Berlin (21/09 – 40) His Excellency Ranil Wickremesinghe, President of Sri Lanka, spoke at the General Debate of the 78th Session of the General Assembly on 21 September 2023, reflecting…
Tag:
Inflation
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EconomyFinancial SupportNews
Reserve Bank Will Have to Raise Interest Rates Again Because Inflation Still Too High, IMF Says
The International Monetary Fund says the Reserve Bank will have to increase interest rates again because Australia’s inflation rate on current settings won’t slow to within the 2%-3% target range…
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EconomyFeaturedGlobal NewsNewsWorld News
UK Inflation Rate Slides to 7.9% in June, Below Expectations
U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters had projected an annual rise in the headline consumer price index of…
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AustraliaEconomyGlobal NewsNews
From High Inflation to the Housing Crisis and a Possible Recession, Australia’s Economic Problems Need Meaningful Solutions
by Kit Westby Kit WestOne economic indicator has been bothering me for months. The Australian benchmark share market index is now close to an all-time high — roughly 3 to 4 percentage points away from…
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EconomyEuropeNewsUKUnited Kingdom
UK Inflation Poised to Slip Out of the Double Digits for First Time Since Last Summer
UK inflation is poised to slip out of the double digits for the first time since last summer in what could be the beginning of the cost of living crisis…
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EconomyEnergyUKUK Government
UK inflation will fall in 2023 but energy bills and taxes will rise as house prices drop
by Freddy Evansby Freddy EvansWar in Europe. Political turmoil. A stagnant economy. Soaring energy bills. The highest inflation rate in more than four decades. Higher interest rates. That was the story of 2022. Truly, the year just…
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