Australia is a nation of “casual investors”. Is it time for a closer scrutiny of the pension system? | Satyajit Das

Australia is a nation of “casual investors”.  Is it time for a closer scrutiny of the pension system?  |  Satyajit Das

M.argaret Thatcher tried to convert Britain from a nation of merchants to a nation of shareholders. Mandatory retirement and low rates – until recently – on traditional bank deposits have converted most Australians into accidental investors. Since the 1980s, pension arrangements have shifted from defined benefits (an inflation-linked pension based on the last salary, paid … Read more

What to know this week

What to know this week

A series of inflation reports coming out this week could push or disrupt the market’s summer momentum. Investors will receive the latest indicator of how fast prices are rising in the US economy from three versions available in the coming days: PPI, CPI, and unit labor cost. The readings are expected to affect how Federal … Read more

Inflation reduction law: the Senate approaches the transition after a long debate

Inflation reduction law: the Senate approaches the transition after a long debate

Comment on this story Comment Senate Democrats worked on Sunday to quell a series of last-minute skirmishes that slowed the passage of a sprawling package aimed at lowering healthcare costs, raising corporate taxes, reducing the federal budget deficit and injecting a historic explosion. of money in efforts to combat climate change. After more than 17 … Read more

Zaporizhzhia: new missile attack on Ukrainian nuclear power plant, while the UN watchdog warns of “disaster”

Zaporizhzhia: new missile attack on Ukrainian nuclear power plant, while the UN watchdog warns of “disaster”

It was the second time in so many days that the plant, which is the largest of its kind in Europe, was hit. Ukraine and Russia exchanged the blame for both attacks. Rockets launched Saturday night hit near a dry storage facility, where 174 barrels of spent nuclear fuel are stored, according to Energoatom, the … Read more

Chainlink Staking: a new chapter in the LINK economy

Chainlink Staking: a new chapter in the LINK economy

Key takeaway Chainlink is Oracle’s best decentralized cryptocurrency network, known for providing pricing data to power DeFi applications. The network is planning to launch a token staking and node delegation system. The updates could help make Chainlink more secure and decentralized, potentially sparking renewed interest in the project. Share this article Plans to grow Chainlink’s … Read more