OECD predicts spate of recessions globally if Iran conflict drags into 2027 | OECD
If the Middle East conflict drags on into next year it would hit global growth hard, driving some…
OECD warns of global slowdown as Iran war stymies growth prospects
The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage…
Rural UK ‘particularly at risk’ of diesel shortages if Iran war continues | OECD
Rural areas in the UK would be particularly at risk of diesel shortages if the conflict in Iran…
Euro’s global role stays flat despite US policy uncertainty
Investing.com — The euro’s share of global markets remained largely unchanged last year at around 20% as the…
Hospitality failures surge 49% as nearly 400 businesses close – Stuff
Hospitality failures surge 49% as nearly 400 businesses close StuffHospitality liquidations surge, outpacing retail closures The PostClaims against Christchurch hospitality…
‘The Strait of Hormuz is no longer a distant watchpoint, it’s at the farm gate’
DairyNZ says the 2024/25 dairy season was one of the strongest financial years on record for dairy farmers…
AI Isn’t Taking Gen Z’s Jobs. Blame Remote Work, Says the Fed.
AI gets a lot of flack for making life hard for young workers, but the New York Fed…
The AI economy’s permanent underclass
By Kenneth Rogoff* The San Francisco Bay Area is in the midst of an AI frenzy that makes the…
Richard Prebble: Why every Finance Minister's surplus always seems just out of reach – NZ Herald
Richard Prebble: Why every Finance Minister’s surplus always seems just out of reach NZ HeraldThe surplus is already at…
Hospitality closures up 49%, more than 130,000 people have mortgage over $1m
The number of people with a mortgage larger than $1 million has increased 15 percent year-on-year. Photo: RNZ…
Why Shanghai’s property market is rebounding faster than most other cities in China
Shanghai’s second-hand housing market picked up steam in May, with transaction activity accelerating significantly, while the city’s new…
Australia’s first-quarter economic growth misses estimates on severe weather, weak demand
Tourists sit on a bollard at the Sydney Opera House. Afp Contributor | Afp | Getty Images Australia’s…