Bloomberg Australian Prime Minister Malcolm Turnbull is at risk of losing his one-seat parliamentary majority with a new poll showing the ruling Liberal-National coalition running neck and neck with the opposition Labor Party in a by-election in the Bennelong district of Sydney to be held on December 16. The by-election came after incumbent Liberal MP John Alexander resigned because of ...

The Russian economy is once again relying on consumers, who are borrowing more to buy real estate and imported products. The growth is real, but it’s also meager. And it will be hard to sustain without bigger changes. On November 13, Rosstat, Russia’s official statistics agency, announced that the country’s gross domestic product increased 1.8 percent year-over-year in the quarter ...

As mankind puts the world’s largest living structure at risk, economists have come up with a new solution: put a price tag on it. Australia’s Great Barrier Reef is bigger than Japan, visible from space and one of the most complex ecosystems on earth. But it’s also under siege from climate change, agricultural runoff, coastal development and illegal fishing. Debate ...