UK News Digest: Recession, a Shabby State of Affairs – and a Wait After a Fall
UK Chancellor Rishi Sunak’s promises have largely failed to materialize, with the UK falling into a recession. Labour MP Rachel Reeves demands an explanation, but Sunak and his deputy are absent. Journalist John Crace shares a personal anecdote, and SNP and Conservative MPs walk out during a debate on Gaza, highlighting the challenges in UK politics.
Chairman of PIAF Advocates for Revolution in Technical Education in Pakistan
Fahimur Rahman Saigol, Chairman of PIAF, advocates for a revolution in technical education to drive Pakistan’s economic growth. He emphasizes the need for a stronger industry-academia connection to address skill gaps and boost exports. Despite challenges, Saigol remains cautiously optimistic about Pakistan’s GDP growth.
Many Americans Feel Economy is Rigged Against Them, Study Shows
Many Americans feel that the economy is rigged to benefit the rich, despite national indicators suggesting a strong economy. A project by the American Academy of Arts and Sciences revealed a prevailing sense of economic struggle and lack of support. Despite reports of declining income inequality, many individuals still feel that the underdog cannot get ahead, attributing this to a system driven by greed and profit.
Britain Enters Recession with Worst GDP Performance in Years
Britain has entered a recession with its worst GDP performance in years, as the economy contracted by 0.3% in the final three months of 2023. This news is a setback for Prime Minister Rishi Sunak and could impact the upcoming general election. Despite the recession, finance minister Jeremy Hunt remains optimistic about the economy’s future prospects.
Controversy Surrounds Australian Interest Rate Proposal
Australian interest rates have once again sparked controversy, with Wazza McKibbin’s recent comments drawing attention. McKibbin’s proposal for a neutral interest rate has raised concerns about its impact on households, with critics arguing that such a rate would be detrimental….
Thailand’s 2023 Elections: Reformist Party Secures Most Seats, but Populist Party Forms Majority Government
In a surprising turn of events, the reformist Move Forward Party secured the most seats in Thailand’s 2023 elections, but it was the populist Pheu Thai Party that ultimately formed a majority government, overlooking the country’s stagnant economy. The new…
Upturn in Global Tech Cycle to Support Malaysia’s Export Expansion in 2024, Economists Say
Monday22 Jan 2024 HomeCorporateEconomyCourt & PoliticsSectionsEdgeTVTechOpinion新闻HomeCorporateEconomyCourt & PoliticsSectionsEdgeTVTechOpinion新闻HomeCorporateEconomyCourt & PoliticsSectionsEdgeTVTechOpinion新闻HomeUpturn in global tech cycle to support Malaysia’s export expansion in 2024, economists sayTechnologyMalaysiaEconomyTop StoriesEconomic FocusUpturn in global tech cycle to support Malaysia’s export expansion in 2024, economists sayBy Emir Zainul…
Time to Reform VAT Threshold and Administration
It’s time to take VAT out of the ‘too-difficult’ box By Colin Borland Chancellor Jeremy Hunt has an opportunity to tackle the complexity and practical effects of VAT in his Spring Budget. It’s hard to believe that at a time…
Economic Indicators Pointing Towards Positive Direction for Biden Administration
Three major economic indicators are pointing towards a positive direction, providing a glimmer of hope for President Biden’s administration after a period of economic uncertainty. This shift in the economic landscape comes as a welcome development for the White House,…
Trudeau government policies driving cost-of-living crisis
After eight years of the Trudeau Liberal government managing the Canadian economy, Canadians are in the throes of a cost-of-living crisis. While this crisis is being felt by citizens in countries around the world, the Trudeau government’s policies are exacerbating…