Australia warned to get productive or be left behind
Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.
economic organization
EU grants Ukraine member talks but can’t agree on aid
European Union leaders have made a historic decision to open membership talks with Ukraine but opposition from Hungary has stymied a package of financial aid.
Global growth outlook slightly healthier, says IMF
The outlook for the global economy has improved marginally, with inflation likely past its peak and trending down over 2023 and 2024.
APEC marred by North Korea missile test
Another North Korean missile test has marred the opening of the APEC leaders' meeting in Bangkok.
EU boost for Kyiv, NATO warns of long war
Ukraine's EU prospects have bolstered Kyiv as it vows to prevail over Russia's invasion, but NATO warns the war could go on for years.