Bitcoin hits new record high of more than $106,000
Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency’s price rise by more than 50% since Donald Trump’s victory in the 5 November…
Category: Economy
UK economy shrinks for second month in a row
The UK economy shrank for the second month in a row in October as concerns about the Budget continued to weigh on confidence. Official figures showed a 0.1% drop, despite…
How a uranium mine became a pawn in the row between Niger and France
In the latest sign of a dramatic deterioration in relations, Niger’s military rulers appear increasingly determined to drive France out of any significant sector in their economy – and particularly…
Bitcoin surges past $100k for first time
The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high. The value of the world’s biggest cryptocurrency has been boosted by…
Italy’s long-term economic performance: New GDP estimates since the Middle Ages
There is a lively debate around the long-run performance of Italy since the Middle Ages. This column introduces new estimates of Italy’s GDP per capita from 1300 to 1861. The…
Trump vows tariffs on Mexico, Canada and China on day one
Donald Trump says he will hit China, Mexico and Canada with new tariffs on day one of his presidency, in an effort to force them to crack down on illegal immigration…
Japan Govt Adopts Economic Package
Tokyo, Nov. 22 (Jiji Press)–The Japanese government on Friday adopted an economic package focusing on benefits for low-income households, subsidies for utility bills and aid for the disaster-hit Noto Peninsula…
House price fall could boost London economy – Khan
A 1% fall in house prices in London could yield a £7.3bn boost to the economy over a decade, mayor Sadiq Khan has said. In a speech at the Centre…
China Still Risks Japan’s Fate Despite Manufacturing Crown
With the weeks running down on 2024, Chinese policymakers are already in a position to declare “mission accomplished” on their (almost) decade-long Made in China 2025 project. Despite headwinds including major tariff hikes by…
UK economy grew less than thought in spring
The UK’s economy grew by less than previously estimated between April and June, according to official figures. It expanded by 0.5%, down from an initial reading of 0.6%, after output…