While Turkey’s economy started facing tailwinds even before the outbreak of the Covid-19 pandemic, its “authoritarian” President Recep Tayyip Erdogan and his absurd policies have led to a crisis amid the spread
Experts have said that rising inflation has been affecting the lives of the general people badly at a time when they are suffering from unemployment and less income….reports Asian Lite News Many
British government bond yields, which are sensitive to financial markets’ interest rate expectations, came within a whisker of their highest level since 2011…reports Asian Lite News Inflation in Britain rose faster than
Inflation in the eurozone hit a new record of 5 percent in December 2021, the highest level since recordkeeping began in 1997, the European Union’s statistical arm Eurostat said…reports Asian Lite News
In terms of capital flows, it noted that the hardening domestic inflation and a reversal of the ultra-loose policies in advanced economies have built up pressure on the Reserve Bank of India
Economists forecast that the currencies of Indonesia, India, and the Philippines will depreciate towards 2022. ..writes Sanjeev Sharma While “Covid shock” maintains its number one position among risk factors in leading Asian
The largest contributions to the inflation rate came from transport, principally from motor fuels and second-hand cars, and housing and household services…reports Asian Lite News The UK’s Consumer Prices Index (CPI) 12-month
When asked about the reasons behind inflation and unemployment, 50.6 per cent of them cited government incompetence, 23.3 per cent said corruption…reports Asian Lite News More than 90 per cent of Pakistanis
But prices rose across the board with second-hand cars among the biggest drivers of the inflation acceleration…reports Asian Lite News. Inflation has hit a 10-year high as household energy bills rocket, bolstering
Dombrovskis said there were several developments that risked hampering the recovery…reports Asian Lite News. Inflation in the Eurozone will continue to increase in the coming months owing mainly to rising commodity and