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The Latest Breaking News from Economy

GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel

Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadow

The Guardian - UK

Major airline slashes economy fares on transatlantic travel

European airline groups have felt the effects of Donald Trump’s trade war

The Independent UK

The euro as a safe haven: Is it here to stay?

While the euro's rise as a safe haven is promising, sustaining this trend requires more than just fiscal stimulus, S&P Global Ratings' Sylvain Broyer writes in a Euroviews exclusive.

Euronews

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Could there be an upside to Trump’s unhinged attacks on Canada?

The US president has inadvertently united the country against him – and now his tariffs may make Canada rethink its dependence on US trade, says Guardian US live news editor Chris Michael

The Guardian - UK

UK's Unexpected Economic Rebound Boosts Govt Amid Trump Tariffs

Britain's economy grew far more than expected in February, official data showed Friday, in a rare piece of good news for the Labour government as it grapples with unpredictable US tariffs.

International Business Times

Starmer aiming to ‘pass emergency legislation in one day’ to save British Steel – as it happened

Parliament is being recalled on Saturday to vote on emergency legislation that will bring British Steel under government control

The Guardian - UK

UK economy grows faster than expected in February as Trump tariff threat looms

The figures are a positive for Labour, but economists said growth will likely be hampered by the US trade war in the coming months.

Evening Standard

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Surprise as UK economy grows 'far faster than expected' after flat start to 2025

THE UK economy grew faster than expected in February, as the services and manufacturing sectors picked up after recent slow activity, official…

The National (Scotland)

UK economy grew by 0.5% in February in boost to Rachel Reeves

The ONS pointed to ‘widespread growth’ in multiple areas of the economy in an uptick for the UK

The Independent UK

UK economy grows by 0.5% in February in surprise boost for Labour

The figures are good news for Labour, which has made growing the economy its key priority since winning the election last year.

Evening Standard

UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

February GDP rise was bigger than forecast but impact from Donald Trump’s tariff war has yet to come

The Guardian - UK

UK economy surges 0.5% in February in surprise boost for Rachel Reeves

However, City economists warned that the spurt could be short-lived as the impact of higher tariffs and business taxes kick in

Evening Standard

FTSE 100 Live 11 April: Index lower as trade war escalates, dollar at 3-year low

An uplift from forecast-beating UK GDP figures quickly faded today after Beijing announced higher tariffs in a deepening of the US-China trade war.

Evening Standard

Crumbling bridges slow traffic and the economy in Germany. Can more money fix the problem?

Germany’s reputation for efficiency is taking a hit from crumbling concrete

The Independent UK

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The Guardian - AU

Australia is on an economic rollercoaster thanks to Donald Trump. What happens from here?

I’ve seen my fair share of wild rides on the stock market. Nothing comes close to what we are witnessing today

Fortune

The U.S. is now gearing up for a confrontation with China, which some say was the plan all along

The case for and against the existence of Trump’s Grand Plan.

Barchart

Dollar Retreats and Gold Surges as US-China Tensions Mount

The dollar index (DXY00 ) Thursday fell by -1.84% and posted a 6-1/4 month low. The dollar fell sharply on Thursday because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. The US raised total tariffs on China Wednesday to 145%...

The Independent UK

Donald Trump’s climbdown will be a turning point in his presidency

THE INDEPENDENT VIEW: Editorial: Market forces have shown that the US president, for all his self-belief, is not invulnerable. The undoing of his foolhardy fiscal strategy is a wake-up call for the American establishment, which needs to recover its nerve and offer some checks and balances of its own

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Barchart

Coffee Prices Settle Higher as Demand Concerns Ease

May arabica coffee (KCK25 ) Thursday closed up +1.15 (+0.34%), and May ICE robusta coffee (RMK25 ) closed up +64 (+1.31%). Coffee prices Thursday settled mildly higher after President Trump paused his reciprocal tariffs on Wednesday, easing concerns about the global economy and commodity demand. Continued supply fears are also...

The Conversation

Canadian retailers are seeing a surge in domestic sales amid the ‘Buy Canadian’ movement

In recent months, the “Buy Canadian” movement has gained significant momentum, driven by a collective push to support domestic products and services, strengthen local businesses and reduce reliance on foreign imports.

AAP

Reserve Bank call for calm is welcome amid tariff drama

Federal Treasurer Jim Chalmers says Australia is still well-placed to navigate the economic uncertainty generated by Donald Trump's wide-ranging tariffs.

International Business Times

US-China Trade War Surges, Overshadowing Trump Climbdown

The US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief after President Donald Trump's earlier climbdown from a wider tariff onslaught against the rest of the world.

Barchart

Supply Concerns Lift Coffee Prices

May arabica coffee (KCK25 ) today is up +1.50 (+0.44%), and May ICE robusta coffee (RMK25 ) is up +153 (+3.14%). Coffee prices are climbing today after President Trump paused his reciprocal tariffs on Wednesday, easing concerns about the global economy and commodity demand. Continued supply fears are also supporting...

Radio France Internationale

Podcast: War economy, France's supercomputers, La Marseillaise and the Republic

A French-German weapons manufacturer ramps up production to meet the needs of France's war economy. An encounter with France's largest supercomputer dedicated to artificial intelligence. And how the Marseillaise national anthem has contributed to reinforcing French values and ideals.

The Guardian - US

Kimmel on Trump’s tariffs: ‘He drove the economy into a sand trap and took a mulligan’

Late-night hosts discuss Trump’s surprise retreat on tariffs after sending markets into their worst week since 2020

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