Is a major recession unavoidable? Three economists give their views

Jun 21, 2022 22:54 pm UTC| Economy

We are in a double bind right now. Prices are going through the roof but all the signs suggest that the economy is weakening. The answer to higher prices is normally to raise interest rates, but this also induces people...

Central Banking Series

The latest Bank of England rate rise won't do much to tackle inflation - here's what could work

Jun 21, 2022 22:54 pm UTC| Economy Central Banks

There wasnt much dramatic tension as markets waited for the Bank of Englands latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25% in June...

What's driving the surge in South Africa's fuel price

Jun 21, 2022 22:52 pm UTC| Economy

Increases in the domestic price of fuel are big news in South Africa, with the price of petrol, diesel and paraffin reaching new highs. The underlying reason for the price increases is movements in the international price...

In an energy crisis, every watt counts. So yes, turning off your dishwasher can make a difference

Jun 21, 2022 22:34 pm UTC| Economy

Australias east coast energy market has been on a rocky road for the past few weeks. It begs the question: how could the market change to avoid the next crisis? To date, discussion has largely focused on the need to...

The national electricity market is a failed 1990s experiment. It's time the grid returned to public hands

Jun 21, 2022 22:28 pm UTC| Economy

A crisis, as the saying has it, combines danger and opportunity. The dangers of the current electricity crisis are obvious. The opportunity it presents is to end to the failed experiment of the national electricity...

Future of Coal Series

Why including coal in a new ‘capacity mechanism’ will make Australia's energy crisis worse

Jun 21, 2022 21:42 pm UTC| Economy

Australias electricity generators would be paid extra money to be available even if they dont actually generate any energy, under a new mechanism proposed by the federal governments Energy Security Board...

Indonesia may export chickens to Singapore due to shortage

Jun 21, 2022 10:05 am UTC| Business Economy

Indonesia is reportedly hoping to make Singapore agree to a deal so it can start exporting chickens to the country within a few weeks. This offer comes as SG is experiencing a shortage in chicken supply. Singapore is...