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Wartime economies always trigger inflation
32+ min ago (832+ words) The Trump administration has asked several manufacturers to increase their roles in military production, including General Motors, above, Ford, GE Aerospace and Oshkosh. "In the meantime, our great military is Loading Up and Resting, looking forward, actually, to its next…...
Editorial: Much ado about India's GDP rankings
24+ min ago (492+ words) Rankings will eventually take care of themselves if incomes rise, opportunities expand, and inequality narrows; otherwise, even a higher place on the global table will mean nothing India slipping in global GDP rankings from the fourth to the sixth position…...
UK economy grew faster than expected before Iran war
4+ day, 6+ hour ago (313+ words) The UK economy grew better-than-expected in February before the breakout of the Iran war, the Office for National Statistics (ONS) said. ONS said gross domestic product (GDP) grew by 0. 5 per cent month-on-month in February " the fastest expansion since January 2024 " following…...
UK to narrowly avoid recession and jobless rate to surge, Item Club warns
13+ hour, 25+ min ago (416+ words) Britain is to "flirt" with recession and unemployment will be sent soaring amid the fallout of the Iran war, according to economic forecasters. The latest Item Club report predicts the economy will flatline in the second and third quarters, which…...
Fed nominee Warsh prepares for monetary policy road test before Senate panel
5+ hour, 21+ min ago (579+ words) WASHINGTON, April 20 (Reuters) " After more than a decade criticizing the U. S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a Senate hearing on Tuesday when lawmakers will likely press the Fed chief nominee to flesh out…...
Quarter of a million Brits 'could lose job by mid 2027' - as Iran war pushes UK to brink of 'technical recession' | LBC
1+ hour, 40+ min ago (865+ words) A quarter of a million people could lose their jobs by next year amid fears of a looming recession sparked by the Iran war, an analysis has found. Two reports from top accounting firms suggest the economy is on the…...
Quarter of a million people could lose their jobs by 2027 as UK "flirts with recession
18+ hour, 31+ min ago (620+ words) Britain's economy is poised to "flirt" with recession, with unemployment set to soar amid the fallout from the ongoing conflict in Iran, economic forecasters have warned. A new report has predicted that the UK's economy will flatline across the second…...
Croatia's Inflation Climbs to 4. 8 Percent as Energy Costs Drive Price Growth
10+ hour, 45+ min ago (242+ words) Inflation in Croatia accelerated in March, reaching its highest level in more than a year, as rising energy costs continued to push up consumer prices. Data released by the Croatian Bureau of Statistics showed that consumer prices increased by 4. 8 percent…...
Global Housing Reality Check: Istanbul Is Cheap'But Still Out of Reach
14+ hour, 6+ min ago (472+ words) Despite widespread perceptions of a housing affordability crisis in T'rkiye, global comparisons show that Istanbul remains relatively cheap. However, weak income distribution and a broken financing system are making homeownership increasingly inaccessible for large segments of the population. Debates over…...
Olive Young, Daiso face probe by South Korean regulator over supplier dealings | MLex | Specialist news and analysis on legal risk and regulation
8+ hour, 33+ min ago (166+ words) Olive Young, Daiso face probe by South Korean regulator over supplier dealings'MLex Olive Young, Daiso face probe by South Korean regulator over supplier dealings Prepare for tomorrow's regulatory change, today MLex identifies risk to business wherever it emerges, with specialist…...