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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…
Mark Carney's economic plan has medium-term goals, but we need affordability now
Please log in to bookmark this story. Create Free Account Prime Minister Mark Carney's economic agenda is centred on making Canada more productive, resilient and prosperous through major investments in housing, infrastructure, defence and…
Rachel Reeves blames Iran war as UK economy shrinks in April
Chancellor Rachel Reeves blamed the fall-out from the Middle East war as figures revealed the UK economy went into reverse in April. The Office for National Statistics said gross domestic product - the value of everything the country churns out -…
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…
AI has boosted the US economy. Why isn't it doing the same for China?
Unlike the US, artificial intelligence (AI) may not be a panacea for China's economy amid its deep property crisis, as the technology can further widen the country's economic bifurcation, an economist said. “AI isn't boosting China's economy…
Why a bleak poll on Russia's economy spells bad news for Putin
Russian citizens are growing increasingly critical of Putin's economic policies, new polling has found, as Ukrainian attacks and European sanctions continue to squeeze Moscow's finances. Poorer Russians tend to be more critical of economic…
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…
Trump Delivers Big New Economic Boost to Pacific Fishing Communities
On Thursday, President Trump delivered a significant win for America's commercial fishing industry, signing a proclamation that rolled back a bunch of Biden-era restrictions on commercial fishing in the Pacific. The proclamation is titled '…
Europe is blaming China's economic rise for its own failures, think tank says
As the European Union prepares tougher measures to counter what it sees as the “China shock 2.0”, a researcher with a Beijing-linked think tank has accused Brussels of clinging to a flawed narrative that China's economic rise is an…
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