Tag: inflation
World
Pensioners in Greece rallied for their salaries
Hundreds of pensioners took to the streets of Athens to demand an increase in their pensions in the face of soaring inflation and higher...
Economy
Italy’s finance ministry expects the economy to contract in the third quarter and continue for the next two quarters.
The latest forecasts from the Italian Ministry of Finance showed that the Italian economy could contract in the third quarter of the year and...
World
New strikes paralyze UK rail network
On Saturday, the UK faced the biggest rail strike in decades, with tens of thousands of workers in three unions on strike over wage...
Economy
Morocco central bank raises interest rates to fight inflation
Morocco's central bank has decided, according to Agence France-Presse, to raise interest rates to 2 percent to match record inflation expected to reach 6.3...
World
UK Chancellor of the Exchequer: More tax breaks to be announced in the future
UK Chancellor of the Exchequer Kwasi Quarting announced that "further tax cuts will be announced in the future", noting that "I want citizens to...
World
The British pound fell to its lowest level against the dollar in 37 years
The British pound fell to $1.1170, its weakest level since early 1985, after the Bank of England raised borrowing costs by 50 basis points...