Patience Economic Reboot

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - October 28

Can Harris’s Economic Plans Sway Small Business Owners to Vote Democratic?

Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.

Business - The New York Times - October 29

East Africa leads Africa’s economic growth despite public discontent

World - Yahoo News - October 28

Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment

World - ABC News - October 28

The Biden-Harris economic record is much better than critics claim

It would be a shame if Americans went to the voting booth without understanding this important fact.

Politics - The Hill - October 28

Democrats alarmed Harris’s economic message isn’t breaking through

Democrats are frustrated that Vice President Harris hasn't done more to sell her economic message and worry that former President Trump continues to have a sizeable advantage on what many voters ...

Politics - The Hill - October 29

Here are the 5 most important U.S. economic issues for voters

Americans say the economy is the most pressing issue as they prepare to cast their ballots on November 5, including these five key issues.

South Africa cuts growth target as economic reality bites

Lower GDP projection comes despite coalition’s charm offensive to win over foreign investors

Business - Financial Times - October 30

Harris improves her odds over Trump, according to these economic indicators

Those betting on Trump may want to consider the latest economic data, which indicate Harris could benefit from material tailwinds that become a decisive factor in a close race.

Business - MarketWatch - October 31

Elon Musk says Trump's economic plans could cause 'temporary hardship'

Musk, the world's richest person, is a prominent supporter of Trump.

Rachel Reeves’ first Budget leaves key economic challenges unresolved

OBR says announcements amount to one of the biggest fiscal loosenings of recent decades

Business - Financial Times - October 30

Chinese factory activity expands for first time in six months

Beijing set to unveil fiscal stimulus focused on struggling local governments next week

Business - Financial Times - October 31

Western consumer groups unconvinced by China’s economic stimulus efforts

Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidence

Business - Financial Times - October 31

Germany’s top economic panel gripped by strife amid internal lawsuit

Council of Economic Experts is grappling with dispute with one member over how to address potential conflicts of interest

World - Financial Times - 4 days ago

How the 'vibecession,' global economic uncertainty are influencing investors this election year

More than 60 countries held or will hold national elections in 2024. Here's the Principal Financial Group CEO's take on investors' response.

Business - CNBC - 3 days ago

Five economic areas the incoming US president needs to tackle

New administration must find a way to maintain growth while repositioning the economy

World - Financial Times - 3 days ago

Exit polls 2024: Deep economic discontent with Biden drove voters to Trump

Broad economic discontent and sharp divisions about the nation’s future mark voter attitudes nationally in ABC News' preliminary exit poll results.

Trump leverages economic discontent, extends his appeal -- and breaks mold: ANALYSIS

While ABC News had not projected a winner by early Wednesday morning, Trump's performance broke the mold across a variety of measures.

German automotive SMEs face economic challenges amid pessimistic outlook

World - Yahoo News - 2 days ago

Europe praises Trump's victory amid wider fears of an impending economic nightmare

European leaders are congratulating Donald Trump for his victory, while sources add the outcome is not as shocking as when he clinched victory in 2016.

Business - CNBC - 2 days ago

Trump’s Economic Plans Could Worsen Inflation, Economists Say

Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.

Business - The New York Times - 2 days ago

Trump’s Newest Economic Guides Are Not Like His Old Ones

A little-known investment banker, a former hedge fund star and an acolyte of George Soros have the president-elect’s ear.

Business - The New York Times - Yesterday

2 million at risk of starvation in Myanmar state amid ‘total economic collapse’

Exclusive: a UN report will accuse the military of imposing ‘collective punishment’ on Rakhine state, more than three years after seizing power in a coup . Two million people in Myanmar’s Rakhine ...

World - The Guardian - Yesterday

New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty

Trump’s proposed economic policies, particularly tariffs, are anticipated to push inflation up, making the Federal Reserve’s planned series of cuts much less certain.

Business - Inc. - Yesterday

Investors cheer Trump’s economic agenda, defying gloomy media

Donald Trump winning the popular vote and control of Congress was not the only shocker this week; the stock market response was almost as stunning.

Politics - The Hill - 8 hours ago

China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges

In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.

Business - CNBC - October 14

Nobel economics prize for 2024 awarded to Daron Acemoglu, Simon Johnson and James Robinson

The winner of the award, officially the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel," receives $1 million.