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The Latest Breaking News from Economy

IMF Slashes China Growth Forecasts As Trade War Deepens

The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official target as it fights a mounting trade war with the United States that threatens to hammer the global economy.

International Business Times

Gloomy economic forecast piles pressure on Reeves to secure trade deal with Trump

NEWS ANALYSIS: IMF downgrade lays bare the impact of Trump’s tariffs, with experts warning there could be more pain to come unless chancellor can secure a US-UK trade deal. Kate Devlin reports

The Independent UK

Spain to reach NATO's spending goal of 2% of GDP on defense this year

Prime Minister Pedro Sánchez said Spain will meet NATO’s defense spending target this year as pressure grows on the eurozone’s fourth-largest economy and NATO laggard to boost its military expenditure

The Independent UK

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Global growth forecasts slashed in fallout from tariffs, IMF warns

The UK economy is predicted to grow by 1.1% this year, 0.5 percentage points less than January’s forecast.

Evening Standard

IMF warns of ‘major negative shock’ from Trump’s tariffs

Global lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%

The Guardian - UK

Canada’s new immigration policy favours construction workers but leaves the rest behind

Migrant workers have long been recognized as essential to Canada’s economy. But that recognition rarely translates into meaningful inclusion. As Canada embarks on new immigration reforms, persistent inequalities continue to define who truly belongs, and who remains excluded.

The Conversation

Trump Approval Rating Plunges From Post-Inauguration High Amid Power Tripping Concerns

President Trump has been wielding an iron hand in the face of the world in recent weeks, and a new poll revealed that Americans are beginning to feel uncomfortable with his actions just three months into his second presidency.

International Business Times

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Trump’s made for TV madman theory flops

Former State Department official Edward Fishman warns that Trump's strategy of global economic chaos will backfire

Salon

Is Donald Trump threatening the US Federal Reserve’s independence?

US president Donald Trump has been increasingly calling for the Federal Reserve to lower interest rates, claiming that there is "virtually no inflation", as energy and grocery prices continue to decrease considerably.

Euronews

Wall Street rebounds as Trump admin signals ‘de-escalation’ of trade war with China: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

The Independent UK

US stocks and dollar tumble as Trump renews attacks on Fed Chair Powell

S&P 500 falls 2.36 percent, while Nasdaq Composite drops 2.55 percent amid fears for central bank’s independence.

Al Jazeera

‘Peak uncertainty’ may have passed since Trump pressed pause on tariffs, but Fundstrat’s Tom Lee fears we may not have reached ‘maximum pain’

“We’re now in a de-escalation mode when it comes to the tariffs,” UBS’s Evan Brown added.

Fortune

83 People Share Recession Indicators That Range From Funny To Cry Worthy

"Everyone becoming a DJ should've been our first recession indicator!"

Bored Panda

Chauffeur Driven Car Hire Dubai – Luxury & Affordable Options

Traveling in Dubai requires a blend of comfort, style, and efficiency. Whether you're visiting for business, leisure, or a special occasion, chauffeur driven car hire Dubai offers a seamless way to navigate the city’s vibrant streets.

inkl

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TechRadar

Sustainability Week: Telecoms’ winding road to net zero

Can telcos hit net zero while managing ageing networks? The circular economy may hold the key.

The Guardian - US

Do those so-called US recession indicators actually mean anything?

The media likes to advertise well-known metrics like unemployment and the ‘lipstick index’, but the truth is that no one really knows

The Guardian - UK

British Steel must now join the modern economy, not be a prisoner of the old

Lack of investment and vision has dogged UK industry, while China has literally forged ahead

International Business Times

'Pandora's Box': Alarm Bells In Indonesia Over Rising Military Role

Greater military influence in government, reporters under threat and a stuttering economy -- Indonesian President Prabowo Subianto's first six months in power have triggered alarm bells for activists worried about a return to the country's authoritarian roots.

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Fortune

Southeast Asia's Muslim market comes of age—and authenticity is in

From banking to fashion, local businesses are targeting a growing middle-class consumer base keen to buy 'halal'.

Fortune

Trump’s handling of tariffs and inflation nosedives his economic approval rating to the rock bottom of his entire presidential career

A survey of 1,000 Americans showed Trump with 43% approval and 55% disapproval.

Evening Standard

London's decade-long millionaire exodus may be as damaging as losing 1.5 million taxpayers, analysis suggests

Exclusive: Tax rises, Brexit and a weakening pound to blame for 30,000 millionaires fleeing the capital in ten years — an average of eight a day

Newslaundry

TV Newsance 295: Startups or suck-ups? Piyush Goyal and the (unease) of doing business in India

While the global economy grapples with real crises, India is booming… with ministers dishing out unsolicited gyaan. In this week’s Newsance, Abhinandan Sekhri looks at how India’s startup ecosystem is being smothered – not by a lack of ideas, but by a surplus of sycophancy.

The Guardian - UK

From Sidemen to MrBeast: how YouTube and its creator economy took over TV

Stars and their high-quality content enable streamers and others to pull in younger audiences

Reason

How Egg Prices Became the Symbol of Poland's Successful Transition to Freedom

In the chaotic early days of Poland's "shock therapy," free market reformers measured their success by the falling price of this one basic commodity.

Reason

Trump's Tariff Mania Shows the Folly of Central Planning

Even if Trump were a font of intelligence and wisdom (and he's not), no one person should be directing any country's economy.

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