Electricity and gas prices jump, food price growth slows, Statistics NZ says. Did inflation end 2025 above 3%?
Electricity and gas prices surged in the December year, with food prices up 4%, down a bit from…
Fed Governor Miran Hails Greece’s “Remarkable” Recovery as Blueprint for Deregulation
Miran is sworn in as governor on September 16, 2025. Credit: Public Domain Fed Governor Stephen Miran praised…
Winston Peters vs the Reserve Bank
How a Trumpian beef about interest rates spilled over to New Zealand. When the ancient Roman Republic was…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Dollar rises as U.S. jobless claims unexpectedly fall
The dollar was becalmed on Wednesday, as other assets hogged the limelight. Jenner Images | Moment | Getty…
Russia’s Customs Revenues Fall 20% in 2025, Deepening Budget Shortfall
Russia’s federal customs service transferred 5.965 trillion rubles ($75.7 billion) to the federal budget in 2025, a 20%…
Biggest lenders cut rates as mortgage price war heats up
Mortgage rates are at their lowest in more than three years as a price war between some of…
German gross domestic product was 0.2% higher in 2025
That’s at least some positive news that will shelve stagflation fears for a while. But as price pressures…
Thai Property Market Faces Worst Slowdown in Nearly 30 Years
At the same time, the government has become more serious about controlling the country’s high household debt, which,…
ECB policymaker Kazaks says attack on Fed raises new risks to economic outlook
He chimes in with some views on the US administration’s continued attack on the Federal Reserve in saying…
The economy has two engines: AI and the rich
Sometimes a Fed official drops a line so good that you have to take a moment to appreciate…
Initial Jobless Claims dropped to 198K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US…