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Chile votes on constitution that would supercharge leftist shift

Bloomberg Chileans are heading to the polls for a referendum on a new constitution that prioritizes social rights and the environment, potentially steering a global investor favorite further away from its pro-market ethos. Voters will approve or reject the proposed charter written by a left-leaning Constitutional Convention, thus either replacing or keeping the basic laws enacted during the 1973-1990 dictatorship. ...

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Mired in war, Putin presses patriotism lessons on schools

Bloomberg After unleashing a wave of repression to crush opposition to his war in Ukraine, President Vladimir Putin is moving to shape attitudes among young Russians with a program of patriotic education in schools. Teachers nationwide are being ordered by the Education Ministry to deliver a special lecture on Sept. 12 titled “Our Country – Russia” that quotes Putin’s justification ...

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RBA risks crashing economy with rapid rate hikes: Analysts

  Bloomberg Australia’s central bank risks raising interest rates too far too fast in its efforts to contain inflation, opening up the possibility of tipping the economy into recession, senior economists warned. Unlike many international counterparts, Australians feel the impact of rate hikes quickly because about 60% of home loans are at variable rates, said Diana Mousina, a senior economist ...

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