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The Latest Breaking News from Economy

Data sheds light on Thai Pavilion's triumph

The Digital Economy and Society (DES) Ministry hailed the Thailand Pavilion at Dubai's World Expo as a success because it attracted more than 2.35 million visitors, which accounted for 9.8% of the fair's total visitor numbers, beating its original target of 7%.

Bangkok Post

Ousted Pakistani PM Khan demands fresh elections

Pakistan's ousted prime minister, Imran Khan, on Thursday demanded fresh elections amid political turmoil after a new government took over and warned it faces an enormous challenge to revive a battered economy.

Reuters

5 Large-Cap Growth Stocks to Sell Now

Concerns over high inflation, supply chain disruptions, and rising COVID-19 cases are expected to keep the stock market volatile for an extended period. While the increased focus on domestic production should help the economy recover, the rate is expected to decelerate. Therefore, large-cap growth stocks Snowflake (SNOW), PayPal (PYPL), DoorDash…

StockNews.com

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This is India’s moment of reckoning

The country can be the fulcrum of the new global order, as a peaceful democracy with economic prosperity

The Hindu

Vote Compass data shows climate change, cost of living and the economy are the big election issues, but voters still split along party lines

Climate change, cost of living and the economy are the most important issues to Australians this election, but there's a large split along voting lines, according to Vote Compass.

ABC News

Global energy crisis, Russia invasion eclipse Biden climate goals

As a candidate, Joe Biden made climate change a pillar of his campaign for the White House, promising to decarbonize the U.S. economy, end drilling on public lands, and lead the world in a historic shift away from fossil fuels.

Reuters

‘Economic blockade’: Syrian city punished for anti-govt protests

Druze-majority Sweida has stayed relatively neutral in Syria’s war, but recent protests have led to punishments.

Al Jazeera

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Saudi GDP Expected to Grow to $895 Bln in 2025

A Saudi economic indicator announced on Wednesday its estimates that the Kingdom's GDP will reach SAR 3 trillion ($895 billion) in 2025, emphasizing the balanced growth of the national economy during the last period. The index, run by the Research and Information Center at the Chamber of Commerce and Industry…

Asharq Al-Awsat

Why one of Wales' leading tech firms needs to come out of Chinese ownership

The UK Government needs to use legislation to intervene on the acquisition of Newport Wafer Fab by Nexperia

Wales Online

Xi defends China’s Covid response amid mounting economic woes

President Xi Jinping defended China’s lockdown-dependent approach to fighting the pandemic, even as he sought to reassure the world that the country was still committed to opening its economy.

Bangkok Post

‘Worst crisis since the second world war’: Germany prepares for a Russian gas embargo

Industry and economists say a ban would be catastrophic for the country’s economy, but many companies expect it to happen anyway

Financial Times

List of 35 new train stations and wish list schemes leading the UK railway upgrade

Here is a rundown on the latest rail station developments currently underway with details of schemes that local leaders say will transform the economy if they get built.

Birmingham Post

COVID-19 took a toll on the arts. A new report has details on the impact

WEKU

Government spending increased $2 trillion in 2020, but GDP fell by nearly a trillion

How did GDP fall despite a historic increase in government spending due to the 2020 stimulus? Part of it has to do with the highest saving rate since 1945.

USAFacts

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Kiplinger

10 Things You Should Know About Bonds

Bonds can be more complex than stocks, but it's not hard to become a knowledgeable fixed-income investor.

USAFacts

What is gross domestic product, or GDP?

GDP is an overall measure of economic activity. How is it calculated and used?

Newslaundry

Teaser: Rajeev Gowda on India’s economy and how to put the Congress back on the political map

Rajeev Gowda is a Rajya Sabha MP, national spokesperson of the Congress party, and a former professor at the Indian Institute of Management, Bengaluru. In a conversation with Meghnad S, Gowda talks about the major factors dampening India’s economy.

Newslaundry

Want to increase GDP? Buy more Roasted Mashed Aubergine Masala

Last week, the Government released figures of Gross Domestic Product (GDP) growth and it led to a lot of general furor about the state of our economy. While economists, politicians and commentators like to go bananas over this one term, it is quite difficult for a mango person to understand…

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Fortune

What Is an 'Inverted Yield Curve'? And Why Is It Being Blamed for the Dow's 800+ Point Loss?

The rate on a 2-year Treasury bond briefly exceeded the rate on a 10-year bond, badly spooking the market.

Newslaundry

The curious tale of two FICCI press statements

Two contrasting statements issued by the Federation of Indian Chambers of Commerce and Industry (FICCI) over the increase in repo rate by 25 basis points by Reserve Bank of India (RBI) on Wednesday became a flashpoint of controversy.

Newslaundry

Bharatiya Janata Party’s GDP Jumla

The latest set of gross domestic product (GDP) numbers were released yesterday.

Fortune

This Is the World's Most Important Chart

Here's all you need to know about 2016's rough start.

Fortune

Stock market plunge: Why oil matters

Cheaper oil is less of a boon for the economy than it used to be.

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