Inflation

Record inflation hits EU countries as sanctions against Russia kick in

<p> <strong>High inflation has hit the European Union as energy prices skyrocket amid the Russia-Ukraine war. While stringent sanctions against…

2 years ago

Inflation in India likely to spike as global oil prices soar past $100 per barrel

<p> <strong>The rising geopolitical tension after Russia announced a military operation in Ukraine has already pushed up global oil prices.…

2 years ago

Russia will have to tackle surging prices amid falling ruble as uncertainty rises in the region

<p> The steady devaluation of the Russian currency- ruble – in the last few days is expected to push up…

2 years ago

Desperate Turks embrace cryptocurrency abandoning worthless Lira

<p> <strong>As Turkey’s inflation hit 48.69 per cent in January amid the dramatic fall in the value of its currency,…

2 years ago

Turkey’s braces for the worst in the coming months as people queue up for food and medicines

<p> <strong>Amid the steady depreciation of the Turkish currency, lira –the worst performing currency in 2021, prices have been galloping.…

2 years ago

Nepal Oil declares itself bankrupt as Kathmandu’s tourism dependent economy hits a new low

<p> <strong>Sharp spike in prices in Nepal is hurting its common citizens. What is worse is that many believe that…

2 years ago

More economic pain for Turkey as Erdogan continues with his policies

<p> <strong>Turkey, which is in the middle of an economic crisis with surging inflation and falling lira—its currency, is expected…

2 years ago

Pakistan grappling with high prices, November inflation rate of 11.5%, the highest this year

<p> <strong>Pakistan’s common citizens continue to suffer as the inflation rate, as measured by the consumer price index (CPI), once…

2 years ago

Sugar turns costlier than petrol in Pakistan as economy heads for meltdown

<p> An imminent “economic meltdown” is putting Pakistan Prime Minister Imran khan under “immense pressure and bringing the threat of…

2 years ago

As Pakistan remains focused on Afghanistan, its people continue to fret over high food prices

<p> Pakistan, which remains focused on the developments in Afghanistan, has been struggling with a high inflation rate at home.</p>…

3 years ago