Prepare to hear about an ‘official recession’. Unofficially, we’ve been in one for some time
Mar 06, 2024 23:05 pm UTC| Insights & Views Economy
Australians are set to find out if we are on the edge of a so-called official recession. Due out mid-Wednesday, the national accounts will either show spending, incomes and production continued to grow in the three...
Europe’s tech industry is lagging behind the US
Mar 06, 2024 23:03 pm UTC| Insights & Views Technology Economy
Europe invests a lot in research, and publishes and patents many ideas. But it fails to compete with the US and China when it comes to translating its innovation effort into large, global technology firms. The seven...
If you follow the degrowth agenda, it leads to an economy that looks a lot like the sickly UK
Mar 06, 2024 23:01 pm UTC| Insights & Views Economy
The degrowth movement has become very popular in recent years, particularly among younger people who appreciate its critique of the endless pursuit of economic expansion. The problem with growth, advocates argue, is that...
Carbon markets are broken. Here are three ways we can start fixing them
Mar 06, 2024 23:00 pm UTC| Insights & Views Economy Business
Carbon offsetting where companies or governments atone for their carbon emissions by buying credits to fund projects that are supposed to remove emissions from the atmosphere has a bad reputation. In the past few...
Huge housing costs make us slaves to our jobs and unsustainable growth
Mar 06, 2024 22:49 pm UTC| Insights & Views Economy
Every three months, Australian economists, analysts and commentators anxiously await the new gross domestic product (GDP) figures, a key measure of economic performance and growth. The latest figures, released today, show...
Chalmers changes tack as economic growth sinks to a new post-pandemic low
Mar 06, 2024 22:48 pm UTC| Insights & Views Economy
Wednesdays national accounts show economic activity barely grew during the three months to December, climbing just 0.2%. Thats the lowest growth rate in four quarters, each of which was lower than the one before...
How much does a government shutdown hurt the economy?
Mar 06, 2024 03:48 am UTC| Insights & Views Economy
When the U.S. government shuts down, the immediate and most visible impact is a rupture in its day-to-day operations. For example, many national museums and parks are closed, immigration hearings are postponed and the...
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