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RBA faces rate dilemma after global markets turmoil

2014-10-17 11:08:14| Automakers - Topix.net

"There's this widespread view that the RBA can't move before the Fed, but the reality is they've done it many times.The issue's what it might do to the A currency," says CBA's chief economist, Michael Blythe. Photo: Lisa Maree Williams Turmoil in global markets has pushed out expectations for the first interest rate rise from the US Federal Reserve, threatening to hold up the Australian dollar and frustrate the Reserve Bank of Australia's hopes to start "normalising" its record low rates.

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Comment - Soft Drinks & Water - Russia in Turmoil

2014-09-09 12:09:00| Daily beverage news and comment - from just-drinks.com

Ray Rowlands of Drinksinfo Ltd takes a look at the changing face of the Russian beverage market and reviews the impact of the current economic and political situation on the country's demand for soft drinks.

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Global climate inaction mean economic turmoil for South Asia, warns bank

2014-08-23 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: The first comprehensive study ever issued on the economic costs that uncontrolled climate change would inflict on South Asia predicts a staggering burden that would hit the region's poorest the hardest. "The impacts of climate change are likely to result in huge economic, social and environmental damage to South Asian countries, compromising their growth potential and poverty reduction efforts," said the study, published by the Asian Development Bank. The cuts in regional GDP are so deep that...

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