Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
A Pillar of the Economics Establishment Admits That It Was Wrong
How does a country get rich? For decades, the economics establishment generally agreed on a simple answer: Embrace free markets and avoid “industrial policy”—state-led efforts to shape what an economy produces—at all…
Cuts to overseas aid will worsen shocks to global economy, David Miliband says
Cuts to overseas aid by countries including the US and the UK risk stoking global economic instability amid the humanitarian crisis resulting from the Iran war, David Miliband has said. The former British foreign secretary and head of the…
Chilean government offers reforms package to revive economy
SANTIAGO-Chile, April 16 (UPI) -- Chilean President José Antonio Kast announced a package of more than 40 measures aimed at breaking the country's economic stagnation and restoring stronger growth. In a nationally televised address Wednesday…
2028 candidates will face a new kind of economic anger
Election after election, Democratic strategist James Carville's maxim, “It's the economy, stupid!” has held true. But in coming political campaigns, candidates will encounter an especially virulent strain of economic…
Wrexham's Hollywood takeover fuels economic boom
Wrexham's fairytale rise since a takeover by Hollywood actors Ryan Reynolds and Rob McElhenney has not been limited to on-pitch success as a wave of new fans from around the globe has fuelled an economic boom in north Wales. Just over five years…
How inflation is reshaping the economics of pet ownership
Just about everyone is feeling the effects of inflation right now. There's a good reason for that: From February 2023 through 2026, the inflation rate has outpaced the Federal Reserve's preferred 2% by as much as three times. And pet owners have…
War-torn global economy needs IMF emergency assistance
The U.S. and Israeli war on Iran has caused one of the greatest supply shocks in “global energy market history,” according to an April 1 joint statement by the International Energy Agency, the International Monetary Fund and the World…
Trump's Iran war threatens to torpedo London's economic uplift, warn business chiefs
Business confidence in London rose in the first three months of the year but Donald Trump's war is putting “at risk” the capital's economic momentum, says bosses. Around half of firms, 48%, had been anticipating a growth in turnover…
Vermont needs our visitors'; Tourism Economy Day highlights industry's economic impact
Tourism Economy Day at State House highlights industry's economic impact Thursday at the State House, Vermont's tourism industry took center stage for Tourism Economy Day. LAUREN GRANADA WILL BE THERE... BRINGING YOU ALL THE EXCITEMENT IN BOSTON.
Malaysia's Economy Grew at Slower Pace in First Quarter, Advance Estimates Show
Gross domestic product expanded 5.3% on year in the first quarter of 2026, the Department of Statistics said Friday, citing advance estimates. The reading was below expectations of 5.65% growth in a The Wall Street Journal poll of eight economists…
Fed's Williams: Middle East Conflict Has Added to Economic Risks
Speaking in Midtown Manhattan on Thursday morning, Williams said the Iran war has presented the economy with new and unpredictable challenges. Its effects could resolve later this year if supply disruptions in the energy market resolve relatively…
An Acid Test for the Global Economy
To see how the fallout from the Iran war is spreading, check out how much Robert Friedland is charging for sulfuric acid these days. His company, Ivanhoe Mines, recently opened Africa's biggest copper smelter in the Democratic Republic of the…
Malaysia's GDP Grows 5.3% as War Starts to Strain Economy
Malaysia's economy expanded at a slower-than-expected pace in the first quarter as the Middle East conflict began to weigh on the nation's major industries, including manufacturing and services. Gross domestic product rose 5.3% in the January-March…
UK economy grew faster than expected in February ahead of Iran war
The UK economy saw its biggest monthly rise in February in more than two years, official figures show. The Office for National Statistics (ONS) said the economy grew by a faster-than-expected 0.5%, while it revised its estimate for January up to…
UK economic growth in February better than forecast before Iran war
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK economy grew at its fastest pace for more than two…
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