Apr 26, 2024 01:31 am UTC| Insights & Views Economy
Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...
Apr 25, 2024 06:11 am UTC| Insights & Views Economy
Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Apr 25, 2024 06:09 am UTC| Insights & Views Economy
Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Apr 25, 2024 06:08 am UTC| Insights & Views Economy
With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...
Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI
Apr 25, 2024 06:06 am UTC| Insights & Views Economy
Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...
Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks
Apr 25, 2024 06:05 am UTC| Insights & Views Business Economy
The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out...
Rishi Sunak wants to cut the cost of ‘sicknote’ Britain
Apr 25, 2024 06:04 am UTC| Insights & Views Economy Politics
Prime minister Rishi Sunak has announced a crackdown on sickness and disability benefits in order to end a sicknote culture and over-medicalising the everyday challenges and worries of life, in part because he claims that...
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