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Economy
What Is the UK Doing About the Climate Challenge?
June 12, 2021 12:43 AM AEST| By Suhita PoddarSummary Climate change threat is increasing every day, with the world having touched 419 parts per million of CO2 in the atmosphere in May 2021, the highest ever on record. The UK’s ambitious net zero targets and its plan to decarbonise s.....
Ocean Conservation: What Are Nations Doing to Protect Their Underwater Habitats?
June 12, 2021 12:25 AM AEST| By Team Kalkine MediaGreenpeace UK, on World Oceans Day, launched a six-month operation called ‘Operation Ocean Witness’ for patrolling the coasts of the UK. Its ship, called the Sea Beaver, would be on a patrol of the protected areas located off the southe.....
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UK Economy in April Records Its Fastest Growth Since July 2020
June 11, 2021 10:09 PM AEST| By Kamalika GhoshSummary UK’s GDP grew by 2.3% in April, its fastest growth since July 2020. Mining and quarrying sank sharply by 15% due to planned temporary shutdowns of oil production fields. Services sector recorded a growth of 3.4%, as consumer-faci.....
UK construction output soars 77% in April 2021, highest growth rate on record
June 11, 2021 08:53 PM AEST| By AbhijeetContinuing the upward trend of economic reversal, the macroeconomic factors showcased a meaningful rise in April 2021 led by a strong bounce back in all the major components including the construction output, manufacturing and industrial production.....
New Atlantic Charter to Be Signed in Bilateral Meeting of Boris and Biden
June 11, 2021 07:04 PM AEST| By Kamalika GhoshSummary Boris Johnson and Joe Biden met for the first time in the seaside resort of Carbis Bay. The new document read that the two nations remained united on the spirit of territorial integrity, peaceful resolution of tensions, and sovereignty......
New Zealand manufacturing on a slow but steady growth path
June 11, 2021 05:08 PM AEST| By ManikaSummary May manufacturing activity has shown improvement over April. Its PMI is 58.6, slightly higher over April’s 56.4. Manufacturing sector still faces challenges due to higher input costs and supply-chain disruptions. Manufacturi.....
US Consumer Prices Jump 5% in May, the Highest In 13 Years
June 11, 2021 07:41 AM AEST| By Team Kalkine MediaSummary Prices of used vehicles, airfares, hotel rooms, and apparels have gone up. It was the highest jump in prices since August 2008, when it was 5.4%. However, minus the energy and food prices, the core price index grew by 3.8% in May com.....
Are The UK-EU Talks on Northern Ireland on The Verge of a Collapse?
June 10, 2021 06:34 PM AEST| By Suhita PoddarSummary 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
June 10, 2021 02:12 PM AEST| By Jasmine AnandSummary 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?
June 10, 2021 12:33 AM AEST| By Team Kalkine MediaAs 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
June 09, 2021 06:47 PM AEST| By Kamalika GhoshSummary 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
June 09, 2021 12:07 PM AEST| By SonalThe 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
June 08, 2021 02:41 AM AEST| By AbhijeetSummary 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
June 07, 2021 07:22 PM AEST| By Kamalika GhoshSummary 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
June 07, 2021 07:11 PM AEST| By Kamalika GhoshSummary 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.....
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How Biden Plans To Cut 50% Emissions By 2030
June 06, 2021 05:38 PM AEST| By Team Kalkine MediaThe 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?
June 06, 2021 12:33 AM AEST| By Furquan MoharkanWhen 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?
June 06, 2021 12:13 AM AEST| By DaminiSummary 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
June 06, 2021 12:01 AM AEST| By AbhijeetSummary 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
June 05, 2021 12:46 PM AEST| By Team Kalkine MediaSummary 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 .....
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