Protests in Iran erupted due to persistent hyperinflation, leading to shop closures and clashes with security forces. Students and multiple cities joined, demanding economic stability. Merchants across Iran shuttered stores and people demonstrated in multiple cities on what is now … Read More
LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement, the bank’s nine-member Monetary Policy … Read More
LA PAZ, Dec 16 (Reuters) – Housewife Yola Chura worried about high food prices while shopping at a market in Bolivia’s highland city of El Alto, where she and many others are struggling with rising prices, stagnant wages and a … Read More
Eurozone inflation hit 2% in October, exceeding forecasts and up from September’s 1.7%, driven by services and food prices. Germany witnessed unexpected price increases. The euro strengthened. Inflation in the eurozone accelerated in October, with the consumer price index reaching … Read More
(Bloomberg) — Mexico’s Congress approved a constitutional reform proposed by former President Andres Manuel Lopez Obrador that would require annual minimum wage increases be higher than the previous year’s annual inflation rate. The Senate unanimously approved the proposal submitted to … Read More
BEIJING, Aug 16 (Reuters) – Another round of bad Chinese economic figures is raising pressure on Beijing to loosen the fiscal spigot further and even dole out shopping vouchers to get growth back towards this year’s target of roughly 5%. … Read More
For the first time in 30 years, Argentina experienced a zero-percent increase in the inflation rates of food and drinks during the third week of June, President Javier Milei confirmed on Monday morning. A study published on Sunday by Econométrica, … Read More
The move comes after the bank announced last month that it was pausing the hikes. ANKARA — Turkey’s Central Bank, in a unexpected move, hiked interest rates Thursday by another 500 basis points, from 45% to 50%. The monetary policy committee cited … Read More
Hong KongCNN — Japan has ended its negative interest rate policy, marking a historic shift away from an aggressive monetary easing program that was implemented years ago to fight chronic deflation. As part of the decision, the Bank of Japan (BOJ) … Read More
Greetings from Tyler, I’ve got good news and bad news. The good news is that a law has passed the Texas legislature that will allow the arrest of illegal aliens. The bad news is, it doesn’t take effect until March. … Read More