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Economics Headlines
China touts itself as ‘harbour of stability’ to global CEOs ft.com
Premier Li Qiang paints contrast to US at business gathering in Beijing as Donald Trump gets bogged down in Iran
Source: ft.com
Iran refuses to give in, seeking greater global economic pain washingtonpost.com
Tehran’s unwillingness to capitulate as the war enters its fourth week is wrapped up in the power it exerts over the Strait of Hormuz, officials in the region say.
Source: washingtonpost.com
Our economy has been living in an Adam Smith world since 1776. Something different is coming fortune.com
This year marks the 250th anniversary of “The Wealth of Nations”—and capitalism is facing a legitimacy crisis. What comes next may not be another ideology.
Source: fortune.com
Westerners are fleeing their countries in record numbers economist.com
This will have economic consequences for the places they leave and their destinations
Source: economist.com
The K-shaped economy has left many six-figure earners ‘on thin ice’ as housing costs, lifestyle creep, and the job market put them at risk fortune.com
Many six-figure households earning more than $160,000 annually are “on thin ice,” while the income bracket below them are actually more “comfortable” thanks to their financial position.
Source: fortune.com
Swimply CEO says renting pools helps homeowners earn extra income businessinsider.com
Swimply expands the gig economy to pools, allowing users to rent private pools by the hour. CEO Bunim Laskin shares growth plans and new features.
Source: businessinsider.com
‘The stakes are enormous’: how a prolonged Iran war could shock the global economy theguardian.com
Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say experts
Source: theguardian.com
As War Disrupts India’s Gulf Ties, Economy Faces ‘New Broadside’ nytimes.com
Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country.
Source: nytimes.com
China’s Premier Li pledges national treatment for foreign companies reuters.com
Chinese Premier Li Qiang pledged on Sunday to improve the business environment and fully implement national treatment for foreign enterprises.
Source: reuters.com
Shockwave of War Is Rippling Through the Global Economy bloomberg.com
The global economy’s first collective health check since war broke out in the Middle East will arrive in the form of business surveys from the US to the euro zone.
Source: bloomberg.com
US national debt is soaring — but our economy defies its doubters thetimes.com
America’s national debt now tops $39 trillion, exceeding 120 per cent of GDP. Is the nation’s financial future sustainable?
Source: thetimes.com
‘Those days are over’: These business owners say they can’t raise prices even if they wanted to cnn.com
Looking out his shop window, across the street, just to the right, Paloma Clothing co-owner Mike Roach sees one of Portland, Oregon’s, most expensive gas stations.
Source: cnn.com
Trump’s economic shocks are derailing Britain’s building plans theguardian.com
With major developments collapsing, pressure is growing on councils to concede on affordable housing and public amenities
Source: theguardian.com
The Iran war already hit gas prices. What it’s coming for next. nbcnews.com
A second round of economic impacts from the war is about to put fresh financial pressure on Americans.
Source: nbcnews.com
Iran launches 10 million rial note, highest-ever denomination, as war deepens economic crisis timesofindia.indiatimes.com
International Business News: Iran has introduced its highest-value banknote yet — a 10 million rial note — as war and economic turmoil push the country’s financial system to the b.
Source: timesofindia.indiatimes.com
