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Australia Biggest States Face Budget Strains on Cash Crunch - Vimarsana News

Australia Biggest States Face Budget Strains on Cash Crunch

(Bloomberg) -- Australia’s two biggest states will struggle to return their budgets to surplus as the economy sags under central bank rate hikes that also sent government borrowing costs soaring, according to ratings agency Moody’s Investors Service. Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DaySubway Offers Free Sandwiches That Come With a Lifetime CommitmentFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreHunter Biden Plea Deal in Limbo A

Source: yahoo.com
Oil Demand Growth to Slow Sharply as Peak Nears, IEA Says - Vimarsana News

Oil Demand Growth to Slow Sharply as Peak Nears, IEA Says

Global oil demand growth will taper off over the next few years as high prices and Russia’s invasion of Ukraine speed up the transition away from fossil…

Source: biztoc.com
May CPI Report Suggests Inflation Is Turning a Corner - Vimarsana News

May CPI Report Suggests Inflation Is Turning a Corner

Upward pressure on core prices remains stocky, but the Fed will likely pause rate hikes at its upcoming meeting.

US Plans to Buy 12 Million Barrels of Oil for Reserve This Year - Vimarsana News

US Plans to Buy 12 Million Barrels of Oil for Reserve This Year

The US plans to purchase about 12 million barrels of oil this year as it begins to refill its depleted emergency reserve amid falling crude prices, according…

Source: biztoc.com
Key Financial Trends of the Month (May 2023) - Vimarsana News

Key Financial Trends of the Month (May 2023)

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