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The Latest Breaking News from Economy

World Bank grants Lebanon $150 million food security loan

Lebanon's economy minister says the World Bank has approved a $150 million soft loan for food security in crisis-hit Lebanon to stabilize bread prices during the coming months

The Independent UK

Rishi Sunak urged to announce emergency budget as living costs spiral

British Chambers of Commerce salls for VAT cut and reversal of National Insurance hike

The Independent UK

North East business group calls for emergency budget to help hard-pressed firms

The North East Chamber of Commerce has backed calls from the British Chambers of Commerce for measures to limit price pressures and boost productivity

Birmingham Post

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Which industries are leading the pandemic jobs recovery

Areas of the economy like professional services, or transportation and warehousing, have recovered any ground they lost — and then some

Axios

It’s probably still the economy, stupid - Roll Call

The burden is on Democrats to show that abortion rights can motivate their voters to the polls in the 2022 midterms.

Roll Call

Emirates issues major announcement for passengers on flights between UK and Dubai

It has expanded premium economy option to include luxurious seats, more legroom, and a service “to rival business class" of other carriers

Wales Online

Yoon faces tough challenges as new South Korean president

Former top prosecutor Yoon Suk Yeol becomes South Korea’s president on Tuesday and immediately faces a tough mix of foreign policy and domestic challenges

The Independent UK

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Editorial: Rule of Law Is Fundamental to Regulating and Guiding Capital Development

The key to maintaining the healthy development of capital is to stabilize expectations. The key to stabilizing expectations is upholding the rule of law

Caixin Global

Asian Stocks Stumble on Global Anxieties over Inflation

Asian stocks fell Monday as investors remained anxious over inflation and the ongoing impact of China's Covid lockdown policies, despite an initial Wall Street bounce thanks to a solid US jobs report. Global markets have taken a beating over a series of crises including surging inflation, rising interest rates, China's…

Asharq Al-Awsat

Pandemic pushes Spanish workers out of the shadows

For decades, a cash-filled envelope - or "sobre" - was how hundreds of thousands of Spaniards working without legal contracts in tourism, agriculture or construction collected their salaries.

Reuters

Stocks, oil and bitcoin hit by recession worries – as it happened

Worries over global growth hit stocks and metals prices, and the pound falls again

The Guardian - UK

FTSE 100 Live: China figures fuel global growth worries, Bitcoin price slides, Rightmove sinks as CEO leaves

Stocks are back under pressure after figures from China’s economy highlighted the impact of ongoing zero-Covid lockdown policies.

Evening Standard

Downtown Beijing Goes Quiet as Zero-Covid Policy Smothers Capital

Millions of people in Beijing stayed home on Monday as China's capital tries to fend off a Covid-19 outbreak with creeping restrictions on movement. Beijing residents fear they may soon find themselves in the grip of the same draconian measures that have trapped most of Shanghai's 25 million people at…

Asharq Al-Awsat

Three creative West Country firms developing ground-breaking tech

The companies showcased prototypes as part of £6.8m scheme to boost the region’s creative economy

Birmingham Post

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The Hindu

Who should govern our data?

Data should not be the exclusive property of one person or company but a form of social commons which needs to be properly redistributed

The Independent UK

Asian shares mostly fall as rate hikes, China slowdown loom

Shares are lower in most Asian markets as interest rate hikes and a slowing Chinese economy weigh on investor sentiment

360info

Chinese techno-nationalism more than mere propaganda

After decades of lagging behind, China’s technological innovation competes on the world stage. It has helped define what Chinese nationalism looks like today.

Birmingham Post

PMI: Northern Ireland economy remains active but inflationary pressures to weigh in coming months

Input costs rose at the second highest rate on record in April

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Bangkok Post

DES to sue over 'offensive' ad

The Ministry of Digital Economy and Society (DES) will file a case against all parties involved in a controversial Lazada advertisement seen as an insult to the monarchy.

Bangkok Post

Temper your expectations

On April 30, after the last inbound visitor went through the RT-PCR testing process at Phuket airport, it represented the culmination of a 10-month mission for the quarantine team at the terminal.

Bangkok Post

Xpander tries to muscle its way in

The Mitsubishi Xpander subcompact MPV, first introduced in August 2018, has been given a major facelift and equipment upgrade as well as significant improvements in performance and fuel economy thanks to a new transmission.

Bangkok Post

An emerging market

Due to negative impacts of pollution, many people are interested in sustainable development goals (SDG). As a result, many researchers and entrepreneurs have developed environmentally friendly materials which can be developed into eco-friendly products.

The Hindu

UAE Minister of Economy to lead high-level business delegation to India this week

With Comprehensive Economic Partnership Agreement, India will benefit from preferential market access provided by the UAE

Asharq Al-Awsat

G7 Leaders Pledge Further Economic Isolation of Russia

The Group of Seven leaders said in a joint statement on Sunday that they will reinforce Russia's economic isolation and "elevate" a campaign against Russian elites who support President Vladimir Putin. After meeting virtually with Ukrainian President Volodymyr Zelenskiy, the leaders said they would cut off key services on which…

The Guardian - US

US unveils new sanctions on Russia, targeting services, media and defense industry

New measures are primarily intended to close loopholes in existing sanctions and to tighten the noose around Russian economy

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