Australia should brace for war impact to get worse, Treasury warns
The economic risks for Australia from the continuation of the Middle East war are increasing, the Treasury has…
Strait of Hormuz closure: Why high oil prices may be a temporary shock only – explained
The disruption has resulted in a temporary supply bottleneck driven by logistics issues rather than a permanent reduction…
52% In UAE, 44% In US: How India’s Rs 3 Fuel Hike Compares To Other Nations
Petrol, Diesel Price Hike: As petrol and diesel prices went up by Rs 3 per litre on May…
South Korea introduces relief payments amid oil crisis
South Korea has added relief payments to its sweep of measures to tackle the ongoing oil crisis as…
Beloved gluten-free bakery Nutie shuts up shop amid economic pressures
A cult-favourite Sydney bakery has been forced to shut its doors after a decade of serving the community,…
The real cause of inflation isn’t oil prices, says Johns Hopkins economist
Following the Commerce Department’s release on the morning of April 10 showing that March consumer prices rose at…
Recession odds hit 49% for next 12 months says Moody’s Mark Zandi
With alarming headlines coming out of the Middle East, economists will be wary of sharing forecasts that might…