Global meals costs rose in April for the primary time in a 12 months however are nonetheless some 20% up on a report excessive hit
Category: Economy
Major European cities see record rent hikes due to housing shortage
The rising development prices because of excessive inflation and rates of interest are worsening the scenario in main European nations amid an imbalance in housing
Turkish banks see $5.6B net profit in March
The internet revenue of Turkish banks amounted to TL 107.3 billion ($5.6 billion) in March, in accordance with information launched on Wednesday. The determine was
European Central Bank raises interest rates but slows pace
The European Central Bank (ECB) slowed the tempo of its rate of interest will increase Thursday, stepping again just like the U.S. Federal Reserve (Fed)
ECB raises interest rates by 25 bps to fight inflation
European Central Bank raises rates of interest by quarter-point to battle inflation, slowing tempo like U.S. Federal Reserve. Inflation outlook continues to be ‘too excessive
US Federal Reserve lifts interest rates by 25 basis points
The U.S. Federal Reserve hiked its benchmark lending fee by 1 / 4 level for the tenth consecutive time on Wednesday. The newest quarter-point improve
Over quarter-billion people faced acute food insecurity in 2022: UN
Over 250 million folks throughout 58 nations skilled acute meals insecurity final 12 months attributable to varied components spearheaded by conflicts, local weather change, the
IMF says inflation to slow growth across Mideast this year
Economies throughout the Middle East and Central Asia will doubtless sluggish this 12 months as persistently excessive inflation and rising rates of interest chunk into
‘Türkiye trade data reflects deal to stop flow of Western goods to Russia’
Türkiye’s commerce knowledge has began to mirror that Ankara has stopped permitting the re-exportation of sanctioned Western items to Russia after objections from Washington, a
Retailers struggle to predict demand as some shelves lie empty
While the “salad crisis” in British supermarkets made headlines earlier this yr, buyers throughout Europe and the Middle East additionally encounter scarcities of some important