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July 27, 2025

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Economics

UN report: 80% of Gaza inhabitants relied on international aid before war

Unctad outlines conditions last year, with unemployment rate of 45% one of highest in worldIsrael’s blockade hollowed out Gaza’s economy and left 80% of its inhabitants dependent on international aid even before the current crisis erupted, the UN has s…

October 25, 2023
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Grim end to year predicted for Labor with high chance of at least two more interest rate rises

Strong quarterly inflation figures sends market scrambling as odds on for interest rate hike at Reserve Bank’s Melbourne Cup Day meetingGet our morning and afternoon news emails, free app or daily news podcastThe Albanese government looks set for a dis…

October 25, 2023
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Young Europeans more likely to quit driving and have fewer children to save planet

Exclusive: Poll shows young people willing to make big lifestyle changes but baulk at smaller gesturesThey are willing to have smaller families, stop using cars and – albeit in smaller numbers – go vegan for the planet, but abandoning single-use plasti…

October 25, 2023
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Australia’s inflation rate rose 1.2% in September quarter boosted by higher fuel prices

Quarterly CPI was higher than economists’ expectations and will increase speculation that the Reserve Bank may again raise interest rates Australia’s inflation rate quickened in the September quarter, boosted by higher petrol prices, adding to pressure…

October 25, 2023
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Climate activists force Fed chair Jerome Powell off stage in New York

On Thursday protesters chanted: ‘Off fossil finance!’ and held a banner reading: ‘Fed Is Burning: Money, Futures, Planet’The Federal Reserve chair, Jerome Powell, was escorted out of an event Thursday afternoon after a group of climate protesters brief…

October 19, 2023
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UK inflation: which goods and services have changed most in price?

From sugar to butter and transport to holidays, how the cost of everyday items variesUK inflation holds steady at 6.7% amid rising fuel pricesAnalysis: Sticky inflation puts Sunak’s target in jeopardyThe UK’s annual inflation rate unexpectedly held ste…

October 18, 2023
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Sticky UK inflation puts Rishi Sunak’s target in jeopardy

Ministers face anxious wait and consumers more pain on prices as September rate stays steadyUK inflation holds steady at 6.7% amid rising fuel pricesBusiness live – latest updatesThe latest inflation figures will be a huge disappointment to Rishi Sunak…

October 18, 2023
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UK inflation unexpectedly holds steady at 6.7% amid rising fuel prices

Rate is unchanged in September, raising questions over next Bank of England decision on interest ratesBusiness live – latest updatesUK inflation unexpectedly held steady in September at 6.7% as soaring fuel costs offset the first monthly fall in food p…

October 18, 2023
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Tories consider saving £1bn with lower state pension rise as pay growth cools

Ministers likely to be discussing 7.9% increase rather than 8.5% by choosing triple-lock figures selectivelyUK regular pay rises faster than inflationEarnings growth has peaked. Living standards are rising even though demand for workers is cooling. Min…

October 17, 2023
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UK regular pay rises faster than inflation, easing pressure on living costs

Wages outpace inflation for first time in almost two years, driven by growth in City of LondonAverage wage growth in the UK rose above inflation in August for the first time in almost two years, according to official figures, easing some of the pressur…

October 17, 2023
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  • Zangezur Corridor US project targeting Iran, Russia: Iranian leader’s aide July 27, 2025
  • Fresh wildfires engulf Turkey as 1,500 flee their homes and firefighter dies days after raging blazes killed 13 July 27, 2025
  • European Commission President meets Scottish first minister ahead of Trump visit July 27, 2025
  • Thailand and Cambodia show support for US-backed ceasefire July 27, 2025
  • Iran’s health minister urges immediate global intervention to stop Gaza humanitarian catastrophe July 27, 2025
  • Israeli military begins daily ‘tactical pause’ in parts of starving Gaza July 27, 2025
  • No Meals, Fainting Nurses, Dwindling Baby Formula: Starvation Haunts Gaza Hospitals July 27, 2025

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