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Turkey’s lira tumbled more than 2 per cent against the US dollar on Wednesday and its bonds dropped sharply as worries grew over a surge in inflation and depleted official...
The Reserve Bank of India’s (RBI) key interest rate was raised by 50 basis points on Wednesday as widely expected, the second hike in as many months, in a bid...
The World Bank has sharply slashed its annual growth forecast for China, warning in a report on Wednesday that Covid disruptions could further slow recovery in the world’s second-largest economy....
The Pakistani rupee on Tuesday broke all records against the US dollar after shedding 4 PKR in the open market as it surpassed the 205 threshold for the first...
A rally that lifted US stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the...
Turkey’s annual inflation rate jumped to a 24-year high of 73.5 per cent in May, fuelled by the war in Ukraine, rising energy prices and a tumbling lira -- though...
Eric Garcia, The Independent For all that combating gun violence has dominated the agenda this week, the Biden administration is trying to assure the American public that the president...
Eurozone inflation rose to yet another record high in May, challenging the European Central Bank (ECB) view that gradual interest rate increases from July will be enough to tame stubbornly...
British Chancellor of Exchequer Rishi Sunak has announced a 15 billion-pound relief package for stressed households grappling with a cost-of-living crisis because of higher energy bills, and a windfall tax...
Babies are falling ill and dying of hunger as Somalia suffers the impact of its worst drought in 40 years. A lack of rain for four consecutive seasons in...
