Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sat, Jun 20, 2026 05:13 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Tim Harcourt1

Industry Professor and Chief Economist, University of Technology Sydney
Tim Harcourt is Industry Professor and Chief Economist at the Institute for Public Policy and Governance (IPPG) at the University of Technology Sydney (UTS).

Tim’s main interests are international trade, labour markets, climate innovation and the economics of sports.

Before joining UTS, Tim was Professor of Practice in Economics at the University of New South Wales (UNSW) in Sydney. He has also held senior roles in both the public sector and private sector in Australia and internationally and in the community and education sectors. In Australia he has worked for the Reserve Bank of Australia (RBA), the Fair Work Commission (FWC), the Australian Council of Trade Unions (ACTU) and the Australian Trade Commission (Austrade) and as an economic advisor to 3 Federal Cabinet Ministers and 2 State Premiers.

Tim hosts The Airport Economist TV program www.theairporteconomist.com on doing business in Asia, Latin America and Emerging markets which is based on internationally successful The Airport Economist book series

Tim is also the host of The Airport Economist podcast on Listnr, and the TV show After The Pandemic on China and Australia on www.ausbiz.com.au

His new book The Airport Economist Flies Again! was published by Cambridge Scholars on 1 June 2021.

Rugby union cops another body blow as the Melbourne Rebels are axed. How can the sport bounce back?

Jun 03, 2024 11:08 am UTC| Sports

The axing of the Melbourne Rebels from the Super Rugby competition, though not unexpected, is another blow to rugby union in Australia. The Rebels were axed because they were in serious debt to the tune of A$23 million...

In China, Albanese might find an economy as uncertain as Japan's 30 years ago

Sep 20, 2023 11:39 am UTC| Economy

When Prime Minister Anthony Albanese visits China later this year he will encounter a nation whose future is about as uncertain as it was 50 years ago when Gough Whitlam became the first Australian prime minister to visit...

Devils in the detail: an economist argues the case for a Tasmanian AFL team – and new stadium

May 02, 2023 15:30 pm UTC| Economy

The Australian Football Leagues announcement of a Tasmanian football club likely to be called the Tassie Devils is now a formality, after the federal goverments pledge of A$240 million to a new stadium and precinct in...

Economy

Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry

Canada has introduced a temporary 10% tariff on certain canned vegetable imports as part of efforts to protect domestic growers and food processing companies from increasing foreign competition. According to a statement...

Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth

Italy has emerged as one of the strongest-performing major economies in the Eurozone, driven largely by robust investment spending and government-backed stimulus programs, according to a recent UBS research report. Since...

Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge

Global oil prices stabilized on Friday, but Brent crude remained on track for a weekly decline of more than 8% as investors assessed the uncertain future of the U.S.-Iran peace agreement and ongoing geopolitical risks in...

Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets

Asian stock markets rallied on Friday, with Japan and South Korea reaching record highs as easing tensions in the Middle East and the reopening of the Strait of Hormuz pushed oil prices lower, reducing global inflation...

US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge

U.S. stock index futures edged lower on Thursday evening, giving back some gains after a strong Wall Street rally driven by optimism surrounding a new U.S.-Iran agreement and a powerful surge in semiconductor stocks....

Politics

U.S.-Iran Talks Resume in Switzerland as Lebanon Ceasefire Boosts Hopes for Lasting Deal

U.S. Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araqchi are expected to travel to Switzerland for renewed diplomatic talks, signaling fresh momentum toward a broader U.S.-Iran agreement after a...

Bolivia Nears End to 50-Day Crisis After Government Reaches Deal With Workers

Bolivian President Rodrigo Paz has reached a key agreement with the Bolivian Workers Confederation (COB), marking a significant step toward ending a nationwide crisis that has disrupted the country for nearly 50 days. The...

Marco Rubio to Visit Gulf Nations for Key Middle East Talks

U.S. Secretary of State Marco Rubio is expected to travel to the Middle East next week, with planned visits to Kuwait, the United Arab Emirates (UAE), and Bahrain, according to a report from Axios citing multiple sources...

Trump Inspects Upgraded Qatar-Gifted Boeing 747 as Interim Air Force One Nears Service

President Donald Trump toured an upgraded Boeing 747 at Joint Base Andrews in Maryland on Friday as the aircraft moves closer to entering service as part of the Air Force One fleet. The luxury jet, originally gifted by...

Trump Says Anthropic No Longer Seen as National Security Threat

U.S. President Donald Trump said he no longer views artificial intelligence company Anthropic as a national security threat, marking a significant shift from his stance just a week earlier. The comments came during an...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race

John Jumper, the Google DeepMind researcher who shared the 2024 Nobel Prize in Chemistry for his groundbreaking work on the AlphaFold artificial intelligence system, has announced that he is leaving Google DeepMind to join...

Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks

Meta Platforms is reportedly lobbying U.S. lawmakers to include legal protections for social media companies in the proposed Kids Online Safety Act (KOSA), a move that could significantly impact thousands of lawsuits...

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...