Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Economy amidst conflicts
Confronted by escalating tensions in the Middle East and repeated disruptions to shipping through the Strait of Hormuz, Pakistan has begun taking concrete steps to establish its first-ever Strategic Petroleum Reserves (SPR). The country currently…
The Palestinian economy is struggling. In the West Bank, the problem is too much cash
Picture this: A gas station customer pulls out a wad of bills to pay for a fill-up. The cashier refuses the money, explaining that the station's bank has stopped accepting notes and coins as deposits because it already is drowning in cash. In most…
US economy cannot grow without renewables
CHARLOTTESVILLE, VIRGINIA — After the 9/11 terrorist attacks, US President George W. Bush called on Americans to go shopping. While some people claimed at the time that Bush was encouraging irresponsible spending (a criticism that gained…
China did not qualify for the World Cup. It may have won in economic terms
As Spain and Argentina prepare to go head to head in the World Cup final, China may have already claimed the tournament's main economic prize without stepping onto the pitch. This year's World Cup has generated a substantial windfall for many…
Korea to leverage economic network to address trade risks: finance minister
Korea will leverage its existing economic cooperation network built through summit diplomacy to address lingering uncertainties in the global trade environment, including geopolitical tensions in the Middle East, the finance ministry said Monday.
The Palestinian economy is struggling. In the West Bank, the problem is too much cash
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The Palestinian economy is struggling. In the West Bank, the problem is too much cash
RAMALLAH, West Bank (AP) — Picture this: A gas station customer pulls out a wad of bills to pay for a fill-up. The cashier refuses the money, explaining that the station's bank has stopped accepting notes and coins as deposits because it…
Economic pressures fuel 'mom-obsessed' trend among Korean youth
There was a time when being called a 'mama's boy' or 'mama's girl' in Korea was an insult. Now, millions of young Koreans are voluntarily claiming a similar label and wearing it as a badge of honor. The term “eommisae,” referring to…
Why autocracies get more repressive when opening their economies
The current state of democracy in the world is fragile. According to the V-Dem Project, which measures global democracy, 41% of the world's population live in autocratizing countries — that is, those becoming more authoritarian. In fact, a…
Clash of Titans to Cap World Cup Hailed as NYC Economic Success
Lionel Messi's Argentina will face off against European champions Spain in the World Cup final in New Jersey on Sunday, a match that wraps up a tournament that shattered attendance records and has been hailed as a major economic victory for the…
HK mediation body sets sights on space economy after settling first maritime dispute
The International Organization for Mediation is exploring the expansion of its services into emerging fields, including the space economy, after successfully resolving its first maritime dispute, Secretary-General Teresa Cheng Yeuk-wah said. SCROLL…
In the Israeli-occupied West Bank, too much cash is breaking the economy
RAMALLAH – Picture this: A gas station customer pulls out a wad of bills to pay for a fill-up. The cashier refuses the money, explaining that the station's bank has stopped accepting notes and coins as deposits because it already is drowning…
Dystopian Economics is Here
NYT opinion writer Jessica Grobe claims, “ The Hunt for a Job Has Never Been Worse. These Applicants Are Fighting Back.” I recently wrote about the purgatory job market of 2026, in which potential employees are largely evaluated by…
HBO Max Docuseries Monsters of Gods Trailer Shows the Underground Economy of Reptile Smuggling
In the smuggling world of drugs, guns, and even human trafficking, one lucrative crime industry is thriving: reptile smuggling to exotic collectors around the world. The docu series Monsters of God follows the exotic reptile industry over several…
Maturing approach: On the India-U.K. Comprehensive Economic and Trade Agreement
The India-U.K. Comprehensive Economic and Trade Agreement (CETA) reflects New Delhi's more mature approach to free trade negotiations. Unlike its 2009 free trade agreement (FTA) with ASEAN, which tilted the trade balance against India, New Delhi…
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