News
IMF OKs Burkina Faso Credit Review, New Resilience Deal
3+ hour, 11+ min ago (276+ words) Fiscal consolidation is on track. Due to strong revenue performance and spending discipline, the fiscal deficit in 2025 is estimated to have remained well within the program objective of 4.0 percent of GDP. This implies a tightening of 2.3 ppts of GDP since…...
Wages Lag Behind Soaring Costs Of Housing And Healthcare
1+ day, 2+ hour ago (454+ words) New quarterly ABS data released today show wages are not keeping up with inflation, as yet another bank, NAB, announces a quarterly profit of $2.1 billion. While wages rose 0.8% in the December quarter and 3.4% over the year, inflation climbed even faster…...
Preparing For Geoeconomic Fragmentation
4+ day, 11+ hour ago (675+ words) It is a mark of how much our world has changed that a central banker speaks at the Munich Security Conference on supply chains. A decade ago, this would have seemed like a category error. Today, everyone in this room…...
Economies Revamp Investment Policy Amid Global Shifts
6+ day, 1+ hour ago (220+ words) From supply chain resilience to digital investment and sustainability, economies across the Asia-Pacific are using investment policy to recalibrate growth strategies in a more fragmented global economy. Officials responsible for investment policy met in Guangzhou last week to examine how…...
Indonesia Reaffirms Responsible Business, Human Rights
6+ day, 5+ hour ago (208+ words) We greatly appreciate this initiative, which is in line with Indonesia's commitment to active participation in global supply chains, while ensuring decent work and strengthening inclusive and sustainable competitiveness. Under the four pillars of the Declaration, the Government and the…...
Fed Enacts Enforcement on Ex-Regions Bank Employee 13 February
6+ day, 12+ hour ago (52+ words) Fed Enacts Enforcement on Ex-Regions Bank Employee 13 February'Mirage News The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Consent prohibition order against Nicole M. Ramsey Former employee of Regions Bank, Birmingham, Alabama Misappropriation of customer…...
IMF Wraps 2025 Article IV Talks With Germany
6+ day, 13+ hour ago (360+ words) Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Germany. [1] 2 percent. Over the medium term, Germany still faces a persistently challenging growth outlook despite higher public investment, which is expected to provide a…...
More Power, Lower Prices
1+ week, 5+ day ago (438+ words) The Allan Labor Government is building a cleaner, cheaper energy mix, helping to strengthen the grid and ensure Victoria continues to consistently have the lowest wholesale electricity prices in the country. Minister for Energy and Resources Lily D'Ambrosio today announced…...
Families Paying Price For Labor's Failures
1+ week, 6+ day ago (281+ words) Federal Nationals Member for Page, Kevin Hogan, says the average mortgage holder is now paying over $23,000 a year more in interest compared with when Labor was elected. Mr Hogan said families have been dealt another blow this week, with the…...
Interest Rates Unlikely to Curb Consumer Spending
2+ week, 1+ day ago (201+ words) Comments attributable to e61 Institute Research Director Dr Gianni La Cava: "The RBA has cited growth in household spending as a factor prompting it to raise interest rates to combat inflation. But our research has shown that raising rates may not…...