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The Latest Breaking News from Economy

Canada ends cod moratorium in Newfoundland after more than 30 years

The Canadian government has ended the Newfoundland and Labrador cod moratorium, which gutted the Atlantic-coast province’s economy and transformed its small communities more than 30 years ago

The Independent UK

Charges for single-use coffee cups on table after Holyrood passes new bill

NEW legislation that could bring in charges for single-use coffee cups, as well as fines for those who “deliberately contaminate” recycling, has…

The National (Scotland)

Planned Universal theme park in Bedfordshire to ‘bring £50bn to UK economy’

Hollywood group says 200-hectare site will be based around popular film and games franchises and open 365 days a year

The Guardian - UK

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As debate approaches, presidents are blamed for events over which they have little control

Presidents are blamed for just about everything – especially during an election season. As the presidential debates of 2024 begin, the blame game is certain to be part of the spectacle. But presidents are not really responsible for as many things as voters, journalists or political opponents try to blame…

The Conversation

Air freight greenhouse gas emissions up 25% since 2019, analysis finds

Boom in air cargo due to shoppers’ expectations of speedy delivery and shift in post-pandemic economy, researchers say

The Guardian - UK

LinkedIn chief economist: Get ready for the 'relationship economy'

Karin Kimbrough emphasized that while knowledge remains crucial, the growing importance of relationships is undeniable.

Fortune

£10,200: How much worse off Britons are after 14 years of Tory rule

Britons have lost the equivalent 15 weeks of wages based on comparisons with pre-2010 growth trend.

Al Jazeera

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Stock Market Downside Risk Spelled Out

The S&P 500 (SPY) keeps making record highs...but there are cracks under the surface that are a bit more ominous. For example the fact that the small caps in the Russell 2000 are actually in negative territory on the year. That is NOT a sign of a healthy bully market.…

StockNews.com

Jennifer Lopez shocks budget airline passengers as she's spotted flying economy

Stars, they're just like us

Marie Claire

The good news is the Australian economy is about to turn up. Here’s why

Right now things feel awful.

The Conversation

Top investor dubs U.K. a 'banana economy' over 'build absolutely nothing' mantra

PIC says the U.K.'s stunted planning policy is leaving $250 billion for viable projects unused.

Fortune

Mongolians To Vote In Poll Dominated By Corruption Worries

Mongolians go to the polls Friday in parliamentary elections, with the ruling party expected to hold its majority despite voter fatigue over corruption and concern about inflation and the state of the economy.

International Business Times

Argentina's Growth Plummets 5.1% In First Quarter

Argentina's austerity-hit economy contracted by 5.1 percent in the first quarter, the national statistics agency said Monday, driven by a slowdown in the construction and manufacturing industries.

International Business Times

Spend your tax cuts in Canberra on a 'little treat', Barr says

Tuesday's ACT budget will also include a cost-of-living package.

The Canberra Times

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The Conversation

China and Botswana: ‘fong kong’ products have helped drive local manufacturing – study

Chinese products are frequently viewed as inferior and inexpensive, contributing to their negative reputation. This is true in African countries too.

Kiplinger

Which Airlines Have the Most Legroom — and Which Have the Least?

Care about legroom? This list ranks major airlines by legroom and tells you which of their fleet is the roomiest.

GamesRadar

Cities: Skylines 2 finally unleashes its huge "Economy 2.0" patch with reworked rent and a fix for death waves, but it'll also kill a bunch of your citizens

These rent calculations are a lot to process

France 24

Japan slowly opens its doors to foreign workers

Japan is one of the world's fastest-ageing societies, with one of the lowest birth rates. For its economy to thrive, it needs more workers. On June 14, parliament passed an immigration reform that will lead to a rise in the number of foreign workers. Non-Japanese currently make up just 2.8…

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The National (Scotland)

Campaigners pile electronic waste outside Holyrood ahead of circular economy vote

ELECTRONIC waste has been piled up outside the Scottish Parliament as MSPs prepare to take part in the final debate on a bill seeking to change the…

Roll Call

A Recipe for (Avoiding) Disaster, Part III - Roll Call

In the first quarter of 2024, numerous federal government agencies took actions to address the variety of climate-related financial risk affecting our nation’s economy. However, fully understanding the scope of physical climate risk and the resulting categories of physical property risk is anything but straightforward. To delve into the nuanced…

Latin Times

Most Markets Track Weak US Lead, Eyes On Yen

A forecast-topping read on the US services sector provided further evidence that the world's top economy remained in rude health and dealt a blow to hopes for interest rate cuts.

Evening Standard

Rishi Sunak: I'll fire up London with plan to ease housing crisis and boost West End

EXCLUSIVE: Prime Minister speaks to the Evening Standard on how the Tories would get London’s economy thriving

Newslaundry

India’s gig workers remain undocumented, unprotected

Savita* was shocked to discover that her Urban Company ID had been blocked in February 2023 because she did not meet the monthly target of 40 clients. “My mother-in-law passed away and I took a break of one month from work. I was left without any means of income,” the…

The Conversation

Climate and energy have emerged as a federal election flashpoint. But unless the economy improves, will voters be listening?

With a federal election due by May 2025, few doubt it will be fought over the high cost of living, with emphasis on energy policy and the punishing effects of electricity prices. But the underlying condition of the economy will determine the salience of these arguments with voters.

Kiplinger

Kiplinger Special: The Long-Term Future of the U.S. Economy

Kiplinger's report into what it will take the U.S. to maintain a healthy economic growth rate.

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