Global fund tips Australia to lead world in inflation
Australia is projected to have one of the highest inflation rates in the developed world as the Middle East conflict threatens a global recession, according to a dire scenario forecast…
Irish minister quits over govt response to fuel demos
An Irish junior minister has resigned in protest over the government’s response to a wave of public demonstration against surging fuel prices last week and says he will join the…
Disney CEO announces job cuts expected to total 1000
Walt Disney’s new chief executive Josh D’Amaro has announced lay-offs in an email to employees as he looks to streamline the company’s operations. About 1000 positions will be eliminated, according…
China lifts BHP iron ore bans after executive visit
China has lifted bans on procurement of the key steelmaking ingredient from mining giant BHP Group, sources tell Reuters, ending a months-long dispute following a visit by the miner’s top…
Orban’s demise a win for EU, and a big loss for Benjamin Netanyahu
The biggest loser of the Hungarian election has been overshadowed by blockade brinkmanship and Trump’s god complex. It’s Israel, writes Michael Pascoe. There were plenty of losers in Hungary on…
RBA watches business price rises closely as hikes loom
If companies are able to pass on costs from the Iran war more than previously thought, the Reserve Bank may have to hike rates even higher, a top official says.…
China’s March exports slow as Iran war wipes out gains
China’s export engine slowed in March as buyers chasing an AI-fuelled future ran into the hard reality of war in the Middle East, which has sparked an energy shock and…
War hits home for big Aussie bank as confidence slumps
Australia’s second-largest bank has warned that the Middle East conflict is creating challenges for customers, as confidence crashes to its worst level since the pandemic. Westpac, which will release its…
Viktor Orbán is gone. What does his fall mean for Europe? Our panel responds
Hungary’s return to democracy will be hard. But the impact of Péter Magyar’s decisive victory could be profound, inside the country and beyond Continue reading…
The Guardian view on Hungary’s election: democracy reclaimed | Editorial
The defeat of Orbánism is a globally significant political moment. But it is, above all, a triumph for the citizens who mobilised to take their country back Prior to his…