Tax cuts rumoured but the UK's autumn statement will offer little economic comfort
Nov 21, 2023 04:01 am UTC| Economy
The UK chancellors autumn statement is likely to be relatively uneventful yet extremely significant. Although some headline-seeking tax cuts are rumoured, sluggish economic growth and persistent inflation leave little...
Stellantis and Italian Government Discuss Measures to Increase Car Production
Nov 21, 2023 01:22 am UTC| Business Economy
Stellantis has initiated in-depth discussions with the Italian government with the primary objective of bolstering car production within the country. This collaborative effort aims to boost economic growth and streamline...
How governments use IMF bailouts to hurt political opponents – new research
Nov 19, 2023 06:23 am UTC| Economy
Sri Lanka received a bailout from the International Monetary Fund (IMF) in March amid soaring inflation, debt and a sovereign default. In exchange for US$3 billion (2.4 billion), the government committed to spending...
Nov 19, 2023 06:04 am UTC| Economy
The federal government has just announced a list of projects to be abandoned as a result of an independent strategic review of its infrastructure investment program. The review found the cost of the A$120 billion,...
Nov 19, 2023 06:03 am UTC| Economy Real Estate
State governments across the country have plans to increase social and affordable housing to address ballooning waitlists. While necessary, this wont be enough to clear the backlog of people waiting for public...
Infrastructure review recommends culling 82 planned projects
Nov 19, 2023 06:02 am UTC| Economy
The Albanese governments infrastructure review has recommended 82 projects should be cancelled, after finding the $120 billion program unsustainable in its current form. Construction has not started on these projects....
Development aid cuts will hit fragile countries hard, could fuel violent conflict
Nov 19, 2023 06:01 am UTC| Economy
Fragile and least developed countries have had their development assistance cut drastically, according to the Organisation for Economic Co-operation and Development. For instance, net official development assistance to...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects