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The Latest Breaking News from Economy

New Zealand Warns Of Slower Economic Growth Ahead

Learn about the challenges facing New Zealand's economy and the measures being taken to stimulate growth and boost investor confidence.

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Tiger Tiger and the reasons why London's late-night economy is in crisis

Pricey pints, mass pub and club closures, venue curfews, licensing restrictions and a struggling late-night transport infrastructure are killing London’s buzz, says El Hunt — when did the capital stop being fun after dark?

Evening Standard

Economic Hard Times Make Swedes Cut Back On Drinking

A slumping economy gave Swedes less to cheer about last year as alcohol consumption fell the most in nearly a decade in the Nordic country, excluding the 2020 pandemic, research showed Friday.

International Business Times

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As Putin eyes sure reelection, Russia’s economy defies sanctions, critics

Russian president’s all but guaranteed fifth term in power comes as economy has outperformed expectations.

Al Jazeera

Weekly Must-Read: Why China’s Efforts to Resolve Hidden Government Debt Could Fall Short

At worst, measures could further inflame the problem, promoting more off-the-books borrowing and increasing risks to economic and financial stability in the world’s second-largest economy

Caixin Global

Each city in State has to feed millions in the future, needs sustainable strategies: Finance Secretary

Tamil Nadu Finance Secretary emphasizes the need for cities to reinvent themselves for sustainable growth and economic development.

The Hindu

Barr and Lee set the scene for the ACT election

Both leaders gave speeches this week about the economy.

The Canberra Times

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Tackling inequality vital for next century of growth, IMF head says

Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold

The Guardian - UK

French Economy Expected To Grow 0.3% In Q2

INSEE report forecasts 0.3% growth for the French economy in Q2, signaling a positive shift and potential rebound.

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Japanese Firms Increase Wages, Largest Pay Rise Since 2013

Japanese firms announce largest pay rise since 2013, indicating economic growth and stability. Positive news for workers and economy amidst global challenges.

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Japan Money Markets Prepare For End Of Negative Rates

Explore the potential end of negative interest rates by the Bank of Japan and its implications on Japan's financial markets and economy.

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Pakistan Central Bank Expected To Hold Rates In Q2

Learn about Pakistan's central bank's anticipated interest rate decisions and their impact on the country's economy.

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China Central Bank Expected To Maintain Key Rate

China's central bank maintains key interest rates to support economy amidst global uncertainties and trade tensions.

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Spain Assures EU Funds Unaffected By Budget Rollover

Spain's Minister of Economy assures continuity of EU fund disbursement despite budget rollover concerns.

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BOJ To End Negative Interest Rate Policy In March

The Bank of Japan considers ending negative interest rates to address economic challenges. Potential implications for Japan's economy and recovery trajectory.

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China Drafts Rules For Companies To Access Foreign Debt Markets

China's draft rules aim to boost economy by easing access to foreign debt markets for companies.

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Putin's War Economy Leads To Income Decline In Russia

Analysis of Russia's economy under Putin's leadership: growth in defense, income decline for citizens, and potential long-term consequences.

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Bank Of Korea Cautious In Final Inflation Fight Stage

Bank of Korea's cautious approach in addressing inflation to ensure stability and growth in South Korea's economy.

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General Brown Visits U.S. Weapon Factories Amid Aid Debate

General CQ Brown advocates for billion aid package supporting Ukraine and U.S. economy during visit to U.S. weapon factories.

AAP

From talk to torque: sovereign steel for solar economy

Manufacturer Orrcon Steel has joined forces with a global energy firm to supply torque tubes made from 100 per cent Australian steel for solar panel tracking.

The Guardian - AU

China may be facing too many economic obstacles to hit its ambitious growth target for 2024

Fighting deflation, a sinking property market and weak internal demand, Beijing has set itself a challenging goal in 2024

International Business Times

Yellen Says US Economy Unlikely To See 'Stagflation'

The US economy is not expected to see stagflation, Treasury Secretary Janet Yellen said in an interview broadcast Wednesday, adding that most forecasters expect inflation to cool as housing costs move lower.

International Business Times

Brazil Revs Up For Jolt Of Hybrid Car Investments

Brazil is charging up for a hybrid revolution as global car manufacturers race to pump billions of dollars into the development of green vehicles in Latin America's biggest economy.

The Guardian - UK

Hunt says plan to scrap employee national insurance could ‘take more than a decade’

Chancellor’s unfunded proposal would be ‘work of many parliaments’ and depended on growth of economy

The Guardian - US

Biden slightly behind Trump but voters’ views of economy improve, poll shows

No indications that president’s forceful State of the Union address provided much of a boost with voters, survey shows

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