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The US dollar is one important variable influencing oil prices. A stronger dollar helps push down prices because it makes oil, which is priced in dollars, much more expensive in much of the world.
Some insiders have, however, been opening up some doors, indicating that Aramco could have hit a possible production ceiling.
by Cyril Widdershoven - 19/06/2018 - 5 comments
And it's not just government departments who are guilty of it. Influential celebrities sometimes lever their popularity to try and change us for the better.
by Nicola Wright - 13/06/2018 - 10 comments
Community currencies help energize the local community (as distinct from the speculation and paper-shuffling of much of the high-end banking sector).
by Keith Suter - 13/06/2018 - 5 comments
Australian politicians are 'doubling down' again on their energy costs gamble. When their gambling goes awry, punters, and, inevitably, the economy, will pay.
by Geoff Carmody - 13/06/2018 - 13 comments
Deregulation is about reducing the economic and ethical burdens on businesses and consumers. This is done through removing both elements of, and entire, regulations.
by Darren Nelson - 8/06/2018 - 7 comments
The Italian President created constitutional crisis by taking umbrage to a Plan B from a notable economist.
by Michael Knox - 7/06/2018 - 6 comments
The EPA, as well as other agencies and departments of the Trump Administration, should continue to focus on reducing, not ‘improving’, regulations in 2018 like they did in 2017.
by Darren Nelson - 6/06/2018 - 3 comments
The evidence is growing by the day. Turkey's currency, the lira, has lost 20 percent of its value over the past two months. Argentina is seeking a bailout from the IMF.
Collaborative consumption is a powerful cultural and economic force, emphasising on not what we consume, but how we consume our goods or services.
by Michael Eddy - 31/05/2018 - 10 comments
The 'ability to pay principle' is no principle at all. It is a euphemism for 'take what you can get' and 'might is right'.
by David Leyonhjelm - 30/05/2018 - 24 comments
Here in Australia, a financial scandal involving the Commonwealth Bank of Australia sparked reforms to strengthen the anti-money laundering laws to include the likes of Bitcoin.
by Jessica Foreman - 24/05/2018 - 8 comments

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