Economy

Next move on Vaccine: Government's agreement with AstraZeneca cateri...

Recently, Australia undertook strides to secure access to a promising vaccine in a move to diminish coronavirus pandemic and would offer free access t...

Road to Economic Salvation Not Easy For Chrystia Freeland, Canada's...

inancial reporting under the belt. Canadian Prime Minister Justin Trudeau has named deputy PM Chrystia Freeland as the new Finance Minister, afte...

RBA's Projection: What if the Cash Rate stays at 0.25 per cent for 3...

RBA held its cash rate at 0.25% in the latest monetary policy meeting on 4 August, and the move will continue to dampen the effects of coronavirus cri...

China’s CPI numbers and Australian tie-ups

Due to the coronavirus pandemic, countries around the world are experiencing a rise in prices of goods. Apart from the price increase, many territorie...

China exports grow 7.2pc in July while clouds loom over Australia-Ch...

Summary China's exports rose 7.2% in July, while imports fell 1.4% compared to a year ago. The rise in exports came due to the rising demand for m...

RBA charts out Economic Recovery Forecasts apparently with 'No Vacci...

Summary A rise in the number of coronavirus cases in Victoria post June has deteriorated the broader outlook of the Australian economy. The econom...

Leaf Through Three Key Factors Defining Travel Space Recovery Scenar...

Despite Australian Prime Minister’s recent statement on continuation of international travel restrictions for some months amid COVID-19 pandemic...

Weekly Economic Calendar: Upcoming Global Updates Under the Spotligh...

Summary Amidst COVID-19 storm, economies all across the globe have started to reopen in the hope of registering a pyrrhic victory post a bleak firs...

Can Negative Interest Rates Become A Reality For The British Economy...

Summary Benefits of a negative interest rate regime not very clear, especially in a very subdued demand scenario, due to the deadly impact of the c...

Five-Point Action Plan to Survive COVID-19 Storm

Summary The nation’s job market seems to be on track to defeat the pandemic, widening the professional skill set is crucial. Given the poten...

Why Did Trump Reignite Aluminum Tariff War on Canada?

(Featured image Source: Government of Canada Photos)   Summary United States President Donald Trump imposed tariffs on aluminum imports fr...

JobKeeper Scheme to cost an extra $15 billion amid Victoria crisis

Summary Changes worth $15 billion were made in the extended JobKeeper scheme. Businesses will now have to prove a decline in their GST turnover fo...

Labour Market Conditions in The UK Improve as More Sectors Open Up,...

Summary The REC and KPMG employment index for July stood at 43.4, up from 34.3 recorded in the month of July The improvement in the employment ind...

BP's plan for zero carbon emission by 2050, will other companies fol...

Summary Oil majors BP & RDSA have vowed to reduce carbon footprint by 2050 Supermarket operators SBRY & TSCO are likely to become carbon n...

Impact of Coronavirus on Australian Economy and Way Forward

Summary A start of the new pandemic that originated in Wuhan, China created a global health challenge and an economic catastrophe. Just after the...

Unemployment, Financial and Economic Crunch: 3 Things that Kiwi land...

Summary New Zealand’s critical unemployment scenario despite its significant success against the virus indicates an impending concern for the...

Second Page of the COVID-19 Diary: Business Insolvencies, Unemployme...

The Premier of Victoria Daniel Andrews declared new restrictions to limit the spread of coronavirus outbreak in Victoria and stated that the second lo...

Coronavirus effect: Virgin Atlantic’s bankruptcy increases spotlight...

Summary Facing the Covid-19 crisis, Virgin Atlantic filed for bankruptcy after a month old announcement of securing £1.2 billion in funding....

Goods exports to China are now nearly half of the total Australian E...

Summary Australian trade surplus rocketed to $8.2 billion in June 2020, driven by rising export of iron ore to China where surged steel production...

Prime Minister Scott Morrison’s Plan on Economic Recovery – 5 Aspect...

Summary A recent emergency state declared in Victoria put new challenges to the Australian health and economy. JobTrainer program is expected to c...