June 27, 2022

YOU DON’T SAY: Global economy ‘flashing red’, warns world’s central bank. “In analysis that suggests the federal government will struggle to meet its pre-election promises around real wages growth and budget repair, the Bank for International Settlements (BIS) used its annual report, released on Sunday, to warn of a global ‘regime shift’ that could lead to a repeat of the economic turmoil of the 1970s.”

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