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Record public spending ‘props up growth, but delays rate cuts’

Jim Chalmers says record government spending is stopping the economy from shrinking, but economists say it is delaying rate cuts and crowding out the private sector.

The Australian Financial Review |  | Fuente original

‘Sad economy without hope’: Deepest hit to living standards on record

Treasurer faces questions about his ability to manage economy as public spending props up national accounts.

Sydney Morning Herald |  | Fuente original

America’s Role Reversal: Working-Class Blacks Make Gains While Whites Fall Back

America’s Role Reversal: Working-Class Blacks Make Gains While Whites Fall Back

The Wall Street Journal |  | Fuente original

How Bangladesh’s Economy Was Siphoned Dry

Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.

The New York Times |  | Fuente original

South Korean opposition move to impeach President Yoon after martial law debacle

Lawmakers from opposition parties said they will propose a Bill to impeach Mr Yoon on Dec 4

The Straits Times |  | Fuente original

Huge Vietnam fraud case raises questions over banking system

A MULTI-BILLION-DOLLAR fraud scandal involving one of Vietnam’s most prominent tycoons exposed systemic weaknesses in the country’s banking sector, say analysts who warn other such cases could yet emerge. Read more at The Business Times.

The Business Time |  | Fuente original

Benefits beat seeking a job, minister admits

Alison McGovern says the system makes it hard for the long-term sick to find work, with the bill set to rise to £100bn by 2030

Yeni Safak |  | Fuente original

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