Taiwan struggles to reconcile climate ambitions and chip manufacturing The island’s semiconductor industry represents one-quarter of GDP but is a major source of carbon emissions. Al Jazeera · Dec 25, 2024
Nato cannot defend Europe from Russia without the US, warn alliance’s frontline leaders Leaders of Finland, Latvia and Estonia tell The Independent that Ukraine’s victory over Russia is vital to the defence of a poorly armed Europe The Independent UK · Dec 24, 2024
‘It’s a huge problem’: what’s gone wrong at the ONS and why does it matter? The UK’s number-crunching body is still playing catchup over job figures after the pandemic, with validity of survey data being questioned The Guardian - UK · Dec 23, 2024
Lack of growth in UK’s latest GDP figures ‘deeply alarming’, says Swinney The First Minister accused the UK Government of making ‘mistakes’ in its budget which will exacerbate the problem. Evening Standard · Dec 23, 2024
How were so many economists wrong on whether we’d have a recession? Northern Trust’s Ryan Boyle points to 3 culprits Recession red flags had a track record that “was never perfect, but they have really failed us during the past two years,” says Boyle. Fortune · Dec 23, 2024
Stocks Set to Open Higher as Investors Recalibrate Fed Rate Cut Bets, U.S. Economic Data in Focus March S&P 500 E-Mini futures (ESH25) are up +0.16%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.28% this morning, extending Friday’s solid gains after muted U.S. inflation data helped reignite Federal Reserve rate cut bets, while investors also awaited a fresh batch of U.S. economic data this week. Barchart · Dec 23, 2024
Stocks Set for Muted Open as Bond Yields Climb, U.S. Economic Data in Focus March S&P 500 E-Mini futures (ESH25) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.11% this morning as Treasury yields climbed at the start of a holiday-shortened week, with investors looking ahead to a fresh batch of U.S. economic data. Barchart · Dec 23, 2024
Stocks Set to Open Higher as Investors Assess Fed’s Rate Cut Outlook, U.S. Economic Data in Focus March S&P 500 E-Mini futures (ESH25) are up +0.12%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.48% this morning, extending Friday’s solid gains after muted U.S. inflation data helped reignite Federal Reserve rate cut bets, while investors also awaited a fresh batch of U.S. economic data this week. Barchart · Dec 23, 2024
Rachel Reeves describes ‘challenge’ of fixing economy as ‘huge’ The Office for National Statistics said on Monday that UK gross domestic product (GDP) showed no growth between July and September. The Independent UK · Dec 23, 2024
Blow for Rachel Reeves as zero growth puts UK on brink of recession Figures from the ONS show no growth took place between July and September The Independent UK · Dec 23, 2024
UK growth revised down to zero; firms warn economy is heading for ‘worst of all worlds’ – as it happened UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too The Guardian - UK · Dec 23, 2024
Stocks Climb Before the Open After Fed-Fueled Selloff, U.S. GDP Data and Nike Earnings on Tap December S&P 500 E-Mini futures (ESZ24) are up +0.40%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.52% this morning, partially rebounding from yesterday’s dramatic selloff after the Federal Reserve forecast fewer interest rate cuts next year, while investors awaited a raft of U.S. economic data and an earnings… Barchart · Dec 19, 2024
GDP hit slumps New Zealand further into recession New Zealand's economy is 2.1 per cent smaller than it was six months ago, according to new GDP data from Stats NZ. AAP · Dec 18, 2024
Stocks Plunge on a Hawkish Fed The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -2.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -2.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -3.60%. Dec E-mini S&P futures (ESZ24 ) are down -3.14%, and Dec E-mini Nasdaq futures... Barchart · Dec 18, 2024
Kiplinger · Dec 18, 2024 UBS Global's Solita Marcelli: It's a Green Light for U.S. Stocks in 2025 A strong economy, rate cuts and continued AI spending should support stocks in the new year, says UBS Global's chief investment officer, Americas.
The Guardian - AU · Dec 18, 2024 A predicted deficit will get the headlines but remember that budgets are about choices Right now the government is choosing to deliver $50bn a year to the richest 10% of Australians for no discernible benefit to the nation
StockNews.com · Dec 18, 2024 3 Chinese Stocks Poised for a Rebound in 2025 China’s strategic initiatives to bolster its industries are crafting a resilient economic narrative. The nation’s GDP reflects good growth, driven by focused policies and innovation. Amid this dynamic environment, Ping An Insurance (PNGAY), Alibaba Group (BABA), and Tencent Holdings (TCEHY) could emerge as wise investments for the year ahead. Read…
The Guardian - AU · Dec 17, 2024 Federal budget $27bn in the red and won’t return to balance for a decade, Myefo forecasts Budget downgrade blamed on Australian economy being hit harder than anticipated by higher interest rates, cost of living pressures and global uncertainty
The Independent UK · Dec 16, 2024 Trump’s mass deportation plan could hurt the country more than the Great Recession, report says Mass deportations could lead to a 7.4 percent drop in the GDP, meaning ‘the U.S. economy would not grow at all’ during President Trump’s second term, the report says
The Independent UK · Dec 16, 2024 Starmer urges allies to double down on Ukraine support as Estonia suggests security tax Just hours before the start of a key European defence summit, Estonia’s defence minister issued a stark warning that spending 2 per cent of GDP on defence is simply not enough
Barchart · Dec 15, 2024 FOMC, GDP and Other Can't Miss Items This Week The market continues to navigate the final trading weeks of 2024, with investors closely watching economic indicators and the Fed's potential signals about monetary policy.
The Independent UK · Dec 13, 2024 Britain is failing to prepare itself for war with Russia, top general warns In a dramatic intervention, Richard Shirreff says Britain must ‘fight a second cold war to avoid a third world war’
Latin Times · Dec 13, 2024 Trump's Mass Deportation Plan Threatens US Economy With 7.4% GDP Loss: Report The report estimated deporting 8.3 million undocumented immigrants could cut the GDP by 7.4% and reduce employment by 7% by 2028.
The National (Scotland) · Dec 13, 2024 UK economy shrinks for second month in a row THE UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new…
The Independent UK · Dec 13, 2024 Reeves accused by Tories of ‘crashing the economy’ as output shrinks - live updates Most economists had been expecting GDP to rise during October but it shrunk 0.1% for the second month running