The Latest Breaking News from Economy

Swansea residents say they couldn't get to home or work because of nightmare traffic jams during Para Triathlon and Ironman events

But the sporting events have delivered a huge boost to the local economy

Wales Online · Aug 8, 2022

Macrovariable projections in uncertain times

International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments

The Hindu · Aug 8, 2022

Truss and Sunak still haven’t grasped the magnitude of Britain’s cost of living crisis

Neither has an adequate plan – but a joint announcement of a generous package of help would boost confidence

The Guardian - UK · Aug 8, 2022

Egypt, World Bank Discuss Activating Food Security Agreement

Cairo is discussing with the World Bank a $500 million development funding deal, which is meant to boost Egypt’s efforts to help achieve food security and to strengthen the Egyptian economy to confront the repercussions of the Russia-Ukraine war. Minister of International Cooperation Rania Al-Mashat and Minister of Supply Ali…

Asharq Al-Awsat · Aug 8, 2022

New chief entrepreneur complains government isn't focusing 'enough on the economy'

In an interview, Mark Logan also revealed plans for a new public/private fund to back Scottish start-ups

Insider UK · Aug 8, 2022

Oxford Economics Predicts Saudi Economy to Cross $1 Trln Mark in 2022

Oxford Economics has predicted that the Saudi economy will cross the trillion-dollar mark for the first time this year. The leader in global economic forecasting and econometric analysis pointed out that the growth rate of Saudi Arabia's national product will reach 7.5 % during 2022. The International Monetary Fund has…

Asharq Al-Awsat · Aug 8, 2022

Monday briefing: How to understand the huge numbers that rule our economy

In today’s newsletter: From GDP and government spending to inflation, it can be hard to get around the big figures you see in the headlines and what they really mean. So here’s a guide

The Guardian - UK · Aug 8, 2022

It’s the culture war games – and the last Tory contenders are on the run from reality

Johnson is on his way out but the ‘war on woke’ is here to stay: it’s all they have to talk about as the economy crumbles, says Guardian columnist Nesrine Malik

The Guardian - UK · Aug 8, 2022

Economists deeply divided over Reserve Bank's likely interest rate trajectory

The major banks are deeply divided about the outlook for interest rates, and the difference is worth about $284 a month to a typical recent home buyer. So who will be right?

ABC News · Aug 8, 2022

Commentary: The fatal flaw in your retirement plan’s target date funds

There was a major development in 2006 that transformed how Americans invest for retirement. It solved one problem, but created another that will be causing extra pain to people who retire in this economy.

Tribune News Service · Aug 8, 2022