IMF Warns Australia Set For One Of Highest Inflation Rates In Developed World

The Five-Year Fuel Crisis Why The World Economy Is Paying For A War It Thinks Is Ending Authored by Larry C. Johnson via SonarIntelligence (Sonar21), Once again Karl W. Miller has put numbers to a problem that most of the commentariat still treats as a temporary price spike. His latest forward outlook, "The Five-Year Global Energy Crisis," dated October 3, makes an argument that should alarm every finance ministry from Berlin to Jakarta. The war's damage to Gulf energy infrastructure is not a disruption that ends when the shooting stops. It...

BOJ Keeps Rates On Hold In Rare 6-3 Vote Split As It Warns Of Looming Stagflation In the first G5 central bank announcement of the week, overnight the Bank of Japan held its benchmark interest rate in a 6-3 vote, despite forecasting a sharp rise in inflation as the war in the Middle East sends commodity prices higher and clouds the global economic outlook while testing Japan's given its exposure to rising energy prices. While the decision on Tuesday to keep rates at about 0.75% was in line with market expectations,...

Major Advertising Agencies Settle Media Censorship Lawsuit With FTC Authored by Jacki Thrapp via The Epoch Times (emphasis ours), The Federal Trade Commission (FTC) and eight states secured a settlement on April 15 that will prevent three major advertising agencies from engaging in unlawful media censorship. An American flag flies at the Federal Trade Commission (FTC) headquarters in Washington on Nov. 24, 2024. Benoit Tessier/File Photo/Reuters The defendants Dentsu US, Inc., GroupM Worldwide LLC (doing business as WPP Media), and Publicis, Inc. will no longer enter into deals that require them to restrict...