Tag: inflation

Johnson: government to announce support for citizens to help bear burden of rising electricity and gas prices

Outgoing UK Prime Minister Boris Johnson announced in a televised statement that "the government will announce additional support for citizens next month to help...

UK Treasury: We are in an economic emergency that could last two years due to high energy prices

UK Chancellor of the Exchequer Nazim Zahavi pointed out that "the UK is going through an economic emergency that could last one and a...

Trump Calls for Removal of Republican Senator as Senate Minority Leader

Former U.S. President Donald Trump called on Republicans to "remove Republican Senator Mitch McConnell from his Senate Minority Leadership," accusing him of being "a...

Gold falls as dollar rises amid anticipation of Fed symposium

Gold prices fell and the US dollar rose after comments from a Federal Reserve spokesman left investors wary ahead of the Fed's conference later...

Thailand’s constitutional court suspends prime minister’s duties

Thailand's Constitutional Court has suspended Prime Minister Prayut Chan-Ochi's office pending a case that could see him fired.The court agreed to hear a case...

German Research Institute: Inflation wiped out savings accumulated during the coronavirus pandemic

Timo Wollmershauser, head of economic research at the German Ifo Institute for Economic Research, said that "inflation has wiped out the savings that Germans...

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