Year: 2023

War is stopping Ukraine from paying its debts — here’s how international powers can continue to support its recovery

Ukraine is burning through money fast. The invasion by Russia has been costly for the country. According to the International Monetary Fund, Ukraine’s GDP could shrink by 35% as a result of the war. The country’s international grain exports have been severely hampered, with a recent deal to restart exports likely to move only some […]

Wages up as Americans are encouraged back to work and into the office – 3 takeaways from the latest jobs report

After a lackluster jobs report in September 2021, the latest news on employment gives Americans plenty of cheer about ahead of the holiday season. In total, 531,000 jobs were added in October – outstripping the already optimistic predictions of economists. This caused the unemployment rate to fall 0.2 percentage points to 4.6%. Even with those […]

Even with the eviction moratorium, landlords continued to find ways to kick renters out

Millions of renters in the U.S. lost a key protection keeping them in their homes on Aug. 26, 2021, with a Supreme Court ruling ending a national moratorium on eviction. The federal stay on evictions was put in place during the coronavirus pandemic to protect renters falling behind on monthly payments and therefore in danger […]

Racial income and wealth gaps are huge – but the Fed doesn’t have the right tools to fix them

Central bankers and economists from around the world are convening remotely for the annual Jackson Hole symposium on Aug. 27, 2021, to discuss the future of monetary policy. For the second year in a row, the annual conference will be virtual and the theme – Macroeconomic Policy in an Uneven Economy – seems appropriate given […]

Should Australia close its border to Bali in the fight against foot and mouth disease?

University of Canberra Professorial Fellow Michelle Grattan and University of Canberra Vice-Chancellor Paddy Nixon discuss the week in politics. With the new parliament starting next Tuesday, they talk about the prospects for the Greens’ push to secure a toughening of the government’s climate bill. They also canvass the coming grim news when Treasurer Jim Chalmers […]

What happened during the last government shutdown: 4 essential reads

The U.S. is (once again) staring down the barrel of a government shutdown. Barring progress on a spending bill to fund government agencies past Sept. 30, 2021 – and Democrats are busying themselves trying to get such a measure through Congress – federal workers could find themselves being sent home, or asked not to come […]

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