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The UK economy contracted by 0.1% in April
Britain's economy contracted by 0.1 per cent in April as the Iran war began to take its toll. It is the first time since last August that the economy has contracted. The Office for National Statistics (ONS) said gross domestic product (GDP)…
What is GDP and how fast is the UK economy growing?
The UK economy shrank slightly in April, official figures show. The contraction comes after a better-than-expected start to the year for the economy, but experts expect the global impact of the US-Israeli war with Iran will mean growth could remain…
UK economy contracts as Iran war impact felt
The UK's economy contracted by 0.1% in April, according to the latest official figures, as the Iran war began to have an impact on businesses. The Office for National Statistics (ONS) said the fall - the first monthly contraction since August last…
UK economy contracts for first time since last August
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. Britain's economy contracted last month for…
Why the economics makes this the craziest world cup ever
Football World Cups are rarely completely politics-free but never has the beautiful game navigated a geopolitical high-wire act of this kind. The main host is at war with a participant, whose team must commute in on match days from another country.
China's stronger yuan may pose economic risks
June 11 (Asia Today) -- China's renminbi, also known as the yuan, has strengthened sharply in recent months as Beijing seeks to elevate the currency's global standing, but its rapid gains may create new risks for the Chinese economy. The yuan…
The U.S. Economy Wins If Europe Dominates The World Cup-Here's Why
To get the promised economic boom from the World Cup, the U.S. needs a last-minute influx of international soccer fans—but that's far easier for some countries to pull off than others thanks to visa rules. Soccer fans from England and…
UK economy shrinks following impact of Iran war
Britain's economy has contracted for the first time in eight months amid signs that the Iran war is beginning to take its toll on some sectors. The Office for National Statistics (ONS) said gross domestic product (GDP) declined by 0.1 per cent in…
BTS-mania poised to boost South Korea's economy well into the future
Tens of thousands of BTS fans will travel to Busan, South Korea, on Friday for the group's Arirang tour. The massive interest that BTS has gotten has prompted forecasts of their economic impact. While experts agree that the group could drive…
Musk and Saylor Test the Economics of Hype
SpaceX is finally joining the stock market on Friday and the hype machine has been in overdrive. Banks and brokers around the world have been plastering spaceships on their websites. More than $100 billion in orders have come in from retail…
Indonesia Shows How Ghosts Of 1997 Are Haunting Global Economy
If investors have learned one thing about Indonesia, it's that when Southeast Asia's largest economy makes global headlines, the news is rarely good. The classic case is 1997. The Asian financial crisis may have ignited in Thailand that July, but…
![koreatimes.co.kr - [ED] Economic rally should support youth employment](https://newsimg.koreatimes.co.kr/2026/06/12/41c11eb5-6f01-4a7d-8ff3-00a35f07dc71.jpg)
[ED] Economic rally should support youth employment
Despite the rally of semiconductor-led exports and the nation's bourses, the country's employment rate declined in May for the first time in 17 months, according to the Ministry of Data and Statistics. The number of employed people stood at 29.12…
UK economy shrinks for first time in eight months - here's why
Britain's economy contracted by 0.1 per cent in April, marking the first decline in eight months, following growth in March and February. The downturn was primarily driven by a 0.2 per cent fall in the services sector, particularly a 4.3 per cent…
UK economy shrunk 0.1% in April amid Iran War
THE UK economy shrunk by 0.1% in April amid fallout from the Iran War, official figures show. This follows growth of 0.3% in March and 0.4% in February, according to the Office for National Statistics. Your info will be used in accordance with our…
The World Cup will draw millions of fans, but economic payoff is modest
The 2026 World Cup, which kicks off today, will be held across three countries and 16 cities, making it the biggest sporting event ever and a commercial bonanza. The five-week soccer tournament is expected to engage around 6 billion people globally…
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