All you need to know about JobKeeper Payment scheme

After the devastating effect that coronavirus had on world economies, governments around the globe needed to find a solution to keep people in jobs. A...

Australian Gross Domestic Product Slides 7%, Recession Bells Ringing...

Australia suffered its worst economic downturn on record last quarter. Latest figures on National Income, Expenditure and Product were released by the...

Second-hand car market rallies as individuals stay away from public...

The COVID-19 induced paradigm shift is evident writ large on the automobile industry, with a significant transition observed in the consumption patter...

Potential Resumption of International Travel in Australia: A Subject...

Disrupting the popular trend of domestic and international travel, COVID-19 pandemic brought an unusual misfortune for the Australian travel industry...

UBS Follows Suit of Other Investment Banks in Downgrading UK’s GDP F...

The data of British GDP published by the Office of National Statistics (ONS) earlier this month officially confirmed that the economy is now in recess...

Are The Prospects Of A No-Deal Brexit Increasing?

Michel Barnier, chief negotiator, European Union (EU) is a strong negotiant and has asked the EU states to be thick-skinned with Britain as the Brexit...

Are negative interest rates being considered for a long haul - ASX 2...

Interest rates are considered as the main lever to adjust monetary policy and maintain balance in the economy. Negative interest rates are an unconven...

Allow Takeaways at alert level 4 - Hospitality businesses, Is it Saf...

Prime Minister Jacinda Ardern earlier announced Auckland returning to Alert Level 3 with rest of the country at Alert Level 2.  The statement ca...

From CERB to EI: Canada Revises Pandemic Income Support Programs

Insurance premiums for workers and businesses kept intact at 2020 levels for next two years. Three more new one-year income support benefits proposed...

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...