The war in the Ukraine created two main opposing camps of countries. An Alliance of Democracies on one side and a Group of Authoritarian. The escalation of geopolitical tensions linked…
Economy
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AustraliaEconomyGlobal NewsNews
IMF Expects Australia’s Economy to Slow Amid ‘perilous’ International Pressures
Australia’s economic growth will slow as the global economy faces “perilous” challenges, persistently high inflation and risks of further financial turmoil, the International Monetary Fund said in its latest global outlook…
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AustraliaEconomyGlobal NewsNews
From High Inflation to the Housing Crisis and a Possible Recession, Australia’s Economic Problems Need Meaningful Solutions
by Kit Westby Kit WestOne economic indicator has been bothering me for months. The Australian benchmark share market index is now close to an all-time high — roughly 3 to 4 percentage points away from…
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EconomyEuropeNewsUKUnited Kingdom
Why Bank of England is Looking to Bolster UK Protections for Savers
When Andrew Bailey revealed in a speech that the Bank of England was working on updating Britain’s deposit insurance guarantee scheme, which gives government protection on savings up to £85,000 in the…
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EconomyEnergyEuropeGermanyNews
Germany’s Energy Crisis is ‘more or Less Solved’ and Its Economy is Safe, Bundesbank’s Nagel Says
by Keegan Rossby Keegan RossGermany’s energy worries are over and Europe’s largest economy has the “inherent strength” to recover from the dual shocks of the pandemic and the war in Ukraine, according to Bundesbank…
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AsiaDefenceEconomyEUEuropeFeaturedGlobal NewsNational SecurityNewsPoliticsRussia
Baltics blast China diplomat for questioning sovereignty of ex-Soviet states
Lu Shaye, China’s ambassador to France, said that former Soviet countries have no ‘effective status’ in international law. The Baltic states of Estonia, Lithuania and Latvia are demanding an explanation…
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BERLIN, April 14 (Reuters) – Germany is expected to narrowly escape recession and post modest growth in the first quarter of the year, according to an economy ministry report published…
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EconomyEuropeNewsUKUnited Kingdom
UK Inflation Poised to Slip Out of the Double Digits for First Time Since Last Summer
UK inflation is poised to slip out of the double digits for the first time since last summer in what could be the beginning of the cost of living crisis…
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EconomyEuropeNewsUKUnited Kingdom
Big UK Firms Shrug Off Banking Turmoil and Turn More Hopeful – Deloitte
LONDON, April 17 (Reuters) – Finance executives at top British firms have reported the sharpest rise in optimism since late 2020 and the recent upheaval in the global banking sector…