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As Putin Orders That the Economy Be Fixed, Russia Grasps for Solutions

24 April 2026 at 17:07
Another interest-rate cut highlights the narrowing path for the country’s central bank amid the strains of immense wartime spending.

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

24 April 2026 at 08:12

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view

Australian households were already on edge before the bombs started falling in Iran.

The cost of living was high and inflation was accelerating again, forcing the Reserve Bank to start ratcheting up interest rates.

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© Photograph: Asanka Ratnayake/Getty Images

© Photograph: Asanka Ratnayake/Getty Images

© Photograph: Asanka Ratnayake/Getty Images

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