Starmer in challenge to Labour left with vow to prioritise economic growth Labour leader promises to ‘reboot the economy’ with ‘strong, secure, fair’ growth The Independent UK · Jul 24, 2022
Nothing special here The economy is facing many challenges resulting from worsening global economic conditions. Bangkok Post · Jul 24, 2022
Recovery steps falter Parliament may cool down after legislators finished their job grilling the government in the censure debate last week, but how the Prayut Chan-o-cha administration will better combat economic hardship remains a burning issue. Bangkok Post · Jul 24, 2022
Yellen downplays US recession as wave of economic data looms Treasury Secretary Janet Yellen says the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession The Independent UK · Jul 24, 2022
Yellen says signs of US recession aren’t in sight for now WASHINGTON — Treasury Secretary Janet Yellen expressed confidence in the Federal Reserve’s fight against inflation and said she doesn’t see any sign that the U.S. economy is in a broad recession. Tribune News Service · Jul 24, 2022
Little known Edinburgh hack to charge your phone on Princes Street Vital night time economy charity, Street Assist, have shared a handy little phone charging hack that should ensure those on a night out are never without their phone. Edinburgh Live · Jul 24, 2022
Rebecca Long-Bailey calls for Labour to drop cautious approach to economy Former leadership contender wants manifesto to include state ownership and a living standards contract for citizens The Guardian - UK · Jul 24, 2022
High Expectations for Growth of Saudi Telecom Market Saudi Arabia ranked third as the fastest growing economy among the G20 countries, and first in the world in the 5G average download speed. Some economists have raised expectations for the growth of the Saudi telecom market - the largest market in the Middle East and North Africa. Saudi Arabia… Asharq Al-Awsat · Jul 24, 2022
A weird economy that may (or may not) become a recession All signs suggest growth is weakening, but hasn’t fallen off of a cliff — yet. Axios · Jul 24, 2022
Rishi Sunak or Liz Truss? Whoever wins faces a bleak economic outlook Inflation and a cost of living crisis mean the new PM will have little time to produce a feelgood factor The Guardian - UK · Jul 24, 2022
The Fed's mission improbable: Beating inflation without causing a recession Inflation is sky high. The Federal Reserve wants to bring it back to earth without crashing the economy. But achieving a so-called "soft landing" and avoiding a recession is easier said than done. WEKU · Jul 24, 2022
Tory economics led to decade of stagnation in UK economy, LSE report finds A DAMNING report on the UK economy warns Scotland will continue to suffer no matter who wins the Tory tussle to be the next prime minister. The National (Scotland) · Jul 24, 2022
Gavin Newsom vs. Florida continues, this time over unemployment rates SACRAMENTO, Calif. — Republicans launched the latest round of California vs. Florida Friday, warning Gov. Gavin Newsom that comparing his state’s economy to Florida’s — and, by extension, his leadership to that of Gov. Ron DeSantis — is a “comparison Newsom is likely going to regret.” Tribune News Service · Jul 22, 2022
Why Sri Lanka imploded so catastrophically As Sri Lanka's economy unravels before our eyes, one must ask how this could happen in a country historically known for its high standard of living and stable economy. Sri Lanka's achievements go back decades, giving it a per capita GDP that is 70% higher than India's, and a life… Bangkok Post · Jul 22, 2022
The Conversation · Jul 22, 2022 Sri Lanka's crisis: Can the South Asian economy break from the past and find a route to stability? Sri Lanka has a new president and prime minister – but a change in who leads the crisis-hit South Asian nation alone will not solve the country’s severe economic problems.
Daily Mirror · Jul 22, 2022 Labour could pledge tax cuts for millions at 2024 election, Rachel Reeves hints Shadow Chancellor Rachel Reeves vowed to 'bring forward' ideas this October on top of Labour’s current cost-of-living package - which pledges up to £600 for the poorest over and above Tory help
Axios · Jul 22, 2022 What trucking tells us about the economy Trucking rates have dropped sharply, though they remain above pre-pandemic levels.
Bangkok Post · Jul 22, 2022 Chaiwut walks back spyware comments Digital Economy and Society Minister Chaiwut Thanakamanusorn on Friday sought to walk back his earlier remarks in Parliament that authorities had used spyware to monitor individuals in the country.
Tribune News Service · Jul 22, 2022 Conor Sen: Can we escape a crash? The housing market is saying yes From stagflation to cost relief in six months — that's the new picture of the housing market that has emerged in just the last few weeks. And to the extent housing has been a microcosm for the pandemic-era economy, the cooldown will present new challenges and opportunities over the next…
Tribune News Service · Jul 22, 2022 Mohamed A. El-Erian: The Fed is failing in four ways Global economy watchers and market participants will be paying a lot of attention next week to how the Federal Reserve describes the U.S. economic outlook, to the magnitude of its interest rate increase and whether it changes the pace of its balance-sheet contraction. Yet for the well-being of the U.S.…
Reuters · Jul 22, 2022 Mexican official seeks 'open, frank,' dialogue with U.S. and Canada in energy dispute Mexico's government will hold frank and open discussions to resolve a dispute with the United States and Canada over Mexican energy policies that they argue breaches a regional trade pact, a senior trade official said.
Reuters · Jul 22, 2022 Dimmed street lights, shorter showers: Germany leads Europe energy savings drive Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating.
The Guardian - UK · Jul 22, 2022 We’re living in an age of permanent crisis – let’s stop planning for a ‘return to normal’ Current plans seem foolish when we know that shocks such as global heating aren’t going away, says Progressive Economy Forum director James Meadway
The Guardian - UK · Jul 22, 2022 Rising interest rates will hit already weak UK economy, output shows Latest snapshot of private sector activity reveals manufacturing and services struggling with rising costs
Asharq Al-Awsat · Jul 22, 2022 Egypt’s Economy Seen Growing Steadily Egypt’s economy will grow fairly steadily over the coming three years, with inflation gradually declining from over 10% and the pound weakening in the near-term, a Reuters poll showed. Gross domestic product (GDP) is forecast to expand a median 5.5% in the fiscal year that began this month, according to…