Economic Growth and Climate: The Post-Growth Debate
As global GDP and carbon emissions hit new highs, economists question if endless growth is sustainable. Post-growth theories advocate moving beyond GDP to address planetary boundaries.
As global GDP and carbon emissions hit new highs, economists question if endless growth is sustainable. Post-growth theories advocate moving beyond GDP to address planetary boundaries.
UN Secretary-General António Guterres warns global economies must abandon GDP as primary success measure, prioritising environmental value and human wellbeing instead.
Japan's upcoming election could spark a global economic crisis similar to the UK's Liz Truss moment, with high debt and fiscal expansion plans creating bond market risks.
Russia's wartime economic boom has given way to stagnation, with growth forecasts slashed to under 1% amid falling oil revenues, tax hikes, and severe labour shortages. Experts analyse whether this economic weakness could impact the conflict in Ukraine.
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RecommendedThe motor finance compensation scheme could inject up to £9.7bn into the UK economy, mirroring the PPI scandal's economic stimulus effect as consumers spend refunds locally.
Analysis of Australian political discourse on RBA rate rises, exploring complexities beyond simplistic narratives in economic policy debates.
The Bank of England maintains interest rates at 3.75% while warning of rising unemployment and downgrading growth forecasts for 2026 and 2027.
Bank of England Governor Andrew Bailey indicates interest rate cuts are probable this spring, driven by falling inflation forecasts and a sluggish UK economy, with a close 5-4 MPC vote.
The Bank of England has held interest rates at 3.75% but indicated further reductions are probable later this year as inflation is forecast to hit the 2% target by spring.
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RecommendedThe Bank of England's Monetary Policy Committee has decided to maintain interest rates at 3.75%, following six previous cuts since mid-2024, as inflation remains above target.
The Bank of England has held interest rates at 3.75% but warned of rising unemployment and downgraded growth forecasts, with inflation expected to fall to 2% by spring.
Analysts at ING predict UK inflation will fall sharply this spring, potentially dropping below the Bank of England's 2% target, enabling two interest rate cuts by summer.
The Bank of England is expected to hold interest rates at 3.75% and avoid signalling accelerated cuts, with economists eyeing April for potential reductions.
Business Secretary Peter Kyle questions why UK growth lags behind China and US as new forecasts predict continued economic stagnation through 2028.
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RecommendedA new poll reveals declining confidence in Britain's economic prospects, with over half of voters expecting deterioration amid ongoing cost of living pressures.
City AM's Shadow Monetary Policy Committee has voted 7-2 to recommend the Bank of England maintains interest rates at 3.75%, citing persistent inflation and insufficient evidence for cuts.
The Reserve Bank of Australia's decision to raise interest rates appears influenced more by market speculation than concrete economic indicators, with unemployment figures triggering the shift.
Greg Jericho criticises the Reserve Bank of Australia's interest rate rise to 3.85% as 'cowardly', analysing the impact on homeowners and the economy.
Reserve Bank Governor Michele Bullock highlights a 20-25% price increase over recent years, impacting Australians amid a cost-of-living crisis and rate hikes.
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RecommendedExplore the real story of the 1637 tulip bubble in the Dutch Golden Age, separating fact from fiction about this iconic financial event and its lasting legacy.
The Reserve Bank of Australia increased the cash rate to 3.85%, ending a brief rate-cutting cycle as mortgage holders face higher repayments due to unexpected inflation pressures.
EY forecasts UK GDP growth of 0.9% in 2026, down from 1.4% in 2025, due to tax increases and global trade tensions, with investment expected to fall before a 2027 rebound.
As the RBA meets, most experts predict a rate hike, but some warn it could derail Australia's fragile economic recovery and ignore moderating inflation trends.
A record potato harvest in Germany has led to a 4,000-tonne surplus, triggering a massive free distribution across Berlin, from zoos to soup kitchens, as residents embrace the unexpected bounty.
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RecommendedThe Bank of England is set to maintain interest rates at 3.75% next week as policymakers battle sticky inflation, with economists debating the timing of future cuts.
Donald Trump has nominated former Fed governor Kevin Warsh to chair the Federal Reserve, replacing Jerome Powell amid tensions over monetary policy and central bank independence.
Donald Trump selects former Federal Reserve governor Kevin Warsh to replace Jerome Powell as chair of the US central bank, marking a significant shift in monetary policy leadership.
The US Federal Reserve has maintained interest rates at 3.5%-3.75% despite pressure from Donald Trump to cut them, citing solid economic expansion and inflation concerns.
The US Federal Reserve paused interest rate cuts, keeping rates at 3.5%-3.75%, despite intense pressure from the Trump administration and a criminal investigation into Chair Jerome Powell.
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RecommendedAnalysis suggests the Reserve Bank of Australia should resist market pressure for a rate rise, as recent inflation spikes are driven by volatile holiday and energy costs, not underlying economic trends.