical mineral deals are dominating the headlines, green iron and steel partnerships could secure Australia's export future in a low-emission economy.

The Mary Sue

‘Time for your daytime nap’: Trump forgets about the tariffs he imposed and blames Biden for the sufferings of American farmers

By now, it has become known that whenever Donald Trump does not have the answers to certain questions, he tends to shift the blame onto former President Joe Biden and his administration. And guess what? He’s doing it all over again.With rising trade tensions between the US and China (…

Saving Advice

10 Gig Economy Jobs That Gen Z Can Do From Rural States

For Gen Z living outside major cities, finding flexible, high-paying work used to feel impossible. But the digital gig economy has erased geography as a...

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news in one place.

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Benzinga

Trump Administration Restores Student Loan Forgiveness, Could Fuel Holiday Spending Boom

The Trump administration has agreed to resume student loan forgiveness for more than 2.5 million borrowers — a move that could inject billions of dollars back into the consumer economy just as the holiday season kicks off.

The Independent UK

PHOTO ESSAY: Lesotho faces deep uncertainty after tariff threats and foreign aid cuts

In the wake of massive U.S. cuts in foreign aid as well as tariffs imposed by President Donald Trump’s administration, the small southern African country of Lesotho faces deep uncertainty over its fight to end the HIV epidemic and its economy.

The Independent UK

Former airline pilot reveals why swapping to an empty seat before take-off is dangerous

Although tempting - especially if cramped in economy - the veteran pilot advises against making a switch

Evening Standard

Brexit has made UK economy and productivity ‘weaker’ than thought, says Reeves

The expected downgrade of the OBR’s previous assumptions is likely to make filling a black hole in her Budget even harder.

The Free Financial Advisor

Cashless America: 7 Groups That Will Struggle Most When Paper Money Disappears

The idea of a fully digital economy sounds sleek and convenient—until you realize not everyone can keep up. As the world moves closer to becoming a cashless America, millions of people may find themselves left behind. Credit cards, digital wallets, and payment apps may simplify transactions for some, but they…

The Independent UK

Brexit had bigger impact on UK economy than critics predicted, Rachel Reeves says

Brexit ‘needlessly’ added costs to UK businesses, Rachel Reeves said, arguing ministers are now ‘unashamedly rebuilding our relations with the European Union’

The Conversation

Trump’s words aren’t stopping China, Brazil and many other countries from setting higher climate goals, but progress is slow

In the Marshall Islands, where the land averages only 7 feet (2 meters) above sea level, people are acutely aware of climate change.

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