Economics news headlines

US recession over? GDP grows 3.5% – FTChina launches trade investigation into US car subsidies – FTIndia scraps rice import duties following drought – FTSpain must abolish corporate tax break and repay – FTTanzania: subsistence farmers encouraged to become commercial – UNMalaysia opens protected car industry to foreigners – NYTUS house prices fall, as do mortgage applications – FT, CalcRiskS&P issues warning on mortgage insurers – FT Alphaville To increase lending, should we raise interest rates? FT Econ ForumUK employment data closer to Europe than US – FT Money SupplyWant renewables? Work out energy storage – VoxEU

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