The Latest Breaking News from Economy

The global leadership India needs

India, like China, takes enormous pride in its civilisation's scale and antiquity -- and rightly so. But such pride can also lead to a complacent and sometimes dangerous insularity. Since gaining independence from the British Empire 75 years ago, India has mostly looked inward, focusing on improving the welfare of…

Bangkok Post · Oct 20, 2022

Global economy to grow by 3.2% amid downturn

The global economy is growing at 3.2% this year, a substantial drop from 6% last year, with an even gloomier outlook for next year, according to Finance Minister Arkhom Termpittayapaisith after the Apec Finance Ministers' Meeting on Thursday.

Bangkok Post · Oct 20, 2022

Biden touts infrastructure investments as US midterm vote looms

Amid Republican criticism of US spending, president promotes economic programmes in battleground state of Pennsylvania.

Al Jazeera · Oct 20, 2022

Truss's demise ends the revival of Thatcher's libertarian economics

Daniel Pryor, who lobbies for governments to shrink the state and cut taxes, feels Liz Truss's brief, disastrous spell as prime minister has killed off his dream of a low-tax, deregulated British economy for at least a generation.

Reuters · Oct 20, 2022

Liz Truss promised UK a shakeup — but was forced out instead

Liz Truss became prime minister on a promise to open a new era of growth by shaking up Britain’s economy

The Independent UK · Oct 20, 2022

Taoiseach Michéal Martin leads tributes to Liz Truss as UK Prime Minister resigns after 44 days

"I convey my best wishes to her and her family"

Irish Mirror · Oct 20, 2022

Interest rates unlikely to rise above 5%, says Bank of England official

Ben Broadbent says increase already priced into markets would deliver ‘pretty material’ hit to economy

The Guardian - UK · Oct 20, 2022

From fighter to quitter – Liz Truss's brief premiership in quotes

The UK has seen 45 days of political and economic instability

Wales Online · Oct 20, 2022

Liz Truss’s 44-day leadership in quotes: From fighter to quitter

A look back at what she has said since winning the Conservative Party leadership battle

Evening Standard · Oct 20, 2022

Liz Truss timeline: Everything that happened in 44 days as Prime Minister

She announced this afternoon that she would resign, after promising "bold plans" to grow the economy.

Daily Record · Oct 20, 2022