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The Latest Breaking News from Economy

A top analyst thinks we’re heading for a new ‘age of austerity’

A Fortune report analyzes the predictions of Jim Masturzo, chief investment officer at Research Affiliates.

Fortune

A third in UK missed work in 2022 due to delays accessing NHS care

Polling by Savanta shows 19% were not able to go to work as they were waiting for a GP appointment

The Guardian - UK

Javier Milei, a radical libertarian populist, elected president of Argentina

A former TV pundit and ultra-conservative economist has won Argentina's presidential election. Now he faces the challenge of turning around a crippled economy with staggering inflation of over 140%

WEKU

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Find ‘consensus’, CBI boss urges politicians ahead of budget

The next decade cannot be one of ‘low growth and lost opportunities’, Rain Newton-Smith will say.

The Independent UK

Argentina presidential election: far-right libertarian Javier Milei wins after rival concedes

Victory for TV celebrity turned politician catapults South America’s second-largest economy into an unpredictable future

The Guardian - AU

Will Home Builders Replenish Demand for Copper?

The end of the home construction season left the industry needing to replenish copper product supplies for the beginning of the 2024 home building season. Will their renewed demand be a catalyst for higher prices into the year-end?

Barchart

Night Shift review – interconnected stories of isolation and intimacy

Combining spoken dialogue with BSL this innovative production shines a light on the unsung heroes who keep the economy running while the world sleeps

The Guardian - UK

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INCOIS ‘SAM’ study to understand fair weather patterns on seas for maritime activities

INCOIS scientists discover SAM climate pattern shapes sea conditions across Indian Ocean, aiding coastal planning, resource mgmt & disaster prep. Study findings can improve wave predictions & identify fair weather windows, benefitting fisherfolk & blue economy stakeholders. 40-yr data analysed to find positive SAM phase causes warm sea surface temp…

The Hindu

Entrepreneurs are returning from Europe-U.S. to be part of India’s growth story

“This is because the economy is growing and the opportunities are large and the government is very focused on entrepreneurs.”

The Hindu

Top US economists are often wrong – should we trust their predictions?

They write books, review papers and oversee research, and they oftentimes get things wrong – very wrong

The Guardian - US

Hollywood ending unlikely for Jeremy Hunt, with progress on economy slow

Chancellor is upbeat but there is little chance of autumn statement changing voter perceptions of Tory plan

The Guardian - UK

Unions tell Tata Steel UK steelmaking is at risk if blast furnaces closed

Union leaders make last-ditch attempt to avert job cuts and massive hit to local economy in south Wales

The Guardian - UK

Populist challenges economy minister in Argentina's presidential runoff

Voters in Argentina were heading to the polls Sunday in a presidential runoff election that will determine whether South America’s second-largest economy will take a rightward shift.

France 24

If you think ‘bossware’ surveillance culture in the workplace is new, think again

The rise of intrusive software that lets employers monitor workers’ every move is part of ruthless corporate mindset, but its origins go back to 1900s scientific management theories

The Guardian - UK

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news in one place.

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The Hindu

Antimicrobial resistance a significant threat to global public health: WHO

WHO warns of 1.27M deaths/yr due to AMR, 3.89K in South Asia. Without action, 10M deaths/yr & $100T loss to global economy by 2050. Factors like population density, limited access to healthcare & misuse of antimicrobials make South-East Asia particularly prone to AMR. World Antimicrobial Awareness Week (Nov 18-24) to…

The Hindu

Tourism can be expanded without endangering biodiversity: Meghalaya CM

Meghalaya CM Conrad Sangma is developing a tourism model that does not pit economy vs ecology. The State plans to scale up tourism, protect biodiversity, and create jobs. It will incentivise homestays, villas, and cultural activities. It is also investing in infrastructure, subsidising tourist vehicles, and creating incubation centres to…

The Times of India

India: A powerhouse on two fronts - cricket and economy

In the heart of the subcontinent lies a nation that has seamlessly woven its destiny on the fields of cricket and the battlegrounds of economic growth. India, with its billion-plus population, stands tall as the future of both cricket and economic prosperity, drawing uncanny parallels between the two domains.

The Independent UK

Robbie Williams and his wife reveal their children fly economy while they sit in first class

No move to expensive seats ‘until they can pay to put themselves in a different part of the plane’, says Ayda Field

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news in one place.

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GoodToKnow

Robbie Williams' wife shares controversial rule she hopes will keep their kids grounded - but she’s worried it makes them seem like bad parents

What would you do in this situation?

France 24

Establishment insider or political provocateur? Argentina faces stark presidential choice

Amid skyrocketing poverty and inflation, Argentinians face a stark choice on Sunday between two wildly different presidential candidates. Libertarian Javier Milei has led a disruptive campaign that has galvanised voters and won support from a faction of the traditional far-right. But a shock first-round victory for current Economy Minister Sergio…

The Hindu

Argentina to vote in crucial presidential elections amid mounting economic woes

Nicolas, a 20-year-old student in Buenos Aires, faces an economic crisis reflected in 143% inflation & increased poverty. Javier Milei, an economist advocating tax cuts & dollarisation, is in a runoff against the Minister of Economy. People are deprived of basic needs & must be resourceful to survive. Lionel Vargas…

The Hindu

State of the economy — temper the euphoria

If official spokespersons enlarged the frame of economic assessment, a few stark facts come into focus

The Independent UK

Jeremy Hunt says tax cuts for businesses a ‘priority’ as he hints at benefits squeeze

Chancellor says businesses take ‘priority’ ahead of autumn statement

Barchart

What are Lumber Futures Telling Us About the Economy?

After declining from August through October 2023, physical lumber futures found a bottom and turned higher. Lumber is a thinly traded futures market but a critical economic indicator. The recent rise in lumber prices could signal an overall rally in commodity prices on the horizon.

France 24

Milei or Massa? Argentinians face tough choice amid economic crisis

As Argentina gets ready to vote for a new president, over 40 percent of its population live under the poverty line as their budgets are squeezed by triple digit inflation. The two candidates running for president – far-right libertarian outsider Javier Milei and ruling Peronist economy minister Sergio Massa –…

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