Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won’t work.
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here’s why you should resist the strong temptation to do so.
The Trump administration’s promise of $12 billion in aid to offset losses from retaliatory tariffs will not make up for the long-term consequences of a prolonged trade war.
While the hurricanes last year dealt devastating blows to Puerto Rico, its challenges predate the storms and continue on today. They also offer new opportunities.
China turned inward during the Industrial Revolution after being a economic powerhouse for thousands of years. There are lessons about the dangers of Donald Trump’s isolationism in Chinese history.
The government’s plan released by Treasurer Scott Morrison on Thursday, would ensure the fiscal capacity of all states and territories was “at least the equal of NSW or Victoria, whichever is higher”.
An economist explores data on injuries, which states ban fireworks and other interesting stats on what President John Adams referred to as ‘illuminations.’
An objective elaboration and analysis of the government debt situation in Indonesia to help answer the public’s concern on the prospect of the country’s economy in the future.
The black economy is more common than we think – how many of us have paid tradies, gardeners or cleaners cash without the exchange of relevant paperwork?
Jenni Henderson, The Conversation and Rosanna Hunt, The Conversation
The 2018-19 federal budget will be handed down to parliament on May 8. But before that, take our quiz to test out your memories of the previous budgets.