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UK economy was flatlining BEFORE Middle East crisis erupted
The British economy was flatlining even before the Middle East crisis erupted, grim figures revealed today. Official figures showed GDP did not grow at all in January, in another blow to Rachel Reeves. Although UK plc eked remained slightly in the…
UK economy failed to grow in January, figures show
The UK economy failed to grow in January, the latest official figures show. The zero growth for the month was weaker than had been expected, and followed growth of 0.1% in December. The Office for National Statistics (ONS), which released the GDP…
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Understanding Inflation: Types, Causes, and Economic Impacts
Stagflation occurs with high inflation, slow growth, and high unemployment. Hyperinflation can devastate economies, as shown in 1920s Germany. Deflation leads to unemployment due to cost cutting by businesses. Monetarists attribute inflation to…
UK economy stagnated in January with no growth in GDP - business live
Newflash: The UK economy stagnated in January, stumbling even before the Iranian war drove up energy prices. The Office for National Statistics reports that UK GDP was unchanged in January, dashing hopes of 0.2% growth. Monthly GDP showed no…
Industrial Shares Declined as War Threatens Economic Output -- Industrials Roundup
Shares of industrial and transportation companies fell as the war in Iran looks unlikely to end soon, threatening global growth. Palantir and GE Aerospace announced a multi-year partnership expansion to speed-up military aviation readiness for the…
Can AI help China cushion economic fallout from its rapidly ageing population?
Declining fertility rates have long been viewed as a drag on economic growth, but the outlook may not be entirely bleak for Asian economies such as China, South Korea and Japan, analysts said. Demographic pressure was accelerating investment in…
What is the economy telling us about the midterms?
Reading the economy's signals can often be bewildering, especially in an election year. Consumer sentiment is down, but economic statistics remain relatively strong. The stock market is regularly reaching new all-time highs. What is America to make…
UK economy flatlined in month before Iran war hit global energy prices
The UK economy entered the Middle East crisis after a weak start to the year, according to official figures showing flatlining January output before the US-Israel war on Iran hit global energy prices. Figures from the Office for National Statistics…
Who Cares If AI Brings Down the Economy?
The tech billionaire Hemant Taneja admits that AI is a bubble. In fact, he welcomes it: “Bubbles are good,” Taneja, the CEO of General Catalyst, a venture-capital firm, told me in an email. If AI comes crashing down, it will lead to…
Everything is a political weapon since Trump's re-election, says Germany's ex-economy minister
The weaponisation of energy when Russia invaded Ukraine has given way to “weaponising everything” since Donald Trump returned to the White House, Germany's former economy minister has said. Robert Habeck, the Green politician…
Iran Says It's Ready to Destroy the Global Economy
Can't-miss innovations from the bleeding edge of science and tech If the Trump administration was expecting it'd quickly wrap up its “ little excursion ” in Iran like in a repeat of Venezuela, geopolitical reality had different ideas.
Resilient economy keeps Malaysia competitive for investment, says Amir Hamzah
PUTRAJAYA: Despite global uncertainties and geopolitical challenges arising from the ongoing conflict in the Middle East, Malaysia is well positioned to continue growing and attract investment, says Datuk Seri Amir Hamzah Azizan. The Finance…
Govt strives to save 'hard-earned' economic stability
• Aurangzeb tells lawmakers he is engaged with IMF, friendly partners on reforms • Defends banking restrictions to avoid FATF grey list risk ISLAMABAD: As senators bemoaned ‘surveillance' of parliamentarians and their families…
The Growing Economic Risks of the Iran War
This is an edition of the What's News newsletter, which helps you catch up on the headlines and understand the news, free in your inbox daily. If you're not subscribed, sign up here. U.S. stock indexes tumbled today, after it became clear to…
KDI Warns Oil Surge Poses Risks to S. Korean Economy
A state-run think tank believes that a surge in oil prices due to the war in Iran may put downward pressure on South Korea's economic recovery. In its Monthly Economic Trends report released Thursday, the Korea Development Institute wrote that…
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