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1 – 10 of 12Under 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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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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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…
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DOI: 10.1108/OXAN-DB286744
ISSN: 2633-304X
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The surpluses seen this year and last have proved an unexpected bonus for Labor and will enable a modest spending increase as the party prepares for the general election due by…
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DOI: 10.1108/OXAN-DB287122
ISSN: 2633-304X
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Although Russia's economy continued to expand briskly in the first quarter, future growth will be at risk if current imbalances in the labour market are not addressed. Labour…