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The Latest Breaking News from Economy

UK economy faces £35bn blow and recession risk amid Iran war energy crisis

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The Independent UK

OPEC: UAE Leaves OPEC — What This Means for the Global Oil Economy

OPEC faces uncertainty as UAE exit reports trigger concerns over oil supply stability and global economic ripple effects

International Business Times UK

Australia’s inflation surge just made an RBA rate rise more likely

Australia’s inflation rate surged 1.1% in March, driven by a record jump in fuel prices, making an interest rate hike next Tuesday more likely.

The Conversation

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

Thai Airways to almost double fuel surcharges this week

Thai Airways International will raise its fuel surcharges by nearly 100% on many routes for tickets issued from May 1 onwards to cope with the soaring price of jet fuel.

Bangkok Post

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflict

The Guardian - UK

Middle East energy crisis could wipe £35bn off UK economy – even in best-case scenario, think tank warns

Impact of Donald Trump’s Iran war a ‘serious blow’ to Keir Starmer’s economic hopes

The Independent UK

UK economy set for £35bn hit from Middle East energy crisis, think tank says

The National Institute of Economic and Social Research said the UK could enter a recession this year if the crisis is particularly protracted.

Evening Standard

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Dollar Advances as Stocks Slip and Crude Prices Surge

The dollar index (DXY00 ) on Tuesday rose by +0.15%. Tuesday's stock slump boosted liquidity demand for the dollar. Also, higher crude oil prices on Tuesday increased inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar. The dollar maintained its gains after the Conference...

Barchart

War With U.S. And Israel Pushes Millions Of Iranians Toward Unemployment As Economy Tanks

While sanctions and inflation already battered the Iranian economy before the war with the United States and Israel, the conflict has pushed millions of Iranians closer to unemployment and poverty, according to a new report.

International Business Times

I drove the $143,000 Chevrolet Corvette E-Ray for a week — and these two features blew me away

I tested the 2026 Chevrolet Corvette E-Ray to see how its new hybrid power system operates without sacrificing on the sports performance the series is known for.

Tom’s Guide

Janet Yellen on Trump, the Fed, and the future of jobs

The only person to lead the Fed, the Treasury, and the White House Council of Economic Advisors, Yellen is now being inducted into the National Women's Hall of Fame.

Fortune

Dollar Gains on Weak Stocks and Soaring Crude Prices

The dollar index (DXY00 ) today is up by +0.23%. Today's stock slump is boosting liquidity demand for the dollar. Also, higher crude oil prices today increased inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar. The dollar maintained its gains after the Conference...

Barchart

Why SEO Demand Is Growing Rapidly in Malaysia’s Digital Economy

SEO demand in Malaysia is accelerating as digital commerce expands, SMEs go online, and AI search reshapes how customers discover brands.

inkl

Euronews explains: What are eurobonds, why is it divisive and does it make sense?

What are eurobonds, and how could they help the European economy? Why is France pushing for more joint debt, and will it work? Euronews examines the case behind an asset that central banks and economists increasingly say makes economic sense but remains politically toxic for the EU.

Euronews

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The Independent UK

Lufthansa launches ‘economy basic’ – with Europe’s smallest cabin bag allowance

Frequent flyers with the highest status will be able to bring an additional roll-along bag on board

Euronews

The World Cup is driving a new kind of tourism in Mexico: Working remotely and living football for weeks at a time

The 2026 FIFA World Cup is driving the arrival of European digital nomads in Mexico, a phenomenon transforming tourism with longer stays, remote working and a greater impact on the local economy.

The Independent UK

Iran's economy has been battered. Its leaders still think Trump will blink first

U.S. and Israeli airstrikes crippled thousands of factories in Iran, and the damage is reverberating across the country's economy

International Business Times

Texas Truck Accident Law: The Business and Legal Stakes Behind the Lone Star State's Freight Economy

Texas is the top state for truck accident fatalities in the United States, a distinction that reflects both the state's enormous freight volumes and the long-haul driving conditions that its geography creates.

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news in one place.

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The Conversation

Global supply chains cause environmental harm, but they can help repair it too

The COVID-19 pandemic drew attention to how central supply chains are to the global economy. It also exposed the human rights abuses that can occur up and down supply chains before goods arrive in our hands.

Grocery Coupon Guide

9 Ways Grocery Stores Get You to Spend More Even When Prices Only Rise 2.6 Percent Year Over Year

Inflation is cooling down, but your weekly receipts still feel painfully high. The official government data shows that food prices only rose by 2.6 percent over the last year. However, supermarkets are deploying clever psychological tactics to ensure you keep spending more money. Retailers refuse to let their profit margins…

Barchart

What Do We Know About the US Economy?

There are three certainties in life: death, taxes, and people arguing over the economy.

Reason

America Is Losing Its Allure for the World's Migrants

The U.S. economy continues to outstrip the competition but takes a hit from declining immigration.

The Guardian - UK

G7 central banks poised to hold borrowing costs amid concerns over prolonged Iran war

Critical week for global economy as banks expected to issue warnings over conflict driving up prices

The Conversation

Ghana’s fuel payment strategy works for now: how to fix longer term problems

Ghana introduced a new payment arrangement for petroleum imports in 2023, using gold instead of scarce US dollars. The policy was designed to ease pressure on the cedi by reducing the need for upfront dollar purchases to settle fuel import bills.

inkl

Inside Aberdeen Florists: How Local Flower Shops Compete in a Digital Delivery Economy

How Aberdeen florists compete through flower delivery, boutique design, local service, and smarter choices for NJ buyers.

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