The Latest Breaking News from Economy

Biggest interest rate rise for 25 years could spell showdown at the Bank

This week’s decision could pit governor Andrew Bailey against an expansionary PM and chancellor

The Guardian - UK · Sep 17, 2022

Brighter employment figures proof of recovery, claims govt

Thailand's economy shows sign of recovery, following a dip in unemployment to its lowest level since the start of Covid-19 pandemic.

Bangkok Post · Sep 17, 2022

Darwin has been hit by war before. What do locals make of a growing military presence in their backyard?

Fighter jets roar across the skies, US Marines stroll the streets, the port debate rolls on and billions are being spent on military upgrades in Australia's Top End. In this "garrison town", is the defence build-up underway making residents feel more or less safe?

ABC News · Sep 17, 2022

How Railroad Unions Almost Broke the Economy

The narrowly averted strike would have been an economic catastrophe. The story of how we reached the brink of that disaster is an illustrative one.

Reason · Sep 16, 2022

Nearly two-thirds of Argentines see economy getting even worse: poll

Nearly 64% of Argentines fear the country's ailing economy will get even worse in the coming months, according to a survey published on Friday, against a backdrop of surging inflation and the weakening purchasing power of the peso currency.

Reuters · Sep 16, 2022

Post-Pandemic Unwind? 4 FedEx Analysts Talk Pre-Earnings Miss

FedEx Corporation’s (NYSE: FDX) stock dropped on Friday morning following its pre-earnings report on the status of the world economy, which some experts are referring to as a post-COVID-19 pandemic unwind.

Benzinga · Sep 16, 2022

Germany working on nationalisation of three major gas companies in historic bid

GERMANY is reportedly in advanced talks to nationalise three large gas importers in a bid to prevent the collapse of its energy market.

The National (Scotland) · Sep 16, 2022

Companies declared insolvent in England and Wales jump by 43%

Businesses may struggle as consumers cut back spending amid high inflation and rising fuel costs, economists warn

The Guardian - UK · Sep 16, 2022

Pound sinks to new 37-year low

The pound has hit a new 37-year low against the dollar as new official retail figures painted a bleak picture of the UK's economy.

The Independent UK · Sep 16, 2022

Online payments: A headache for Ivory Coast’s e-merchants

The e-commerce market is booming in Ivory Coast, French-speaking Africa’s largest economy. Currently worth around €46 million, it’s set to grow even more in coming years alongside the population. However, e-traders face a host of systemic challenges, from high transfer fees to restrictions on global online payment platforms such as…

France 24 · Sep 16, 2022