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The Latest Breaking News from Economic Growth

UK To Merge Pension Funds To Boost Economic Growth

British Treasury's groundbreaking plan to merge pension funds for investment and economic growth, garnering widespread support.

Top News

Right-wing think tank welcomes Rachel Reeves’ pension ‘megafunds’ overhaul

Rachel Reeves will promise the biggest overhaul of the pensions market in decades as she addresses the City of London

The Independent UK

Pension ‘megafunds’ to be created to boost investment and economic growth

The megafunds will mirror schemes in Australia and Canada under the Government plans.

Evening Standard

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Lee Zeldin Excited To Lead EPA In Economic Prosperity Push

Former Rep. Lee Zeldin appointed as EPA administrator, focusing on economic growth and energy dominance under President Trump's vision.

Top News

Trump's Economic Policies: Impact On Prices And Inflation

Explore the potential economic impacts of President-elect Trump's proposed policies on inflation, economic growth, and the federal budget deficit.

Top News

Crude Closes Lower On China Energy Demand Woes

December WTI crude oil (CLZ24 ) Friday closed down -1.98 (-2.74%), and December RBOB gasoline (RBZ24 ) closed down -0.0411 (-2.00%). Crude oil and gasoline prices Friday were under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also, Friday's...

Barchart

Crude Oil Tumbles on Disappointment About Chinese Stimulus Measures

December WTI crude oil (CLZ24) today is down -2.14 (-2.96%), and December RBOB gasoline (RBZ24) is down -0.0459 (-2.24%). Crude oil and gasoline prices today are under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also, today's dollar strength...

Barchart

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Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth − but there’s a cost

The economy was one of their top issues as voters went to the polls this year. So what does Donald Trump’s return to the White House – as well as Republican gains in Congress – mean for the U.S. economy?

The Conversation

How the climate crisis threatens the Panama Canal – and the country’s future

Recent drought restrictions on the waterway cost the country $1bn. Now, newly appointed environment minister Juan Carlos Navarro must find a way to balance sustainability with economic growth

The Guardian - UK

Markets Surge As Trump Wins Presidency And Republicans Control Senate

Stocks, bonds, and bitcoin surged post-Trump's re-election, with markets optimistic about economic growth. Global markets are closely monitoring the implic...

Top News

Africa’s cities are growing chaotically fast, but there’s still time to get things right – insights from experts

Cities are vital engines of economic growth, innovation and social progress. They shape the futures of nations and the lives of millions.

The Conversation

Keir Starmer hits back at business tycoon Sir James Dyson attack on Budget as 'spiteful'

The Government insists its fiscal plans will boost economic growth

Evening Standard

Economic Growth At Stake In Presidential Election

Explore the economic strategies of Kamala Harris and Trump, with concerns over democracy's impact on U.S. growth and stability.

Top News

OPINION - The Standard View: Labour's National Insurance raid will hit "working people"

It was not all that long ago the Labour Party was campaigning for government, promising to prioritise economic growth, and reassuring voters that vast tax rises were not necessary. Yesterday’s Budget put paid to that.

Evening Standard

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The Independent UK

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns

Rachel Reeves has hit back at criticism of her Budget after the chancellor received backing from the International Monetary

The Guardian - UK

OBR says budget unlikely to lift economic growth over next five years

Forecaster says extra spending revealed by Rachel Reeves will give only a short-term lift to economy

Evening Standard

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Office for Budget Responsibility has predicted that UK gross domestic product will grow by 1.1% in 2024.

The Conversation

South Africa’s fight against extreme poverty needs a new strategy - model shows how social grants could work

South Africa has been struggling for decades to reduce poverty, inequality and unemployment and raise the rate of economic growth.

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The Guardian - UK

US economic growth slows, as Germany avoids recession and France gets Olympics boost – as it happened

Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row

Space

NASA generated $76 billion for US economy in 2023, report says

NASA's efforts in science, exploration and beyond are helping drive significant economic growth across America, according to an agency study.

The Independent UK

Starmer: Publishers should have control over content as AI technology develops

The Prime Minister said news media and the creative sector are ‘central to this government’s driving mission on economic growth’.

AAP

Tax reform may be shunned in state economic growth plan

The Victorian government has been warned businesses will flee interstate if it turns its back on loosening tax settings in an upcoming economic growth plan.

Evening Standard

UK economic growth forecasts downgraded for next two years – economists

EY Item Club’s latest quarterly economic forecast points towards 0.9% growth in 2024.

International Business Times

China Should Use Fiscal Policy To Boost Growth: IMF

The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF official told AFP ahead of key meetings this week in Washington.

Evening Standard

Budget 2024: Boost for Labour Chancellor Rachel Reeves as IMF ramps up economic growth forecast for Britain

The leading economists increased their prediction for GDP growth in the UK in 2024 from 0.7 per cent to 1.1 per cent

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