Trump uncertainty set to smash Australian economy
Australia is not following the "bouncing ball" of Donald Trump's daily shifts, the treasurer says, amid predictions of a bigger-than-expected economic hit.
Australia is not following the "bouncing ball" of Donald Trump's daily shifts, the treasurer says, amid predictions of a bigger-than-expected economic hit.
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.
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.
The outlook for the global economy has improved marginally, with inflation likely past its peak and trending down over 2023 and 2024.
Another North Korean missile test has marred the opening of the APEC leaders' meeting in Bangkok.
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.