Falling Oil Prices and China Concerns Add Fuel to Market Fears of A Us Recession
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US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - Jan. 2 -
The coming American labour market shock
Ignore the Fed’s flip-flop and focus on labour dynamicsFinancial Times - Jan. 2 -
House prices rose by 4.7% in 2024, says Nationwide
Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.BBC News - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Fall in UK university science courses stokes fears for industrial strategy
Chemistry courses have dropped a quarter and biosciences by 15% in past 5 yearsFinancial Times - Jan. 2 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
South Korean investors pile into US equities as domestic stock market languishes
Retail investors expect Trump rally to continue and Tesla is a favourite with Musk praising country’s ‘smart people’Financial Times - Jan. 2 -
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
Russian officials have warned of severe environmental damage as thousands of people came out to clean up tons of fuel oil that spilled out of two storm-stricken tankers more than two weeks ago in ...ABC News - Jan. 1 -
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
Yahoo News - Jan. 1 -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - Jan. 1 -
The next gold rush is above us, not below us
The choice before us is clear: we can continue with business as usual and watch other nations take the lead in space, or we can unleash American enterprise to drive the next great economic expansion.The Hill - Jan. 1 -
Belgium bans disposable vapes as concern grows over e-cigarettes
Experts say crackdowns on single-use products may have limited impact on growing industryFinancial Times - Jan. 1 -
New Jersey Asks Judge to Delay Congestion Pricing Plan
The state had sued to stop New York’s plan to charge motorists entering Manhattan’s busiest roadways. Late Tuesday night, lawyers requested a temporary restraining order.The New York Times - Jan. 1 -
Trump’s killing of Qassem Suleimani led to fall of Assad, says Tugendhat
Ex-security minister says assassination ordered by Trump set off chain of events that led to revolution in Syria. Donald Trump’s decision to sanction the assassination of an elite Iranian commander ...The Guardian - Jan. 1 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
‘Live sick or flee’: pollution fears for El Salvador’s rivers as mining ban lifted
The landmark prohibition on mining in 2017, a world first, has been reversed by authoritarian leader Nayib Bukele but the move has met fierce resistance from environmentalists. Vidalina Morales ...The Guardian - Jan. 1 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1 -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1