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‘Clear and present danger’: fuel prices could rise by 30c a litre across Australia under IMF scenario
المصدر: World news | The Guardian · نُشر
IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation Follow our Australia politics live blog for latest updates Get our breaking news email , free app or daily news podcast An International Monetary Fund scenario where glo
IMF’s World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation Follow our Australia politics live blog for latest updates Get our breaking news email , free app or daily news podcast An International Monetary Fund scenario where global oil prices jump to US$130 a barrel over coming months could push Australian petrol prices up by another 30 cents per litre and pile pressure on the Reserve Bank to hike interest rates, economists say. In its latest World Economic Outlook, the IMF modelled the impact on global growth and inflation from a worsening Middle East crisis that extended into next year, highlighting the “clear and present danger” to a resilient global economy from turmoil in commodity and bond markets. Continue reading...
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IMF warns global economy ‘could soon test the limits of resilience’
World Economic Outlook says states’ oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026 Developing nations face triple shock, UN warns The global economy “could soon test the limits of resilience”, as emergency oil stocks run low and g
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Queensland prison where children self-harm to get transferred ‘more suitable’ than police watch houses: ombudsman
Inmate advocacy group attacks watchdog’s ‘gutless retreat’ on Wacol youth remand centre Follow our Australia politics live blog for latest updates Get our breaking news email , free app or daily news podcast The Queensland ombudsman has backed away from calls to close a youth pri
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Analysis: Trump's global headaches worsen weeks before crucial elections
As election day looms, the president turns his eyes overseas for help with a pressing domestic problem.
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Qantas flight grounded after bedbug outbreak
The flight from Italy to Australia was cancelled after passengers on the plane's previous journey complained of bug bites.
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Middle East crisis: Riyadh airport hit again as Houthis claim attacks, including strike that killed 12 – as it happened
This live blog is now closed. You can read our latest full report here: Riyadh airport hit again after deadly Houthi missile attack, Saudi authorities say Some more Gulf reaction to Houthi’s deadly airport attack and continued threats to target Saudi airspace. In a significant me
World news | The Guardian ·