Economy Industry News
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Burnham set to announce economic vision for the country in first major speech
Andy Burnham is set to outline his economic agenda in his first major speech since returning to Westminster, as prepares to become prime minister in the weeks ahead. The former mayor of Manchester, who will almost certainly replace Sir Keir Starmer…
Debt, AI boom and economic fragilities raise global risks, BIS says
Debt strains, inflation, AI uncertainty and financial vulnerabilities pose pressures for the global economy, the Bank for International Settlements says. Higher inflation expectations could become entrenched despite an Iran ceasefire, BIS says in a…
Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy | Heather Stewart
Anyone attempting to notch up a productive day's work in the searing heat of southern England this last week was left in little doubt about the impact of extreme weather. But the economic effects of the climate crisis for the UK are not confined to…
GT investigates: As pillars of US economic hegemony continue to loosen, how much longer can American economic dominance endure?
People line up to receive food for furloughed federal workers in Maryland, the US, on October 21, 2025. Photo: VCG For the US, which is about to celebrate its 250th birthday, the atmosphere this year is far from celebratory. The smoke of the war…
Blaming migrants ignores the real causes of South Africa's economic crisis
The emergence of the March and March movement, calls for the mass deportation of undocumented migrants by 30 June 2026, growing anti-immigrant violence, and the repatriation of foreign nationals by several African governments have pushed…
Taiwan's tense relationship with Eswatini raises concerns about economic gain and sovereignty
The Kingdom of Eswatini's ties with Taiwan raise questions about the fundamentals of diplomacy and foreign relations with regard to Eswatini's national interest and respect for the national sovereignty of other states, says the writer. Image:…
Blaming migrants ignores the real causes of South Africa's economic crisis
South Africa is in the midst of its most significant anti-immigrant mobilisation in years. The emergence of the March and March movement, calls for the mass deportation of undocumented migrants by 30 June 2026, growing anti-immigrant violence, and…
Iran war strains economy reliant on foreign help | Arkansas Democrat Gazette
Steve Geoffrey, one of roughly 30 million foreign nationals in the Middle East, considers himself lucky to still be able to support his family in Kenya. The 38-year-old, who works for a hospitality firm in the Qatari capital of Doha, sends about…
UAE transforms bankruptcy into a tool for recovery and economic stability
Abu Dhabi: The UAE has significantly transformed its approach to bankruptcy, moving away from the traditional perception of default and failure towards a modern framework focused on recovery, regulation and economic sustainability, according to the…
LA delays $30 'Olympic wage' until after games as hotel owners warn of layoffs, economic fallout
Los Angeles officials have delayed implementation of a controversial plan to raise the minimum wage for hotel and airport workers to $30 an hour after the hospitality industry warned the mandate could result in layoffs, reduced hiring and increased…
From the Opinions Editor: Economic troubles have eased, but foundations for long-term growth are still missing
Over the past few days, two mega IPOs have been announced – Reliance Jio and NSE. Both these companies are in the services sector. This is not exceptional. Seven of the 10 largest recent IPOs have been from firms in financial, retail or…
From globalisation to fragmentation: the evolving economic reality
By Andreas Charalambous and Omiros Pissarides For decades, the trajectory of the global economy was built on the deepening of trade and other cross‑border linkages. Trade barriers were declining, supply chains were expanding across the…
Stock Market Outlook Hinges On AI Earnings And Fed Rate Risks
The second-half stock market outlook depends on whether AI earnings strength can offset inflation, Federal Reserve rate risks, oil uncertainty, and elevated valuations. As the clock ticks toward the middle of the calendar year, another bout of…
How the Earthquakes Reshape Venezuela's Economic Future | Caracas Chronicles
Originally published in Spanish on Asdrúbal's personal Substack There are weeks that change a government. And there are weeks that change a country. This is one of them. Until just a few days ago, the economic debate regarding Venezuela…
Coventry set for huge economic boost after Sky Blues' Premier League promotion
Coventry is expected to see a huge economic boost from Sky Blues' promotion to the Premier League. It's set to bring benefits to the city and wider region across hospitality, retail and tourism, with Premier League fixtures placing Coventry on a…
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