South Africa power outages: some improvement but a long way to go before the grid is stable
Nov 01, 2023 07:12 am UTC| Economy
Over the past few months, South Africas power generation sector has performed better than expected. Four factors explain this: an acceleration of solar power installations, less frequent breakdowns at power stations, a...
Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it
Nov 01, 2023 07:11 am UTC| Economy Central Banks
Each of Australias big four banks is now predicting a rate rise in six days time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total...
If central banks don't start cutting them soon, it could actually increase inflation
Nov 01, 2023 07:03 am UTC| Economy Central Banks
What next for interest rates? The Bank of Englands Monetary Policy Committee (MPC) is widely expected to leave them unchanged when it meets on November 2, despite the fact that UK headline inflation is still at 6.7%. If...
Why converting office space into flats won’t solve the housing crisis
Nov 01, 2023 07:02 am UTC| Economy Real Estate
The UK government is proposing to further relax planning rules as part of its long-term plan for housing. The Department for Levelling Up, Housing and Communities aims to extend what are known as permitted development...
How to ensure Alberta's oil and gas workers have jobs during the energy transition
Nov 01, 2023 07:00 am UTC| Economy Business
Retraining Albertas oil and gas workers for the solar industry costs far less than you think. The results of our new study clearly show that a rapid transition to sustainable energy production is feasible, as costs of...
US Buys Japanese Seafood for Military to Offset China's Ban, Bolstering Economic Ties
Oct 31, 2023 09:42 am UTC| Economy Politics
To counter Chinas ban on Japanese seafood, the United States has initiated the purchase of Japanese seafood to supply its military stationed in the country. This unprecedented step marks a significant development in the...
Some people think income tax is illegal. It's pseudolaw, and it's damaging the legal system
Oct 31, 2023 09:15 am UTC| Economy
Judges have described it as gibberish, obvious nonsense, largely incoherent, if not incomprehensible and gobbledygook. It involves grand claims like Magna Carta means you do not need to pay your mortgage, or the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight