Lira Crisis by admin · June 13, 2022 · no comment The cost of insuring against Turkey's government defaulting on its debt in the next five years has risen to its highest level in nearly two decades. On Monday, credit default swaps ... 0 shares
French Inflation Breaks Yet Another Record by admin · May 31, 2022 · no comment In May, consumer prices in the eurozone's second-largest economy increased 5.8 percent year on year, matching the median estimate of economists polled by Bloomberg, as rising energy and food prices ... 0 shares
Soaring inflation raises the prospect of a worsening global crisis. by admin · May 24, 2022 · no comment The US Federal Reserve and other major world central banks described the initial inflation rise as transitory and seen as a temporary phenomenon, primarily caused by the fast growth of ... 0 shares
Pakistan is on the verge of declaring bankruptcy. by admin · May 18, 2022 · no comment Pakistan's inflation rate has now reached 13.37 percent, ranking second in Asia only to Sri Lanka, which recently declared bankruptcy and is currently embroiled in political turmoil. Pakistan appears to be ... 0 shares
Britain’s Inflation Rate Soars to a 40-Year High by admin · May 18, 2022 · no comment Consumer prices increased by 9% year on year through April, the fastest rate since March 1982, according to the Office for National Statistics in a report released on Wednesday. Inflation in ... 0 shares
Sri Lanka is running out of gasoline by admin · May 17, 2022 · no comment Sri Lanka's newly appointed prime minister has stated that the cash-strapped island nation has run out of petrol, and that the country urgently needs $75 million in foreign exchange in ... 0 shares