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Australia’s biggest bank chief confronts AI’s economy-wide job toll, warning of smaller teams and disappearing roles ahead. Source: finance.yahoo.com
The war in Iran is choking off hopes of an economic recovery in Germany that had emerged at the beginning of the year, with businesses assessing their situation as negatively as they did during the pandemic, a survey showed on Tuesday. Source: reuters.com
The biggest economic buzzword of the last few years is “K-shaped.” Source: cnn.com
A joint statement says the countries aim to boost the China-Pakistan Economic Corridor and develop Gwadar port. Source: aljazeera.com
US energy exporters might benefit from higher global oil prices, but American consumers do not and they, along the rest of the world, are paying. Source: responsiblestatecraft.org
The global tech powerhouse attracts more workers and has higher birth and lower mortality rates than the national average. Source: scmp.com
China let the interest rate on a one-year policy loan to banks decline to a record low, according to people familiar with the matter, a sign Beijing is stepping up efforts to support an economy that’s losing momentum. Source: bloomberg.com
China and Pakistan have reached a new broad consensus on deepening their strategic partnership, according to a joint statement issued by the countries at the end of Prime Minister Shehbaz Shari’s visit to Beijing. Source: reuters.com
The National Rally’s rivals are exploiting the ideological schism between pro-business Jordan Bardella and the more populist Marine Le Pen. Source: politico.eu
Economy sluggish despite being largest beneficiary of pandemic-era grants and low-interest loans Source: ft.com
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