A global recession in 2025 could be inevitable due to peak oil, rising interest rates, and energy scarcity, which will cause economic contraction, industrial decline, and social unrest.

New modelling reveals an election pitch to build seven nuclear plants would create an economic black hole in one state ...

Prime Minister Justin Trudeau's resignation sent the Canadian dollar higher against the American greenback on Monday. Here's why it matters for the loonie.

The unexpected coexistence of high inflation and high unemployment that emerged in the 1970s prompted economists at the time ...

However, growth for the financial year is projected to remain below FY24’s 8.2 per cent, with estimates for FY25 already ...

Over 74 years (1950–2023), the top 10% income share increased by 23.7 percentage points. Conversely, the middle 40% and ...

Indonesia's unaudited budget deficit for the 2024 fiscal year was 507.8 trillion rupiah ($31.38 billion), or 2.29 per cent of ...

Canada’s in a recession and has been for quite some time, says economist Lars Osberg. Perhaps not a true recession, according ...

Wage stagnation amidst high profits reduces aggregate demand, leading to production cutbacks and slower GDP growth ...

Vladimir Putin might have lost a slice of revenue after Kyiv closed its gas pipeline to Russian supplies, but Moscow already has alternatives for shipping the fuel that stand to shield it from any ...

The current model of sovereign credit rating has outlived its utility and is not in step with present global economic ...

Vietnam's gross domestic product grew 7.09 per cent last year to $476.3 billion, faster than the 5.05 per cent expansion in ...