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Burnham to pledge 'circuit-breaker' for Britain in devolution and economy speech
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Labour leadership frontrunner Andy Burnham…
BIS warns 'pressure points' putting global economy at risk
The Bank for International Settlements warned Sunday of multiple “pressure points” in the global economy, from inflation fuelled by the Middle East war to fears of cooling AI investments, threatening financial stability. In its annual…
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…
Farm aid set to reach record as Washington deepens support for rural economy (S_1:COM:Commodity)
Federal aid is expected to boost farm income and stabilize farm finances for many producers under economic strain. Some economists argue aid distorts markets by encouraging continued overproduction despite low prices, reducing the incentive for…
Building the scaffolding for Africa's creative economy to thrive to the global stage
While discussions often centre on high-cost, tech-heavy industries, Africa's creative industries are quietly booming, offering millions of jobs for the continent's rapidly growing youth population. Discussions about Africa's economic growth usually…
Putin addresses party conference with vows on security economy and elections
Russian President Vladimir Putin addressed the convention of his ‘United Russia' political party in Moscow on Sunday and gave a sweeping speech that touched on national development, Western pressure, and global instability. The convention…
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…
Commentary: Embrace economic development
The hottest sector of the American economy right now is tech, with the increasing utilization of artificial intelligence and the development of data centers to support AI and the rest of our digital world. Data centers have been under development…
BIS warns 'pressure points' putting global economy at risk
In its annual report, published Sunday, the BIS -- considered the central bank of central banks -- called on monetary policy makers to 'act now', to help safeguard the stability of the global economy. BIS deputy general manager Andrea Maechler…
Everyday Economics: The consumer is still spending, but not out of the woods
(The Center Square) – Last month, inflation was still too high but some households got a little breathing room. In May 2026, the Federal Reserve's preferred inflation gauge, the PCE price index, was 4.1% higher than a year earlier –…
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:…
Global economy reshaped by war:top IMF economist
Strategic petroleum releases helped avert a sharper rise in oil prices as a result of the war in the Middle East, but the global economy faces significant downside risks if a fragile ceasefire between the US and Iran does not hold, IMF chief…
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