Business & Economy

Published: 17 October 2026. The English Chronicle Desk. The English Chronicle Online Australia’s mainstream political parties have been warned against adopting populist policies, including strict migration caps and tariffs, as a response to growing public frustration over the cost of living. Mathias Cormann, Australia’s longest-serving finance minister and the current secretary-general of the Organisation for Economic Co-operation and Development (OECD), argues that such measures risk worsening economic pressures rather than...

Published: 17 October 2026. The English Chronicle Desk. The English Chronicle Online Australia’s housing market is entering an unusual phase in which buying a home is becoming financially competitive with renting in an increasing number of suburbs, offering some tenants a potential pathway to homeownership after years of rising property costs. New analysis of housing data shows that mortgage repayments are now lower than typical rents in certain Australian locations,...

Published: 17 October 2026. The English Chronicle Desk. The English Chronicle Online US President Donald Trump has reignited controversy over the legitimacy of American elections after falsely claiming that Democratic Senator Jon Ossoff was never legitimately elected in Georgia. Speaking at a campaign rally in north Georgia, Trump repeated allegations that the 2020 election in the state was fraudulent and challenged Ossoff’s electoral mandate ahead of a closely watched Senate...

Published: 17 October 2026. The English Chronicle Desk. The English Chronicle Online US President Donald Trump has put a sweeping package of sanctions against Russia on hold, raising fresh questions about Washington’s strategy towards Moscow as tensions deepen between the White House and Ukrainian President Volodymyr Zelenskyy. The decision came just days before the restrictions were due to take effect and follows growing criticism of the administration’s approach to the...

Published: 16 October 2026. The English Chronicle Desk. The English Chronicle Online The United Kingdom could potentially establish a much closer relationship with the European Union within months of making a political decision to deepen ties, according to a senior European parliamentarian who played a significant role in the Brexit negotiations. Bernd Lange, chair of the European Parliament’s trade committee, has suggested that a “Switzerland plus” arrangement could offer Britain...

Published: 16 October 2026. The English Chronicle Desk. The English Chronicle Online Repairing the economic damage caused by Brexit should be one of Prime Minister Andy Burnham’s highest priorities as the government considers a closer relationship with the European Union, according to the head of one of Britain’s leading business organisations. Shevaun Haviland, director general of the British Chambers of Commerce, has argued that the UK’s current trading relationship with...

Published: 15 October 2026. The English Chronicle Desk. The English Chronicle Online Serbian President Aleksandar Vučić personally intervened in efforts to remove the protected status of a historic Belgrade building earmarked for a proposed $500 million Trump-branded development, according to an investigation based on interviews and leaked documents. The allegations have intensified scrutiny of the Serbian government, raised questions about the handling of a controversial property deal and placed renewed...

Published: 15 October 2026. The English Chronicle Desk. The English Chronicle Online Aardman, the British animation studio behind the internationally loved characters Wallace and Gromit and Shaun the Sheep, has reduced its annual losses substantially but failed to achieve its target of returning to profitability in 2025. The employee-owned company increased its revenue despite production delays and difficult trading conditions in the children’s entertainment market, highlighting the financial challenges facing...

Published: 15 October 2026. The English Chronicle Desk. The English Chronicle Online The UK economy unexpectedly returned to growth in August, offering a welcome boost to the government less than two weeks before Chancellor John Healey is due to deliver his first budget. Official figures showed that gross domestic product (GDP) increased by 0.1% during the month, defying economists’ expectations of a contraction and providing fresh evidence of resilience amid...

Published: 15 October 2026. The English Chronicle Desk. The English Chronicle Online. Donald Trump spent the latest day of the US midterm campaign trying to strengthen Republican candidates in closely watched races, using rallies in Arizona and Montana to energise his political base as Democrats increased spending in strategically important Senate contests. The president’s campaign appearances came as both parties intensified their efforts ahead of the November midterm elections, with...