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The Latest Breaking News from Economy

Interest rates forecast to continue rising

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.

Bangkok Post

Pure economic growth neglects many, privileges the few

A wellbeing economy places people and the planet at the centre of creating a healthier society.

360info

The economy doesn't have to only benefit the rich. Here is how

A transition to an economy that benefits everyone and the planet is not easy, but it can happen.

360info

From analysis to the latest developments in health,
read the most diverse news in one place.

Measuring happiness in Thailand has ties back to the late king

Measurements of happiness are often tied to culture. The sufficiency economy philosophy rooted in Thai policies is no exception.

360info

Six economic myths that wellbeing economies seek to address

The failures of free market fundamentalism and neoliberalism are based on a series of flawed economic assumptions. There is another way.

360info

Families in homes a step toward a better economy

A growing economy does not always mean a nation is doing well. Measuring wellbeing, and implementing policies to address that, fills that gap.

360info

Crude Inventories, Unemployment Claims and Other Key Things to Watch This Week

Markets breathed a sigh of relief last week as it appears the debt ceiling drama has come to an end (at least for now). Even with that behind us, there are still plenty of things to watch in the upcoming weeks

Barchart

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Can market veteran Simsek pull Turkey’s economy back from brink?

New finance minister is widely respected by foreign investors and known for his orthodox economic approach.

Al Jazeera

WTC: Take a look at top performers who took India to finals

India will be eyeing their first-ever ICC World Test Championship title when they lock horns with the mighty Australians in the final from June 7 onwards at The Oval, which also marks their second successive final in the tournament. Read further on Dynamite News:

Dynamite News

Why Americans are so negative about the economy

Americans are not happy with the economy. Which is weird, given that it is doing just fine.

Axios

With oil prices slumping, OPEC+ producers weigh more production cuts

The major oil-producing countries led by Saudi Arabia and Russia are deciding whether to make more cuts to the amount of crude they supply to the global economy

The Independent UK

Turkey’s President Erdogan announces new cabinet

An internationally respected former banker gets top economy job, powerful intelligence chief is named foreign minister.

Al Jazeera

Debt ceiling "Nothing to brag about"

"It was critical to reach an agreement and it's very good news for the American people," Biden said on Friday

Salon

Biden signs debt ceiling bill after hailing bipartisan deal with McCarthy and calling for unity

White House announced the private signing on Saturday afternoon

The Independent UK

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Manchester Evening News

The Gallows Pole: The real-life grisly story of the Cragg Vale Coiners

Directed by This Is England creator Shane Meadows, the biopic tells the tale of the deadly forgery gang who nearly sank the economy of 18th Century Britain

Bangkok Post

Biden signs debt ceiling bill into law, averting default

WASHINGTON - US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world's biggest economy.

Newsroom.co.nz

A little-discussed but significant AI danger

Jack Santa Barbara asks if we've created a 'doomsday machine' by bringing artificial intelligence to a growth economy.

Reuters

Kremlin: Western journalists won't get accreditation for Russian economic forum

The Kremlin said on Saturday that journalists from "unfriendly countries" would not be allowed into the St Petersburg International Economic Forum, which President Vladimir Putin has used to showcase the Russian economy to global investors.

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Reuters

Canada facing rising threat from cyberattacks - defence minister

Canadian Defence Minister Anita Anand said on Saturday that the country's critical infrastructure was increasingly being targeted by cyberattacks, posing a significant threat to the economy of the world's fourth-largest crude oil producer.

The Guardian - US

Biden praises passage of debt ceiling bill in Oval Office address ahead of signing it

President described how ‘no one got everything they wanted, but the American people got what they needed’ during brief speech

The Independent UK

Achieving independence has never been more important – Yousaf

An independent Scotland, the First Minister said, would be ‘built on the principles of a wellbeing economy’.

USAFacts

What is the Consumer Price Index, and what does it mean for the economy?

The CPI is a key indicator for the state of the economy.

Bangkok Post

Analysts anticipate more rate hikes

The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.

Chicago Sun-Times

US hiring jumped last month. So did unemployment. Here’s what that says about the economy.

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs. Yet there were some mixed messages in the jobs figures as the unemployment rate rose to 3.7%.

Kiplinger

Jobs Report Shows Hiring Surge in May: What the Experts Are Saying

A mixed jobs report should keep the Fed on track to pause its campaign of rate hikes.

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