Queensland's government will allocate $545 million to water security, including topping up North Pine and Lake Macdonald Dams. Treasurer David Janetzki confirmed no public service cuts but no return to surplus in four years. The budget also includes funds for new dam site scouting and rebuilding Paradise Dam.
Queensland's government plans a $545 million investment in water security, including topping up two south-east dams. Treasurer David Janetzki confirmed the funding for North Pine and Lake Macdonald Dams, aiming to boost water availability for households and agriculture. The budget also allocates funds for new dam site scouting and rebuilding Paradise Dam.
Aluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, projected to extend into 2027. However, increased supply from Indonesia and China is anticipated to create a market surplus next year, leading Goldman Sachs to maintain a bearish stance for the medium term.
Suite à un accord entre les États-Unis et l'Iran, le PDG de Rystad Energy prévoit un rétablissement rapide de la production pétrolière au Moyen-Orient et un excédent massif de l'offre dès 2028, grâce à la résilience des marchés et à l'augmentation des capacités de stockage.
South Korea's current account surplus with the US decreased to $111.42 billion last year, marking the first decline in six years, primarily due to a wider service account deficit. Surpluses with China and Japan also widened.
Oil prices dropped as the US and Iran signed an interim agreement to end the Iran war, reopen the Strait of Hormuz, and lift sanctions on Tehran's oil. This deal aims to resolve a major energy supply disruption, with WTI Crude trading at $76.10 and Brent Crude at $78.86.
La Cour administrative de Nantes condamne l'État à réparer le préjudice écologique causé par les algues vertes en baie de Saint-Brieuc et à réduire les déversements d'azote.
A surge in apartment construction has created a renter's market in some US cities, with landlords offering incentives like free rent. However, this trend is not uniform, with cities like Chicago experiencing significant rent increases due to high demand and limited supply.
Russia's current account surplus fell to $20.1 billion in January-April 2026 from $21 billion in the same period of 2025, according to the Bank of Russia. The surplus in April 2026 rose to $6.7 billion.
The US is in advanced talks with five companies to convert surplus plutonium into fuel for new nuclear reactors, driven by rising power demands from data centers. While companies see economic viability and an alternative to disposal, experts raise concerns over high security costs and terrorism risks associated with the dangerous material.
Russia's foreign trade surplus fell 3.36% YoY to $43.1 bln in Jan-Apr 2026. Exports rose to $135.4 bln, imports to $92.3 bln, increasing trade turnover by 4.83% to $227.7 bln.
L'articolo critica l'aumento dei dazi e l'abiura della cooperazione tra Paesi, evidenziando come la Cina stia scaricando il suo surplus produttivo all'estero. L'UE è esortata a unirsi per evitare di soccombere.
South Korea's trade balance with China has swung into a significant surplus, driven by a surge in memory chip exports. This marks a rare bright spot among East Asian economies facing pressure from China's rising competitiveness.
L'autoconsommation d'électricité solaire explose en France, avec une hausse de 78% des installations individuelles au premier trimestre. Cependant, cette tendance s'accompagne d'une multiplication par six des litiges liés à la revente du surplus d'énergie solaire depuis 2022.
Indonesia's economy presents a mixed picture with a significant narrowing of its trade surplus in April to $90 million, down from $3.32 billion in March. Despite this, exports and imports saw robust growth, indicating strong domestic demand and manufacturing activity. Inflation also rose in May, driven by transportation and food prices.
South Korea's trade surplus surpassed $100 billion in Jan-May, exceeding the 2017 annual record. While exports boom driven by AI and semiconductors, traditional industries and SMEs struggle, widening the economic divide.
Bloomberg columnist Javier Blas predicts a global LNG surplus and low prices between 2026-2030 due to expanded capacity. He doubts demand will match the projected doubling of production, suggesting prices must fall to incentivize consumption.
Delhi Gymkhana Club's surplus surged nearly tenfold to Rs 9.5 crore in 2023-24, driven by restaurants, bars, and banquets. The club maintains strong financial reserves despite land lease and legal challenges.
The Reserve Bank of India (RBI) will transfer a record Rs 2.87 lakh crore dividend to the government for FY 2026-27. This payout, the highest ever, will help manage the fiscal deficit and fund public spending amid global economic challenges.
RBI announced a record Rs 2.87 lakh crore surplus transfer to the Indian government for FY27, falling short of budget estimates. This payout, driven by foreign exchange gains and investment income, provides a crucial fiscal buffer amid rising energy prices and economic pressures.
South Korea's trade surplus in cosmetic products exceeded $10 billion for the first time in 2025, reaching $10.1 billion, a 13.5% increase from the previous year. This milestone highlights the K-beauty industry's significant growth, driven by global popularity of Korean cultural content.
South Korea's cosmetics trade surplus surpassed $10 billion for the first time in 2024, reaching $10.1 billion, a 13.5% increase from the previous year. Exports also hit a record high of $11.4 billion, making Korea the second-largest exporter globally, trailing only France.
Saudi Arabia's trade surplus surged by 218.9% in March, reaching its highest level since 2022, driven by a 37.4% increase in oil exports. The East-West pipeline played a crucial role in enhancing export efficiency and diversifying market access.
Tasmania's 2026-27 budget forecasts a deficit for the upcoming year, followed by a $192.5 million net operating surplus in 2027-28, with peak debt expected by 2028-29 before decline, according to Treasurer Eric Abetz.
