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Reality check for world economy as global virus surge threatens recovery

Reality check for world economy as global virus surge threatens recovery

The renewed surge in COVID-19 infections is threatening to further divide the world economy between the rich and poor, potentially damaging overall global growth if the fresh outbreaks spread or if key sources of demand falter.

  • by Enda Curran and Eric Martin

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New York property developers double down on a risky bet

New York property developers double down on a risky bet

Developers are making big-money bets that it’s only a matter of time before Manhattan is Manhattan again.

  • by Patrick Clark and Natalie Wong
‘It feels like winning the lottery’: confessions of a Sydney homeowner

‘It feels like winning the lottery’: confessions of a Sydney homeowner

They are too ashamed to admit it, but is there any guiltier pleasure for property owners than a Saturday morning stickybeak at a neighbouring property for sale?

  • by Jessica Irvine
The Fed is on the hot seat as the Great Inflation looms

The Fed is on the hot seat as the Great Inflation looms

The Fed would be wise to learn from the past as we sit at an extraordinary moment in economic history.

  • by Ambrose Evans-Pritchard
The IMF has offered some striking advice just in time for Josh Frydenberg’s budget

The IMF has offered some striking advice just in time for Josh Frydenberg’s budget

I’m old enough to remember when the fund was denounced by protesters for imposing harsh budget austerity. Times have changed.

  • by Matt Wade
The world’s richest people are trying to save the planet

The world’s richest people are trying to save the planet

Whether driven by megalomania, legacy-building, or purer motives, the world’s richest people are committing serious cash to one of humanity’s biggest challenges: tackling climate change.

  • by Rachel Millard
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An invasion of corporate zombies may still be on the horizon

An invasion of corporate zombies may still be on the horizon

When the pandemic hit there was expected to be a wave of corporate failures. It hasn’t eventuated, but there are grave fears over what the future holds.

  • by Stephen Bartholomeusz
Call to fast-track return of international students as state’s building industry takes $370m hit

Call to fast-track return of international students as state’s building industry takes $370m hit

Building industry leaders say knock-on effects from locking out foreign students because of the coronavirus pandemic is keeping 13,000 Victorians out of construction work.

  • by Noel Towell
‘Coiled spring’: The UK’s economic surge has taken the world by surprise

‘Coiled spring’: The UK’s economic surge has taken the world by surprise

It may not be an economic miracle, but the accelerating recovery now underway is a breathtaking turn of fortunes for the much denigrated British economy.

  • by Ambrose Evans-Pritchard
China’s booming economy is missing one crucial ingredient

China’s booming economy is missing one crucial ingredient

China is set to release stunning economic figures but one thing is missing - its citizens are reluctant to spend.

  • by Alexandra Stevenson and Cao Li
Delayed vaccination rollout will cost Australia ‘tens of billions’, say economists

Delayed vaccination rollout will cost Australia ‘tens of billions’, say economists

Australia’s recovery from the pandemic recession would be stronger if not for the tardy vaccination rollout.

  • by Matt Wade