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The Latest Breaking News from Economy

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

‘America’s gone mad’: disbelief in Ayrshire, Scotland, near Trump’s golf course

While some say Trump has done much for Turnberry’s economy, others claim election result is ‘a disaster – he’s a fascist’

The Guardian - UK

NAB boss flags trade war risk as annual profit dips

National Australia Bank boss Andrew Irvine is worried about the risk of a trade war between the US and China, and its implications for the Australian economy.

AAP

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read the most diverse news in one place.

Trump’s economic vision is no longer a ‘maybe’. Here’s what it might mean for Australia and the world

For months, experts and commentators have been weighing up what the possible return of Donald Trump might mean for financial markets and the global economy.

The Conversation

How will Donald Trump’s victory affect Australia’s economy? Here are some clues

The biggest uncertainty – for shares, inflation and rates – is whether the president-elect acts on promises such as hefty tariffs, and how soon

The Guardian - AU

Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed

Shares have fallen in Asia after U.S. stocks stormed to records as investors made bets on what Donald Trump’s return to the White House will mean for the economy and the world

The Independent UK

Germany's Embattled Scholz Paves Way For Early Elections

German Chancellor Olaf Scholz said Wednesday amid a deep coalition crisis that he will seek a vote of confidence in January that would pave the way for early elections by March.

International Business Times

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Iran’s currency was already tumbling − and then news of Trump’s victory broke

As the world absorbed news of Donald Trump’s comeback victory in the 2024 U.S. presidential race, concern in Iran turned to the impact of the election on its own economy amid escalating regional tensions.

The Conversation

German government collapses after Olaf Scholz sacks finance minister

Unexpected move throws Europe’s largest economy into political disarray and is likely to lead to snap elections in March

The Guardian - UK

American voters were asked about the economy. The overwhelming answer shows why they picked Trump over Harris

Voters who were concerned about the economy did what they so often do—punish the incumbent party.

Fortune

Democrats Fear Losing House Majority After Republican Victories

Democrats concerned about potential House loss post-Republican victories. Economy influences voter sentiment.

Top News

Trump's Economic Agenda Expected To Impact Global Inflation Rates

President Trump's proposed economic policies may increase inflation and interest rates, impacting the US and global economy.

International Business Times

What Impact Will Trump Have On The World Economy?

Donald Trump's return to the White House with his protectionist policies poses threats for the global economy, with the prospect of new trade wars, resurgent inflation and slower growth, experts say.

The Conversation

IRIS²: the new satellite constellation aimed at ensuring communications autonomy for the EU

The ongoing transition to a digital economy has already had one observable consequence: a sharp rise in the need for connectivity enabling rapid data transmission. In a global market where connectivity offers are evolving quickly, satellites are now achieving technical and economic performances close to those of terrestrial solutions. The…

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Evening Standard

Ed Davey calls Trump 'dangerous, destructive demagogue' in furious attack on new president

Lib Dem leader says new US president ‘actively undermines the rule of law, human rights, international trade, climate action and global security’

Evening Standard

OPINION - Flying dollar and falling pound: what Donald Trump's win means for the City and London's economy

Shares rocketed to all-time highs in US markets but fell back in the City

The Independent UK

Climate campaigners react with dismay to Trump’s US election victory

Donald Trump is expected to pull out of the Paris Agreement and roll back parts of Joe Biden’s signature climate legislation.

International Business Times

Low Taxes, High Tariffs: What A Trump Victory Means For The US Economy

Donald Trump's victory in the 2024 US presidential election is likely to usher in a raft of economic changes at home and abroad, touching everything from foreign trade to the independence of the US central bank.

The Conversation

How the Trump presidency might change the global economy

Donald Trump’s victory in the 2024 election – and his threat to impose tariffs on all imports to the United States – highlights an important problem for the global economy.

The Independent UK

Trump win is a dark day for mankind, says Lib Dem leader Ed Davey

The need for the UK to rebuild post-Brexit links with the EU is now more important than ever after victory for the ‘dangerous, destructive’ Donald Trump, says Davey

The Conversation

Americans have voted for Donald Trump to become president again, and the economy is the biggest reason

Donald Trump has been elected the 47th president of the United States. He is just the second president in US history to win a second non-consecutive term in office after being defeated – the first was Grover Cleveland in 1892.

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