inflation
World has to work together to tackle inflation, energy crisis – Biden
World
June 19, 2022
World has to work together to tackle inflation, energy crisis – Biden
US President Joe Biden said Friday the whole world must work together to tackle inflation and mitigate the fallout of…
US Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years
Business
June 19, 2022
US Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years
The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive…
Pakistanis told to drink less tea as nation grapples with economic crisis
World
June 15, 2022
Pakistanis told to drink less tea as nation grapples with economic crisis
(CNN)Pakistanis have been urged to drink less tea to keep the economy afloat, as the world’s largest tea importer grapples…
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…