The demonstration occurred on the heels of strikes at oil refineries, adding to a tense political atmosphere.
Tag: Inflation (Economics)
Elections Approaching, Erdogan Raises the Heat Again With Greece
Turkey’s president suggested that troops “may suddenly arrive one night” in Greece. With inflation rampant and the lira sinking, a manufactured crisis might be just the thing he needs.
Elections Approaching, Erdogan Raises the Heat Again With Greece
Turkey’s president suggested that troops “may suddenly arrive one night” in Greece. With inflation rampant and the lira sinking, a manufactured crisis might be just the thing he needs.
Lessons From Liz Truss’s Handling of U.K. Inflation
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.
French Refineries Strike May Presage a Winter of Discontent for Europe
Bitten by inflation, workers are demanding a greater share of the surging profits of energy giants. It’s the kind of unrest leaders fear as they struggle to keep a united front against Russia.
Your Friday Briefing: U.S. Inflation Keeps Soaring
Plus Europe’s search for energy and U.S. attempts to hinder China’s technological development.
U.K.’s Young Hobbled by Inflation
Sharp price spikes are forcing the country’s young to move back in with family and worry about finances just as many were hoping to move past the pandemic.
U.K. Borrowers React to Soaring Interest Rates in Mortgage Market
The financial turmoil in Britain has led to soaring interest rates, prompting many lenders to withdraw products and stoking worry among homeowners about rising costs.
Truss Takes a Bold Economic Gamble. Will It Sink Her Government?
Three weeks into her term, Prime Minister Liz Truss’s financial plans have thrown the markets and Britain’s currency into chaos and put her future in peril.
Wall Street Remains Unsteady After a Painful Stretch for Investors
Concerns about rising interest rates and the prospects of a global slowdown remain.