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" Inflation"

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World - International
10/30/2022 12:24:24 PM
With inflation mounting and precarious geopolitical headwinds rattling Europe, Croatia hopes that its upcoming switch to the euro will bring some semblance of protection to the Balkan country in an uncertain world.

Egypt - Politics
10/28/2022 1:10:00 PM
The new $3 billion loan agreement with the IMF is a testament to the stability of Egypt's economy, PM Mostafa Madbouly said in a press conference on Thursday morning to announce the deal.

Business - Economy
10/27/2022 6:57:09 PM
The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy's health has emerged as a paramount issue.

Business - Economy
10/27/2022 4:09:08 PM
The European Central Bank piled on another outsized interest rate hike aimed at squelching out-of-control inflation, increasing rates Thursday at the fastest pace in the euro currency's history and raising questions about how far the bank intends to go with the threat of recession looming over the economy.

Business - Economy
10/27/2022 1:41:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has raised the key interest rates in an unscheduled meeting by two percent (200 bps) to reach 13.25 percent, 14.25 percent, 13.75 percent, and 13.57 percent for the overnight deposit rate, the overnight lending rate, the rate of the main operation, and the discount rate, respectively.

World - Region
10/24/2022 8:02:07 PM
In nearly every corner of the globe, people are spending more on food and fuel, rent and transportation.

World - International
10/24/2022 7:46:41 PM
Surging inflation, ongoing strikes, health crises and war in Europe: the UK's incoming prime minister Rishi Sunak faces major challenges -- as well as bitter rifts in the Conservative party.

Business - Economy
10/24/2022 12:43:51 PM
Coherence between the monetary and financial policies are crucial for the Egyptian economy to navigate the ongoing global economic crisis, especially the accelerating inflation, said Egypt’s former Minister of Planning and International Cooperation Ashraf El-Araby.

Business - Economy
10/23/2022 3:49:10 PM
Egypt’s Prime Minister Mostafa Madbouly affirmed on Sunday that Egypt prioritises curbing inflation over the issue of exchange rate, stressing that the devaluation of the Egyptian pound does not mean that the economy is in a bad situation.

Business - Economy
10/23/2022 1:43:34 PM
The ongoing global economic challenges has been affecting emerging and developing markets, including Egypt, putting heavy pressures on their economies and its exchange rate reserves, said the well-known economist and the President of Queens’ College Mohamed El-Erian.

World - War in Ukraine
10/22/2022 10:30:13 PM
In Romania, protesters blew horns and banged drums to voice their dismay over the rising cost of living. People across France took to the streets to demand pay increases that keep pace with inflation. Czech demonstrators rallied against government handling of the energy crisis. British railway staff and German pilots held strikes to push for better pay as prices rise.

World - International
10/22/2022 10:29:43 AM
In Romania, protesters blew horns and banged drums to voice their dismay over the rising cost of living. People across France took to the streets to demand pay increases that keep pace with inflation.

Business - Economy
10/20/2022 4:41:29 PM
The London stock market and the pound bounced on Thursday after British Prime Minister Liz Truss announced her resignation following disastrous policies that rocked the markets for weeks.

Al-Ahram Weekly - Egypt
10/20/2022 10:54:00 AM
Egypt is anticipating its fourth loan from the International Monetary Fund in order to boost the economy, increase foreign-currency reserves, and cushion the effects of the global inflationary wave.

Business - Economy
10/19/2022 10:41:51 PM
Major stock markets fluctuated Wednesday as investors tracked soaring inflation and positive earnings results.

World - International
10/19/2022 10:05:02 AM
U.K. inflation accelerated to a 40-year high in September as the soaring cost of food squeezed household budgets.

World - International
10/18/2022 2:55:19 PM
Industries across France went on strike Tuesday to push for pay hikes that keep up with rising inflation, ramping up the clash between workers and the government after weeks of walkouts that hobbled oil refineries and sparked gasoline shortages around the country.

Multimedia - In Pictures
10/16/2022 8:50:17 PM

World - International
10/16/2022 7:49:34 PM
Thousands of protesters, including France's newly crowned Nobel literature laureate, piled into the streets of Paris on Sunday, in a show of anger against the bite of rising prices and cranking up pressure on the government of President Emmanuel Macron.

Business - Economy
10/16/2022 1:21:43 PM
For the fourth month in a row, Fitch Solutions has raised its projections for Egypt’s real GDP growth in 2022 by 0.36 percent to 6.59 percent, up from 6.23 percent it projected a month ago, according to its updated report on MENA economic outlook. On the other hand, the report maintained its expectations for the country’s inflation rate at 13.2 percent through end of 2022 for the third consecutive month.

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