Britain is not as broken as everyone seems to think 
Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study 
Term limits aren’t the answer 
Cheaper medicines and a new approach for mental health care 
It’s OK to mow in May − the best way to help pollinators is by adding native plants 
Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity 
Latest inflation figures are good news 
Market participants and economists were taken by surprise as Reserve Bank of Australia's (RBA) preferred measure of inflation dipped to three year low in third quarter.
- CPI rose by 0.5% in third quarter compared to 0.7% in the second and up 1.5% for 12 months to September.
- However, Reserve Bank of Australia's preferred measure trimmed inflation rose only by 0.3% in third quarter, which is weakest since third quarter last year. Yearly CPI came at 2.1%, against median expectation of 2.4%, which is lowest since second quarter of 2012.
Breakdown of key components -
- Most significant price rises were observed in Fruit (+8.2%), Travel and accommodation (4.6%), Property rates and charges (+4.6%).
- Biggest contributors to the drop were Vegetables (-5.9%), Telecommunication equipment and services (-2%) and Automotive fuel (-1.7%).
Australian Dollar has taken a sharp hit as the drop was significant and moreover unexpected. Australian Dollar is currently trading at 0.712 down close to 80 pips from today's high.
