Economy


 Are The UK-EU Talks on Northern Ireland on The Verge of a Collapse?

Are The UK-EU Talks on Northern Ireland on The Verge of a Collapse?

June 10, 2021 06:34 PM AEST| By Suhita Poddar

Summary EU has threatened Britain over post-Brexit Northern Ireland trade. If required, the EU could go in for any type of action required – be it legal, retaliatory, arbitration or tariff based. Britain has requested the bloc to be more.....

 New Zealand May 2021’s Card Spending witnesses a Surge

New Zealand May 2021’s Card Spending witnesses a Surge

June 10, 2021 02:12 PM AEST| By Jasmine Anand

Summary New Zealand sees an increase in its retail card spending owing to the successful handling of the pandemic and opening of the trans-Tasman bubble The consumer confidence levels have now increased, resulting in strong growth in Kiwis&rsqu.....

 What Is Important To Our Health And Wellbeing?

What Is Important To Our Health And Wellbeing?

June 10, 2021 12:33 AM AEST| By Team Kalkine Media

As the pandemic rages on into its second year, the necessity of taking care of one’s health and wellbeing has taken an even greater degree of importance in today’s world. Living in good health and having a sense of wellbeing is central .....

 Irish Premier Urges UK and EU to Calmly Resolve NI Protocol Related Issues

Irish Premier Urges UK and EU to Calmly Resolve NI Protocol Related Issues

June 09, 2021 06:47 PM AEST| By Kamalika Ghosh

Summary The Irish premier has called upon David Frost, the British Brexit Minister, to engage with Maros Sefcovic, Vice President, European Commission to amicably sort out the row. The supplies of food and medicines from the UK to the NI are di.....

 March 2021 quarter sees a jump in electricity, wholesale sales in New Zealand

March 2021 quarter sees a jump in electricity, wholesale sales in New Zealand

June 09, 2021 12:07 PM AEST| By Sonal

The business financial data released today revealed actual sales values of 26 industries for the March 2021 quarter . The data comprises purchases, sales, wages and salaries as well as operating profit from most market industries in the NZ economy....

 Eyeing tax credits in 2021? All about frauds & renewals

Eyeing tax credits in 2021? All about frauds & renewals

June 08, 2021 02:41 AM AEST| By Abhijeet

Summary Tax credits are typically extra payouts from the government Mostly, the low-income individuals are eligible claimants In 12 months to 30 April 2021, phone scams rose 135 per cent The personal earnings of individuals have taken a n.....

 UK’s Business Confidence At 7-Year High in May but Delta Variant Can Play Party Pooper

UK’s Business Confidence At 7-Year High in May but Delta Variant Can Play Party Pooper

June 07, 2021 07:22 PM AEST| By Kamalika Ghosh

Summary UK’s business confidence soared to a seven-year high in May, according to the latest Business Trends by BDO. The easing of restrictions under the exit roadmap has played a part in upping sentiments. Services sector index included.....

 Government Reportedly Mulling Over Delaying Exit from Lockdown in England

Government Reportedly Mulling Over Delaying Exit from Lockdown in England

June 07, 2021 07:11 PM AEST| By Kamalika Ghosh

Summary Wearing of masks and social distancing restrictions are likely to remain in place until 5. The number of people with Covid-19 cases has risen by 75 per cent in England for the week ending 4 June. The Delta variant was said to be 40 per.....

 How Biden Plans To Cut 50% Emissions By 2030

How Biden Plans To Cut 50% Emissions By 2030

June 06, 2021 05:38 PM AEST| By Team Kalkine Media

The Joe Biden administration has set a target of a 50% reduction in greenhouse gas emissions in the US by 2030 as part of an ambitious plan to tackle the climate crisis head-on. The plan was announced during the Leaders' Summit on Climate, hosted .....

 Is e-commerce spelling doom for Australia’s brick-and-mortar stores?

Is e-commerce spelling doom for Australia’s brick-and-mortar stores?

June 06, 2021 12:33 AM AEST| By Furquan Moharkan

When e-commerce started picking up, many took it as a complimentary add-on to enhance customer service to existing physical retail stores. Gradually the e-commerce giants mushroomed in number, increasing their market share. But they were never a thre...

 Has the Australian economy turned the corner on COVID-19?

Has the Australian economy turned the corner on COVID-19?

June 06, 2021 12:13 AM AEST| By Damini

Summary The Australian economy is now officially above its pre-pandemic state. The slow vaccination rollout can put Australia’s post-COVID-19 economic revival at risk. The central bank expects strong economic growth in Australia for the .....

 Widened sewage testing can be pivotal in reducing Covid outbreaks

Widened sewage testing can be pivotal in reducing Covid outbreaks

June 06, 2021 12:01 AM AEST| By Abhijeet

Summary The United Kingdom has been quite effective in helping the healthcare administration to arrest the increasing rate of hospital admissions. The NHS Test and Trace has been exemplary in ramping up the testing services in various locations.....

 US Adds 559,000 Jobs In May But Labor Recovery Far From Over

US Adds 559,000 Jobs In May But Labor Recovery Far From Over

June 05, 2021 12:46 PM AEST| By Team Kalkine Media

Summary Number of new jobs grew up by 559,000 in May, double that of April. Still, it may take more than a year for full recovery of the job market. The US had over 9.3 million unemployed people in May. US employers added 559,000 jobs in .....

 A peek at Australia’s housing market

A peek at Australia’s housing market

June 05, 2021 12:52 AM AEST| By Team Kalkine Media

Summary The national housing value climbed 2.2 percent in May. The total housing loans increased by a 0.5 per cent in April for an annual pace of 4.4 per cent In the last quarter, this is for the second time that growth conditions in capital c.....

 How Green Exports Can Boost the UK Economy

How Green Exports Can Boost the UK Economy

June 05, 2021 12:14 AM AEST| By Suhita Poddar

The UK’s decarbonization and sustainability push has increasingly gathered momentum as the country aims to meet its ambitious net zero emissions target by 2050. According to a recent report by the UK’s business lobby group, Confederatio.....

 Will Government’s New Building Law Create More Affordable Housing in New Zealand?

Will Government’s New Building Law Create More Affordable Housing in New Zealand?

June 04, 2021 03:33 PM AEST| By Manika

Summary The New Zealand government introduces first set of reforms in the Building Act. Changes passed in the Parliament. Aims to boost housing supply for first home buyers. With a view to give a boost to building activity and housing sup.....

 How UK’s Services Sector Made Its Strongest Recovery in May Since 1997

How UK’s Services Sector Made Its Strongest Recovery in May Since 1997

June 03, 2021 11:29 PM AEST| By Kamalika Ghosh

Summary UK’s service sector made its strongest recovery last month since May 1997. The services sector grew 62.9 in May compared to 61.0 in April, as per IHS Market’s monthly Purchasing Managers Index. Unexpected client demand cont.....

 Can Animal Species Facing Threat Related to Climate Change Be Saved?

Can Animal Species Facing Threat Related to Climate Change Be Saved?

June 03, 2021 10:34 PM AEST| By Suhita Poddar

Climate change has become a main challenge for the world, and worryingly global heating has begun to threaten animal life across the world. According to the International Union for Conservation of Nature (IUCN), over 37,400 species globally are fa.....

 The World Is Shifting to Cleaner Energy Forms, but What About Sustainability?

The World Is Shifting to Cleaner Energy Forms, but What About Sustainability?

June 03, 2021 09:22 PM AEST| By Kamalika Ghosh

Summary Governments across the globe have come up with policies that encourage companies to change to alternative energy modes. Though there is more awareness now, it is also essential to look into the sustainability of these energy models. In.....

 UK Reaches Landmark Deal with The EU on Fishing Rights

UK Reaches Landmark Deal with The EU on Fishing Rights

June 03, 2021 08:52 PM AEST| By Abhijeet

Summary The agreement guarantees fishing rights of the British and EU fleet in EU and UK waters until the end of 2021. Fish worth around 650 million euros are caught every year by the European Union’s fishing fleets in the UK waters. The.....

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