Economy
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EU rebuffs Montenegro plea to help repay $1B Chinese highway loan
Brussels on Monday rejected a call by Montenegro’s government to help finance a $1 billion Chinese loan for an unfinished…
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Housing affordability is a problem.
The idea that young Australians should be able to dip into their super to help buy their first home keeps…
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If Australia was more democratic, would its economic policies be better?
It comes from the ancient Greek word “ostraka,” which referred to shards of broken pottery or stone. Gareth Hutchens ABC…
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IMF boosts eurozone’s growth forecast
The International Monetary Fund on Tuesday revised this year’s growth forecast for the eurozone up to 4.4 percent of economic…
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Janet Yellen pledges greater US international co-operation
“America first must never mean America alone,” she said in her first major speech on its overseas economic policy. BBC…
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Fixing climate change, poverty and ocean plastic requires a ‘Moonshot’ approach, economist Mariana Mazzucato says
“We choose to go to the Moon in this decade and do the other things, not because they are easy,…
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Brazil plunges deeper into crisis with record monthly COVID-19 deaths and trio of military chief exits
Brazil closed out its deadliest month of the coronavirus pandemic by far on Wednesday as a surge of COVID-19 patients…
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German official calls for construction ‘moratorium’ on Nord Stream 2 to repair US relations
Germany’s Transatlantic Coordinator Peter Beyer on Wednesday called for a construction moratorium on the Nord Stream 2 Russia-to-Germany undersea natural…
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Biden to unveil plan for 21% global minimum tax
Joe Biden is proposing to plough $2 trillion (€1.7 trillion) in government spending into US infrastructure alongside $2 trillion in…
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New Zealand raises minimum wage and increases taxes on the rich
New Zealand is raising its minimum wage to $20 an hour and increasing the top tax rate for the country’s…
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Banks warn of ‘significant losses’ as they exit positions with large U.S. hedge fund
While neither Credit Suisse nor Nomura named the fund, it’s been widely reported that Archegos Capital Management is the firm…
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1 in 4 unemployed Australians has a degree.
A series of government policy reforms over recent decades aimed to increase the proportion of Australian workers with university degrees.…
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Greece and Egypt: Game Changers in the East Mediterranean’s Energy Geopolitics
Greece remains the third most unexplored country in the East Mediterranean with promising prospects of energy discoveries that are… Estimates…
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Confused about the massive ship stuck diagonally across the Suez Canal?
It’s not every day Egypt’s Suez Canal makes international headlines. Zena Chamas ABC News In fact, many people may have…
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The U.S. will remain richer than China for the next 50 years or more, says economist
“I think it’s very unlikely that … China will get to U.S. levels of GDP per capita — that’s our…
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Washington calls on allies to band together against China’s ‘economic coercion’
The U.S. is calling on like-minded countries to ward off commercial pressure from Beijing by uniting forces, U.S. Secretary of…
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