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The Latest Breaking News from Economy

Truss pledges ‘immediate action’ on energy bills if she becomes PM

The Foreign Secretary has said she will be capable of making ‘difficult decisions’ as prime minister

The Independent UK

What is a sustainable economy?

It is important to move to a sustainable economy, but what does that look like?

The Canberra Times

‘Indian economy on a strong wicket’

Likely to continue its first quarter growth rate of 13.5% for the rest of the year: Finance Minister

The Hindu

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EU Commissioner says Europe well prepared if Russia keeps the gas turned off

EU Economy Commissioner Paolo Gentiloni said Saturday that the European Union was "well prepared" in the event of a total halt in Russian gas deliveries, thanks to storage capacity and energy-saving measures.

Radio France Internationale

Kansas governor lauds abortion vote but focuses on economy

Kansas' Democratic governor wasted little time after a decisive state vote in favor of abortion rights

The Independent UK

Indonesia hikes fuel prices by 30%, cuts energy subsidies

Fuel prices have increased by about 30% across Indonesia after the government reduced some of the costly subsidies that have kept inflation in Southeast Asia’s largest economy among the world’s lowest

The Independent UK

India overtakes U.K. to become fifth largest economy in the world

With India being the world's fastest growing major economy, its lead over the U.K. will widen in the next few years

The Hindu

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Liz Truss: Who is the foreign secretary hoping to become prime minister?

‘Human hand grenade’ seen by Tories as Johnson continuity candidate and ahead of Rishi Sunak throughout the race thanks to questionable tax promises and neo-Thatcherite branding

The Independent UK

New, long visa favours expats

Thailand now has in place measures to lure wealthy foreigners and professionals as part of an effort to boost the economy, Labour Minister Suchart Chomklin has said.

Bangkok Post

Why Are Stocks Tilting Bearish Once Again?

The S&P 500 (SPY) rallied 18% from the June lows til they hit a wall in mid August. At first it seemed the reason was simply hitting the resistance level at the 200 day moving average. But really, if we are being honest with ourselves, it is the reawakening to…

StockNews.com

EXPLAINER: 5 key takeaways from the August jobs report

The nation’s job market last month delivered just what the Federal Reserve and nervous investors hoped for: A Goldilocks-style hiring report

The Independent UK

Just a Pullback or Back in Full Bear Market Mode?

Since testing the 200-day moving average in mid-August, the S&P 500 (SPY) has been in liquidation mode. More importantly, we have retraced more than 50% of the advance that began in mid-June. Is this just a pullback? Or, are we back in bear market mode? This question will be the…

StockNews.com

India pips UK to become world's 5th biggest economy

NEW DELHI: India has pipped Britain to become the world’s fifth largest economy. The United Kingdom (UK) slipped to 6th place delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock.

The Times of India

Modi government more interested in pressing reset button for Opposition-ruled States, says Congress

Instead, it needed to chalk out a road map for the ‘reset of the economy’, says Gourav Vallabh

The Hindu

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Reuters

Explainer-Next UK leader to inherit an economy in a bind

Britain's next prime minister - who will be announced on Monday - will inherit an economy that is forecast to go into a long recession later this year with inflation at a 40-year high and limits on the options for getting growth going again.

The Independent UK

US economy added 315,000 jobs in August as unemployment rate rose slightly from half-century low

The government reported Friday that the economy added 315,000 jobs last month, down from 526,000 in July

Benzinga

Amazon And 2 Other Stocks Insiders Are Selling

The US economy added 315,000 payrolls in August. Investors, meanwhile, focused on some notable insider trades.

WEKU

The economy added 315,000 jobs, showcasing a labor market that is still strong

U.S. employers added 315,000 jobs in August, while the unemployment rate rose to 3.7% from 3.5% in July. A tight job market gives workers more bargaining power, but it may also fuel inflation.

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news in one place.

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The Guardian - US

US added 315,000 jobs in August as strong market defies signs of worsening economy

Numbers come as Jerome Powell says Federal Reserve intends to continue interest rate hikes to try to tamp down inflation

Evening Standard

‘Trust me to help deliver for London where Mayor has failed’

Liz Truss outlines how London would be transformed under her leadership

Asharq Al-Awsat

Saudi Arabia Seeks to Support Future Economies, Bridge Digital Divides

Eng. Abdullah Al-Swaha, Saudi Minister of Communications and Information Technology, said on Thursday the Kingdom has taken bold steps to support future economies and innovation. The minister revealed efforts to bridge the digital divide and to foster green energy projects in the northwestern NEOM region. He stressed that the Kingdom’s…

The National (Scotland)

A 'Union dividend'? Here's what this year's GERS figures actually mean

LAST week the Scottish Government released their yearly Government Expenditure and Revenue Scotland (GERS) report, the most intensely discussed set…

Evening Standard

Liz Truss: Let’s unleash the power of London

Exclusive: Liz Truss promises bold action to boost economy and tackle crime

Bangkok Post

Long-term visa applications officially open

The Board of Investment has officially begun accepting applications for long-term resident (LTR) visas for wealthy and high-potential foreigners who are expected to make big contributions to the economy.

Bangkok Post

Foreign investment to July up 65%

Approved foreign direct investment (FDI) rose 65% to 74 billion baht in the first seven months of the year, from the same period a year earlier, a government spokesman said on Friday, describing the trend as a sign of confidence in the economy.

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