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1 – 10 of 14Under pressure on cost-of-living issues, Canberra is reviewing competition laws to see what effect market dominance may be having in a handful of major sectors, including banking…
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DOI: 10.1108/OXAN-DB286078
ISSN: 2633-304X
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The reading, above market expectations, was largely supported by higher investment and household consumption amid a more benign environment of falling unemployment, inflation and…
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DOI: 10.1108/OXAN-DB287577
ISSN: 2633-304X
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These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…
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DOI: 10.1108/OXAN-DB286685
ISSN: 2633-304X
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Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
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DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
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The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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Soaring government spending, driven by the war in Ukraine, has pushed economic activity beyond levels many thought possible given the available supply of labour and capital. Yet…
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DOI: 10.1108/OXAN-DB287067
ISSN: 2633-304X
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Although raising fuel efficiency standards as a means of reducing emissions has been a high-profile issue for the government, last-minute concessions to the automotive sector will…
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DOI: 10.1108/OXAN-DB286708
ISSN: 2633-304X
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The decree targeted a rise in the value of agricultural production of at least 25% above the output of RUB7.6tn (USD86bn at current exchange rates) recorded in 2021. Putin also…
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DOI: 10.1108/OXAN-DB287538
ISSN: 2633-304X
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The EU has committed billions of euros to help Turkey deal with the impact of those refugees, but EU auditors said on April 24 that they could not determine the impact of that…
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DOI: 10.1108/OXAN-DB286743
ISSN: 2633-304X
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President Joe Biden has adopted a gradual approach to replacing fossil fuels with renewable resources, but a second term would see him under greater pressure to address record…