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The Latest Breaking News from Economics

Here's How Needham Views Block After Its Analyst Day

Mayank Tandon from Needham has reiterated a Buy on Block, Inc (NYSE:SQ) with a price target of $135 (65.9% upside). Last week, Tandon attended SQ's virtual analyst day. Management laid out its view of the company's bright future given the numerous growth drivers in the Seller and Cash App ecosystems, compelling LT unit economics for each…

Benzinga

Matchmaking: New Model Could Improve Placements Of Students With Schools

New research has shown that a fresh approach to how students find places in higher education could bring benefits to both schools and pupils.

Zenger

Labor increasingly likely to form majority government as Liberals descend into turmoil

Anthony Albanese and his senior leadership and economics team will be sworn in on Monday as PM-elect declares he wants to ‘change the country’

The Guardian - AU

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France’s Macron Appoints New Government for 2nd Term

French President Emmanuel Macron announced a new-look Cabinet on Friday, with a new foreign minister part of the reshuffled line-up behind France’s first female prime minister in 30 years. Three senior ministers - Gérald Darmanin at the interior ministry, Bruno Le Maire for economics and Justice Minister Eric Dupond-Moretti -…

Asharq Al-Awsat

Labour’s fourth ‘well-being budget' still comes up short on the well-being of women

All budgets are about economics and politics, and 2022’s was no different. The Labour government continued its economic rebuild through commitments to infrastructure and industry, low- and middle-income earners’ living costs, and the successful implementation of signature reforms in health and climate.

The Conversation

Cash and climate to sway Pub Test votes

Environment, economics and poorly-received housing policy have dominated the final Pub Test discussion.

Newcastle Herald

Neighbourhood green space is in rapid decline, deepening both the climate and mental health crises

The past 20 or so years of housing development in England and Wales has decimated community access to green space. That’s according to a new report from think tank the New Economics Foundation (NEF), which has brought together data on the age of housing developments, public green space provision and…

The Conversation

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Former FTI chief says he has nothing to fear in entering politics

Suphan Mongkolsuthee, former chairman of the Board of Directors of the Federation of Thai Industries (FTI), was on Monday named leader of the Thai Sang Thai Party's economics team.

Bangkok Post

How tech rebooted economics and platforms broke the invisible hand

Growing evidence and new research explain the evolution of economic diversity and the need to rethink monopolies in the age of technology.

360info

Chandigarh: Coupled booked for Rs 3.6 crore fraud

CHANDIGARH: The economics offences wing (EOW) of the UT police booked a man and his wife for allegedly duping the owner of a Manimajra-based company of Rs 3.66 crore on the pretext of share trading.

The Times of India

Secrets to passing climate legislation

These Republican states are passing clean energy bills in the name of freedom and economics

Salon

Inflation inequality: Soaring prices weigh on low-income households

Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine…

France 24

Swati Dhingra to join Bank of England’s monetary policy committee

LSE academic and prominent Brexit critic is first Asian woman to be appointed to role, replacing Michael Saunders

The Guardian - UK

Confidence in household finances hits record low

Confidence in household finances over the short term hit an all-time low in the survey from YouGov and the Centre for Economics and Business Research.

The Independent UK

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AAP

Investment to grow despite many hurdles

Deloitte Access Economics expects business investment to grow over the next five years despite facing near term hurdles, such as rising interest rates.

France 24

Rwanda: Tackling the challenge of overpopulation

Africa's demographic growth is having a considerable impact on the continent's capital cities. Kigali, for example, is set to double its population by 2050. In one of the most densely populated areas in the world, authorities are trying to organise this growth in terms of urban planning and economics. Rwanda,…

The Conversation

Allowing E15 fuel year-round won't increase sales very much, but it's a symbolic victory for corn ethanol advocates

As part of efforts to dampen high gasoline prices, the Biden administration is temporarily allowing gas stations to sell a special fuel blend called E15, containing 15% ethanol, year-round. Under the Clean Air Act, E15 cannot be sold in summer because it evaporates more readily in warm weather and can…

The Guardian - UK

Labour faces an open goal in this week’s local elections. It mustn’t miss

At the moment, you might ask how Keir Starmer’s party could possibly fail. Yet things may not be quite so simple, says the Guardian’s economics editor, Larry Elliott

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The Guardian - UK

Russia’s war in Ukraine ‘causing £3.6bn of building damage a week’

Kyiv School of Economics estimates cost of conflict could rise to $600bn, almost four times the nation’s GDP

Daily Record

Woman risks losing £1,000 and holiday cancelled due to three-month passport delay

Jenny Craig, 43, said she applied for a passport renewal for her son Isaac 12 weeks ago.

Wales Online

Woman faces losing £1,000 after three-month passport delay as warning issued to holidaymakers

Delays in passport processing could affect almost a million holidaymakers this year, the Centre for Economics and Business Research says

Daily Mirror

Experts warn passport delays could cost £1.1billion in cancelled trips this summer

The Centre for Economics and Business Research found there is only a 50% probability of a “successful and timely” passport renewal process for travellers

InsideEVs

Tesla Back Up To Over 80% Production Output At Giga Shanghai

The Shanghai Economics and Information Technology Commission confirms that Tesla has ramped up EV production in China to over 80 percent of capacity.

Reason

Higher Education Makes People More Libertarian

A major new British study reinforces the conclusions of previous research from the United States.

The Guardian - UK

Thursday briefing: The cost of living strategies that could actually work

In this morning’s newsletter: Archie Bland talks to economics correspondent Richard Partington about what more the government could do to help the worst off in society

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