Implementing a basic income means overcoming myths about the 'undeserving poor'

Dec 05, 2023 05:35 am UTC| Economy

Newfoundland and Labrador recently announced plans to introduce a basic income for people aged 60-64 receiving social assistance. It is slated to roll out in April 2024 and will match existing federal seniors...

African countries lost control to foreign mining companies – the 3 steps that allowed this to happen

Dec 04, 2023 12:50 pm UTC| Economy Business

Within a few years of independence, African governments asserted sovereignty over their metal and mineral resources. Prior to this, the resources were exploited by European mining corporations. Since the 1990s,...

Canada’s Fall Economic Statement signals the ‘right to repair’ your tech devices

Dec 04, 2023 12:30 pm UTC| Economy

On Nov. 23, the Government of Canada released the 2023 Fall Economic Statement. In a bold move toward empowering consumers, reducing costs and promoting sustainability, the Canadian government has reiterated its commitment...

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...

Nicola Willis warns of fiscal ‘snakes and snails’ – her first mini-budget will be a test of NZ’s no-surprises finance rules

Dec 04, 2023 12:28 pm UTC| Economy

New finance minister Nicola Willis has claimed she was blindsided by the state of the governments books. Days after stepping into the role, she said: The outgoing government has left us with some nasty surprises....

Central Banking Series

Governments have been able to overrule the Reserve Bank for 80 years. Why stop now?

Nov 28, 2023 23:14 pm UTC| Insights & Views Central Banks Economy

Pay close enough attention to parliament these next few days, and youre likely to witness something truly remarkable: politicians from both sides of politics uniting to remove the power of politicians to overrule the...

Western Pharma Shifts Focus from China to India Amid Rising Geopolitical Tensions

Nov 27, 2023 06:15 am UTC| Economy Business Health

Western drugmakers are increasingly turning to alternative sources for drug production and clinical trials, shifting their attention away from Chinese contractors. According to industry experts and executives, this...