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The Latest Breaking News from Economy

Cameroon aims to boost export revenues, rejoin AGOA - minister

Cameroon is working to boost export revenues to fend off a potential debt crisis and has relaunched talks with the U.S. to rejoin Washington's flagship trade initiative with Africa, its economy minister said on Monday.

Reuters

Climate emergency is the biggest health crisis of our time – bigger than Covid

As toll on public health and global economy rises, radical action is needed on greenhouse gas emissions

The Guardian - UK

Is the Ukraine war boosting or damaging the Russian economy?

IMF suggests invasion spending is pushing up GDP but academics argue non-military economy is foundering

The Guardian - UK

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Editorial: How to Reverse the Decline in Foreign Investment in China

Holding to the principles of reform could help break a deadlock in a landmark EU investment pact that is vital to reversing the recent decline in FDI

Caixin Global

Mental health plays a big role in advancing the economy - we need a measure beyond GDP

Indonesia is performing comparatively well in its economic growth amid the current global economic slowdown.

The Conversation

Predicted 0.08% boost from UK-Asia trade deal could be overestimate

Trade department used different approach to estimating economic boost which ‘generates larger estimated GDP impacts’

The Independent UK

As India’s population soars above all, fewer women have jobs

India will soon eclipse China to become the world's most populous country, and its economy is among the fastest-growing

The Independent UK

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Economy expected to grow 3.6% this year - central bank

Thailand's economy is expected to grow 3.6% this year, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on TV channel JKN-CNBC on Monday.

Bangkok Post

Which global economy does your state match up to?

Fortune compares each state to the country with the most similar GDP. Texas, meet Canada; New York, meet Brazil.

Fortune

OECD predicts SE Asian growth to decline

Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).

Bangkok Post

National recycling scheme being launched for children's car seats

A scheme to recycle children's car seats is part of a push to move Australia closer to a circular economy, focusing on minimising our impact on the environment, while also keeping kids safe.

ABC News

Credit crackdown weighs on businesses

Even before the collapse of Silicon Valley Bank last month, other banks were getting stingier about making loans. That makes it harder for businesses trying to grow and raises the risk of recession.

WEKU

Five Times Faster by Simon Sharpe review – a radical but realistic path to net zero emissions

A former civil servant makes a persuasive case for dropping economy-wide emissions targets and focusing on tipping points where green technologies become affordable

The Guardian - UK

The international wellbeing economy policies that could transform Scotland

THE transition to a wellbeing economy is, perhaps, one of the most ambitious policy commitments ever proposed by the Scottish Government.

The National (Scotland)

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Bangkok Post

Credit Suisse failure 'would have crashed Swiss economy'

GENEVA: Switzerland’s finance minister says the country’s economy probably would have collapsed had Credit Suisse gone bankrupt.

The Independent UK

Biden took jobless rate to 3.5%, but for how much longer?

President Joe Biden keeps seeing good economic news and bad public approval ratings

Dublin Live

Junior ministers flew in business class for St Patrick's Day trips

Ministers of State Thomas Byrne, Niall Collins and Josepha Madigan all flew business class while the senior ministers in their departments flew economy

Los Angeles Times

Southern California ports shutdown highlights high-stakes contract talks

LOS ANGELES — A dockworker shortage at the Los Angeles and Long Beach ports stretched into its second day Friday, halting cargo traffic at the massive shipping complex while disrupting the local economy and the global supply chain.

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Los Angeles Times

Southern California ports shut Friday due to worker shortage, snarling cargo traffic

LOS ANGELES — A dockworker shortage at the Los Angeles and Long Beach ports stretched into its second day on Friday, halting cargo traffic at the massive shipping complex while disrupting the local economy and the global supply chain.

Irish Mirror

Several junior ministers flew business class for St Patrick's Day - while their senior minister flew economy

EXCLUSIVE: Information given to the Irish Mirror show that of the eight Ministers that flew business class, half were Ministers of State. Several Junior Ministers flew business class while their Department's Cabinet Minister was in economy.

Barchart

March Nonfarm Payrolls Report: The U.S. Labor Market Remains Strong

What you need to know… On Friday the Labor Department reported March nonfarm payrolls, which showed that the U.S. economy added 236,000 jobs, which was near the 238,000 expectation. The unemployment rate ticked lower to 3.5% from 3.6%. The U.S. stock markets were closed on Friday in honor of the...

The Conversation

Jobs report hints that Fed policy is paying off – and that a 'growth recession' awaits

The latest jobs report is in, and the good news is Federal Reserve policy on inflation appears to be working. The bad news is Fed policy on inflation appears to be working.

France 24

Trading places: How Russia's commercial flows moved from West to East

More than a year after Russia's full-scale invasion of Ukraine, changes in global trading flows have transformed the world economy. Western sanctions against Moscow have forced Russia to rely on different partners – China and India in particular. To help us make sense of these developments and what they mean,…

Kiplinger

Jobs Report Shows Pace of Hiring Slowed in March: What the Experts Are Saying

The jobs report showed the lowest level of hiring in more than two years.

France 24

A tale of one city: Women and the UK cost-of-living crisis

Despite its historic reputation as a centre of education, power and wealth, Cambridge is the UK’s most unequal city. Like the rest of the country, many of its residents are suffering greatly from the nation's cost-of-living crisis but none more so than women and children. This as the number of…

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