Saudi prince unveils ambitious reform plans with lesser details

Apr 26, 2016 05:48 am UTC| Commentary Economy

Saudi Arabias new powerful man, deputy crown Prince Mohammad bin Salman, unveiled plans on Monday to diversify the countrys revenue source and reduce dependency on oil. After unveiling his plans to the cabinet, MbS assured...

South Korean economy grows 1.5 pct q/q in Q1, exports to bottom out in Q2

Apr 26, 2016 05:22 am UTC| Commentary Economy

The South Korean economy expanded 1.5% q/q saar in the first quarter of 2016, according to the first quarter GDP estimate released today. This is the slowest pace in more than five quarters; however, it is consistent with...

Why the rand punches above the weight of South Africa's economy

Apr 22, 2016 08:14 am UTC| Insights & Views Economy

Is the size of the South African economy out of sync with the ranking of the rand as the 18th most traded currency in the world? The South African economy is the 33rd biggest in the world, with a gross domestic product...

Australia's housing sector likely to contribute less to overall economic growth in 2016

Apr 21, 2016 14:14 pm UTC| Commentary Real Estate Economy

The latest National Australia Bank survey data released earlier today showed that Australias Q1 business confidence came in at 4 (prior 5, revised from 4), while conditions stood at 9 versus prior 10, conditions for next 3...

How the deficit obsession is eroding the budget's usefulness

Apr 21, 2016 07:10 am UTC| Insights & Views Economy Politics

When government administrations change we can expect a change in the political spin, but anyone who has studied Commonwealth budgets over the years will have noticed something far more significant than swings between Labor...

Limits to growth: policies to steer the economy away from disaster

Apr 21, 2016 07:03 am UTC| Insights & Views Economy

If the rich nations in the world keep growing their economies by 2% each year and by 2050 the poorest nations catch up, the global economy of more than 9 billion people will be around 15 times larger than it is now, in...

Briferendum Series

Gove’s vision for the UK out of the EU: welcome to Vote Leave's parallel universe

Apr 21, 2016 06:48 am UTC| Insights & Views Economy

Vote Leave has finally set out their plan for the UKs future trading relationship with the EU, in the event of a vote to leave the Union in the forthcoming referendum. Justice secretary Michael Gove claims that Britain can...