Tag: inflation
Four lessons China must heed from Japan to get its economy back on track
If Beijing wants to get growth back on track, it needs to succeed in key areas where Japan failed following its bad-loan crisis. These include being bold, treating the causes not the symptoms, avoiding policy blunders and having the political will to act
The 'perfect storm' that caused Sara Lee's collapse in Australia
It's an Australian icon that everyone loves. However in the lead up to it's collapse Sara Lee was facing a perfect storm of challenges that ultimately led to the demise.
CNBC Daily Open: U.S. stocks shrug off hot inflation numbers
A hotter-than-expected CPI reading for January caused U.S. Treasury yields to increase. But stocks were remarkably resilient.
The US economy grew by 2.9% in the fourth quarter, more than expected | CNN Business
The US economy expanded again during the fourth quarter, registering solid growth to end 2022 even as consumers and businesses battled historically high inflation and rising interest rates.
Why Americans Feel So Poor | CNBC Marathon
CNBC Marathon explores why American workers’ budgets feel so stretched.The middle class was once a symbol of the American dream. It meant financial security ...
Global recession likely, say 63% of chief economists in WEF survey
Many chief economists had somber predictions about whether the global economy would fall into a recession in 2023, according to a World Economic Forum survey.
Inflation in Germany has reached an all-time high in more than seven decades
Inflation in Germany reached the highest point in over seven decades, according to the data released by the country's Federal Statistical Office.
A new kind of global recession: Why this time is different | Business Beyond
The global economy is at an inflection point. The IMF projects that a third of the world economy will be in recession next year. War in Europe, a slowdown in China and soaring inflation have contributed to widespread pessimism around a growing, multifacet...
Why US Wants Zelensky To Rescind "No Talks With Putin" Ban, At Least In Public | Russia-Ukraine War
The US is reportedly urging Ukraine to publicly soften its stand on talks with Russia amid global concerns over the war, as per media reports. The US wants Zelensky to project willingness to enter dialogue amid fears of “Ukraine fatigue” among partner nat...
Watch Live: Federal Reserve News Conference | WSJ
Watch live coverage of a news conference with Federal Reserve Chairman Jerome Powell.
Not Everyone Is Mourning The Queen’s Death & NASA Tests Planetary Defense System | The Daily Show
Queen Elizabeth II’s death prompts mixed responses across the globe, California becomes the first state to rank heat waves, inflation continues to be at an all-time high, and NASA attempts to knock an asteroid off course as part of its new planetary defen...
EU seeks ways out of its energy and inflation crisis | DW News
A big week for EU economic affairs: After the European Central Bank (ECB) announced an unprecedented rate hike yesterday, EU economic and finance ministers are gathering in Prague for an informal meeting. At the top of the agenda: the looming recession ca...
How Extreme Droughts Are Fueling Food Inflation | WSJ
Mexican chili peppers used in Sriracha. Italian risotto rice. American corn that’s used in nearly everything: these crops are vulnerable to high heat, and ex...
Lebanon: An economic crisis and the aftermath of the Beirut port explosion | DW Documentary
Lebanon is now going through the worst economic crisis in its history. 80 per cent of the population lives below the poverty line. In one year, food prices h...
Pakistan fried puri prices soar as inflation takes its toll
Pakistan’s statistics bureau announced on August 1, 2022, that the country’s annual consumer price inflation reached 24.9 per cent in July, the highest in 14 years. What does that mean for one of the country’s most popular fried snacks?
