The Latest Breaking News from Economy

World Bank refuses new funding for Sri Lanka

COLOMBO: The World Bank has told Sri Lanka it will not offer new funding unless the bankrupt country carries out “deep structural reforms” to stabilise its crashing economy.

Bangkok Post · Jul 30, 2022

Political Pulse / Would legalized gambling pollute the clean image of Japanese sports?

A draft proposal by the Economy, Trade and Industry Ministry (METI) to lift the ban on sports betting has caused a stir in Japan. While there are those who accept the idea that it will help revitalize the sports industry, others argue that such a move should not be rushed…

The Japan News/Yomiuri · Jul 30, 2022

How strong is the US economy? Depends on which party you ask

Analysis: In spite of high employment and robust hiring, many Americans are pessimistic about the economy

The Guardian - US · Jul 30, 2022

Healthy earnings, less aggressive Fed lift shares

Recap: European and US stocks advanced yesterday amid positive corporate earnings reports and the prospect of less aggressive rate hikes from the US Federal Reserve. Hong Kong and Chinese markets pulled back as tech stocks corrected and the Chinese government signalled limited new stimulus ahead.

Bangkok Post · Jul 29, 2022

Argentina: Markets cheer new minister, but for how long?

Financial markets are celebrating the arrival of Sergio Massa as Argentina’s third economy minister in less than a month, but analysts caution that more details are needed about his plans to get the South American country out of itsdire economic straits

The Independent UK · Jul 29, 2022

Top economic takeaways as US wrangles with recession fears

Back-to-back GDP slowdown, Fed raises rates, higher prices and other economic highlights from a busy week.

Al Jazeera · Jul 29, 2022

Kemp assails national economy while touting Georgia record

Georgia Gov. Brian Kemp is taking aim at what he calls the “Biden recession” and spreading blame to Democrat Stacey Abrams while at the same time arguing his own state's economy is good

The Independent UK · Jul 29, 2022

Mexico's economy grows by 1% in 2nd quarter

Mexico’s economy grew by 1% in the second quarter

The Independent UK · Jul 29, 2022

Tharoor urges Centre to restore crew changes at Vizhinjam

Seaport stimulates local economy through additional jobs, says a representation of chamber of commerce

The Hindu · Jul 29, 2022

Why is it so hard to say if this is a recession?

Economists were on high alert Thursday morning awaiting data from the U.S. Commerce Department that might shed light on whether the country is in a recession — a question with vast implications for consumers, employers and electoral politics.

Los Angeles Times · Jul 29, 2022