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Wed, Oct 30, 2024 06:48 PM All times are UTC

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John Hawkins1

Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
I have a PhD in political science and Masters degrees in Economics and Applied Finance. I have headed the economics division at the Hong Kong Monetary Authority and been a senior economist with the Reserve Bank of Australia, Bank for International Settlements and Australian Treasury and secretary to the Senate Economics Committee.

Digital Currency Revolution

Will digital currencies become the norm as the world moves towards a cashless society?

Jul 03, 2024 14:19 pm UTC| Insights & Views Digital Currency

More than 90% of the worlds central banks are looking at introducing a central bank digital currency (CBDC), to complement existing banknotes. What is a central bank digital currency? A CBDC is not a new currency. It...

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...

Interest rates are expected to drop but trying to out-think the market won’t guarantee getting a good deal

Mar 07, 2024 07:38 am UTC| Insights & Views Economy

With most economists expecting interest rates to start falling later this year, prospective home buyers might be weighing up whether to buy now for fear of strong competition for stock, or waiting until repayments are...

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...

Happy birthday AUD: how our Australian dollar was floated, 40 years ago this week

Dec 04, 2023 12:29 pm UTC| Economy Insights & Views

These days, we take for granted that the value of the Australian dollar fluctuates against other currencies, changing thousands of times a day and at times jumping or falling quite a lot in the space of a week. But for...

Digital Currency Revolution

Sam Bankman-Fried convicted for massive FTX fraud, in stark reminder of risks of crypto trading

Nov 04, 2023 03:41 am UTC| Law Digital Currency

It is not just crypto tokens that have spectacular downfalls. So can crypto personalities. Sam Bankman-Fried founded FTX, one of the worlds largest exchanges for so-called cryptocurrencies, which collapsed last year...

Oil in Global Economy Series

Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will mean for interest rates

Oct 25, 2023 14:27 pm UTC| Economy

Todays figures from the Australian Bureau of Statistics show inflation fell in the September quarter for the third consecutive quarter. But petrol prices kept it uncomfortably high. After reaching a 30-year high of...

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Economy

Productive Meeting Between International Association of Machinists and Boeing

Productive Bargaining Talks with Boeing The International Association of Machinists (IAM) announced a significant development in its negotiations with Boeing on Wednesday. The union described the recent...

U.S. Economy Shows Resilience Ahead of Elections: GDP Growth Expected

Strong Economic Growth Anticipated The U.S. economy is expected to sustain a solid growth pace in the third quarter of 2024, bolstered by decreasing inflation and robust wage increases fueling consumer spending....

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Oct 30th2024 12:30 am AUD CPI...

L3Harris Doubles GMLRS Rocket Motor Production Amid Rising Global Demand

L3Harris Doubles GMLRS Rocket Motor Production L3Harris Technologies has announced that its business unit Aerojet Rocketdyne has successfully doubled its monthly production of motors for Guided Multiple Launch...

India’s Central Bank Expected to Cut Interest Rates in December

Indias Central Bank Interest Rate Cut Anticipated Indias central bank, the Reserve Bank of India (RBI), is poised to cut its key policy rate by 25 basis points to 6.25% in December, according to a recent Reuters...

Politics

‘Honey Pot Scandal Rocks 2016 Campaign!’ – Whistleblower Reveals FBI Spies Embedded With Trump Staff

A whistleblower has come forward with allegations that former FBI Director James Comey authorized covert operatives to infiltrate Donald Trumps 2016 presidential campaign, allegedly embedding honey pot spies within Trumps...

‘An Election Day Disaster in the Making?’ – Printing Error Forces Nevada County to Scrap 77,000 Ballots

A ballot printing error has affected 77,000 ballots in Nevada County, California, leading to widespread scanning issues just days before the general election. Election officials discovered that these ballots were not...

‘Forced to Run Against My Own Will!’ – Supreme Court Blocks RFK Jr.'s Plea, Keeps His Name on Key Ballots

The U.S. Supreme Court has decided not to remove Robert F. Kennedy Jr.s name from the presidential ballots in Wisconsin and Michigan, marking the latest legal setback for the former candidate. Kennedy, who previously...

Kamala Harris Allegedly Using 'Bimbo Tactics' on Dating Apps to Sway Men to Polls – 'Desperate Move!' Claims Laura Loomer

In a surprising accusation, conservative activist Laura Loomer claimed that Vice President Kamala Harris has allegedly devised an unconventional method to get more men to the polls: targeting them through dating apps. The...

Supreme Court Case Could Flip 2024 Election as GOP Aims to Disqualify Thousands in Pennsylvania: 'A Victory for Trump Could Be History-Altering!'

A Supreme Court case emerging from Pennsylvania has sparked national attention as the Republican Party seeks to disqualify thousands of mail-in ballots, potentially altering the course of the 2024 presidential election....

Science

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Inside Today’s Crypto Boom: Bitcoin’s $70K Triumph and Trump’s Rising Poll Advantage Fuel Bull Run

The crypto market took off today, driven by Bitcoins break above $70,000 and Trumps lead in the polls. Investor optimism soars as the potential for a crypto-friendly administration fuels new highs in major assets, with...

Bitcoin Miners Turn to AI and Strategic Mergers as Halving Pressures Profitability: CoinShares Report

Facing increased costs and reduced profitability, Bitcoin miners are adopting artificial intelligence and mergers to boost earnings, reveals CoinShares. The April halving heightened financial strains, with miners exploring...

Shiba Inu Surges as 39 Million SHIB Burn Sparks 10% Price Jump in 24 Hours

In a swift market shift, Shiba Inu (SHIB) gained nearly 10% over the last 24 hours after a 39 million SHIB burn ignited fresh momentum. Shibburn reports a 305% surge in the burn rate, fueled by a single large transaction...

Xiaomi SU7 Ultra Pre-Sale Begins in China for $114K with 1,500 HP, Hits 100 km/h in 2 Seconds

Xiaomi has launched pre-sales for its high-performance SU7 Ultra, an electric sedan boasting 1,500 horsepower, priced at 814,900 yuan ($114,200) in China. Set to officially launch in March 2025, the SU7 Ultra promises...

BYD Hints at Seagull EV Arrival in Australia, Could Become Nation's Cheapest Electric Car

BYD may launch its smallest and most affordable electric vehicle, the Seagull, in Australia. Known for its exceptional sales in China, the Seagull could become the nations most budget-friendly EV, challenging current...