Albanese government’s frustration rises alongside fuel prices and inflation
Fuel prices and inflation aren’t the only metrics climbing as the Strait of Hormuz remains shut. The Albanese…
Mohamed El-Erian Warns of ‘Sobering’ Economic Outlook As War Rages
The global economy faces a laundry list of threats, and the war in the Middle East could worsen…
Fossil fuels face higher taxes than electricity under looming bill – POLITICO
Solidarity tax Austria, Germany, Italy, Portugal and Spain have also called on the Commission to propose a temporary…
What the world needs to know about the real stakes of the energy crisis – POLITICO
“[The] damage to household finances this year is to a large degree already done,” said James Smith, chief economist at…
MAS tightens policy for first time since 2022
SINGAPORE: Singapore’s central bank tightens its monetary policy stance for the first time since 2022 to allow for…
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…
Moving from Energy Crisis to Energy Security with Renewables
New IRENA policy advisory shows strategic role of renewables for energy security and resilience; recommends actions for policy…
Investors write off any move from the Fed this month after CPI, Iran talks
With President Trump’s focus squarely on Iran at present, Jerome Powell and the U.S. Federal Reserve are getting…
Bank of Japan wary of inflation pressure amid war in Middle East
The Bank of Japan is increasingly cautious about inflationary pressure stemming from rising crude oil prices amid Middle…
US inflation surges to 3.3% as impact of Iran war bites
The United States and Israel began bombing Iran on February 28 and Tehran retaliated by blocking traffic in…
USPS to suspend pension contributions amid ‘financial crisis’
The US Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer…
Consumer sentiment hits record low, inflation fears rise amid Iran war
Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the…