US President Donald Trump has intensified pressure on Japan and South Korea by informing their leaders of impending tariffs. Effective August 1, both nations will be subjected to a 25% …
tariffs
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- Finance
For decades, the US dollar has reigned as the world’s dominant currency. So why is it now on the decline?
by adminThe Australian dollar has recently strengthened, but this improvement isn’t solely due to its own merits. Instead, it is largely attributed to the underperformance of the US dollar, which has …
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The S&P 500 is nearing a record high, a stark contrast to just two months ago when it was teetering on the edge of a bear market. On Wednesday, the …
- Finance
World Bank Warns of Significant Threats to Living Standards as Global Economy Faces Worst Decade Since the 1960s
by adminThe global economy is anticipated to experience its lowest growth rate since the Global Financial Crisis, with projections of only 2.3% growth in 2025, as outlined in a recent World …
- Politics
Urgent Call for Meeting Between Albanese and Trump at G7: ‘Non-negotiable’ Pressure Mounts
by adminAs leaders prepare for the G7 summit in Canada, uncertainties remain regarding a crucial face-to-face meeting, primarily focused on defence and trade. Factors such as a scheduled military parade and …
- Politics
Trade Minister Claims US and European Agreements Could Lead to Lower Prices and Increased Wages
by adminTrade Minister Don Farrell has made a commitment to deliver lower prices and increased wages for Australians, contingent on securing new trade deals with the United States and Europe. As …
- National
Trade Minister Claims US and European Agreements May Lead to Lower Prices and Increased Wages
by adminTrade Minister Don Farrell has made a commitment to reduce prices and increase wages in Australia, contingent upon the government’s success in securing new trade agreements with the United States …
- National
PM Emphasises Biosecurity as ‘Top Priority’ Ahead of Beef-Focused US Trade Discussions
by adminPrime Minister Anthony Albanese has firmly committed to maintaining Australia’s stringent biosecurity standards amid ongoing trade discussions regarding beef with US President Donald Trump. This commitment comes as Cattle Australia …
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On Thursday, discussions ensued following former President Trump’s remarks on the challenges of negotiating with Chinese President Xi Jinping. Trump expressed his admiration for Xi on social media, stating, “I …
- Finance
The Australian Dollar Exhibits ‘Unusual’ Behaviour, Catching the Eye of the Reserve Bank
by adminThe Reserve Bank of Australia (RBA) has noted an unusual effect on the Australian dollar (AUD) stemming from the financial instability related to Donald Trump’s tariffs, despite the general negative …