The Latest Breaking News from Economy

Ministry drafts 'tough measures' to curb cyber crimes

Tough measures to suppress and prevent cyber crimes, including swift action against proxy accounts transferring fraudulently obtained money, will soon be submitted for cabinet approval, according to the Digital Economy and Society (DES) Ministry.

Bangkok Post · Nov 7, 2022

Rural Texas is the state’s foundation. And it’s in jeopardy.

Downtowns are deserted, hospitals are closing, teachers are leaving. Every part of life in rural Texas is harder — but it’s worth saving.

The Texas Tribune · Nov 7, 2022

Iraq to Increase Production Capacity at Basra Refinery

Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani announced Sunday that the Oil Ministry is working to increase the refining capacity of the Basra Gas Company to 1,400 million cubic feet per day in the coming years. During his visit to the facilities of…

Asharq Al-Awsat · Nov 7, 2022

Brexit isn’t to blame for our current problems; it is still an opportunity

Whether that opportunity is seized or squandered is yet to be seen but the dire predictions didn’t happen

The Guardian - UK · Nov 6, 2022

Analysis-Egypt eyes diplomatic payoff from hosting COP27 climate summit

When Egypt hosts the COP27 climate summit this week it will be hoping for an injection of international legitimacy as well as green financing at a time when its economy has been struggling and it has faced rising criticism over human rights.

Reuters · Nov 6, 2022

Minister Catherine Martin reveals details of €4m fund to bring artists to nighttime gigs all over Ireland

And the minister said she is especially focused on small towns and villages in rural Ireland

Irish Mirror · Nov 6, 2022

Gig workers left to go it alone

On a busy Thursday afternoon in downtown Bangkok, 800 motorcycle delivery drivers clad in iconic green vests converged to protest in front of Grab headquarters on Phetchaburi Road to air their frustration towards its new policy which requires drivers to book a time slot and area to work in.

Bangkok Post · Nov 5, 2022

After a hell of a ride, Victoria's economy is on the up — but where are the workers?

Whoever wins this month's election will inherit an economy showing signs of pandemic recovery as the state's net debt climbs to dizzying heights. But the biggest challenge could be filling a major skilled worker shortage across a raft of critical sectors.

ABC News · Nov 5, 2022

Lula transition team invites experts who helped stabilize Brazil economy in 1990s - sources

Brazilian President-elect Luiz Inácio Lula da Silva's transition team has invited two economists, Persio Arida and Andre Lara Resende, who helped design the Real Plan that stabilized the economy in the 1990s, two sources with knowledge of the matter said on Saturday.

Reuters · Nov 5, 2022

Haitians hope for fuel supplies after police break up gang blockade at terminal

Haitians on Saturday hoped for a quick return of fuel supplies after police broke up a gang blockade that for two months had left the economy without gasoline or diesel and triggered a humanitarian crisis. 

Reuters · Nov 5, 2022