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The Latest Breaking News from Economics

The tricky economics of subsidising psychedelics for mental health therapy

Australia is the world’s first country to legalise the medical use of psychedelics. But not everyone is sure the timing is right. There are still major issues to work out for this move to benefit those most in need.

The Conversation

Elections offer respite as output dips

Election campaigns are expected to stimulate the economy briefly amid global economic uncertainties that are blamed for causing the Manufacturing Production Index (MPI) to dip by 4.56% year-on-year in March to 104.6 points, says the Office of Industrial Economics (OIE).

Bangkok Post

Your Friday night playlist curated by DJ Arthi - Beyoncé backup dancer and economic journalist

The multi-hyphenated dancer, DJ, Rinse FM radio host and economics correspondent picks her top five tracks to get the party started

Evening Standard

From analysis to the latest developments in health,
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World Bank: MENA Region Faces Unprecedented Water Scarcity

The Middle East and North Africa (MENA) region is going to face unprecedented water scarcity in the future, warned the World Bank. In a report, titled "The Economics of Water Scarcity in the Middle East and North Africa Region – Institutional Solutions," it indicated that by 2030, the water available…

Asharq Al-Awsat

EU economy returns to growth despite surprise German stagnation – as it happened

Live coverage of business, economics and financial news as eurozone economy grows by 0.1% in first quarter after Amazon earnings beat expectations

The Guardian - UK

No 10 hits back at Microsoft after company says EU ‘more attractive’ post-Brexit after takeover blocked – as it happened

Live coverage of business, economics and financial markets as US tech company heavily criticises UK’s Competition and Markets Authority

The Guardian - UK

This isn’t wage-price inflation, it’s greedflation – and big companies are to blame

British ministers seem keen to avoid what the data tells us, says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

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‘Unnecessary’ rate hikes to trigger ‘consumer recession’: Report

A major economics firm says the RBA has gone too far in raising interest rates and has forecast a "consumer recession".

The New Daily

Google CEO Sundar Pichai says 'hallucination problems' still plague A.I. tech and he doesn't know why

After Google’s A.I. chatbot invented fake economics books in a demonstration with 60 Minutes, Pichai admitted: 'You can’t quite tell why it said this.'

Fortune

Debt dangers in Africa: how defaults hurt people, and why forgiveness isn’t the answer

Public debt repayments in some African countries are at their highest levels since 1998. The Conversation Africa’s founding editor Caroline Southey talks to dean and economics professor Philippe Burger about the danger of debt problems some African countries face.

The Conversation

Did the Reserve Bank's interest rate hikes put Australia's economy on a 'knife-edge'? A major consulting firm thinks so

A major consulting firm forecasts a "consumer recession" in 2023, warning hundreds of thousands of Australian households are bleeding cash every month.

ABC News

Grattan on Friday: Chalmers grapples with a budget where economics and politics pull in different directions

Last weekend’s report that more than 10 million Australians are facing a large tax rise wasn’t a new revelation.

The Conversation

Journalists needs to be more critical of the way governments use 'nudging' to change our behaviour – here's why

Suppose you are in a pub with friends. You drink a few beers, have a good time, and head home. The following morning you realise your headache is milder than usual. You then discover that you were part of an experiment where the glasses at the pub were 25% smaller.

The Conversation

AI will end the west’s weak productivity and low growth. But who exactly will benefit?

The clock is ticking on the development of policy to meet this huge societal challenge, says Larry Elliott, the Guardian’s economics editor

The Guardian - UK

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Tribune News Service

Review: 'A Living Remedy,' by Nicole Chung

NONFICTION: Chung writes about her parents' illnesses, the economics of sickness and her separation from them both during the pandemic.

The Conversation

Alberta’s minimum wage report leaves out labour perspectives in favour of corporate interests

Alberta’s minimum wage expert panel report was recently released three years after it was submitted to the provincial government.

The Guardian - UK

Virgin Media restores internet service after outages across UK – as it happened

Company’s own website went down and internet was inaccessible for several hours. Follow all our live coverage of business, economics and financial markets

The Independent UK

Pioneering Black economist Sir Arthur Lewis celebrated with university building after four year campaign

Sir Arthur Lewis became the London School of Economics’s first Black academic in 1938, and now has a building named in his honour

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Bangkok Post

Western slowdown to weigh on Thai production

Thai exports are likely to be indirectly affected by banking problems in the US and Europe, slowing an already sluggish sector and causing a drop in the Manufacturing Production Index (MPI), according to the Office of Industrial Economics (OIE).

The Guardian - UK

Graham Pyatt obituary

Other lives: Warwick University economics professor and World Bank development economist

The National (Scotland)

Economist tackles independence currency question and urges Scots to be 'grown up'

ON THE first day of Scotland’s first economics festival, one economist urged Scots to support the adoption of a new currency and face being “a…

The National (Scotland)

Scotonomics day one: Innovation, currency, macroeconomics, and comedy

AN in-person and online audience was welcomed to Scotland’s first economics festival on Friday evening.

The National (Scotland)

Economics of independence 'far less important' than politics, says economist

ECONOMICS is "far less important" when considering questions like Scottish independence than politics, a professor of the subject has said.

The National (Scotland)

What to expect from the first night of Scotland's Festival of Economics

Here’s what to expect on first night

The National (Scotland)

Scotland's first Festival of Economics kicks off in Dundee

SCOTLAND’S first Festival of Economics begins today in Dundee.

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