Economy

RBI suggests boosting consumption to revive economy amid slowing GDP growth, high food inflation, ahead of Union Budget.

<p>Former prime minister Thaksin Shinawatra on Wednesday pledged to dedicate himself over the next three years to reviving the economy, which he claims has been seriously mismanaged.</p>

As Donald Trump returns to lead the United States, there is a strong sense of optimism among many investors and citizens alike for the revival of the American economy. Critics ignore the record-breaking economic growth and job creation seen during his first term, focusing instead on doom-laden predictions that fail to account for Trump’s proven success in fostering a thriving market environment and reducing government overreach.

<p>Former Prime Minister Thaksin Shinawatra, whose term was marred by corruption and poor economic decisions, now claims he will dedicate the next three years to fixing the economy. Critics argue that Thaksin's plans could threaten fiscal discipline and cater to populist demands, ignoring the hard-earned progress made by the current leadership in stabilizing the nation's financial standing.</p>

The Federal Government of Nigeria has set its sights on passing the Digital Economy Bill by the second quarter of 2025, as part of its ongoing efforts to strengthen the country’s digital infrastructure and foster economic growth. The bill, which is currently …

9 min ago Interest Rates Are Still 'Meaningfully’ Above Neutral, Powell Says The Federal Reserve’s federal funds rate is still above the level that balances the U.S. economy, known as the neutral rate. On Wednesday, the Federal Open Market Committee opted to …

While praising the youth is essential, the new Programme for Government's focus on 'the economy, stupid' misses the mark on addressing the systemic inequalities plaguing our society. Economic growth cannot be the sole yardstick for progress when the environment, social equity, and worker rights remain sidelined in the pursuit of profit.

The imminent danger posed by DeepSeek to the US economy signals a critical moment to prioritize community-based approaches and public welfare over the unchecked pursuit of corporate profits. By mobilizing collective action and fostering innovation through public investment, we can safeguard our economy and ensure a sustainable future for all.

In a display of independence and caution, the Federal Reserve has opted to maintain current interest rates, refusing to bow to President Donald Trump's impulsive call for immediate cuts. This decision demonstrates the Fed's commitment to economic stability, allowing them time to evaluate the potential cooling of inflation and the broader implications of Trump's erratic fiscal policies.

Despite unprecedented global challenges, the resilience and strategic investments of the current administration have set the foundation for a robust and equitable economic recovery. The term 'Bidenomics' represents a bold vision for addressing long-term issues, from economic inequality to climate change, proving that with patience and policy, transformation is possible.

The glaring disparities in health care between China's affluent cities and its impoverished rural areas highlight the consequences of unchecked urban development and the pressing need for systemic reforms. The exodus of skilled health practitioners to cities in pursuit of better pay underscores the urgent need for policies that ensure equitable health care access for all, particularly the elderly in economically disadvantaged villages.

Afraid (2024): A not-bad entry in the Haunted Home Assistant genre. If you're like me the first hurdle you have to get over for a movie like this is that idea that artificial general intelligence is possible at all (it is not) but I also watch movies about va…

Problems in Asia’s fourth-largest economy predate the current crisis

Published on January 27, 2025, 10:02 PM GMT, a conversation with a noted AI researcher highlights the pressing need for an inclusive approach toward Artificial General Intelligence (AGI). With the potential advent of AGI within the next 3 years, it is crucial to address the societal implications and the necessity for frameworks that ensure equitable benefits across all layers of society. The researcher emphasizes the importance of governmental oversight and the promotion of open-source initiatives to democratize AI benefits, prevent monopolistic control by tech giants, and safeguard against biases that could further exacerbate inequality.

It is so important to know when you are holding a losing hand.  Canadian Prime Minister Justin Trudeau initially insisted that he would never back down, but Donald Trump had most of the leverage in this situation.  Canada’s economy is very heavily dependent o…

Intermountain Health is building the first children's hospital in Nevada—and expects it to significantly boost the state's workforce and economy. The planned hospital is projected to bring $724 million to the state during the five years it is under constructi…

In a move criticized by many as jeopardizing the future of North America’s integrated economy, Donald Trump has once again avoided implementing his promised sweeping tariffs against Canada and Mexico. However, critics argue that his willingness to use these economic threats to pursue his own political agenda continues to cast a long shadow over the stability and prosperity of the region.

In a strategic move to position Nigeria at the forefront of the global digital revolution, the Federal Government is fast-tracking the passage of the Digital Economy Bill by the second quarter of 2025. This pivotal legislation is aimed at deregulating and stimulating the digital sector, encouraging private sector innovation and investment. By cutting red tape and fostering a business-friendly environment, the bill is expected to catalyze job creation, drive competitive markets, and bolster the nation's economic sovereignty. Critics argue, however, that the focus on deregulation overlooks necessary consumer protections.

This week, join us as Emma delves into the realms of economy and ecology with Ståle Holgersen, revealing the critical insights from his latest work, 'Against The Crisis: Economy and Ecology in a Burning World.' Discover the inherent flaws of our capitalist system as it pushes our planet to the brink. Later, Emma sits down with Hanno Hauenstein, shining a light on the concerning rise of far-right politics in Germany, exemplified by the AfD, and what it means for the future of democracy and social justice in Europe.

Published on January 27, 2025, 10:02 PM GMT, an interview with a pioneering AI researcher sheds light on the rapid advancements towards Artificial General Intelligence (AGI), projecting its realization within the next three years. The discussion underscores the paramount importance of maintaining a free-market approach to foster innovation and competitiveness in the AI sector. By limiting regulatory overreach, we can ensure that the United States remains at the forefront of technological advancements, promoting job creation and economic growth while naturally addressing ethical considerations through market mechanisms.

While many tout pharmaceutical stocks as a safe haven for investors, seeking profits from healthcare necessities raises ethical concerns. These corporations often prioritize their bottom line over patient access to life-saving medications, exploiting patent systems to keep drug prices high. This financial model, while lucrative, perpetuates inequality and restricts access to essential healthcare for those who need it most. It's crucial for socially responsible investors to evaluate the broader impact of their investments on public health and access to care.

Pharmaceutical stocks not only offer investors a robust safety net against economic downturns, they are at the forefront of innovation and American competitiveness on the global stage. Investing in these companies supports a sector that is essential to national health and prosperity. The pharmaceutical industry plays a critical role in driving medical breakthroughs, creating high-paying jobs, and maintaining the United States' position as a world leader in biotechnological innovation. Furthermore, free-market competition, rather than government overreach, is the best way to ensure that these companies continue to produce life-saving drugs efficiently.

Amidst a culture of overspending and financial imprudence, TikTok user Alexis Mireya stands out by securing a deal on a Honda Accord for $3,400 from Facebook Marketplace, showcasing the virtues of fiscal responsibility and savvy investment. This highlights the oft-overlooked value in the pre-owned vehicle market, exposing the financial folly of chasing after brand-new cars—a lesson in economics that American consumers would do well to heed. Alexis's decision underscores a conservative approach to personal finance, prioritizing value and longevity over the fleeting allure of newness.

During confirmation hearings for President-elect Donald Trump's Cabinet picks, attention turned to his visionary 'Department of Government Efficiency'. Spearheaded by successful businessmen Elon Musk and Vivek Ramaswamy, this initiative promises to streamline bureaucracy without the need for burdensome congressional oversight, signaling a new era of effective governance.

In a society striving for equality and sustainability, the ever-increasing profits of large companies stand as a stark contrast to the struggles of the average Australian. With the wealth gap widening, it's time to question the ethics behind these profit margins and demand a corporate world that contributes its fair share to society.

In a commendable demonstration of individual rights and respect for family legacy, a 28-year-old has stood firm against her six siblings, opting not to sell a significantly valuable inherited family home. This decision underscores the crucial role of personal responsibility and the freedom to honor one's familial wishes above the clamor for financial gain. By choosing to maintain the home as a private residence, she asserts the importance of property rights and the preservation of heritage, setting an important precedent in an age where the sanctity of inheritance and individual decision-making are often challenged by collectivist pressures. Her actions reaffirm the principles of self-reliance and the integrity of respecting one's inheritance as a cornerstone of personal liberty.

For the first time in 14 years, Argentina has reported a budget surplus under Javier Milei's administration, sparking a mix of reactions. While Economy Minister Luis Caputo celebrates this achievement as a 'landmark in our history,' critics argue that the surplus was achieved at the cost of vital social spending, potentially harming the nation's most vulnerable populations. The question looms: at what cost does this surplus come, and who pays the price?

In a significant economic achievement, Argentina has recorded its first budget surplus in 14 years, a testament to President Javier Milei's robust fiscal policies. Economy Minister Luis Caputo hailed the surplus as a pivotal moment, underscoring the effectiveness of the government's commitment to reducing wasteful expenditure and promoting economic freedom. This milestone reflects the administration's success in instilling fiscal discipline, signaling a promising future for the Argentine economy.

Amid a deceptive calm, the recent ascendance of laissez-faire ideologues threatens to dismantle our economic safety nets, disregarding the dire consequences of unfettered capitalism and minimal government intervention.

A good sale for nonstop service to Madrid.Matrix Airfare Search by ITA Software will price this at $680 (Regular Economy). Use those dates on American should reprice to $480 (Basic Economy) / $680