Economy Industry News
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Wright defends waiving sanctions: 'It's not an economic lifeline for Russia'
Energy Secretary Chris Wright on Sunday backed President Trump's move to waive sanctions against Russia under a new legislation package, insisting that it is “not an economic lifeline” for Russia. “This is an incentive to…
Why Huye's economic potential remains largely untapped
Huye has many of the ingredients needed for a thriving local economy: a large student population, fertile agricultural land, cultural and tourism attractions, a growing industrial base and proximity to regional markets. Yet much of that potential…
Soaring AI companies create lopsided US economy
Experts warn AI's dominance of the US stock market is creating risks all of its own. At last month's White House AI Summit, some of the richest individuals on earth were clustered around US President Donald Trump. Each of them had built their…
Australia's productivity problem may be overstated as services dominate economy
Australia's long-running productivity crisis is coming under fresh scrutiny as economists question whether conventional statistics are accurately measuring improvements across a services-dominated economy. More than 60% of Australian economic…
The cost of putting off an economic reckoning is looming
Procrastination. As your correspondent can attest, it's an easy trap to fall into. Prioritise another task to avoid something more difficult or unpleasant, even though you know you'll eventually need to do the thing you've been putting off, and it…
Israeli economists: Settlement push, Jewish terror pose severe risk to economy
West Bank settlement expansion and rising Jewish terror against Palestinians could expose Israel to sweeping international sanctions, deepen its economic isolation, and drive up the cost of living for all Israelis, a group of 61 senior economists…
Australia's workforce is looking at companies at the heart of WA's economy to act on climate change
You have reached your maximum number of saved items. Remove items from your saved list to add more. You've used all of your gift articles. 3 more will become available on the 1st of every month. In Western Australia, the climate transition is not…
Bernie Sanders admits Democrats failed working-class voters on economics, driving them to Donald Trump
Sen. Bernie Sanders, I-Vt., acknowledged on Saturday that Democrats failed working-class Americans economically, contributing to voters abandoning the party for President Donald Trump. When asked during an interview on MS NOW what exactly Democrats…
The Political Economy of the Restaurant
English food does not have a good reputation. In 1806, Grimod de La Reynière, a pioneering French food critic, wrote that “[England's] cooking is limited to boiled chickens.” More than two hundred years later, stereotypes about…
Energy secretary defends waiving sanctions on Russia: 'It's not an economic lifeline
Energy Secretary Chris Wright on Sunday defended President Donald Trump's decision to waive new sanctions and tariffs meant to pressure President Vladimir Putin, asserting that the exemption was not an “economic lifeline” for Russia.
Housing crisis is threatening Bristol's economy, business leaders warn
Bristol's ever-spiralling housing crisis is affecting the city's ability to ‘flourish' and is the ‘biggest threat' to its continued economic growth - that's the dire warning sounded by Bristol's business leaders, who have called for…
Economists: Jewish terror will severely damage economy
The Economists' Forum, which includes senior economists from the former public sector and academia, released a letter today (Sunday) warning of significant damage to the Israeli economy in the event of European sanctions. The letter also highlights…
Trump paused Russia sanctions to 'sort of analyse' the economic impact, Rubio says
US SECRETARY OF State Marco Rubio said that President Donald Trump's waiver of sweeping sanctions and tariffs on Russia would be a 60-day pause to “analyse” their impact on the global economy. “The president wants to take the…
How commodity volatility is changing the economics of global retail expansion in India
India's retail landscape has been evolving rapidly, with international brands entering new cities, established retailers expanding their footprint and consumers becoming more comfortable with global formats, products and experiences. As brands look…
IMF Backs S. Korea's Policy Mix, Supports Future Response Fund
Photo: Finance Ministry / Yonhap The International Monetary Fund has endorsed the South Korean government's mix of fiscal and monetary policies, including its plan to establish a Future Response Fund. The Ministry of Economy and Finance said Sunday…
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