The Latest Breaking News from Economy

Four economists on ways to tackle UK cost of living crisis

Political leaders from all major UK parties have put forward proposals to relieve the cost of living crisis this winter

Wales Online · Aug 16, 2022

China's economic growth is slowing, and the government's not doing much about it

China's economy has been the largest source of growth for global GDP for much of the last two-plus decades.

Axios · Aug 16, 2022

Why rents are soaring pretty much everywhere in the U.S.

A recession wouldn't bring much relief for renters.

Axios · Aug 16, 2022

Economy and Society, August 16, 2022: ESG becomes a campaign theme

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia · Aug 16, 2022

Asian shares mostly higher, echoing Wall Street rebound

Asian shares are mostly rising after a rebound on Wall Street, despite regional investor risks reflected in negative economic data out of China

The Independent UK · Aug 16, 2022

Workers' pay falls at record levels as Tories 'have lost control of the economy'

Boris Johnson is on his second holiday in a fortnight as Brits are facing a deepening cost of living crisis. Between April and June, regular pay slumped by 3% when taking skyrocketing inflation into account, according to official statistics.

Daily Mirror · Aug 16, 2022

UK real pay falls by record 3%, as job vacancies also decline – as it happened

UK wages adjusted for inflation decline at fastest rate in 20 years, while job vacancies fall, as average annual grocery bill is set to jump by £533 to £5,128

The Guardian - UK · Aug 16, 2022

Ukraine's Black Sea deal also helps Russian farmers, economy

Agreements to unblock Ukrainian grain stuck at Black Sea ports for nearly six months of war also gave a boost to Russia's food and fertilizer

The Independent UK · Aug 16, 2022

Indonesia at 'pinnacle of global leadership', president says

Indonesian President Joko Widodo on Tuesday hailed his country's growing stature on the global stage and reiterated calls for the Southeast Asian nation to be a "bridge of peace" between Russia and Ukraine.

Reuters · Aug 16, 2022

One year into Taliban control, Afghans face poverty and repression. Australia cannot turn a blind eye

One year after the fall of Kabul, life is difficult and precarious for almost everyone in Afghanistan. More than half of the 40 million people of this troubled country are facing severe malnutrition and grinding poverty, and 90% struggle with food insecurity. In a land of widows and orphans, disaster…

The Conversation · Aug 16, 2022