Economy Industry News
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Russia's economy is 'sputtering,' and Putin's wartime spending model has pushed the country to an 'economic, political, and military abyss'
For years, Vladimir Putin has had a convincing rebuttal to anyone who thought Western sanctions would bring his country to its knees. In the four years since Russia invaded Ukraine, GDP has stayed mostly in the green, its unemployment rate has…
Would you spot the signs of economic abuse?
On Friday 3rd July, presenter Kev Duala joined Morning Live to discuss the issue of economic abuse, and the latest research and statistics on the subject. As part of this, Kev discussed the data from the charity Surviving Economic Abuse, which was…
Organized crime is building an AI hardware cargo theft economy: 'The economics have become just crazy from the criminal opportunistic perspective'
With the data center boom projected to swell into a $7 trillion market by the end of the decade, organized criminals are centering on a particular shadow economy: hijacking AI supply chains and selling their spoils on the foreign black market for a…
Merryn Talks Money: What Is 'Manchesterism'- And Will It Boost Britain's Economy?
Merryn Somerset Webb and John Stepek are joined by Cavendish's Roger Lee to unpack Andy Burnham's North Star of 'Manchesterism' and what it could mean for the UK economy, markets, and investors. They debate whether devolving more power to the…
Paraguay's economic rise and what it means for the Southern Cone
July 2 (UPI) -- Paraguay is not a country that typically commands regional headlines. Landlocked, sparsely populated and long dependent on a narrow export base, it has spent decades on the margins of South America's economic conversation. That…
America's $31 Trillion Economy By State
As the United States approaches its 250th anniversary in 2026, its economy has grown to nearly $31 trillion, making it the world's largest by a wide margin. Using the latest estimates from the U.S. Bureau of Economic Analysis (BEA), this…
Watch India, Japan Agree to Deepen Economic Ties
India, Japan Agree to Deepen Economic Ties India and Japan have agreed to deepen cooperation on energy, technology, and defense during Japanese Prime Minister Sanae Takaichi's first official visit to New Delhi. Former Indian Ambassador to Japan…
4 Unsustainable Trends Driving The U.S. Economy
The U.S. market is highly bifurcated, with megacap tech stocks like NVIDIA driving most of the equity gains since late 2022. Core economic drivers—consumer savings, debt, fiscal deficits, and AI-driven tech spending—are unsustainable…
The pragmatic pivot: Economic interdependence anchors HK-EU ties amid geopolitical tensions
Despite the visible diplomatic friction between Hong Kong and the European Union following the political transitions of 2019, the subsequent implementation of the National Security Law, and that of the recent Safeguarding National Security…
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An A.I.-Generated Alexander Hamilton Chats About Economics at the Museum of American Finance, Opening This Weekend in Boston
They say money talks. If true, then the Museum of American Finance, opening July 3 at Boston's Commonwealth Pier, is giving money a microphone. The museum, which is free for visitors, aims to make the story of America's financial systems both…
As Go The Peace Talks, So Goes The Economy.
Before establishing The Stuyvesant Square Consultancy, J.G. Collins spent some 30 years building a career in executive and consulting financial roles, with a particular emphasis in business taxation. His experience spans work for Fortune 100…
The need of the hour is political and economic independence
Illusions, by their nature, shatter with a loud crash. For the State of Israel, that shattering came in its most scarring form on October 7. For decades, since the cheerful days of Oslo, we were told about a 'new Middle East,' about the end of the…
Economy adds 57,000 jobs in June, fewer than expected
The economy fell short of expectations in June, adding 57,000 jobs, fewer than most economists had expected. Despite that, the unemployment rate fell one-tenth of a percentage point to at 4.2%, the Bureau of Labor Statistics reported Thursday. The…
Andy Burnham embarrassed as 'tax plans' shredded by bankers - 'economically disastrous'
Senior bankers have launched a fierce assault on proposals for higher taxes on the financial services industry. They warn that any raid to fund winter support for struggling households would amount to “economic suicide” and leave…
A Short Economic History of the United States
The Declaration of Independence, which founded the United States as an independent nation, was written in 1776—the same year that Adam Smith published The Wealth of Nations, the most prominent early treatise on international capitalism.
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