Cheaper gas and electricity prices are within Australia's grasp – here's what to do

Oct 31, 2022 08:53 am UTC| Economy

Virtually every country in the world is facing a crisis in energy costs, yet while other countries cant do much about it, Australia can. Australia could get its east coast gas producers to supply the domestic gas market...

Central Banking Series

The Bank of Canada just hiked interest rates for the sixth time — is it too late?

Oct 31, 2022 08:50 am UTC| Economy Central Banks

Following closely on the heels of the European Central Bank and the U.S. Federal Reserve Board, the Bank of Canada has raised its target interest rate by 50 basis points. This is its sixth interest rate hike this...

Schools in England are facing bankruptcy – here's what the government could do to help

Oct 31, 2022 08:46 am UTC| Insights & Views Economy

We have barely reached the autumn half term and school leaders are already beginning to worry about what the academic year beginning in September 2023 will hold. The combined effect of the cost of living crisis with...

The ethics of canceling student debt is more about fairness than broken promises

Oct 31, 2022 08:44 am UTC| Economy

Several groups have opposed President Joe BIdens plan to forgive $10,000 to $20,000 of student debt. Photo by Paul Morigi/Getty Images for We the 45m President Joe Bidens plan to forgive US$10,000 to $20,000 of student...

Climate Change Series

What long-term economic stagnation means for climate change

Oct 31, 2022 08:41 am UTC| Economy

The financial shock the UK has recently suffered is of course bad for green investment. The Rishi Sunak-led government is also likely to use this crisis to push for further public spending cuts that will rule out a truly...

Bankers need to be personally liable to avoid future financial crises — new research

Oct 31, 2022 08:41 am UTC| Economy

Most financial crises have plenty in common. They tend to start in the banking sector and involve excessive borrowing, together with an asset bubble, usually related to property. The global crisis of 2008 was no...

Cathay Pacific announces resumption of flights using Russian airspace

Oct 31, 2022 08:25 am UTC| Business Economy

Cathay Pacific Airways Limited, the flag carrier of Hong Kong, announced it would start flying using Russian airspace again. The airline is set to resume travel via the Polar Route on Nov. 1. Starting on the said date,...