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The simmering economic crisis became worse on Wednesday when there was no wheat flour in the shops and no bread in the bakeries. Through the hot day, people stood in...
Liz Truss entered the British Conservative Party leadership contest with a solid lead of 24 points over challenger Rishi Sunak although policy differences between the two are not dramatic. The...
US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still keeping the economy growing, though they have made it clear they are...
The European Central Bank (ECB) raised interest rates on Thursday for the first time in 11 years by a larger-than-expected amount, joining steps already taken by the US Federal Reserve...
A surge in debt costs - pushed up by soaring inflation to twice their previous monthly peak - added to Britain’s budget deficit in June, which was its highest since...
Global stock markets climbed on Tuesday as equities rallied while the dollar was down for a third straight day as the door was opened for the European Central Bank to...
Russia's invasion of Ukraine sent economic shockwaves across not only Europe but also the broader Middle East. Pakistan, whose economy is already weak because of decades of corruption, mismanagement,...
World equities and US bond yields fell on Monday as investors braced for a US inflation report that could force another super-sized hike in interest rates, with policymakers battling rising...
Gulf Today, Staff Reporter Global gold exchange-traded fund ETFs registered 28t ($1.7b) of outflows in June. This was the second consecutive month of outflows, following the 53t that left...
India’s central bank will continue calibrating policy to preserve and foster macroeconomic stability while bringing down inflation and will remain flexible in its approach, Governor Shaktikanta Das said on Saturday....