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The Latest Breaking News from Oxford Economics

World Awaits Trump Tariff Deadline On Canada, Mexico And China

With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.

International Business Times

For Trudeau’s successor, safeguarding Canada’s economy a ‘daunting’ task

Domestic pressures and US tariff threat pose major challenges for Justin Trudeau’s successor.

Al Jazeera

Voices: Reeves is wrecking UK growth by alienating wealthy entrepreneurs who bring investment and jobs

COMMENT: Reeves and her boss Keir Starmer do not appear to understand the competition to attract the international rich – and the benefits they bring

The Independent UK

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Trump is set to hike tariffs. Should Southeast Asia be worried?

Countries like Vietnam benefited from Trump’s trade war. That could put them at risk in the second round.

Fortune

As Trump’s tariff threat looms, what would a US-Canada ‘trade war’ mean?

Experts say 25-percent US tariffs along with retaliatory measures by Canada would hurt economies of both countries.

Al Jazeera

Woman Has No Financial Problems Unlike Her Brother, Is Upset Parents Are Helping Him

Owning real estate is a goal for many of us. Some people feel less than optimistic about ever being able to afford their dream home. Their parents sometimes lend a hand. The post Woman Has No Financial Problems Unlike Her Brother, Is Upset Parents Are Helping Him first appeared on…

Bored Panda

Asia, The World's Economic Engine, Prepares For Trump Shock

Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region.

International Business Times

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Interest rates live updates: Bank of England base rate cut to help slash mortgage bills

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

The Independent UK

Tariffs, immigrants and fiscal policy: Trump’s second term as US president

Analysts expect Republican to act on threats of imposing tariffs and blocking immigrants soon in his second term.

Al Jazeera

Tariffs, Tax Cuts, Energy: What Is In Trump's Economic Plan?

Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.

International Business Times

US Consumer Inflation Eases To 2.4% In September

US consumer inflation cooled slightly less than expected last month, according to government data published Thursday, providing further evidence that price pressures are easing ahead of November's presidential election.

International Business Times

The US Economy Is Solid: Why Are Voters Gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

International Business Times

Man United’s proposed regeneration of Old Trafford could boost economy by £7.3bn

Manchester United’s proposed regeneration of Trafford Park could boost the UK economy by up to £7.3billion, according to global advisory firm…

The National (Scotland)

The economic impact of Manchester United’s Old Trafford regeneration revealed

United unveiled further details about the project, which is centred on a new 100,000-capacity stadium

The Independent UK

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Al Jazeera

After vowing to restore Japan’s economy, Kishida leaves unfinished business

Japanese leader’s ‘new capitalism’ produced some positive results but daunting economic challenges remain, analysts say.

International Business Times

Interest Rate Cut Could Lift Consumer Spirits Before US Elections

The US Federal Reserve's decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November's presidential election.

International Business Times

Economists Push Back on Harris Plan To Ban Price Gouging

Kamala Harris's policy to combat price gouging has been criticized by analysts who say it is an uncompetitive proposal that could end up hurting US consumers.

Al Jazeera

Gaza war extends toll on Israel’s economy

Combat operations are straining Israel’s economy, leading to shrinking of the GDP and downgrading of sovereign rating.

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news in one place.

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International Business Times

US Trade Gap Narrows Less Than Expected In June

The US trade deficit narrowed slightly less than analysts anticipated in June, according to government data released Tuesday, helped by an uptick in exports.

Evening Standard

Bank of England’s interest rate decision on a knife-edge, economists say

Economists are split over whether the Bank’s policymakers will decide it is the right time to reduce rates on Thursday.

International Business Times

US New Home Sales Dip In June, Missing Estimates

The sales rate of new family homes in the United States dipped in June, missing analyst estimates amid still elevated interest rates, according to government data released Wednesday.

Al Jazeera

Anant Ambani’s glitzy wedding highlights India’s ‘missing middle class’

India’s middle class is much poorer than China’s after decades of strong growth despite starting at a similar base.

AAP

Home building to gather steam but undershoot 1.2m goal

A recovery in home building is coming but will take time and is still expected to fall short of the 1.2 million national target.

Fortune

The weak yen and ‘Instagram culture’ made tourism Japan’s second-largest export

Almost 3.1 million international visitors went to Japan in March alone, the highest monthly total since records began in 1964.

Fortune

Inflation will go up regardless of who the next president is, but under Trump’s tariffs it would be higher for longer, Oxford Economics says

Jerome Powell is eyeing lower inflation, but Oxford Economics says it’ll rise after the presidential election—no matter who wins.

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