IMF’s 2023 global growth estimate of 2.8 percent is ‘most worrisome’ as it projects weak growth over a longer period, she said.
Tag: Inflation
The Egyptian traditions endangered by rampant inflation | Food
Multiday weddings, the bereaved feeding the poor, and households taking pride in having the best homemade bread are all becoming things of
Fears of ‘unparalleled’ disruption as UK doctors launch strike | Inflation News
Up to a quarter of a million appointments could be postponed in the longest stoppage of the wave of unrest in the
Will the OPEC+ oil output cut make inflation worse? | OPEC
In a surprise move, OPEC+ slashes oil production by 1.6 million barrels a day starting in May. The Saudi-led oil producing group
Buenos Aires airport turns into unofficial homeless shelter | Housing News
At the start of the long Easter weekend, the airport in Argentina’s capital is eerily quiet before dawn, hours before it will
Inflation in Argentina surges past 100 percent in historic spike | Inflation News
The country’s inflation has not surpassed 100 percent in over three decades, as value of Argentina’s currency plummets. Inflation in the South
Silicon Valley Bank seized by FDIC as depositors pull cash | Business and Economy News
The bank failed after depositors – mostly technology workers and venture capital-backed companies – created a run on it. The Federal Deposit
US Fed still up in the air on speeding up rate hikes: Powell | Business and Economy News
Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasised that debate
US labour market continues to be strong | Business and Economy News
Labour market resilience and stubbornly high inflation have increased the odds the US Federal Reserve will continue to raise interest rates. The
US retail sales post biggest jump in nearly two years | Business and Economy News
United States retail sales increased by the most in nearly two years in January after two straight monthly declines as Americans boosted
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