The Latest Breaking News from Economy

Japan opens borders to tourists as last pandemic travel restrictions eased

Japan removes strict Covid-19 travel curbs, fuelling hopes a tourist boom will reinvigorate the economy

The Guardian - AU · Oct 11, 2022

Beto O’Rourke: Texas economy is successful but not because of Greg Abbott

DALLAS — The Texas economy is humming, but it’s not because of Gov. Greg Abbott — it’s in spite of him, Beto O’Rourke said Monday.

Tribune News Service · Oct 11, 2022

'Aftershocks of Kwarteng’s disastrous mini-Budget continue to be felt across country'

The Chancellor’s botched intervention has caused the price of mortgages to spiral, damaged confidence in Britain’s economy and increased the cost of government borrowing

Daily Mirror · Oct 11, 2022

Mexico names new head of tax authority

Mexican President Andres Manuel Lopez Obrador on Monday designated Antonio Martinez to be the new head of Mexico's new tax authority (SAT) in replacement of Raquel Buenrostro, who was named as economy minister last week.

Reuters · Oct 10, 2022

Large rail union rejects deal, renewing strike possibility

The third largest railroad union rejected its deal with the railroads Monday — renewing the possibility of a strike that could cripple the economy — but before that could happen both sides will return to the bargaining table

The Independent UK · Oct 10, 2022

Paul Tudor Jones Correctly Predicted The 1987 Stock Market Crash: Here's What The Billionaire Hedge Fund Manager Says Is Coming Next

Billionaire hedge fund manager Paul Tudor Jones sees continued weakness ahead as the U.S. economy heads for recession. 

Benzinga · Oct 10, 2022

Liz Truss dreams of growth – but even if she pulls it off, it won’t help Britain

Incomes have stalled while the rich get richer. It’s clear the obsession with GDP has to change, says the University of Sheffield’s Michael Jacobs

The Guardian - UK · Oct 10, 2022

Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy?

Both of Brazil's presidential candidates, President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, have proposed changes to the constitutional spending limit that defined fiscal policy in Latin America's biggest economy for the past six years.

Reuters · Oct 10, 2022

Germany to pay December gas bills for households and businesses in new energy crisis plan

Europe’s largest economy must cut consumption by 20 per cent to avoid potential shortages, expert warns

The Independent UK · Oct 10, 2022

‘Prepare for back-breaking strikes’: Iran energy workers take action as protests against regime widen

Videos showed workers chanting ‘death to the dictator’

The Independent UK · Oct 10, 2022