Tag: falling
Falling petrol prices push UK inflation down
Falling petrol prices drove UK inflation down by more than expected in the year to March. Inflation was 2.6%, down from a rate of 2.8% in February, according to official data. But the fall may only be temporary as analysts say it’s expected to spike from April as rising bills and higher business costs take…
Falling Australian dollar spells bad news for travellers and shoppers
The value of one Australian dollar dropped to a low of 59.64 US cents, its lowest point since April 2020 Consumers and travellers will face higher prices after the Australian dollar fell to Covid-era lows, as markets reel from Donald Trump’s “liberation day” tariff plan. Fears of a global recession dragged the Australian dollar sharply…
World falling well short of climate goals, new report finds
The results are in on the world’s first climate change progress report: Drastic improvement is needed — and fast. The report, released Friday, is the technical synthesis report from the Paris Agreement’s Global Stocktake process, which is designed to evaluate the global response to the climate crisis every five years. The report will inform critical…
Falling house prices and drop in Victorian rental numbers could mark rise of owner-occupiers
Buyers looking to move in could benefit from 6.5% drop in market since March 2022 as state claims largest share of first home buyer finance Owner-occupier buyers in Victoria could benefit from an investor sell-off that has been gathering momentum alongside falling house prices, an expert says. Data from Victoria’s Department of Families, Fairness and…
Twenty missing after falling from boat in rough seas off Libya’s coast
Small vessel tilted after taking in water, according to seven survivors who reached Italian island of Lampedusa Twenty people are missing after falling into the sea from a tilting boat after it started to take in water in rough seas about 20 miles off the coast of Libya, according to survivors. Carrying 27 passengers, the…