The Central Bank’s Balancing Act in Australia: Managing Inflation without Crashing the Housing Market
In early December, The Reserve Bank of Australia (RBA) lifted interest rates for the eighth consecutive month, taking its benchmark to 3.1%.
In early December, The Reserve Bank of Australia (RBA) lifted interest rates for the eighth consecutive month, taking its benchmark to 3.1%.
On Oct. 25, Hurricane Otis struck the city of Acapulco on the Pacific coast of Mexico, leaving the country with landslides, flooding, and devastation, becoming the second-strongest storm in Mexico's history.
On Friday October 4, 2024, the European Union (EU) finished voting on the proposed tariffs on Chinese electric vehicles (EVs). While countries like Hungary and Germany vocally disagreed to this proposition, a majority of EU countries had already voted in favor of the tariffs. The tariffs are only the beginning of a potential long-lasting economic cold war between China and the West.
