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Global energy crisis deepens as Hormuz disruption enters fourth week

The closure of the Strait of Hormuz has escalated into one of the most severe energy crises in decades, cutting off around 20 percent of global oil supply and sending shockwaves through food and industrial supply chains. As the conflict between the United States and Iran enters its fourth week, the scale......

Safe-haven currencies climb as Iran crisis rattles global markets

Safe-haven currencies strengthened at the start of the week as investors reacted to a sharp escalation in the conflict between Iran, the United States and Israel, driving money out of risk assets and into traditional shelters. The Swiss franc rose to its strongest level against the euro since 2015, while......

Australia and the United States forge partnership to secure rare earth supply chains

Australia and the United States have entered a strategic partnership to ensure reliable access to rare earth minerals, essential for defense systems, clean energy technologies, and advanced manufacturing. The agreement, signed in Canberra on Monday, reflects a joint effort to reduce dependence on China,......

Australia's Birth Rate Reaches Historic Low, Raising Economic Concerns

In a significant demographic shift, Australia recorded 286,998 births in 2023, resulting in a total fertility rate (TFR) of just 1.50 babies per woman, according to the latest figures from the Australian Bureau of Statistics (ABS). This marks a decline from the previous year’s TFR of 1.63 and continues......

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