The Latest Breaking News from Economy

Taliban’s rule batters Afghanistan year after US departure

A year after the Taliban swept across Afghanistan, sparking a chaotic withdrawal of U.S. and allied forces, the country’s dire economic and human rights outlook has only worsened.

Tribune News Service · Aug 15, 2022

Hard graft ahead despite some relief on rail fares

Still scope for double-digit rise that would be another huge blow to London’s economy

Evening Standard · Aug 15, 2022

Brazil to open South America’s first ‘digital nomad village’

Brazilian government hopes the project will boost the local economy by £30 million a year

The Independent UK · Aug 15, 2022

Asian Shares Mixed after China Cuts Key Rate, Japan GDP Up

Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy picked up momentum in the last quarter. Tokyo and Sydney advanced while Hong Kong, Shanghai and Bangkok fell. US futures edged lower early Monday, while oil prices declined. The…

Asharq Al-Awsat · Aug 15, 2022

Commentary: What can cities do when bad gun laws are hurting the economy?

Bad gun laws have claimed yet another victim, but not the kind you might be thinking of. This year’s Music Midtown Festival in Atlanta was recently canceled because the organizers believed Georgia law did not allow them to prohibit firearms at the event. The cancellation might have saved lives, but…

Los Angeles Times · Aug 15, 2022

Oil prices drop by $5 to lowest since before Russia invaded Ukraine – as it happened

Live coverage of business, economics and markets as Chinese economy shows signs of slowdown and Institute for Fiscal Studies warns on maintaining similar level of energy bills support

The Guardian - UK · Aug 15, 2022

AP News Digest 3:25 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK · Aug 15, 2022

China cuts interest rate to shore up sagging economy

China’s central bank has trimmed a key interest rate to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is believed to be trying to extend his hold on power

The Independent UK · Aug 15, 2022

GDP notches fastest growth in a year on eased pandemic curbs

Thailand's economy expanded at the fastest pace in a year in the second quarter as eased Covid-19 restrictions boosted activity and tourism, but multi-year high inflation and China's slowdown remain a drag on the nascent recovery.

Bangkok Post · Aug 15, 2022

China’s economy slows as ‘zero COVID’ drags down sales, industry

Retail sales and industrial output for July fall short of analysts’ forecasts after lockdowns stifle economic activity.

Al Jazeera · Aug 15, 2022