The contest to succeed Boris Johnson as Conservative Party leader and prime minister has often seemed divorced from Britain’s fast-growing problems.
Tag: Inflation (Economics)
Why Many in Argentina Continue to Bet on Cryptocurrency
Even though cryptocurrencies have lost value, many Argentines see them as a less risky choice than their own currency, whose worth has plunged as inflation has soared.
As Soaring Prices Roil Britain, Its Leader Vacations and a Likely Successor Sidesteps the Issue
Britain is facing multiple economic shocks, from soaring energy prices to the hollowing out of the labor market by Brexit. But these issues seem disconnected from the fight to replace Boris Johnson.
U.K. Train Strikes Bring More Summer Disruptions
Travelers resigned themselves to additional days of struggles as workers seeking higher pay walked out, a day after Britain reported its highest inflation rate in decades.
Britons Brace for More Hardship as Prices Soar Amid Inflation
Cutting back on meat. Choosing cheaper supermarket brands. Stockpiling soap. Soaring prices force more sacrifices.
Inflation Hits the British Breakfast Table With Rising Food Prices
From bread to butter to baked beans, a survey of typical breakfast items makes clear that there’s no relief from rising inflation for Britons when they sit down for their morning meal.
Leadership Vacuum Heightens Worries as Crises Loom in U.K.
As energy prices and inflation soar under a caretaker prime minister, critics say transition at the top is leaving Britons in limbo at a tumultuous moment.
Russia’s Economy Contracts Sharply as War and Sanctions Take Hold
The country’s gross domestic product from April through June declined 4 percent from a year earlier, new government data shows.
Russia’s economy contracts sharply as war and sanctions take hold.
The country’s gross domestic product from April through June declined 4 percent over last year, new government data shows.
As Latin America Shifts Left, Leaders Face a Bleak Reality.
All six of the region’s largest economies could soon be run by presidents elected on leftist platforms. Their challenge? Inflation, war in Europe and growing poverty at home.