UK economy unexpectedly grows 0.1% in August The Office for National Statistics reported that gross domestic product (GDP) increased by 0.1% in August, following 0.4% growth in July. Evening Standard · Oct 15
UK economy unexpectedly grows in August despite fall in consumer spending Latest data showing surprise 0.1% growth is boost to John Healey a fortnight before his first budget The Guardian - UK · Oct 15
Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlook The IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction risks and rising bond yields. It urged central banks to prioritise price stability and governments to provide targeted fiscal support while managing inflation and debt pressures. The Economic Times · Oct 15
Poland’s ascent from communist state to top 20 economy reverses the brain drain In the final part of our series on the country, Poles tell how wages have soared – along with the cost of living The Guardian - UK · Oct 15
The global economy is muddling through against the odds. But a storm is coming Finance ministers gathering for the IMF annual meeting know the need for multilateral cooperation to deal with many crises. There is little chance of that, says Guardian columnist Larry Elliott The Guardian - UK · Oct 15
IMF stands ready to support Sri Lanka as economy improves, debt restructuring nears completion The International Monetary Fund has expressed readiness to support Sri Lanka in its economic recovery efforts. Sri Lanka's macroeconomic situation shows significant improvement, with strong fiscal performance and nearly complete debt restructuring. A staff-level agreement was recently reached to unlock $345 million in financing for the country. The IMF will… The Economic Times · Oct 15
Insurance stocks are down 20%, but Anil Ghelani sees a contrarian opportunity. Here’s why The proposed changes to commissions and distribution by the Insurance Regulatory and DevelopmentAuthority of India (IRDAI) have added to investor uncertainty, raising concernsover the economics of insurers, agents and digital platforms. But Anil Ghelani, executive director and head of passives and product at DSP Mutual Fund, sees no structural deterioration… The Economic Times · Oct 15
A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposure The sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The transaction received attention from a variety of global investors, highlighting their confidence in the nation's financial ecosystem. Experts predict this move may open doors to… The Economic Times · Oct 15
IMF applauds India’s GDP data revamp, says currency pain is no sign of failure as country entered energy shock with strong fundamentals The International Monetary Fund has raised India's growth forecast to 7% for this year and next. India is seen as having strong fundamentals which allow it to manage external pressures effectively. The exchange rate fluctuations are not indicative of economic failure according to IMF officials. Structural reforms and domestic demand… The Economic Times · Oct 15
Asia set to ‘continue to outpace the world’, says IMF, as it asks central banks to stay focused on price stability Asia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been impacted by an oil shock from the ongoing Middle East war, raising near-term price expectations. The International Monetary Fund emphasizes the need for clear communication from central banks on maintaining price… The Economic Times · Oct 15
Why South Indian Temples Ran Schools and Grain Reserves The Temple as an Economic NodeThe Brihadeeswarar temple at Thanjavur, consecrated in 1010 CE under Raja Raja Chola I, employed over four hundred people in its first decades of operation. Priests, dancers, musicians, accountants, watchmen, cooks, the payroll survives in stone inscriptions along the temple walls, written in Tamil so… Times Life · Oct 15
Burnham urged to ‘bring it on’ and allow second Scottish independence vote Holyrood Economy Secretary Stephen Flynn will make the demand as the SNP conference gets underway in Aberdeen on Thursday. Evening Standard · Oct 14
Will Trump’s economy sink Republicans in the US midterm elections? Our reporters answered your questions The high cost of living has Americans angrier than ever. Guardian reporters answered your questions about the US economy ahead of November The Guardian - US · Oct 14
IMF chief says it will 'take time' to restore confidence in France's finances France will need time to bring its public finances under control and fully restore investor confidence, the head of the International Monetary Fund warned on Wednesday, as rising borrowing costs put renewed pressure on the eurozone’s second-biggest economy. Radio France Internationale · Oct 14
Ballotpedia · Oct 14 SEC ends climate-investor investigation, warns of disclosure obligations In this week’s edition of Economy and Society:
International Business Times · Oct 14 IMF Urges U.S. to Cut Deficits as Bond Yields Surge, Tells China to Move Away From Export-Led Growth Managing Director Kristalina Georgieva said the United States and China must address structural imbalances that are putting increasing pressure on global financial markets.
The Economic Times · Oct 14 10-year treasury: Why is US Bond market benchmark yield rising on Wednesday? What does this mean for economy, Fed Interest Rate? U.S. bond market benchmark 10-year Treasury, saw its yield jump to 5.26 per cent from less than 5.17 per just before the inflation report’s release on Wednesday.
Latin Times · Oct 14 IMF Cuts Latin America Growth to 2.3% — How This May Impact Diaspora Families The IMF cut Latin America's 2026 growth to 2.3%. Brazil, Argentina and Chile absorbed the deepest revisions — here's what it means for diaspora families.
Evening Standard · Oct 14 UK economy predicted to decline ahead of Budget It comes after the UK economy grew by 0.4% in July, amid a boost from AI investment.
The Economic Times · Oct 14 ‘Middle powers’ grapple with new survival strategies under Trump era Middle-power countries like India, Canada, and the UK are navigating a transformed global landscape. They face challenges from supply chain disruptions caused by geopolitical tensions and competition between superpowers. Leaders at the New Economy Forum emphasized the importance of collaboration among these nations for mutual benefits. Strategies discussed included diversifying…
Evening Standard · Oct 14 Government does not ‘envisage’ public sector job displacement because of AI The International Monetary Fund has warned that 40% to 60% of jobs will be ‘exposed’ to the technology in advanced economies.
Salon · Oct 14 The biggest Republican lie For 50 years, the GOP has told Americans they are better on the economy. That was never true
The Economic Times · Oct 14 Yemen's Houthis vow more attacks on Saudi airports, oil facilities after Aramco HQ hit Yemen's Houthis have vowed to intensify their attacks on Saudi airports and oil facilities. They claim to have struck the headquarters of Saudi Aramco in Dhahran. This escalation in hostilities has led to closures at Riyadh's international airport. Saudi-led forces reported intercepting a ballistic missile fired towards Riyadh amid rising…
The Guardian - UK · Oct 14 I work for a major insurer. Much of my industry is fudging the numbers in the face of the climate crisis Insurers are taking on more risk than they should. If – or when – a major disaster hits, the catastrophe will have far-reaching consequences, says an anonymous modeller and whistleblower
The Economic Times · Oct 14 Behind big billions, the China hedge begins to take shape in India Hyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiative aims to strengthen local manufacturing and expand research and development facilities. Attracting global interest, especially with competitors like Toyota and Suzuki also enhancing their footprint, Hyundai’s success hinges on optimizing logistics…