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Ukraine drones target St Petersburg as Russia’s flagship economic forum opens
Ukraine drones target St Petersburg as Russia’s flagship economic forum opens Black smoke rises over major fuel terminal as city hosts Vladimir Putin’s global economic summit Ukrainian drones hit energy and military sites in St Petersburg early Wednesday morning as officials gathered for a flagship economic forum in the city, Russian and Ukrainian authorities said. Some 20,000 guests from 130 countries are set to attend the three-day annual St Petersburg International Economic Forum – an...
Ukraine's drone strikes set a gloomy tone for Putin's economic showcase
Ukraine's drone strikes set a gloomy tone for Putin's economic showcase A massive black cloud rising above the St. Petersburg skyline from a Ukrainian drone strike set a gloomy tone for the opening of President Vladimir Putin’s annual showcase of Russia’s economic achievements - Bookmark A massive black cloud rising above the St. Petersburg skyline from a Ukrainian drone strike set a gloomy tone for the opening of President Vladimir Putin's annual showcase of Russia's economic achievements....
PM Modi chairs EAC meeting, discusses measures to boost India’s economic growth
Prime Minister Narendra Modi on Saturday met members of the Economic Advisory Council (EAC) to the Prime Minister, with discussions focused on ideas and measures to further strengthen the country's economic growth amid ongoing global uncertainty. The meeting covered reforms aimed towards improving ease of living and ease of doing business. The PM and EAC-PM members exchanged views on ways to boost economic growth in the current environment of global turmoil.
OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage from the U.S.-Iran war could dramatically worsen unless a durable peace settlement is reached quickly. In its June Economic Outlook, the OECD said global growth is now expected to slow from 3.4% in 2025 to 2.8% in 2026, before recovering to 3.1% in 2027 — should the current energy price shock start easing by the middle of this year. But that's assuming a...
Iranian World Cup excitement dulled by war and economic crisis
Iranian World Cup excitement dulled by war and economic crisis Iranian World Cup excitement dulled by war and economic crisis As the World Cup nears , many Iranians say their normal enthusiasm for the event has been dampened by the co-host US’s war against their country as well as economic hardships. Published On 7 Jun 2026
Fit notes and economic inactivity: reforming the form is not enough
Economic inactivity linked to ill health has become one of the UK's most substantial socioeconomic challenges. Around 2.9 million people are now economically inactive because of long term sickness, around 70% of those economically inactive overall.1Although the disability employment gap increases as people get older, the challenge extends beyond an ageing population.2 The interim Milburn report on young people and work highlighted that almost one million young people aged 16-24 are not in...
BJP counters Rahul's 'economic tsunami' warning amid Iran war: 'Stop selling panic'
NEW DELHI: Bharatiya Janata Party (BJP) on Thursday put up a strong counter against Rahul Gandhi's warning of an "economic tsunami" for India, dismissing it as "classic fear-mongering." The Lok Sabha leader of opposition had raised concerns over the escalating situation in the Middle East and its potential impact on India. Responding sharply, BJP IT cell chief Amit Malviya rejected Rahul's claims and argued that India is well-positioned to withstand any economic fallout from the Iran war.
Australia's economic slowdown is just beginning, the experts warn
Australia's economic slowdown is just beginning, economists warn, as recession risks rise Thu 4 Jun 2026 at 5:16am Australia's economic slowdown is just beginning, economists warn, as interest rate rises and cost-of-living pressures weigh on households. The economy grew just 0.3 per cent in the first quarter of 2026, the Australian Bureau of Statistics revealed on Wednesday, but the figures only captured the first month of the Middle East war. "Surging inflation, sky-high oil prices and...
US eyes stake in Azerbaijan's pipelines as economic ties enter new phase after Trump-brokered deal
Washington wants in on Azerbaijan's pipelines and energy infrastructure, a senior US official said in Baku, as the two countries deepen economic ties following Trump's White House peace deal with Armenia. The United States wants a direct stake in Azerbaijan's pipeline and energy infrastructure, a senior US official said on Thursday, signalling Washington's ambitions to deepen its foothold in a region long dominated by Russia and China. Speaking at the first Azerbaijan–US Economic Dialogue in...
Support for rural women entrepreneurs linked to economic growth
Support for rural women entrepreneurs linked to economic growth Gaby Clark Scientific Editor Andrew Zinin Lead Editor Though rural women entrepreneurs make up only a small portion of the self-employed across the United States, new West Virginia University research shows they are crucial to overall economic success. A study by Heather Stephens, director of the WVU Regional Research Institute, and Xiaoyin Li, a postdoctoral fellow, with Jason S. Entsminger, assistant professor of...