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The Latest Breaking News from Economy

EU announces plans to better protect its sensitive technologies from foreign snooping

The European Union has announced plans to better protect its cutting-edge technologies from foreign snooping that might threaten its economy and security

The Independent UK

1 Undervalued Chinese Stock to Buy Near 52-Week Lows

JD.com stock fell to new 52-week lows last week, and has lost almost half of its market cap in 2023. The stock now looks quite undervalued after the recent sell-off, and could offer strong returns in the medium to long term.

Barchart

IMF Head Backs Reforms To Increase China’s Voting Power

IMF's Georgieva supports giving China more voting power amid global economic changes.

Zenger

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Green economy workers: how will the UK’s net zero U-turns affect you?

We want to hear from people working across the UK’s green economy sectors about how they will be impacted by the prime minister’s net zero U-turns

The Guardian - UK

2023 ODI World Cup: From Kuldeep to Rashid - Watch out for these spinners

With India set to host the 2023 ODI World Cup after a hiatus of 12 years, the spinners are licking their chops in anticipation of bagful of wickets on helpful, turning Indian tracks.

The Times of India

Climate change is about to play a big role in government purchases – with vast implications for the US economy

Each year, the federal government purchases about 50,000 new vehicles. Until recently, almost all of them ran on diesel or gasoline, contributing to U.S. demand for fossil fuels and encouraging automakers to continue focusing on fossil-fueled vehicles.

The Conversation

UN approves Kenya-led mission to combat gangs in Haiti

The United Nations Security Council has approved a Kenya-led mission aimed at bringing stability to Haiti, where violent armed gangs have taken over parts of the Caribbean country, leaving the economy in tatters.

Radio France Internationale

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Texas’ unemployment rate is among the nation’s worst — but experts say it signals a growing economy

The state has yet to return to its pre-pandemic unemployment rate of about 3.5%, even as it leads the country in new jobs created. However, state economic experts say the unemployment rate is an indicator of Texas’s rapidly growing population and labor force.

The Texas Tribune

New workplace laws are 'life and death legislation'

Businesses across Australia have spent millions of dollars on a campaign against workplace reforms that unions say stop gig economy worker deaths.

AAP

Israel Slashes Gasoline Tax For Palestinian Authority, Eases Financial Strain

Reduction to save $21 million annually; other measures aim to support struggling economy amidst political tensions.

Zenger

Caixin China New Economy Index Rises Again on Growing Investment

The NEI increased 1.5 points in September to 31.9, marking a third straight month of growth

Caixin Global

Fears China ‘closing in on itself’ amid crackdowns, rising nationalism

From laws on espionage and security to fewer foreign films and clothing bans, is China turning away from the world?

Al Jazeera

Chad Looks To Israeli Agritech To Transform Economy

Israeli initiative supports Great Green Wall, providing Chad with vital agricultural technologies

Zenger

Fed's Powell gets an earful about inflation and interest rates from small businesses

Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington

The Independent UK

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The Guardian - UK

Hunt’s speech pleases Tory faithful but is unlikely to resonate with voters

Cost of living crisis, rising unemployment and extended NHS waiting times will determine government’s chances in general election

The Conversation

Glaciers can give us clues about when a volcano might erupt

Globally, there is about one volcano erupting each week. Volcanic unrest kills an average of 500 people every year and costs the global economy roughly US$7 billion (£5.7 billion). With one in 20 people living somewhere at risk of volcanic activity, every effort that can be made to improve the…

The Conversation

Argentina's economic crisis: whoever wins presidential election is on a collision course with the IMF

Argentina is heading to the polls on October 22 for a presidential election dominated by another profound economic crisis. In September, annual inflation in Latin America’s third-largest economy hit 124%, its highest since 1991.

The Conversation

Nigeria's new blue economy ministry could harness marine resources - moving the focus away from oil

Nigeria’s President Bola Ahmed Tinubu announced a new ministerial portfolio in August: Marine and Blue Economy. This was welcome news as it renewed hope for economic development outside the oil sector. We asked marine sustainability and blue economy expert Isa Olalekan Elegbede to explain how the ministry could benefit Nigeria.

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The Independent UK

Cleverly warns Beijing that war with Taiwan would collapse Chinese economy

James Cleverly insisted the UK had influence with China because it had concerns about declining Western trade.

The Independent UK

Average UK house price £14,500 lower in September than a year earlier

Some experts suggested that the house price downturn may only have a few months left to run, amid wider developments in the economy.

Zenger

Kenya’s Economy Struggles With Rising Inflation And Depreciating Shilling

Inflation rates soar, fuel and food prices spike, as Kenya grapples with economic challenges.

France 24

Why hard-right libertarian Javier Milei wants to dollarise Argentina’s economy

Javier Milei, the "anarcho-capitalist" presidential candidate who took the lead in the August primaries with his "Liberty Advances" political coalition, owes much of his electoral success to his promise to dollarise the Argentine economy. Disoriented by hyperinflation and rising poverty, many Argentinians see the adoption of the US dollar as…

The Independent UK

Bank of Japan survey shows manufacturers optimistic about economy

Business sentiment among big Japanese manufacturers improved in July-September for the second straight quarter, according to a central bank survey

The Independent UK

Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted

Asian shares are mostly higher in thin trading with many markets closed for holidays

The Conversation

The road is long and time is short, but Australia's pace towards net zero is quickening

This article is part of a series by The Conversation, Getting to Zero, examining Australia’s energy transition.

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