Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Opinion | How markets will test Hong Kong's new economic model
For the first time in its history – and in a striking departure from its long-standing doctrine of minimal economic intervention – Hong Kong is preparing to draw up a five-year plan. Chief Executive John Lee Ka-chiu has asked all…
Why lower fertility does not have to mean economic decline
There's no getting away from the fact that in many countries around the world, populations are ageing and fertility is declining. The latest State of World Population report from the UN sexual and reproductive rights agency (UNFPA) shows that…
Jersey student Hubert Libich wins top economics award
One of Jersey's brightest young minds has picked up a major award after impressing judges with his take on the global economy. Hubert Libich won the Colin Powell Award 2025, presented by the Minister for Economic Development Kirsten Morel, after…
The Iran war has revealed Trump's pressure point: the economy
Seven weeks of war have failed to topple Iran's theocratic rulers or force them to meet all of President Donald Trump's demands, but for U.S. adversaries and allies it has cast a spotlight on one of his central vulnerabilities: economic pressure.
Russia's Lavrov says balance of power shifting to emerging economies
The global balance of power has tilted to major emerging economies such as China and India as US hegemony is increasingly undermined – much of it by its own actions, Russia's Foreign Minister Sergey Lavrov said. In his speech on Saturday at…
US delegation presses Cuba to transition to market economy - media
US officials have urged Cuba to transition from socialism to a market-based economy and compensate American citizens and corporations whose assets were seized in the 1960s, several US media outlets reported on Friday and Saturday, citing sources…
Why a top analyst thinks the US economy will be feeling the Iran-fueled inflation shock for years
Investors see the Iran war as all but over, but a market vet warns the effects will be felt a lot longer than Wall Street might realize. Chris Whalen, an investment banker, longtime analyst, and the chairman of Whalen Global Advisors, thinks the…
Iran shuts Strait again despite Trump war threat - no end to economic misery
Iran has reclosed the Strait of Hormuz causing fears the ongoing conflict could cause a summer of misery for British families. In a new statement on Saturday morning, the Islamic Revolutionary Guards Corps announced the strait will return 'to its…
Mazzucato on the Iran war's economic shock: Who pays the price?
Redi Tlhabi speaks to economist Mariana Mazzucato on the Iran war's economic fallout and who's really paying the price. The world is reckoning with the biggest oil supply disruption in history, one that has sent energy prices soaring, rattled stock…
AI startups are moving into smaller neighborhoods and shifting San Francisco's economic center
Despite the pandemic, an exodus of tech companies, and a feared ' doom loop,' a one-two punch of return-to-office mandates and the explosion of AI startups has shifted San Francisco's tech center into smaller neighborhoods. Together AI is one of…
Last Week at Economy Class and Beyond (18th April) - Economy Class & Beyond
It's the Saturday after the week before, and your author has their feet up after a week on the press beat. But Saturday has come, so it's time for Last Week at Economy Class and Beyond. Ferris Wheel at the Hamburg Dom (Frühlingsdom) –…
Iran war, $4 gas prices, took all the fun right out of the U.S. consumer economy
Consumer spending and credit card balances remain healthy, but the U.S.-Iran war has led to a pullback in entertainment-related discretionary purchases. Dave & Busters and other 'eatertainment' venues, such as bowling and escape rooms, are in a…
Turkiye woos investors amid Iran war fallout in Gulf economies
For Turkiye's government, the Iran war has complicated efforts to turn around an economy still reeling from one of the worst financial crises in the country's history. But even as the conflict has driven up Turkiye's fuel prices and forced…
EV Tax Credit Debate: How Ending the $7,500 Incentive Could Hurt America's Economy and Energy Future.
Like Like Love Haha Wow Sad Angry (ThyBlackMan.com) That $7,500 tax credit to buy an electric vehicle, now gone, was a “grotesque misallocation of federal spending.” It was a form of “rent-seeking,” whereby companies…
How rum fuelled 'alcoholic capitalism' in Canada's early economy - Montreal
Montreal bartender Jackson Long, a proud rum connoisseur with Jamaican ancestry, is deeply concerned about Canada's unknown darker past with the sugarcane spirit. “There are just big aspects of this history that are always kind of…
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