If the RBA’s right, interest rates may not fall for another year. Here’s why.
May 08, 2024 11:04 am UTC| Economy Central Banks
The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...
Some experts say the US economy is on the up, but here’s why voters don’t think so
May 05, 2024 10:07 am UTC| Economy
Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...
Supporting ‘democracy’ is hard for many who feel government and the economy are failing them
May 05, 2024 10:04 am UTC| Insights & Views Economy
Americans, it seems, can both value the idea of democracy and not support it in practice. Since 2016, academics and journalists have expressed concerns that formerly secure democracies are becoming less democratic....
Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025
May 03, 2024 00:04 am UTC| Economy Business
Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...
Electricity from farm waste: how biogas could help Malawians with no power
May 03, 2024 00:02 am UTC| Insights & Views Economy
In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...
The UK has become the world’s fourth largest exporter, but can it maintain this momentum?
May 03, 2024 00:00 am UTC| Economy
UK business is beaming with pride with the recent news of the countrys emergence as the fourth largest exporter in the world based on the United Nations Conference on Trade and Development report. The UK jumped three...
High interest rates aren’t going away anytime soon – a business economist explains why
May 02, 2024 06:00 am UTC| Insights & Views Economy
The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...
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
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects