The Latest Breaking News from Economy

Russia, Hungary congratulate Xi Jinping on third term as EU and US remain silent

China's economy grew at a faster pace than forecast in the third quarter of 2022, but investors have reacted with alarm to President Xi Jinping's sweeping new powers over the ruling Communist Party.

Radio France Internationale · Oct 25, 2022

Six graphs that explain the 2022 federal budget: rosy views mugged by reality

Australian treasurer Jim Chalmers’ main economic message is enjoy today because tomorrow is going to be tough

The Guardian - AU · Oct 25, 2022

Jim Chalmers’ first budget comes amid a darkening economic outlook. Here’s what could go wrong

The federal budget forecasts growth of 3.25% this year but hints at a slowing global economy with high inflation and interest rates

The Guardian - AU · Oct 25, 2022

Allison Schrager: Biden hasn’t helped the economy. He’s made it worse

To President Joe Biden’s credit, his policies didn’t cause many of the economic problems we face today. But they did make them worse. Even more troubling, his policies might reduce growth in the future and make the economy less equal and resilient.

Tribune News Service · Oct 25, 2022

Ramesh Ponnuru: Democrats are focusing on the wrong issues

A political party has a problem when voters think it has the wrong answers to their most important questions. It has a bigger problem when voters think it isn’t even focusing on those questions. Democrats have put themselves in that position, and it may cost them dearly in next month’s…

Tribune News Service · Oct 25, 2022

Cardiff University's massive impact on UK economy revealed

The university has 33,000 students and almost 7,000 staff

Birmingham Post · Oct 25, 2022

What Rishi Sunak is likely to announce on benefits and energy bills

Mr Sunak vowed to increase benefits in line with inflation and scrap VAT on energy bills - but that was before the economy collapsed

Wales Online · Oct 25, 2022

Rishi Sunak will leave the economy in a hole – Labour will have to think big to dig it out

If Starmer wins, he must either pursue austerity with a red rosette, or find game-changing new ideas, says Guardian columnist Owen Jones

The Guardian - UK · Oct 25, 2022

Rishi Sunak’s prize for predicting Liz Truss chaos: He gets to clean up the mess

LONDON: Rishi Sunak spent the summer trying to warn the Conservative Party that Liz Truss would trash the economy if she became UK prime minister. He failed to win the top job then -- but is now on the hook for cleaning up her mess.

The Times of India · Oct 25, 2022

Plastic recycling remains a myth, study finds

WASHINGTON: Plastic recycling rates are declining even as production shoots up, according to a Greenpeace USA report that blasts industry claims of creating an efficient, circular economy as "fiction."

Bangkok Post · Oct 25, 2022