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At the end of their two-day meeting at Petersberg in Germany, the G7 finance ministers issued a communique, which expresses concern over the ever-rising inflation in the developed economies and...
The Russia-Ukraine war has taken a new economic turn with Russia imposing sanctions on Gazprom’s German and Polish subsidiaries, which would disrupt crucial gas supplies to these two countries and...
US and European stocks mostly advanced Wednesday despite data that showed US inflation slowed down less than investors had been expecting. Soaring inflation and the hiking of interest rates by...
The central banks across the world seem to have woken up to the reality of rising inflation, and they are using the one weapon in their hands, the interest rate,...
Business activity in the eurozone accelerated last month as the bloc’s dominant services industry took advantage of a further loosening of COVID-19 restrictions, offsetting a near-stall in manufacturing output growth,...
The World Bank has projected a contraction of the Ukrainian economy in 2022 to be 45 per cent and that of Russia to be 11.2 per cent. This is directly...
The G20 meeting of finance officials, held in Washington on Thursday, reflected the economic and political tensions in the world. The G20 comprising the advanced economies (AEs) and the emerging...
Street protests gripped Sri Lanka on Friday as demonstrators blocked main roads across the country, a day after hundreds tried to storm the president's home in anger over an...
The Russian invasion of Ukraine and the talks between the two countries in Belarus are proceeding with no sign of either process producing an early result. With the United States...
Switzerland’s newly adopted tough stance on Russia has forced the Swiss economy to readjust to sanctions, blowing a wind of panic through the raw materials market in particular. Switzerland announced...
