Published by Promoting Economic Pluralism
Good news everyone: wage increases are slowing, raises are getting smaller, layoffs are beginning to happen, and inflation is all your fault. And you should be grateful about all of …
Good News: Economy Sucks, You’re Screwed, and It’s All Your Fault, Economists Say Read More
China’s economy grew at the slowest pace since the start of the COVID-19 pandemic in the second quarter, highlighting the punishing economic toll of Beijing’s stringent “dynamic zero COVID” strategy. …
China’s economy slows sharply, fanning global recession fears Read More
The possibility that a US dollar and a euro will be worth exactly the same is getting closer to becoming a reality. The single currency suffered further falls this Tuesday …
Euro falls to 20-year low against US dollar and approaches parity Read More
US President Joe Biden’s administration is looking at whether to cut tariffs on some Chinese imports in a bid to ease inflation, the White House said on Tuesday. Four years ago, former US President Donald Trump imposed …
US weighs restructuring Trump-era China tariffs to fight inflation Read More
LONDON, June 29 (Reuters) – Britain’s economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of …
UK economy faces double threat of inflation surge, recession risk Read More
Measuring economic, social and environmental prosperity. A new monitor will help inform policy decisions to reduce Scotland’s vulnerability to future financial and environmental shocks, helping build a more prosperous, resilient, …
Creating a wellbeing economy Read More
The European Commission (EC) has proposed a bold vision for Europe’s digital transformation by 2030. According to a new study by Public First — Unlocking Europe’s Digital Potential — the EC’s Digital …
Digital transformation could grow EU economy by €2.8 trillion Read More
LONDON, June 16 (Reuters) – The Bank of England stuck to its gradual increases in interest rates on Thursday, as other central banks took more urgent action, but said it …
Chances of recession in Britain in next two years have increased, J.P. Morgan economists say Read More
Kat Johnston didn’t expect the pandemic to make her less stressed about her finances. After all, she temporarily lost her job at the library where she worked full time. But, …
Inflation is expected to remain high later this year even as the economy slows and layoffs rise Read More
The Bank of England has raised interest rates for the fifth time in a row to 1.25% and set the scene to act more “forcefully” ahead because of a mounting …
Fifth consecutive hike as interest rate raised to 1.25% by Bank of England Read More