SYDNEY, AUSTRALIA – MAY 30: The Sydney Harbour Bridge and skyline is illuminated during Vivid Sydney 2024 on May 30, 2024 in Sydney, Australia. Brendon Thorne | Getty Images News | Getty Images Australia’s economic growth beat expectations in the second quarter, expanding 2.1% year on year, data released Wednesday showed. Economists polled by Reuters…
By Richard Johnstone on 14/07/2026 | Updated on 14/07/2026 The Senate of Canada building Recruitment of candidates will now focus on expertise in key Canadian strategic industries or areas of regulation – including technology and artificial intelligence – and social and economic affairs Canada’s prime minister Mark Carney has announced changes to the Senate appointments process…
News release Under plans in a consultation published today, funded reinsurance – which involves UK life insurers paying a large up-front premium to a reinsurer in return for future payments – would be treated more like other investments that UK life insurers hold, ending a regulatory inconsistency. As a result, UK life insurers using funded…
A view of the Damietta Port in Egypt where a drone attack caused fire on two ships, in this undated social media video obtained by Reuters on July 30, 2026. Damietta Port Authority | Reuters Egypt said Thursday that a drone hit two ships at its Mediterranean port of Damietta, as attacks on energy infrastructure…
The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. Greg Kaplan Disclosure Statement Greg Kaplan Current as of 24 June 2026 Current primary appointment: • Alvin H. Baum Professor, Kenneth C. Griffen Department of Economics and the College, University of Chicago…
Facing a 7% GDP contraction, the socialist island nation opens up to private banking and investment. In June, the Cuban National Assembly unanimously passed 176 economic reforms aimed at staving off an economic crisis partly caused by U.S. sanctions. Prime Minister Manuel Marrero announced the reforms, which aim to reduce the state’s presence in the…