The Latest Breaking News from Economy

Ministry, BMA panel to tackle overhead cables

The Digital Economy and Society (DES) Ministry and the Bangkok Metropolitan Administration (BMA) have agreed to set up a joint committee to ramp up efforts to move overhead telecom cables underground.

Bangkok Post · Jul 4, 2022

Argentina peso drops as left-leaning economy minister named

Argentina’s peso has fallen on the first day after left-leaning Silvina Batakis was named economy minister

The Independent UK · Jul 4, 2022

How Australia's gig workers may remain contractors under Labor's reforms

Uber Australia’s historic agreement with the Transport Workers’ Union, on the need to regulate the gig economy, is the first step in fundamental reform of gig work. It suggests the direction the Albanese government will to take to deliver better conditions for gig workers.

The Conversation · Jul 4, 2022

John McDonnell calls for strict price controls on fuel and food basics

Former shadow chancellor says a radical response needed to the worst cost of living crisis in a generation

The Guardian - UK · Jul 4, 2022

Pick Up This Sturdy Consumer Staple Stock in Times of Trouble

Given the growing concerns over the Fed’s hawkish stance to tame the rising inflation and the possibility of the economy tipping into a recession, it could be wise to invest in fundamentally solid consumer staple stock General Mills (GIS). Consumer staples stocks are seen as recession-proof due to the non-cyclical…

StockNews.com · Jul 4, 2022

Jeremy Hunt doesn’t rule out standing in a future Conservative leadership race

‘I think we have to see what the circumstances are,’ former cabinet minister says

The Independent UK · Jul 4, 2022

‘Economy not partygate’ will decide next election, says Jeremy Hunt

The former foreign secretary, a persistent backbench critic of Boris Johnson, also did not rule out standing in any future leadership contest.

The Independent UK · Jul 4, 2022

German leader gathers employers, unions to tackle inflation

German Chancellor Olaf Scholz has gathered top employer and labor union representatives at his Berlin office to seek ways of addressing the impact of rising prices while preventing a spiral of inflation in Europe’s biggest economy

The Independent UK · Jul 4, 2022

Pakistan: how an economic crisis has sent prices rocketing

Pakistan’s current economic struggles exemplify the little fires everywhere set alight across the global economy by a war during a pandemic. Like others in countries dependent on imported commodities — for example Ghana and Sri Lanka — Pakistanis are seeing food and fuel prices soar. Foreign exchange reserves – used…

The Conversation · Jul 4, 2022

How news affects people's expectations and drives economic change

News of a big pay rise might see you booking the nearest fancy restaurant for a slap-up meal to celebrate, or encourage you to go on a shopping spree even before your raise hits your bank account.

The Conversation · Jul 4, 2022