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Jim Chalmers blames likely interest rate rise on Middle East war
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- Published
- Sep 28, 2026, 7:03 AM UTC
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Jim Chalmers
Australian politician (born 1978)
James Edward Chalmers is an Australian politician who has served as the treasurer in the Albanese government since 2022. A member of the Labor Party, he has been the member of Parliament (MP) for the Queensland division of Rankin since 2013.
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Middle East
Transcontinental geopolitical region
The Middle East is a geo-political region that is generally defined as encompassing all of Egypt and all of West Asia except for the Caucasus. It roughly corresponds with what was historically referred to in Western Europe as the Near East, which was juxtaposed with the Far East. Unlike West Asia's adherence to continental boundaries, the Middle East is demarcated by following political borders and consequently includes East Thrace in Southeast Europe because it is a part of Turkey.
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