Wholesale power prices are falling fast – but consumers will have to wait for relief. Here’s why

Feb 08, 2024 12:24 pm UTC| Insights & Views Economy

Wholesale power prices are falling steeply in Australia, following two years of surging prices after the Ukraine war triggered an energy crisis. New data shows annualised spot prices for power in Australias main grid fell...

Mortgage and inflation pain to ease, but only slowly: how 31 top economists see 2024

Feb 05, 2024 05:20 am UTC| Insights & Views Economy

A panel of 31 leading economists assembled by The Conversation sees no cut in interest rates before the middle of this year, and only a slight cut by December, enough to trim just $55 per month off the cost of servicing a...

South Africa’s military is expected to do more than ever with tighter budgets: how the force has declined over 30 years

Feb 05, 2024 05:19 am UTC| Insights & Views Economy

The South African National Defence Force marks 30 years this year, having been established on 27 April 1994. Its as old as the countrys constitutional democracy, the result of a negotiated political settlement that ended...

Germany's economy must be fixed – here are three top priorities

Jan 23, 2024 06:20 am UTC| Insights & Views Economy

The latest figures on German gross domestic product (GDP) are far from reassuring. Output was 0.3% lower in 2023 than the year before, turning Germany into the worst-performing large economy in the world. By comparison,...

Inflation: how a different approach could ease the burden of the cost of living crisis

Jan 23, 2024 06:15 am UTC| Economy

The latest annual inflation rate rise to 4% has dampened expectations about how soon the Bank of England might start cutting interest rates. Marginally higher than the previous months figure of 3.9%, it was a surprise to...

The Appeal of Emerging Markets for Savvy Investors

Jan 23, 2024 05:41 am UTC| Economy

As the Federal Reserves timeline for potential rate adjustments remains uncertain, leading international financial CEO and analyst, Nigel Green, suggests that investors should turn their attention to emerging markets....

'No cash accepted' signs are bad news for millions of unbanked Americans

Jan 23, 2024 05:30 am UTC| Insights & Views Economy

How many people dont have a bank account? And just how difficult has it become to live without one? These questions are becoming increasingly important as more businesses refuse to take cash in cities across the U.S....