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The Latest Breaking News from Economy

Sanctions hit Russian economy, although Putin says otherwise

Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West

The Independent UK

South Korea split in row over military service for BTS

The K-pop superstars add billions to the economy, so should they be exempt from conscription?

The Guardian - UK

Fast, precise, too tough? Lockdowns risk stalling China’s economy

Strict response to virus buckles supply chains, hits consumers and sends unemployment soaring

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Thailand to 'fully re-open'

The Test & Go travel scheme for foreign arrivals and RT-PCR testing upon arrival will end this month as vaccinated travellers will only need to take self-antigen tests during their stay from May 1 as part of a further easing of entry rules to boost the economy and tourism.

Bangkok Post

Global economy: Back to the Valley of Death

Since the global economic crisis that originated in the United States 14 years ago, the world economy has faced regular bouts of volatility. Massive capital injections helped the US economy recover from the initial shock in 2008, but also pushed other economies with structural problems, including some in Europe, into…

Bangkok Post

Ex-Fla. Congressman David Rivera diverted $13 million from Venezuelan deal to convicted drug trafficker, others

MIAMI — As Venezuela’s economy was crashing in 2017, the country’s state-owned oil company hired former U.S. Rep. David Rivera for a costly public relations campaign to improve the tarnished image of the Venezuelan firm in the United States.

Miami Herald

Recession warning as confidence among shoppers falls to lowest since 2008 financial crash

Economy could soon shrink as shoppers slash spending and businesses take a hit

The Independent UK

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New Zealand: meritocracy or mediocracy?

Mike Grimshaw argues our much vaunted ‘egalitarianism’ might actually be more the tall-poppy scything of intelligence and ability.

Newsroom.co.nz

Burnham: Action is needed now to help night time economy crippled by pandemic and cost of living crisis

Mayor says 'the hangover of the pandemic is going to be with us for a long time'

Manchester Evening News

Shanghai promises to improve access to food supplies and trade amid ongoing COVID-19 shutdown

Officials in Shanghai promise to ease anti-virus controls on truck drivers as they try to revive the local economy and improve food supplies while millions of people are still confined to their homes.

ABC News

This age of inflation

How RBI postponed the necessary course-correction

The Hindu

Azets reveals 'ambitious' growth plans among UK SMEs despite drop in optimism around the economy

It found that 51% of all small to medium sized enterprises (SMEs) across the UK and Nordics are optimistic about the economic outlook

Insider UK

Shanghai promises to improve food supplies, trade

Officials in Shanghai have promised to ease anti-virus controls on truck drivers that are hampering food supplies and trade as they try to keep the local economy functioning while millions of people are still confined to their homes

The Independent UK

IMF warns Russia-Ukraine war will have ‘severe economic consequences’ for Europe – as it happened

IMF slashes growth forecasts for Europe, as pound falls 1.1% to 18-month low after sharp retail sales decline and April PMIs point to much weaker speed of recovery across UK economy

The Guardian - UK

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Al Jazeera

China’s GDP, dubious COVID statistics and East Timor’s election

We gather the numbers from the week’s biggest economic and business news stories so you can impress your friends.

The Guardian - UK

UK consumer confidence even lower than in 2008 financial crisis

Slowdown in retail sector feared as public gripped by pessimism about the economy as well as personal finances

Bangkok Post

Arkhom says focus is fiscal discipline

The government is focusing on maintaining financial and fiscal discipline after undertaking massive borrowing, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Data sheds light on Thai Pavilion's triumph

The Digital Economy and Society (DES) Ministry hailed the Thailand Pavilion at Dubai's World Expo as a success because it attracted more than 2.35 million visitors, which accounted for 9.8% of the fair's total visitor numbers, beating its original target of 7%.

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news in one place.

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Reuters

Ousted Pakistani PM Khan demands fresh elections

Pakistan's ousted prime minister, Imran Khan, on Thursday demanded fresh elections amid political turmoil after a new government took over and warned it faces an enormous challenge to revive a battered economy.

StockNews.com

5 Large-Cap Growth Stocks to Sell Now

Concerns over high inflation, supply chain disruptions, and rising COVID-19 cases are expected to keep the stock market volatile for an extended period. While the increased focus on domestic production should help the economy recover, the rate is expected to decelerate. Therefore, large-cap growth stocks Snowflake (SNOW), PayPal (PYPL), DoorDash…

The Hindu

This is India’s moment of reckoning

The country can be the fulcrum of the new global order, as a peaceful democracy with economic prosperity

ABC News

Vote Compass data shows climate change, cost of living and the economy are the big election issues, but voters still split along party lines

Climate change, cost of living and the economy are the most important issues to Australians this election, but there's a large split along voting lines, according to Vote Compass.

Reuters

Global energy crisis, Russia invasion eclipse Biden climate goals

As a candidate, Joe Biden made climate change a pillar of his campaign for the White House, promising to decarbonize the U.S. economy, end drilling on public lands, and lead the world in a historic shift away from fossil fuels.

Al Jazeera

‘Economic blockade’: Syrian city punished for anti-govt protests

Druze-majority Sweida has stayed relatively neutral in Syria’s war, but recent protests have led to punishments.

Asharq Al-Awsat

Saudi GDP Expected to Grow to $895 Bln in 2025

A Saudi economic indicator announced on Wednesday its estimates that the Kingdom's GDP will reach SAR 3 trillion ($895 billion) in 2025, emphasizing the balanced growth of the national economy during the last period. The index, run by the Research and Information Center at the Chamber of Commerce and Industry…

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Arkhom Termpittayapaisith

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