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The Latest Breaking News from Economy

After the Songkran celebrations peter out, Thais must contemplate the general election on May 14 and decide whether political parties' campaign pledges will really create a healthier economy.

Bangkok Post

Chartpattanakla touts 'Korat-nomics' policy

The Chartpattanakla Party on Monday proposed an economic development policy to stimulate the economy and bring growth to Nakhon Ratchasima and the northeastern region.

Bangkok Post

Writers Guild members grant strike authorization by record margin as contract deadline nears

LOS ANGELES — Leaders of the Writers Guild of America secured a strong showing of support from its members on Monday, moving the union closer to a possible work stoppage that would disrupt Hollywood production and ripple across Southern California’s economy.

Los Angeles Times

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Janet Yellen says the U.S. can avoid recession—and thanks the bank crisis

Last month's bank crisis could be a "substitute" for further interest rate hikes by the Fed that might trigger a recession.

Fortune

Merkel decorated with highest German honour amid reflection on tenure

Germany's former chancellor Angela Merkel was awarded the country's highest possible honour on Monday amid reflection on her 16-year tenure at the helm of Europe's biggest economy.

Reuters

Lagarde: US-China split may weaken growth and fuel inflation

The fragmentation of the world economy into rival blocs led by the United States and China threatens to destabilize global commerce, increase inflation and weaken growth, Christine Lagarde, the president of the European Central Bank, warned Monday

The Independent UK

Union chief in 'wellbeing economy catchphrase' warning to Scottish Government

THE Scottish Government’s commitment to building a “wellbeing economy” risks becoming a mere “catchphrase” if it fails to take concrete…

The National (Scotland)

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Australians face 50% hike in air fares to fly to Europe this year, data suggests

Thirst for ‘revenge’ travel after the Covid pandemic is driving return prices to almost $3,000 to some European cities, booking site says

The Guardian - AU

VisitEngland to reshape tourism in the South West through new partnership

VisitWest hopes to deliver stronger leadership and strategies for the region in order to boost tourism economy

Birmingham Post

3 of the Worst Stocks on Wall Street Right Now

The growing concerns about a potential recession, ongoing debt ceiling standoff, and predictions of prolonged high-interest rates might weigh on the US economy and stock market. Hence, it might be best to avoid fundamentally weak stocks CRISPR Therapeutics (CRSP), First Majestic Silver (AG), and McEwen Mining (MUX). Keep reading.

StockNews.com

Did the Reserve Bank's interest rate hikes put Australia's economy on a 'knife-edge'? A major consulting firm thinks so

A major consulting firm forecasts a "consumer recession" in 2023, warning hundreds of thousands of Australian households are bleeding cash every month.

ABC News

Orders picking up across the East Midlands according to company bosses as economy shows signs of strengthening

Survey finds levels of optimism across the region at its highest in over a year

Birmingham Post

Editorial: Don’t Blame China’s Jobless Youth Problem on the Surge in New Graduates

The source of the issue lies with the supply of jobs, which needs to be addressed by improving the economy, particularly the private sector

Caixin Global

Rishi Sunak blames UK economy woes on ‘anti-maths mindset’

The UK must end its “anti-maths mindset” to help grow the economy, Rishi Sunak said on Monday...

The National (Scotland)

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Tribune News Service

Haunted by insurrection, Lula is in a hurry to change Brazil

Late on the afternoon of Jan. 8, Luiz Inacio Lula da Silva stared out at Brazil’s ravaged capital from a third-floor balcony of the presidential palace and reflected on how his presidency had been upended.

The Independent UK

I gave Tories £100,000 says hotel boss, but it’d be a waste to give them any more

Sir Rocco Forte said there is no point giving any more money, as he accused the party of failing to grow the economy

The Guardian - UK

THG receives buyout proposal from private equity, FTSE 100 posts best run since December 2020 – as it happened

Rolling coverage of the latest economic and financial news, as UK’s blue-chip index heads for seventh day of gains in a row

Asharq Al-Awsat

Crown Prince Mohammed bin Salman Led ‘Difficult Missions’

In mid-January, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, said that Saudi Arabia had become a bright spot for the world and regional economies. Speaking at a session at the World Economic Forum (Davos), Georgieva explained that when she visited Saudi Arabia, she was incredibly impressed…

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The National (Scotland)

How having our own currency can help fuel indy Scotland’s wellbeing economy

IN this and future articles, the Scottish Currency Group outlines how an independent Scottish Government with its own

The Independent UK

Sunak condemns ‘anti-maths mindset’ as he announces review into teaching plan

Enhancing numeracy in England by teaching maths to the age of 18 will help grow the economy, the PM will argue in a speech on Monday.

Newcastle Herald

It's past time our economy got a chop-out

OPINION: It's fair share o'clock

France 24

Will Turkey’s inflation crisis damage Erdogan’s re-election chances?

A month before Turkey goes to the polls on May 14, the country’s inflation crisis is a major campaign theme as the six main opposition parties rally around Kemal Kilicdaroglu to create the strongest challenge yet to President Recep Tayyip Erdogan. But analysts say discontent with Erdogan’s economic management will…

WEKU

Biden bets big on bringing factories back to America, building on some Trump ideas

President Biden has embraced the idea of subsidies for key industries and measures to shut out Chinese competitors. Reviving manufacturing is a theme he's expected to run on in 2024.

Asharq Al-Awsat

World Bank: Peace Deal in Yemen Would Push Toward Sustainable Growth

The World Bank has revealed that in case a lasting truce or peace arises, the Yemeni economy could register more sustainable growth within months of the agreement.

Asharq Al-Awsat

China’s Economy Expected to Rebound as Zero-Covid Era Fades

China is expected to announce an economic rebound on Tuesday, when Beijing releases its first quarterly GDP figures since abolishing growth-sapping Covid restrictions late last year. The Asian giant's virus containment policy -- an unstinting regime of strict quarantines, mass testing and travel curbs -- strongly constrained normal economic activity…

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