Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Market corrections, bond yields, war: 'Dr. Doom' Nouriel Roubini flags 4 risks to the US economy
Dr. Doom sounds more like Dr. Boom these days, but Nouriel Roubini still sees plenty of risks looming over the US economy. The economist, who's often referred to as ' Dr. Doom ' for his bombastic and frequently bearish predictions in markets, laid…
UK economy expected to have dipped in July despite World Cup boost
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 is likely to have shrunk slightly in July…
Numbers show two sides of the economy
As summer comes to a close, it's evident that economic growth and job growth are increasingly telling two different stories. The U.S. economy continued to moderately expand with a 1.5% annualized growth rate in the second quarter. But employment…
Why Washington's $40 trillion debt differs from major economies
The U.S. is different than countries such as France, Great Britain, and Canada because its economy is bigger and healthier, Dr. Allen Mendenhall said. The world relies on the dollar as the dominant global reserve currency, and Washington's debt…
UK economy likely to have shrunk in July as retail sales dip and energy bills soar
Economists have warned that the UK economy is likely to have experienced a slight dip in July due to pressure from sluggish retail activity and higher energy costs for households. Analytic teams at Investec and Pantheon Macroeconomics predict that…
Turkey Targets 5% Economic Growth by 2029
Turkey has unveiled its new medium-term economic program, setting ambitious targets for economic growth, inflation, unemployment and the budget deficit through 2029. Vice President Cevdet Yilmaz announced the government's latest economic…
Iran warns of 'more painful' response to U.S. attacks as economic pressure mounts
Iranian parliament speaker Mohammad Bagher Ghalibaf warned that future attacks on Iran would receive a “faster, heavier, and more painful” response. U.S. Central Command said American forces struck three Iranian crude carriers after…
Iran Vows Tougher Response as US Sanctions Squeeze Economy
Iran has pledged to intensify efforts to counter the economic impact of U.S. sanctions while warning Washington that any further attacks will trigger a faster and more severe military response. Six months after U.S.-Israeli strikes on Iran…
The economy, its math and politics
In doing so, Garg did something egregious. He definitely knows better than this, having played a key role in pushing through some of the most controversial agendas in the first term of the Narendra Modi government such as electoral bonds for…
South Africa's chrome riches fuel a deadly underground economy
Rustenburg, South Africa – On August 13, a wall of soil collapsed and killed 14 miners, most of whom were believed to be undocumented migrants, at a disused mining site near Nkaneng, an informal settlement outside Rustenburg in South…
How Tourism Can Save Nepal's Economy As It Recovers From Devastating Floods
In Nepal, tourism is far more than a leisure sector. Summary is AI-generated, newsroom-reviewed Tourism contributes about 7% of Nepal's GDP and supports about a million jobs Experts stress tourism's role in economic recovery and rural stability…
Iran's economy may fuel popular uprising within nine months, expert says
Brig.-Gen. (res.) Prof. Jacob Nagel estimates that six to nine months of sustained economic pressure could create the conditions for an effective popular uprising in Iran during an interview with 103fm. Nagel, a senior fellow at the Foundation for…
Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him
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Iran to tackle economic issues, says further attacks will be 'more painful
DUBAI, Sept 6 - Iran said it will step up efforts to tackle problems created by the U.S. sanctions that are crippling its economy, while a senior Iranian official warned of a 'painful response' if it comes under further attack. Six months after…
LeBron James partners with Polymarket as latest athlete to enter prediction market space
LeBron James joined a growing list of athletes teaming up with prediction market services Saturday, announcing a forthcoming partnership with Polymarket via social media. The Philadelphia 76ers star and future Hall of Famer's partnership follows in…
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