Saturday, 29 August 2026 · World
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EUROS The World Financial Report
Nº 49 Saturday, 29 August 2026 · World Edition
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Economy

Economy

The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.

All countries 🇦🇷 Argentina 🇦🇺 Australia 🇧🇷 Brazil 🇨🇦 Canada 🇨🇳 China 🇪🇺 Eurozone 🇫🇷 France 🇩🇪 Germany 🇮🇩 Indonesia 🇯🇵 Japan 🇷🇺 Russia 🇸🇦 Saudi Arabia 🇪🇸 Spain 🇨🇭 Switzerland 🇬🇧 United Kingdom 🇺🇸 United States

Coffee Break: Working Class Life, Climate Change, Politics and Science

Part the First: A Day in the Life of the Working Class. When members of the Professional Managerial Class speak of the working cla…

Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists

However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn The US Federal Rese…

Smaller Revision Points to More Accurate Jobs Numbers

The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.

The S.E.C. Wants to Let Companies Tell Investors Less, Raising Risks

Fewer audit and disclosure requirements could reduce costs, but experts say they could also help disguise fraud or financial stres…

Detroit despairs as ‘insanity’ of Trump’s Canada trade war punishes city

Unpopular new policy comes as midterms loom and control of Congress could be decided by several Michigan races Every day $1bn wort…

Russia’s Arctic Route

Welcome to the world’s newest chokepoint, the Arctic passage. No dollars required.

John Healey to duck meeting UK defence spending target in budget

Chancellor pledges ‘fiscal discipline’ as plan to spend 3% of GDP on defence by 2030 deferred until 2027 review The new chancellor…

How did Trump get so rich? – podcast

In the past couple of weeks, the Trump administration has reignited its trade war with Canada, threatened an ‘economic D-day’ agai…

Andy Burnham’s autumn of pain– podcast

It’s been a month since Andy Burnham became prime minister. And while polls have shown a ‘Burnham bounce’, the coming months will …

Youth unemployment in UK falls below 1 million

Number of Neets is 30,000 higher than a year ago but figures boost efforts to reverse rise in economic inactivity The number of yo…

Social media harms: Hard to ignore, tougher to regulate

Meta and other social media platforms face lawsuits alleging they foster addictive use among young people. Now regulators are stru…

Why social media harms are hard to regulate

Meta and other social media platforms face lawsuits alleging they foster addictive use among young people. Now regulators are stru…

Why social media addiction is so hard to regulate

Meta and other social media platforms face lawsuits alleging they foster addictive use among young people. Now regulators are stru…

Iran War: Bloomberg Claims High Oil Flows Through Hormuz as Iran Threatens for Real Closure; Diesel Stress Rises as Canada Oil Exports to Fall Near Term; Investors Diss Bessent Treasury Meddling, Finger Inflation as the Issue

Today's Iran war news: Diverging claims on Strait of Hormuz oil transits as Iran vows tight closure and investors trash Bessent Tr…

Trump Administration Wants Billion-Dollar Businesses to Qualify as ‘Small’

Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest compa…

PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs

The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.

Gamescom 2026 highlights gaming industry's strength, AI challenges

Gamescom 2026 opens in Cologne as the global gaming industry continues to grow. But rising hardware costs, AI concerns and slowing…

Gamescom 2026: What's next for the gaming industry?

As Gamescom 2026 opens in Cologne, AI, hardware costs and slowing user growth are putting pressure on the global games industry de…

Fears grow for fourth rate hike after higher than expected July inflation

ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike Fears are grow…

Is Sikorski’s “European Legion” Proposal a Way for Poland to Deploy “Peacekeepers” to Ukraine?

A sketchy “European Legion” scheme which could deploy to Ukraine illustrates the huge gap between EU belligerent intent and abilit…

US Treasury shifts to short-term debt as $40tn national debt mounts

Treasury Secretary Scott Bessent is increasingly relying on bond buybacks and short-term borrowing to manage the US fiscal burden,…

Canada announces 50% retaliatory tariffs on hundreds of US imports as trade war escalates – video

Announcement of tariffs on $20bn worth of US goods follows through on Mark Carney's vow to match US tariffs 'dollar for dollar' Co…

US consumer confidence falls in August as gas prices remain above $4 per gallon

Confidence index drops to 89.4 in August from 90.2 in July amid frustration after five years of elevated inflation Americans’ conf…

Will Volkswagen's crunch week decide Germany's auto future?

Volkswagen bosses face angry workers this week over restructuring plans that could eliminate up to 100,000 jobs and threaten sever…

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