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Showing 61 - 70 of 449 results for "Russia"

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
Australia's annual CPI inflation grew to 6.1% in the June quarter, slightly below the consensus forecast of 6.3%. Consumer prices rose 1.8% this quarter, again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... should be placed at the foot of the continuing impacts of COVID and a sharp increase in global energy prices associated with Russia's invasion of Ukraine. "While much is made of the link between increases in the costs of inputs (such as the price of ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
The US Bureau of Labor Statistics has reported that inflation has surged 9.1% over the last year, shooting up a torrid 1.3% in June alone. While inflation has surged to its highest level in 41 years, US president Joe Biden said the CPI data doesn't ...

Australia home to high proportion of women billionaires

CHLOE WALKER  |  MONDAY, 27 JUN 2022
... Together, they're worth $12.7 trillion-$400 billion less than in 2021. The most dramatic billionaire drops occurred in Russia, with 34 fewer billionaires than last year following Vladimir Putin's invasion of Ukraine, and China, where a government crackdown ...

Mammoth aggregate returns for ETF investors

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
Research from Stockspot has found that Australian investors made $10 billion in returns by investing in ETFs over the past 12 months. Despite market turmoil, rising inflation and the Russian invasion of Ukraine, research illustrated that the Australian ...

Tomorrow belongs to those who hear it coming: ASI

CHLOE WALKER  |  TUESDAY, 14 JUN 2022
... replaced by pessimism." According to Suter, a direct impact of the invasion was the disruption of grain and sunflower oil (Russia and Ukraine product 70% of the world's sunflower oil exports), as shippers can't get insurance to move items in ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Russia's invasion of Ukraine immediately slowed the recovery from the Covid pandemic and set the global economy on a course of lower growth, the OECD said. The intergovernmental organisation's latest economic outlook said global growth would ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
ASFA's latest insights show the annual increase in the cost of living for some retirees is the largest seen in 12 years. According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement ...

US Fed indicates several more half-percentage rate rises

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... in prior meetings participants again agreed that the economic outlook was highly uncertain. Developments associated with Russia's invasion of Ukraine and COVID related lockdowns in China posed heightened risks for economies around the world, meeting ...

Crestone warns on economic challenges

CHLOE WALKER  |  MONDAY, 23 MAY 2022
... China's rise in the Asia Pacific region, as well as the complexity of the broader geopolitical environment, including the Russia-Ukraine war. "Deglobalisation and the potential impacts on defence expenditure, other international commitments, and Australia's ...