Why the federal budget must fix construction capacity to solve housing affordability
As we approach this year’s federal budget, the focus needs to be on policies that genuinely improve housing…
This economist studied 400 years of recessions. His bleak conclusion: stop trying to predict them
In the early 18th century, the American colonies suffered a depression-level economic contraction. There was no war. No…
St James Place : The special K-shaped economy
In 18th Century France, when told peasants couldn’t afford bread, Queen Marie-Antoinette supposedly said, ‘let them eat cake.’…
US employment boom? Maybe, maybe not — A look under the jobs report’s hood
Household survey shows employment and labour force shrinking despite payroll job gainsLabour force participation rate drops to lowest…
Türkiye emerges as 3rd-largest country in IFC’s global portfolio
Türkiye stands out as the third-largest country in the global portfolio of International Finance Corporation (IFC), an arm…
UAE’s dollar lifeline and Opec exit suggest an economy in trouble
The United Arab Emirates, one of the richest petro-states in the world, has confirmed it wants a permanent…
Thais Feel the Pinch as ‘Single-Dish’ Staples Surge Amid Fuel Price Crisis
Thailand’s headline inflation hits a 38-month high as soaring energy costs and extreme heat force food…
As UAE Leaves OPEC, Export Data Reveals Shift in Power
The UAE’s decision to exit OPEC has sent ripples through global energy markets, but the underlying reasons become…
Rising Gas Prices and April CPI Seen Adding Pressure on US Household Budgets
A fresh batch of consumer price data in the coming week is likely to affirm Americans’ growing frustration…
AI shock is looking a lot like the China shock, and that’s actually good news, top economist says
In 2001, China joined the World Trade Organization, sparking a manufacturing surge for the country. China became the…
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
The national debt is set to reach $40 trillion in the near future if it continues to grow…
the tough policy choices that need to be made urgently
Mozambique is not in total crisis – but it is faltering. There has been no currency crash, no…