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" Inflation"

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World - International
6/25/2022 12:21:54 PM
Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people's wallets, sparking a wave of protests and workers' strikes around the world.

World - International
6/24/2022 7:08:11 PM
A day after endorsing Ukraine's candidacy to join the European Union, the bloc's leaders turned their attention Friday to the severe economic turbulence from Russia's war in the neighbouring country as the conflict's full impact sinks in and the threat of recession rises.

Business - Markets & Companies
6/23/2022 11:48:40 AM
Asian markets mostly rose Thursday on bargain buying after the previous day's battering, though oil extended losses after US Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation.

Business - International
6/22/2022 6:38:30 PM
British annual inflation has hit a fresh 40-year high, official data showed Wednesday, further eroding workers' wages in a cost-of-living crisis, and heaping more pressuring the Bank of England to keep raising interest rates.

Al-Ahram Weekly - Economy
6/22/2022 11:34:00 AM
Doaa A. Moneim reports on what the Central Bank of Egypt’s Monetary Policy Committee will likely decide on interest rates this week

World - Region
6/22/2022 10:38:57 AM
Saudi Crown Prince Mohammed bin Salman is scheduled to arrive in Ankara on Wednesday, making his first visit to Turkey as the two regional heavyweights press ahead with efforts to repair ties following the slaying of Saudi columnist Jamal Khashoggi in Istanbul.

World - International
6/21/2022 11:12:24 PM
President Joe Biden said Tuesday he plans to talk with his Chinese counterpart Xi Jinping as he considers lifting some tariffs imposed on Beijing in a bid to ease US inflation.

Business - Markets & Companies
6/20/2022 11:46:48 AM
Markets were mixed Monday having pared earlier losses but sentiment continues to be clouded by fears that central bank moves to rein in soaring inflation will induce a recession.

Business - Economy
6/19/2022 11:34:00 PM
Finance Minister Mohamed Maait told MPs in a plenary session on Sunday that the drafting of Egypt's FY 2022/23 budget was prepared amid very exceptional circumstances, including foreign inflation brought about by the war in Ukraine.

World - Region
6/19/2022 9:47:30 AM
Outside his butchery in the south of Iran's capital, Ali cuts up a sheep carcass for customers who, like him, have seen inflation and subsidy reform devour their purchasing power.

World - International
6/16/2022 1:25:00 PM
The Bank of England has raised interest rates by a quarter-percentage-point, shrugging off pressure for a bolder move to combat price increases that have pushed inflation to a 40-year high.

Business - Economy
6/15/2022 8:26:48 PM
The Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points on Wednesday as it battles against surging inflation.

War in Ukraine - Economy
6/15/2022 5:04:17 PM
US President Joe Biden on Wednesday chastised the oil industry over soaring fuel prices at the heart of 40-year high inflation, warning of unspecified emergency measures.

World - International
6/15/2022 11:06:27 AM
Crisis-hit Sri Lanka is asking civil servants to take an extra day off each week to grow crops in their backyards in a bid to forestall a looming food shortage.

War in Ukraine - Economy
6/14/2022 2:11:28 PM
Bedevilled by high fuel and fertiliser costs, along with a labour crisis driven by Covid-19 restrictions, China risks a smaller autumn harvest that could supercharge demand for commodities just as the world can afford it least.

Business - Markets
6/14/2022 10:39:41 AM
Asian shares fell across the board Tuesday after Wall Street tumbled into a bear market, indicating that major U.S. benchmarks and individual stocks have fallen 20% or more from a recent high for a sustained period of time.

War in Ukraine - Humanitarian
6/13/2022 10:11:16 PM
The United Nations on Monday begged world trade ministers meeting at the WTO not to impose export restrictions on food for humanitarian purposes, amid a food security crisis.

Business - Economy
6/13/2022 1:33:42 PM
The yen plunged to its lowest level against the dollar since 1998 on Monday as sky-high US inflation fuels a widening monetary policy gap between Japan and the world's largest economy.

War in Ukraine - Economy
6/10/2022 1:36:19 PM
Russia's central bank cut its key interest rate on Friday as the country's economy recovers faster than expected following sanctions imposed on Moscow over its military action in Ukraine.

Business - Economy
6/9/2022 5:05:50 PM
Egypt’s annual inflation reached 15.3 percent in May, compared to 4.9 percent in the same month of 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said Thursday.

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