The Latest Breaking News from GDP

While Stage 3 tax cuts are good for the top four percent of income earners, they literally give nothing for those earning below $45,000.

As the five economies in mainland Southeast Asia re-emerge from the Covid-19 pandemic, their prospects for recovery and return to growth and development appear challenged, characterised by deteriorating balance of payments, fiscal weaknesses, currency depreciations, and rising inflation amidst global monetary tightening and recession risks.

THE risk of a recession has risen after the UK’s economy shrank in August as factories and consumer services firms struggled, according to…

UK government bond selloff continues, pushing 20-year gilt yield to 20-year high, as BOE reiterates bond-buying programme will end on Friday; UK economy on brink of recession

The PM’s vision of growth is part of the class war that is transferring power from Britain’s poorest people to its richest, says Guardian columnist George Monbiot

Policy-making at all levels has to become more inclusive and less dominated by the powerful and the wealthy, while a paradigm shift is needed in problem solving at global and national levels

Revenue boost will aid budget repair as ‘storm clouds’ loom over economy, Deloitte predicts

Incomes have stalled while the rich get richer. It’s clear the obsession with GDP has to change, says the University of Sheffield’s Michael Jacobs

Ghana is struggling with managing its debt, 20-year high inflation, a weak currency, and rising inequality. For example, inflation rose to 33.9% in August 2022 from 9.7% a year earlier, while the cedi has depreciated by 41% year-to-date against the US dollar. These vulnerabilities have been worsened by the aftershocks…