inflation
Russian Central Bank cuts interest rates from 14% to 11%, citing lower inflation
World
May 26, 2022
Russian Central Bank cuts interest rates from 14% to 11%, citing lower inflation
Russia slashed interest rates on Thursday as a resurgent ruble — buoyed by robust oil and gas revenues — takes…
Inflation has become for first time in decades a clear and present danger to many countries of the world: PM
Business
May 13, 2022
Inflation has become for first time in decades a clear and present danger to many countries of the world: PM
Inflation has become, for the first time in many decades, a clear and present danger for many countries around the…
Egypt expected to raise interest rates as well soon: expert
Business
May 5, 2022
Egypt expected to raise interest rates as well soon: expert
The US Federal Reserve’s decision to raise interest rates was expected, Mohamed Kamal, an expert in the financial sector, said,…
Amazon is adding a 5 percent fuel and inflation surcharge
World
April 17, 2022
Amazon is adding a 5 percent fuel and inflation surcharge
New York (CNN Business) – Amazon said Wednesday that for the first time in company history it will charge sellers…
UK inflation hits 30-year high of 7 percent
World
April 13, 2022
UK inflation hits 30-year high of 7 percent
London – British consumer price inflation leaped to its highest level in three decades last month, intensifying the pressure on…
Erdogan says Turkey will break shackles of interest rates
Middle East
February 17, 2022
Erdogan says Turkey will break shackles of interest rates
ANKARA, Feb 17 (Reuters) – President Tayyip Erdogan said on Thursday Turkey will break the shackles of interest rates and…
CBE keeps key interest rates unchanged
Business
February 4, 2022
CBE keeps key interest rates unchanged
The Monetary Policy Committee of the Central Bank of Egypt (CBE) announced at its meeting on Thursday, February 3, 2022…
Turkey tourism revenue doubled, trade deficit narrowed last year
Middle East
January 31, 2022
Turkey tourism revenue doubled, trade deficit narrowed last year
ISTANBUL, Jan 31 (Reuters) – Turkey’s tourism revenues doubled to almost $25 billion last year and the country’s trade deficit…
Turkey passes law exempting converted lira deposits from corporate tax
Middle East
January 21, 2022
Turkey passes law exempting converted lira deposits from corporate tax
ISTANBUL, Jan 21 (Reuters) – Turkey’s parliament approved a law late on Thursday under which lira deposits converted from foreign…
US consumer prices soared 7% in past year, most since 1982
World
January 12, 2022
US consumer prices soared 7% in past year, most since 1982
WASHINGTON (AP) — Prices paid by US consumers jumped seven percent in December from a year earlier, the highest inflation…