Economy Industry News
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Why an Iran war inflation shock could wreck global economic recovery
An inflation shock triggered by the US-Israel attack on Iran could wreck a fragile global economic recovery that had been expected to gain momentum this year. With oil and gas prices spiking, despite a pledge from Donald Trump to protect tankers…
The 'economic heroes' driving Indonesia
Our digitised version of the FT newspaper, for easy reading on any device. FT Digital Edition: our digitised print edition Global news & analysis Expert opinion Translate instantly to 26 languages Lex: FT's flagship investment column FT Magazines…
Economic Watch: Global observers call China's economic growth target proactive, pragmatic
BEIJING, March 8 (Xinhua) -- As 2026 marks the opening year of China's 15th Five-Year Plan period, the country's economic outlook is drawing close global attention. The government work report submitted Thursday to the National People's Congress…
Spike in oil prices triggers talk of an economic doomsday scenario
U.S. and global benchmark prices on Friday tallied their largest weekly gains on record. Another week like that would lift prices very close to their all-time highs — and invite talk of an economic doomsday. The price of oil can have…
Opinion | Why Hong Kong must make mental health an immediate economic priority
Hong Kong's new budget is positioned to foster high-quality, inclusive growth through innovation and finance. Ahead of projections, a surplus of HK$2.9 billion (US$370.8 million) is now expected, largely due to the stronger-than-expected stock…
Trump shouldn't ease Russia sanctions - they are choking its economy
Donald Trump handed Vladimir Putin a financial lifeline last week when he waived a ban on India buying Russian oil for 30 days. Trump found himself in a furious row last year with Narendra Modi over his country's oil deals with Moscow, only for…
Editorial: Fuel price shock amid Gulf conflict exposes structural flaws in Pakistan's economic management
Pakistanis have felt the first direct economic tremor of the escalating confrontation between the US-Israel combine and Iran, where it hurts the most: at the petrol pump. The government's decision to increase petrol and diesel prices by Rs55 per…
Germany Is Now Officially A Planned Economy
Germany's push for a social-ecological market economy rests on far-reaching state interventions in energy and industry, including a government-driven hydrogen strategy. In a recent report Germany's Federal Audit Office explicitly describes the…
Lee to preside over emergency economic meeting on Middle East tensions
President Lee Jae Myung will preside over an emergency meeting with related ministries on Monday to review the economic impact from heightened tensions in the Middle East and discuss response measures, Cheong Wa Dae said Sunday. The meeting will…
Is Putin About To Deal His Long-Awaited Deathblow To The EU Economy
He just ordered that some of Russia's LNG exports to the EU be redirected to Asia, and if the EU doesn't coerce Zelensky into giving him giving him more of what he wants in Ukraine, then there'd be no reason for him to not cut off Russia's exports…
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Middle Class in Crisis Struggling to Afford Kids, Marriage, or a Car in the New Economy
Geography now defines middle-class life as much as income does. Shrinking middle class numbers reveal deeper shifts in how Americans define stability. Budgeting realistically, diversifying income, and controlling lifestyle inflation are keys to…
India's economy is booming, but uneven growth clouds ascent
But over the past decade they have given way to centres that allow firms to tap top-tier talent and technology, where white-collar staff perform tasks ranging from IT and data analytics to innovation and design. Today, these centres are the…
Last Week at Economy Class and Beyond (7th March) - Economy Class & Beyond
It's been a turbulent first week of March with a lot of external factors changing the face of air travel. Nonetheless, we've made it to Saturday, so it must be time for Last Week at Economy Class and Beyond. Out of the darkness and into the light…
Charting the Global Economy: Oil Prices Top $90 on Iran War
US oil prices posted the biggest weekly gain on record as the war in Iran upends critical energy market flows, with shipping through the Strait of Hormuz grinding to a virtual halt. With no sign of a let-up in hostilities, Goldman Sachs Group Inc.
Mideast War Test for India's Strategy, Economic Strength
The US-Israeli strikes against Iran, besides being another regional flare-up, have come as a systemic shock to the Eurasian geopolitical and economic architecture. For New Delhi, the crisis lands with the force of a perfect storm, testing its…
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