Victoria Plans 10% Public Service Staff Cost Cuts
The Victorian government announces a plan to cut public service staff costs by 10% to save A$1.6 billion. Learn the details and potential impacts of this major austerity measure.
Category : Search result: rate cuts
WHO to lose nearly a quarter of its workforce by 2026
Massive WHO staff cuts of nearly 25% will severely impact global health security and disease outbreak response, experts warn. The world faces increased health risks.
Adjustable-Rate Mortgages: What You Need to Know
Considering an adjustable-rate mortgage? Discover how ARMs work, their risks, and if this variable-rate home loan suits your financial situation. Make an informed decision.
Adjustable-Rate Mortgages: A UK Buyer's Guide
Considering an adjustable-rate mortgage? Discover the pros, cons, and essential factors to determine if this UK property finance option aligns with your homeownership goals.
CSIRO cuts 350 jobs in major blow to Australian science
Australia's national science agency CSIRO announces up to 350 job cuts, described as 'worst cuts ever seen' and a 'sad day for publicly funded science'.
Bank Rate Rises Signal End to Interest Rate Cut Cycle
Westpac hikes fixed mortgage rates, signalling the potential bottom of the interest-rate cycle. Expert David Koch warns of higher-for-longer inflation, dashing hopes for imminent cuts.
Bank of England Summer Rate Cut Predicted by Goldman Sachs
The Bank of England's Monetary Policy Committee could implement interest rate cuts as early as June, with Goldman Sachs forecasting significant easing as UK inflation shows sustained improvement.
Pound crashes to 5-week low after Labour budget
Sterling tumbles to five-week low against US dollar as Chancellor Rachel Reeves's first budget announcement triggers market concerns over UK economic stability and potential tax increases.
Canada's recession budget imposes austerity measures
The Canadian government has unveiled a stark austerity budget featuring sweeping spending cuts and tax increases as the nation confronts its first recession in over a decade. Key public services face significant reductions while households brace for finan
Germany's population declines for third year running
New Eurostat data reveals Germany's population declined by 0.1% in 2023, marking the third consecutive year of natural decrease despite overall growth through immigration.
O2 confirms 8.8% price hike for mobile customers
O2 announces significant price rises for millions of UK mobile customers, with bills set to increase by up to 8.8% this April. Find out how this affects you and what your rights are.
Australian Mortgage Crisis: 1 in 3 in Severe Financial Stress
Exclusive analysis reveals nearly a third of Australian mortgage holders are experiencing 'severe financial stress' with interest rate hikes pushing thousands toward breaking point. Experts warn of potential defaults and economic fallout.
RBA holds rates steady, no cuts in sight
The Reserve Bank of Australia has dashed hopes for imminent rate cuts, maintaining current settings amid persistent inflation pressures and economic uncertainty.
Amazon axes hundreds more UK jobs in new cuts
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
Albania appoints world's first AI government minister
In a groundbreaking political move, Albania has appointed an artificial intelligence as its Minister of Birth Rate, marking the world's first AI government official with a mission to tackle demographic challenges.
Libor banker jailed for rate-rigging sues UBS for £400m
Tom Hayes, the first banker imprisoned for Libor manipulation, is suing his former employer UBS for £400 million, claiming the bank pressured him into misconduct then abandoned him.
Poland's Baby Bust: Why Birth Rates Are Plummeting
Poland faces a demographic emergency as birth rates plummet to record lows. Discover the economic pressures, changing social values, and political failures driving this silent crisis that threatens the nation's future.
Mortgage Shock 2025: Why You Must Act Now
Exclusive expert analysis reveals the looming mortgage crisis set to hit UK homeowners in 2025. Discover crucial strategies to protect your finances as fixed-rate deals expire and payments soar.
Mortgage Crisis: Millions Face £500 Monthly Payment Hikes
Exclusive analysis reveals over 2.4 million UK households face devastating mortgage payment increases of up to £500 monthly as fixed-rate deals expire amid soaring interest rates.
Russia's population crisis deepens amid war losses
New official data reveals Russia's population has fallen to its lowest level in decades, with record-low birth rates and war casualties creating a perfect demographic storm under Putin's leadership.
Japan's population crisis deepens as births hit record low
Japan faces an unprecedented demographic emergency as new data reveals the sharpest population decline in history, with births plummeting to their lowest level since records began.
Russia's population crisis deepens with 2M loss
New statistics reveal Russia's population has dropped by over 2 million since 2021, with deaths significantly outnumbering births as Putin's war and economic pressures create a perfect demographic storm.
Daily Habit That Saves Your Heartbeats Revealed
New research reveals how one straightforward daily practice can significantly reduce your resting heart rate and improve cardiovascular health. Discover the science-backed method that doctors are calling a 'game-changer' for heart wellness.
Poland's loneliness epidemic fuels birth rate collapse
As Poland's birth rate plummets to unprecedented lows, new research reveals a surprising culprit: a devastating loneliness epidemic that government financial incentives cannot solve.
UK Inflation Plummets to 2% Target
In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.
Hawkesbury Council approves controversial rate hike
Hawkesbury residents face financial strain as local council votes through significant rate increases despite overwhelming community opposition and heated public protests.
Philadelphia Police Dramatically Improve Murder Solving Rates
Philadelphia police are achieving remarkable success in solving homicides, with clearance rates surging to 63% this year through innovative investigative techniques and community collaboration.
Australia's fertility rate hits record low: 1.55 births per woman
New data reveals Australia's fertility rate has hit an unprecedented low of 1.55 births per woman, sparking concerns about future economic stability and population ageing.
How your heart rate affects insurance premiums
New research reveals how insurance companies are using fitness tracker data to set premiums, with your resting heart rate potentially impacting your wallet.
UK Wage Growth Slows Sharply as Job Market Cools
UK wage growth has hit its slowest pace in over two years while unemployment rises, signalling a cooling labour market. Meanwhile, Argentina secures IMF bailout and stock markets show mixed performance.
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