Dow Drops Over 400 Points After US Economy Adds 263,000 Jobs During September U.S. stocks traded lower this morning, with the Dow Jones dropping more than 400 points on Friday. Benzinga · Oct 7, 2022
Risky 'Shadow Banks' Are Still Unregulated: Are They A Threat To The UK Economy? The Bank of England recently unpacked £65 billion ($72 billion) in an emergency measure to avoid a crash in government bond prices. Without the intervention, the U.K.’s pension funds, which rely heavily on bond holdings, would have entered default. A larger economic crisis was averted. Benzinga · Oct 7, 2022
Mexican tax chief Raquel Buenrostro named as next economy minister Mexican President Andres Manuel Lopez Obrador on Friday named the country's tax authority chief Raquel Buenrostro as the next economy minister, a day after former minister Tatiana Clouthier resigned. Reuters · Oct 7, 2022
US economy adds 263,000 jobs in September The positive jobs report could be a sign that recent interest rate increases haven’t caused businesses to slow hiring The Independent UK · Oct 7, 2022
The broken US economy breeds inequality and insecurity. Here’s how to fix it On one side, oceans of wealth and power. On the other, precarity and powerlessness. But we have the tools for reform The Guardian - US · Oct 7, 2022
U.S. economy adds 263,000 jobs in September Monthly job gains have slowed from the breakneck pace that defined the pandemic recovery. Axios · Oct 7, 2022
Taiwan economy minister to address 'concerns' during US visit Taiwan Economy Minister Wang Mei-hua will visit the United States next week to respond to what her office called "concerns" about supply chains and geopolitical issues and will also visit U.S. tech firms that are major customers of Taiwanese semiconductor companies. Reuters · Oct 7, 2022
Direct US and Middle East flights to Northern Ireland targeted under proposed airline funding scheme The Department for the Economy is developing a new Northern Ireland Route Development Scheme Birmingham Post · Oct 7, 2022
Imran Khan: ‘This government will push Pakistan to the brink’ Ex-PM attacks the government over its handling of the flood-ravaged economy and once again calls for swift elections. Al Jazeera · Oct 7, 2022
Economy and currency paper for independent Scotland to be published next week Speaking ahead of that, First Minister Nicola Sturgeon said work on a Scottish central bank would begin immediately after a Yes vote. The Independent UK · Oct 7, 2022
Americans are becoming less productive, and that's a risk to the economy Job market swings over the past few years have dampened the motivation of many workers and led to a decline in the fuel of the U.S. economy — productivity. WEKU · Oct 7, 2022
Government doing ‘lasting damage’ to economy, says Nicola Sturgeon, as she vows to go ahead with independence referendum Scottish First Minister vows to press ahead with independence referendum next year Evening Standard · Oct 7, 2022
Tyler Cowen: A crisis is coming in Europe. The only question is, which kind? European governments are facing a choice of which kind of crisis to have: an energy crisis or a fiscal crisis. The global economy may hang in the balance. Tribune News Service · Oct 7, 2022
Rees-Mogg: New oil and gas licensing will boost economy and energy security A total of 898 blocks are being made available across huge expanses of the North Sea Insider UK · Oct 7, 2022
Asharq Al-Awsat · Oct 7, 2022 Saudi Arabia Signs MoU to Boost Cooperation, Data Exchange Saudi Arabia’s Ministry of Economy and Planning (MEP) has signed a memorandum of understanding (MoU) with the Saudi Economic Association to boost cooperation in research. Both parties will promote closer cooperation on economic research, capacity building, events and reports to share knowledge and advance joint goals on growth, diversification and…
The Guardian - UK · Oct 7, 2022 UK economy predicted to be weak till 2024 despite Truss growth agenda Business confidence sinks to lowest level since depth of Covid pandemic as rising costs hit households and companies
The National (Scotland) · Oct 7, 2022 New licensing round for North Sea oil exploration will boost economy, Energy Secretary says A NEW licensing round for oil and gas exploration will boost both the UK’s economy and energy security, Business and Energy Secretary Jacob…
Tribune News Service · Oct 7, 2022 California takes leading edge on climate laws. Others could follow California has enacted an ambitious package of legislation to aggressively combat the climate crisis — a bold move by the world’s fifth-largest economy that could inspire action in other states.
The Independent UK · Oct 6, 2022 Rees-Mogg: New oil and gas licensing will boost UK economy and energy security Energy Secretary Jacob Rees-Mogg spoke as the North Sea Transition Authority began its latest round of licensing for offshore oil and gas.
Insider UK · Oct 6, 2022 Scottish retail footfall gradually improves Meanwhile, click and collect could be worth more than £2.5bn to Scotland's economy
Daily Mirror · Oct 6, 2022 Piers Morgan slams 'unmitigated shambles' Liz Truss and urges Tories to 'get rid' Piers Morgan lived up to expectations during his stint on the Question Time panel this evening - branding Liz Truss a failure and calling for the Tories to oust her from her position, following the under-fire Prime Minister playing 'casino politics' with the economy
Bangkok Post · Oct 6, 2022 Foreigners snap up B146bn of Thai stock Foreigners were net buyers of 146 billion baht worth of equities on the Thai stock market in the first nine months of this year as they expect tourism to revive the economy in the fourth quarter, say executives at the local bourse.
Al Jazeera · Oct 6, 2022 US midterm elections: Five economic issues to watch Inflation is on the minds of American voters as they head to the polls next month to decide who will control Congress.
The Hindu · Oct 6, 2022 Explained | Is it time for the gig economy? What is moonlighting and how is it affecting the companies in India? Is it a punishable offence under the law? How has the work-from-home culture affected the gig economy of our country?
Axios · Oct 6, 2022 What a dream scenario September jobs report would look like Higher labor force participation is key for the economy.