Russia’s Central Bank on Friday raised its key interest rate from 16% to 18%, a widely anticipated move as the country struggles to fight inflation amid surging spending on the war in…
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Inflation
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EconomyFeaturedGlobal NewsNewsSri Lanka
Sri Lanka’s Worst Economic Crisis In Decades
by Travis Foxby Travis FoxRome (16/11 – 57) Sri Lanka is mired in a deep political and economic crisis and the country’s then President Rajapaksa has flown out of the country, days after a huge crowd of protesters stormed his residence in July 2022. Protesters for…
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AsiaEconomyFeaturedGlobal NewsGovermentNational SecurityNewsPolitics
Sri Lanka Leader Succeeded In Bringing About Democratic Political Transition
by Koby Johnby Koby JohnBerlin (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…
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EconomyFood & DrinkUnited StatesWorld News
How Does US Food Inflation Compare to the Rest of the World? Fascinating Map Reveals Which Countries Are Seeing Prices Rise Fastest
by Koby Johnby Koby JohnFood prices are outstripping the general rate of inflation in the vast majority of countries thanks to a series of global crises, new data shows. Analysis by the World Bank…