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The Latest Breaking News from Capital Economics

As Shanghai lockdown drags on, fears grow for global trade

China’s strict pandemic policies have shuttered factories and prevented ships from unloading and picking up cargo.

Ukraine crisis, inflation risks loom over ECB meeting

Ukraine crisis, inflation risks loom over ECB meeting

Frankfurt (AFP) - European Central Bank governors meet Thursday to ponder record-high inflation and fresh economic uncertainty caused by the war in Ukraine, with policymakers signalling a willingness to take action sooner rather than later.

Russia's ruble stages rebound despite Western sanctions

Russia's ruble stages rebound despite Western sanctions

Moscow (AFP) - After a historic collapse in the wake of Russia's military offensive in Ukraine, the ruble has staged a spectacular bounceback, supported by strict capital controls and energy exports.

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Vietnam's Q1 GDP growth tops 5%

HANOI: Vietnam's gross domestic product grew 5.03% in the first quarter from a year earlier, official data showed on Tuesday, as the Southeast Asian country reopened more parts of its economy after relaxing coronavirus restrictions.

Mexico president apologizes for revealing central bank rate hike

Mexico City (AFP) - Mexican President Andres Manuel Lopez Obrador apologized Thursday after he surprised financial markets by revealing that the nation's autonomous central bank had decided to hike interest rates, hours before an official announcement.

Mexico president reveals central bank rate hike

Mexico City (AFP) - President Andres Manuel Lopez Obrador surprised financial markets on Thursday by revealing that Mexico's autonomous central bank had decided to hike interest rates, hours before an official announcement.

Britain needs 230,000 new homes a year for people to rent, claims study

Greater funding would support the 227,000 new privately rented homes needed per year, say economics consultancy firm

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