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The Latest Breaking News from Economy

Central bank mulls joint sandbox for NDID

The Bank of Thailand plans to collaborate with other regulatory agencies on setting up a co-regulatory sandbox to test digital identity verification through the National Digital ID (NDID) platform in the second half as part of efforts to further drive the digital economy.

Bangkok Post

Global economy faces 'biggest test since the Second World War', expert warns

Kristalina Georgieva, head of the International Monetary Fund, said food and energy prices are squeezing households around the world - and central banks are tightening monetary policy to rein in inflation

Daily Mirror

A flourishing ecology and a healthy economy? Henry David Thoreau thought you couldn't have one without the other

Australians have just decided another “climate election”. What this meant, basically, was that we had to choose between two difficult futures. The result has yielded a new mandate for meaningful work on climate policy.

The Conversation

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Ford Bronco Raptor Gets 15-MPG Combined Fuel Economy Rating

The Bronco Raptor's combined rating is 1 MPG better than the Jeep Wrangler Rubicon 392.

Motor1

The Federal Reserve policy you’ve never heard of could have the biggest effect on your wallet

The Federal Reserve made headlines at its May meeting when it raised interest rates by the single biggest hike since 2000, but another lesser-known decision — albeit a substantially more complex one — could have an even greater influence over how much you pay to borrow money.

Tribune News Service

Ex-rebel emerges as favorite in Colombian presidential race

A one-time rebel fighter has used an emotional anti-establishment discourse and promises to boost state involvement in the economy to garner a commanding lead in polls as Colombia heads into Sunday's presidential election

The Independent UK

World economy has 'buffer' against recession says IMF's Gopinath

While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund's No. 2 official said Monday.

Reuters

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KTU budget reflects State’s knowledge economy dreams

Document presented today provides thrust on translational research and innovative startups

The Hindu

Tunisian union calls national strike, rejects president's dialogue

Tunisia's powerful labour union said on Monday it would hold a national strike over wages and the economy after refusing to take part in a limited dialogue proposed by the president as he rewrites the constitution.

Reuters

Economic outlook has 'darkened', business and government leaders warn in Davos

Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

Reuters

Zelenskyy issues Davos demand to shun Russia, invest in Ukraine

Ukrainian President Volodymyr Zelenskyy said Russia’s economy should be shut off from the world and invited global investors to shift resources into Ukraine to help rebuild the country from the devastation wrought by Vladimir Putin’s war.

Tribune News Service

President Zelensky tells global business leaders at Davos: ‘Do not deal with Russia anymore’

The Ukrainian president called for maximum sanctions against Russia, including an oil embargo to cripple the economy

Evening Standard

Editorial: To Stabilize Employment, Trust the Market

Reforms must be implemented to tackle the challenges ahead, and provide desirable jobs for the majority of the population

Caixin Global

How has Nigeria’s digital currency fared since its launch?

Adoption rates of the eNaira, Africa’s first official digital currency, have been low since its introduction in October.

Al Jazeera

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Wales Online

How to become an influencer - by a gig economy expert

It could be a side hustle or even your next career move

Axios

Economists are marking down growth forecasts — and that's good news

Slower growth is needed to help cool inflation.

Roll Call

Biden outlines economic framework for US, Asian nations - Roll Call

President Biden, on a trip to Tokyo, lays out an economic framework for the US and 12 other countries to counter China's influence.

France 24

Davos 2022: War in Ukraine tops agenda as World Economic Forum returns

The World Economic Forum has opened in Davos, Switzerland for its first in-person meeting in more than two years. Political and business leaders are gathering to discuss the most pressing challenges for the global economy in a world that has drastically changed since the last time the event took place…

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Wales Online

Travel and tourism sector needs to fill 70,000 new roles annually for next 10 years

Tourism revival hopes are high but in the short term, international visitor spend is so low it is hampering the country’s economic recovery

The Guardian - US

Biden pitches Democrats as saviors for US economy ahead of midterm elections

Amid unyielding criticism from Republicans, Biden warns as bleak as it seems now, Republican control of Congress would be worse

Reuters

Hungary must work with EU on Russian oil embargo - German economy minister

German Economy Minister Robert Habeck has warned Hungary against blocking efforts to impose an European Union-wide embargo on Russian oil imports in response to the war in Ukraine.

The Hindu

Digital economy is space for future opportunity between India, U.S.: USIBC

‘Digital economy trade is the goose that lays the golden eggs,’ says Atul Keshap

Bangkok Post

Waiting for China

Since China began to open up and reform its economy in 1978, growth has averaged almost 10% a year, and more than 800 million people have been lifted out of poverty. There have also been significant improvements in access to health, education and other services, with the mainland now an…

360info

Special Report: New geopolitics

360info is exploring the new alliances being forged in the wake of the war in Ukraine, and the impact they are having on the international world order.

360info

Ukraine a cautionary tale for a China eyeing Taiwan

China has long wondered how the world might react to a conflict in Taiwan. The invasion of Ukraine has given them good insight.

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