ACN Business

The Arab embargo 50 years ago weaponized oil to inflict economic trauma – sound familiar?

Written by Jim Krane, Fellow in Energy Studies, Baker Institute for Public Policy; Lecturer, Rice University

Cars lined up for gasoline in New Jersey in 1973 as supplies ran low and prices shot upward.Frederic Lewis/Archive Photos/Getty Images

Fifty years ago, a secret deal among Arab governments triggered one of the most traumatic economic crises to afflict the United States and other big oil importers.

Saudi King Faisal and other Arab leaders launched...

Building a Strong Foundation: Key Pillars of Successful Business Operations
Strategic Business Planning: Charting the Course The very first step toward operational excellence begins with purposeful …
6 simple questions to tell if a ‘finfluencer’ is more flash than cash
Oleg Golovnev/ShutterstockImages of flashy sports cars. Lavish lifestyle shots. These are just some of the red flags consumer…
Australia’s superannuation regulator is worried about your fund’s spending. Should you be?
GettyImagesskynesher/GettyAustralia’s superannuation regulator has written to Australian superannuation funds raising c…
How Local SEO Helps Trade Businesses Win More Jobs in Competitive Areas
Running a trade business in a competitive area means ranking in local search results is non-negotiable. Visibility leads to…
‘I’m going to send letters’: the deadline for Trump’s ‘reciprocal’ trade tariffs is looming
Brendan Smialowski/AFP via Getty ImagesUS President Donald Trump’s 90-day pause on implementing so-called “recipr…
News laws to make it harder for large Australian and foreign companies to avoid paying tax
The Conversation, CC BYThe beginning of the financial year means for the first time in Australia the public will see previous…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

How Sydney Drone Photography Transforms the Way Properties Are Marketed
Key Highlights Drone photography provides stunning aerial perspectives, showcasing properties in a way that traditional photography cannot match. This innovative technology allows real estate agents to highlight property features, surrounding amenities, and…

Know your rights as an Australian whistleblower
The pandemic has put all Australian businesses at higher risk of fraud, corruption, and employee misconduct with the increased pressures on employees, executives, and business owners during the fight to…
Couple kick-start digital program for autism families
How a couple put all of their $85,000 in savings to start a program for autism families – which has this year grown 450%, and expanded into the US and…
Nick Pesch announced as new MD Australia and New Zealand at Randstad
Nick Pesch, formally National Director of Randstad Australia, is set to start the position of Managing Director Australia and New Zealand (ANZ) within the leading global HR and recruitment company…

The Next Generation of Maritime Sustainable Solutions

As organizations globally seek innovative ways to improve sustainability and their impact on Earth, the American Waterways Operators (AWO), a lead...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

THE FINE LINE WITHIN HILARIOUS SIGNAGE DESIGN FAILS

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

Deputy Announces Exclusive Global Partnership with Predelo to Bring AI to Shift-Based Businesses

Deputy, the global people platform for shift-based businesses, has announced an exclusive partnership with Predelo, an AI Decision Agent-as-a-Serv...

Leftover Budget? The Last-Minute EOFY Tip to Drive Business Success in FY25/26

The countdown is on. With just days left until EOFY, now’s the time to make your remaining 2024–2025 budget work harder and smarter. After workin...