Retiree costs jump amid higher electricity, insurance prices - financialnewswire.com.au

Fuel price spikes trigger protests in several countries

New cost of living data for September 15 indicate pensioner expenses climbed after energy and insurance costs increased. Almost half of Australians living in share accommodation are at least 40 years old. Global fuel price spikes sparked demonstrations in several countries. In Syria, price hikes prompted the biggest protests since Assad fell.

Australia is under economic pressure amid the breakdown of global trade rules, according to Nine.com.au. A Guardian report stated the Iran war cost the United States $38 billion and exhausted its missile inventory.

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