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Economy
Why is stagflation back on investors' minds?
March 21, 2022 03:42 AM EDT| By Akanksha VashishtHighlights Many investors are again contemplating if global economies will face stagflation. The commodity shock brewing out of the Russia-Ukraine spat has sparked fears of stagflation. The prices of commodities have been impacted by dis.....
P&O Ferries: What’s happening after the firm slashed 800 jobs?
March 19, 2022 10:51 PM EDT| By Rishika RainaTwo days after announcing a major cutting back of jobs, P&O Ferries resumed its services two days after suspending jobs of its 800 crew members without notice as a cost-cutting exercise. The P&O Ferries is in the news after they ma...
What is Stagflation? How is it different from inflation?
March 19, 2022 10:35 PM EDT| By Rishika RainaThe term “stagflation” is coming up in a lot of discussions lately as the prices are soaring and the Russia-Ukraine war has worsened the already volatile economic situation in the UK. The fear of stagflation is looming upon Britons as t.....
What is Canada’s Health Portfolio and its role in healthcare?
March 18, 2022 09:34 PM EDT| By Team Kalkine MediaHighlights Health Canada is collaborating with provinces and territories for health system improvements The Canadian Food Inspection Agency is protecting human health from animal diseases such as avian influenza The Public Health Agency of Can.....
What is rent control? Can it help tame Australia's housing crisis?
March 18, 2022 05:55 AM EDT| By Akanksha VashishtHighlights Rent control could offer a solution to longstanding affordability concerns seen across the Australian property sector. Rent control policy has been implemented across multiple countries, including Scotland, South Korea, and Spain. C.....
What to expect from the Australian federal budget 2022?
March 17, 2022 02:00 PM EDT| By SamtaHighlights Australian federal budget is expected to be announced on 29 March. The FY22 budget will focus on building the economic strength of the country. The federal government focuses on the healthcare sector, supply chain issues.....
NZ returns to growth in December quarter, GDP up 3%
March 17, 2022 02:53 AM EDT| By ManikaHighlights GDP rises 3% in the December quarter The numbers are below economists’ expectations However, they are above RBNZ’s prediction The Gross Domestic Product (GDP) which is a snapshot of the economy, grew by 3% in .....
Why Russia-Ukraine war is a threat to global economy?
March 14, 2022 12:47 AM EDT| By Akanksha VashishtHighlights The escalating geopolitical tensions seem to be risking the global economy’s recovery from the pandemic. The war has highlighted the nations’ increased dependence on exports of food items and raw materials. Many car comp.....
What are some challenges BRICS countries face amid Russia-Ukraine war?
March 12, 2022 08:11 AM EST| By Sundeep RadeshBRICS – Brazil, Russia, India, China and South Africa – may be characterized as that combination of newly industrialized countries and powers, that may be too significant to be ignored by the West. They account for a combined total of n.....
Russia-Ukraine conflict: What are economic costs of a war?
March 11, 2022 09:06 AM EST| By Akanksha VashishtAs worrisome events unfurl from the Russia-Ukraine conflict, most individuals are left wondering what the aftermath would bring. The emotional and psychological torment caused by wars is hard to compute and is often neglected by those who are respo.....
US inflation climbs to 7.9%; food, housing become more expensive
March 10, 2022 04:57 PM EST| By Sanjeeb BaruahHighlights Excluding energy and food costs, consumer prices rose at an annual rate of 6.4% last month. The Russian invasion of Ukraine has turbocharged the prices of oil, wheat, and precious metals. Fed Chair Jerome Powell said last week that .....
How Russia-Ukraine conflict could affect Australian consumers
March 08, 2022 03:50 AM EST| By Akanksha VashishtJust as some level of stability was beginning to seep into global economies after the pandemic, nations are once again facing tougher challenges amidst the Russia-Ukraine war. For an average consumer, the events escalating in Ukraine might have mo.....
What should you know about warnings of World War 3?
March 05, 2022 11:09 PM EST| By Toshiva JainAs the Russia-Ukraine war escalates, tensions arise across the world about whether this can turn into “World War 3”. Russia has been stringently invading Ukraine; despite assertions from the US, the UK the EU, and other nations. So, wou.....
Why is Business Council against Morrison govt’s anti-trolling bill?
March 04, 2022 04:41 AM EST| By Priyanka PayalHighlights The Morrison Government’s anti-trolling bill, which aims to protect Australians from social media trolling, faces stiff opposition from the Business Council of Australia. The bill negates the decision of the High Court in.....
Biden’s State of Union: Will be first to halve deficit –key takeaways
March 03, 2022 01:26 PM EST| By Sanjeeb BaruahHighlights Biden vows to reduce the fiscal deficit to less than half from when he took office by the end of 2022. President Biden acknowledges the pain inflicted by inflation on ordinary people. Democratic senators have largely praised the pre.....
Bank of Canada hikes interest rates to 0.5%
March 02, 2022 10:47 AM EST| By Shreya BiswasThe Bank of Canada (BoC) said on Wednesday, March 2022, that it has decided to raise its interest rates to 0.5 per cent. This increase, which comes despite the ongoing economic tensions, is said to mark the first time Canada saw a hike in interest .....
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Will industry-wide sanctions be able to cripple Russian economy?
March 02, 2022 05:43 AM EST| By Sreenivas D AjankarHighlights Lots of sanctions have been imposed on Russia by several countries like the US, European Union, Australia, and the UK. Economic sanctions have become the most preferred tool to overcome geopolitical tensions and hurt the country&rsqu.....
Russia-Ukraine war impact on Asian economies
March 02, 2022 02:59 AM EST| By Toshiva JainHighlights The day Russia invaded Ukraine, stock prices in Asian countries experienced a steep fall. Russia is amongst the largest oil and natural gas producer, and the majority of the Asian nations depend upon the country for energy. Apart fr.....
5 stocks to buy in March as Russia-Ukraine war impacts commodities
March 01, 2022 06:35 AM EST| By Raza NaqviThe global equities markets are witnessing turbulent times due to the ongoing crisis between Russia and Ukraine. While the conflict may be happening in some other part of the world, it is expected to affect the entire world. Some analysts believe .....
What is SWIFT system & why is it crucial in the Russia-Ukraine crisis?
February 28, 2022 10:12 AM EST| By Kajal JainThe Russian invasion of Ukraine has brought the SWIFT, which stands for ‘Society for Worldwide Interbank Financial Telecommunication’, in the limelight for investors and other market enthusiasts. The United States, along with the Europ.....
