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The Latest Breaking News from Economic Growth

Brazil's Lula unveils $200 billion infrastructure plan as skeptics caution about spending spree

Brazilian President Luiz Inácio Lula da Silva has unveiled a plan to spend 1 trillion reais (nearly $200 billion) on infrastructure, energy and transportation over the next four years in a bid to boost economic growth and employment in Latin America’s largest nation

The Independent UK

City braces for insight into impact of rate hikes on economic growth

GDP data for June is due, from a month of rate hikes, hot weather and strikes

Evening Standard

UK 'heading for five years of lost economic growth', report concludes

THE UK is on course to experience “five years of lost economic growth”, according to a new report.

The National (Scotland)

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Bank shares rally as Italy waters down windfall tax; UK heads towards five years of lost economic growth – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Stock market today: Asia shares mostly decline after Wall Street slide on bank worries

Asian shares are mostly trading lower after worries about the U.S. banking system set off a decline on Wall Street and amid concerns closer to home about Chinese economic growth

The Independent UK

How the work of Adam Smith could help solve the UK skills gap

Tackling the UK’s productivity problem will require long-term public investment in quality education aimed at closing the skills gap and boosting equality – a plan the 18th-century economist Adam Smith would certainly have agreed with.

The Conversation

China’s Domestic Market Uncertainty Threatens U.S.-Listed ETFs

Slow economic growth and real estate crisis pose challenges for investors in Chinese market

Zenger

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Data | The contours of India’s ‘formal jobs’ crisis

The Indian government has been using the Employees Provident Fund (EPF) scheme’s data as a measure of payroll employment and formal job creation since 2017. The monthly data released from this initiative has generally shown an increase in the number of contributors, which is portrayed as evidence of employment creation…

The Hindu

Energy bosses at No 10 summit warn investor confidence is waning

Chiefs say UK’s troubled economy and political uncertainty is dampening enthusiasm for clean energy rollout

The Guardian - UK

Degrowth: slowing down rich economies to deal with climate change is a flawed idea

The notion of “degrowth” is gaining traction among some politicians in Europe. It was given a platform recently at the European Parliament’s “Beyond Growth” conference.

The Conversation

Eurozone returns to economic growth as inflation falls

GDP also rises in 20-member bloc but German growth remains flat and Italy shrinks

The Guardian - UK

Air France-KLM reports bumper profits as French economic growth rises

Air France-KLM has announced it has doubled its year-on-year net profit in the second quarter of 2023 to €604 million, benefiting from high demand in air travel despite rising inflation which has increased costs.

Radio France Internationale

Weekly Must-Read: China Vows to Create a ‘Bigger, Better, and Stronger’ Private Sector

Measures aim to create a more level playing field for private businesses and entrepreneurs amid sluggish economic growth

Caixin Global

IMF global economic outlook sees slight growth, but inflation still a drag

The International Monetary Fund is projecting that global economic growth will see a slight improvement compared to its previous projections but cautions that many challenges still cloud the horizon

The Independent UK

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Zenger

Jim Cramer Sees Positive Signs In Commodity Prices And China’s Economic Growth

Commodity prices rebound with 75% positive monthly returns, while China's downshifted growth may ease global inflation.

The Conversation

Kenya's logging ban has been lifted – it's a political decision and a likely setback for conservation

Kenyan president William Ruto has lifted a six-year ban on logging, despite public objections. Ruto said it would create jobs and boost economic growth. Lisa E. Fuchs has studied the Mau Forest Complex, one of Kenya’s most important – and most threatened – forests. She unpacks the implications of this…

Kiplinger

What Is Stagflation and How Can Investors Prepare?

Stagflation occurs when economic growth slows and the unemployment rate spikes and can create a challenging environment for investors.

AAP

Outlook for economic activity slightly more upbeat

Australia's economic growth is still tracking towards lower-than-usual performance despite future-looking indicators showing a glimmer of improvement.

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Chicago Tribune

Editorial: Was it ‘Bidenomics’ that brought down inflation?

In a major economic policy speech in the lobby of Chicago’s old main post office in June, President Joe Biden enthusiastically branded his economic growth strategy as “Bidenomics,” a term that was basically created by The Wall Street Journal and the Financial Times but, like “Obamacare,” has been embraced by…

Fortune

Jeremy Siegel says we are in a 'Goldilocks economy' and the Fed doesn't need to raise interest rates anymore

“It’s a Goldilocks economy—strong economic growth and falling inflation,” the veteran market watcher told CNBC Friday.

The National (Scotland)

The main points from new paper on driving Scotland's economic growth

A NEW paper commissioned by Ian Blackford has seen experts lay out key areas for Scotland to focus on in delivering economic growth.

The National (Scotland)

Paper reveals 'sheer scale of opportunity' for indy Scotland's economic growth

A FRESH paper mapping out how improved green economic growth can be achieved in an “underperforming” Scotland has been launched.

The National (Scotland)

Ian Blackford: This paper shows how we build a confident independent Scotland

IAN Blackford has insisted a fresh paper on how sustainable economic growth can be achieved across Scotland’s world-class sectors will allow the…

The Hindu

Twenty-five helipads operational in Arunachal Pradesh: CM Pema Khandu

“The Arunachal Pradesh government is making investments to create a robust air- and road network that will help improve connectivity and promote economic growth,” Chief Minister Pema Khandu has said.

Fortune

As the West battles inflation, for China ‘the risk is persistent deflation.’ Here’s why it could be a disaster for the world’s second largest economy

EY’s chief economist, Gregory Daco, tells Fortune to look at Japan: Elevated debt and a deflationary environment is “the worst of both worlds.”

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