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Japan squeezed between economic and social demands
Japan is feeling a tightening squeeze between competing economic and social concerns. Economic dynamism, daily activity and social security solvency require a robust and growing labor force. The country's demographic profile means that substantial…
Drinking dries up amid tough US economy
Alcohol consumption might be in decline due to a cocktail of reasons, so to speak. There are affordability issues keeping people from splurging at their favorite bars, particularly as the economy slackens in President Donald Trump's second term…
How Peter Magyar's Hungary can become an economic powerhouse
Hungarian financial markets have welcomed Peter Magyar's Tisza Party victory over Viktor Orban. This historic moment could mark the beginning of a post-Orban economic boom. But only if the new leadership capitalizes on it. Hungary's road map to…
China, Russia ties driving N. Korean economic recovery: Seoul
North Korea's economy is showing signs of recovery as Pyongyang deepens trade and diplomatic ties with Russia and China, South Korea's unification ministry said in a report sent to AFP on Friday. SCROLL TO CONTINUE WITH CONTENT Rigid socialist…
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…
Strait of Hormuz blockade hurts Iran's economy, threatens to spike energy prices
The U.S. blockade on the Strait of Hormuz has effectively shut down trade to and from Iran's ports, cutting off an estimated 90 percent of the Middle Eastern country's economy as the Trump administration looks to get Tehran back to the negotiating…
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…
Gas Prices Undercut Trump's Sunny Economic Message
I'm Jonathan Tamari, senior Washington reporter for Bloomberg Government, and each weekday I'll be coming to you with inside-the-room reporting and insights that reveal what's really happening in Washington—and how it impacts you. Email me…
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…
Planet Money Turned Everyday Annoyances Into an Economics Book
There are a lot of things to be annoyed about in modern life. The high cost of food and housing and childcare. Dating apps that don't seem to work. The fear of AI replacing you at your job. These are all common complaints and concerns, and each of…
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…
Israel's central bank chief pins hopes on peace as economic shock looms
Israel's central bank governor hopes the country can quickly rebound from a hit to economic growth caused by wars in Iran and Lebanon. Amir Yaron acknowledged there is 'huge uncertainty' around the situation in the Middle East, as Israel and…
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…
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