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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...
Manoj Kumar, Reuters T.L. Wali, a 66-year-old lawyer in Delhi’s high court, had been looking forward to retirement. But with India’s living costs soaring, he is now forced to...
The German economy grew slightly in the first quarter from the previous one, data showed, with higher investments offset by the twin impacts of war in Ukraine and COVID-19 that...
The Narendra Modi administration on Sunday brought down retail fuel prices slightly in a bid to check inflation, which now stands at an eight-year high of 7.9 per cent. Fuel...
The Indian government is considering spending an additional 2 trillion rupees ($26 billion) in the 2022/23 fiscal year to cushion consumers from rising prices and fight multi-year high inflation, two...
India’s Finance Minister Nirmala Sitharaman on Saturday announced a reduction of taxes on petrol and diesel to fight inflation and keep prices of essential items in check. The excise duty...
