Oil-rich kingdom could run out of cash
THIS desert empire relies on its immense oil wealth to keep it among the richest in the world. But that could all be about to evaporate.
World Economy
China’s plan ‘verges on insane’
TODAY China is announcing an important, strategic nuclear deal in the West. It’s a game-changer, but experts are worried.
China growth hits six-year low
CHINA’S economic growth decelerated in the latest quarter but relatively robust spending by Chinese consumers helped to avert a deeper downturn.
Nobel Prize winner: ‘Is this a prank?’
“I’m just hoping it’s not a dream which I’m going to wake up from,” says the winner of the 2015 Nobel Prize for Economics, still pinching himself.
China’s scary people scoring system
CHINA’S latest scheme to maintain control over its people is terrifying. And there’s a chance it could spread around the world.
The $4 trillion debt time bomb
A TICKING time bomb of $4 trillion in debt is leaving the world economy in danger of a massive credit crunch, a new report has warned.
Why this deal makes us big winners
IT IS the historic deal that promises “enormous benefits” for all Australians. Here’s why we were big winners from the trade talks.
‘This is the biggest deal in 20 years’
AUSTRALIA is among 12 countries that have reached a US-led deal that will create the world’s largest free-trade area in the Pacific.
Leaders lock horns over cheaper drugs
IT’S been hailed as a groundbreaking deal that could boost global trade. But an argument between the United States and Australia could see it all scuttled.
China’s big challenge to Australia
IT’S your move, Malcolm Turnbull. China has made a huge statement on the environment that Australia would be foolish to ignore.
Why Pope Francis is ignoring the poor
THOSE who claim to speak for the poor and say that climate change is the world’s top priority are wrong. Their top priorities are health, education and jobs. OPINION.
Left-wingers return to power in Greece
A JUBILANT Alexis Tsipras vowed to continue fighting for his country’s pride after his left-wing Syriza party comfortably won the latest election.
Ikea’s crazy idea is paying off
FOR years Ikea has been doing a strange thing in China, letting people sleep in its stores. Weirdly enough, it could be the tool to save our economy.
Finance news you need to know
BUILDERS in the United States broke ground on fewer developments last month, a possible sign that the housing market may be plateauing.
Paid $30,000 for doing nothing
YOU wouldn’t expect this idea to work, because it makes a mockery of common sense. But it could change our society.
Finance news you need to know today
RUSSIA’S antitrust authority has found Google guilty of unfairly keeping rival services off mobile devices in a probe demanded by local search engine Yandex.
Refugees transform host countries
THERE are now more refugees worldwide than at any time since World War II. But what impact do refugees have on the countries that welcome them?
The filthy rich nations that won’t help
THE problem is right on their doorstep, and they could easily afford to help fix it, but instead these countries are doing absolutely nothing.
‘Dr Doom’ hits out at China fears
THE man who predicted the US housing market crash that preceded the GFC has hit out at “manic-depressive” investors panicking over China.
Luxury resort opens in war zone
THIS is a strange place in which to open a luxury resort. It’s expected to be completely “uninhabitable” within five years.
New trend in big game hunting
IT’S the industry that bankrolls some of Africa’s most dangerous militia and terrorist groups. Now the government is getting in on this sickening business.
State that’s giving away free homes
IT SOUNDS too simple, and perhaps too expensive as well. But one American state has actually tried this, and the results are truly incredible.
The cure for Japan’s failing economy
JAPAN is notorious for a brutal corporate culture where people literally work themselves to death, yet the economy is in free fall. Here’s the PM’s radical solution.
Finance news you need to know
CHINA’S central bank has cut its benchmark interest rates and the amount of cash banks must keep on hand.
Angry mob drags CEO from luxury hotel
DRAMATIC photos posted to social media show the moment the head of a Chinese company was dragged from his luxury hotel by a mob of angry investors.
Greek PM’s shock resignation
AFTER securing a third bailout with European creditors, Greece’s Prime Minister Alexis Tspiras has announced he is quitting and called an early election.
Finance news you need to know
GREEK politicians are preparing to vote on the terms of the country’s third international bailout since 2010, which have split the ruling radical left Syriza party.
Finland backs Greek bailout deal
FINLAND has given its approval for a third eurozone bailout package for indebted Greece, as long as dozens of preconditions outlined by creditors are met.
It’s time to worry about China
CHINA has just achieved something remarkable, but there are signs the golden run is about to end. Australia will feel the consequences.
China see slump in Aussie dollar
THE Aussie dollar has sunk to a new six-year low after Chinese authorities devalued its currency. We explain exactly what China did, and why.
Original URL: https://www.news.com.au/finance/economy/world-economy/page/55