ylliX - Online Advertising Network

Bankrupt, bust or giving up: businesses shutter at pandemic levels

CreditorWatch chief economist Ivan Colhoun said businesses were facing the same cost pressures as consumers, including higher electricity, insurance and rental costs. “Together with some greater caution in discretionary spending and softness in interest-rate-sensitive sectors of the economy, this unsurprisingly has led to higher voluntary business closures and some rise in insolvencies,” he said. Loading […]

‘Mr Putin could end this conflict today’: Albanese makes case for peace at summit without solutions

The declaration highlighted the human suffering in Ukraine and the damage to global food and energy supplies but did not mention Russia and did not condemn the full-scale invasion that began in February 2022. “We welcome all relevant and constructive initiatives that support a comprehensive, just and durable peace,” it said. While Russian President Vladimir […]