Due to restrictions on oil output and the conflict between Israel and Gaza, the International Monetary Fund has lowered its growth projection for the economies in the Middle East. The…
The currencies of Angola, Nigeria and Ghana have underperformed in Africa this year With one notable exception, African central banks that will be setting interest rates in the coming three…
Unofficially, the Central Bank of Kenya wants the core inflation rate not to exceed three per cent. Despite a notable decline in Kenya‘s overall consumer prices in June, core inflation,…
The cost of living crisis has been an ongoing issue in the UK despite the inflation levels having reached close to normal now Food inflation in the UK is now…
Today, the people of the country are forced to tighten their belts to buy beef which is the staple of the Argentina diet due to the increase in prices which…
Nigeria ranks as Africa’s top producer of oil, pumping close to 1.5 million barrels daily. However, this petrodollar nation is plagued with recurrent shortages of foreign currency, which hurt its…
The Labour Department’s report highlighted a significant increase in housing costs, emphasizing the ongoing struggle with increasing rents. In January, US consumer prices experienced a higher-than-expected surge, primarily due to…
The US dollar, a crucial currency for international transactions, has become increasingly scarce. Egypt, the Arab world’s most populous nation, finds itself in the midst of a severe economic crisis,…
Sharjah’s fiscal strategy pivots on augmenting public revenue by 5% in 2024 In a significant move aimed at fortifying Sharjah’s economic and social landscape, His Highness Sheikh Dr Sultan bin…
Turkey is set to raise its benchmark interest rate for the fifth consecutive time on Thursday as the country grapples with rising inflation, which is anticipated to approach 70% by…