Airstrikes, crippling inflation and a drop in foreign aid are raising alarms about a new humanitarian crisis in the world’s poorest Arab country.
Tag: Inflation (Economics)
New Freighters Could Ease Red Sea Cargo Disruptions
Analysts and shipping executives say they expect costs to fall later this year as companies receive vessels they ordered two to three years ago.
Turkey’s Central Bank Chief Steps Down Amid Long Inflation Battle
The government swiftly replaced her and said the change did not reflect a policy shift for the country, where annual inflation is about 65 percent.
U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says
The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
Eurozone Price Pressures Edged Higher to End the Year
Inflation in the countries that use the euro rose to 2.9 percent in December, but the underlying rate continued a downward trend.
Under Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubled
Javier Milei warned that things would get worse before they got better. Now Argentines are living it.
Bank of England Keeps Interest Rates at 5.25%, a 15-Year High
The Bank of England and European Central Bank both held their benchmark rates steady. Even though inflation has been slowing, they gave no indication of when rates would start to come down.
Argentina’s New ‘Anarcho-Capitalist’ President Starts Slashing
Javier Milei has railed against Argentina’s government for years. In his first week in charge, he’s begun cutting it down.
Europe and Asia React to U.S. Push for Tech and Clean Energy
Other governments, particularly in Europe, are trying to counter the Biden administration’s industrial policies with their own incentives.