Tag: inflation
World
US Commerce Secretary: Biden may soon lift some tariffs on Chinese imports
U.S. Commerce Secretary Gina Raimundo announced in a televised interview that "President Joe Biden may soon eliminate some U.S. tariffs on Chinese imports" and...
Economy
Samsung reports lower-than-expected operating profit as inflation hits demand
Samsung Electronics posted lower-than-expected operating income in its preliminary second-quarter results as inflation weighed on consumer demand for mobile phones and other electronic devices.
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Economy
Thailand inflation accelerates to 14-year high
Inflation in Thailand accelerated in June to its highest level in 14 years, fueling expectations that the country's central bank will raise interest rates...
Economy
The economy of Qatar grew by 2.5 percent in the first quarter of 2022 year on year.
The Qatar Planning and Statistics Authority said that the economy of Qatar grew by 2.5 percent in the first quarter of this year compared...
World
Minister of Industry of Russia: Sanctions against Russia hit its owners, and we produce enough products and raw materials that the world needs
Commenting on Western sanctions against Russia, Russian Minister of Industry and Trade Denis Manturov noted that “sanctions, supply chain sabotage and deliberate outright disruption...
World
German finance minister refuses to increase spending: instead of curbing the consequences of inflation, we must fight its causes
German Finance Minister Christian Lindner dismissed a sharp increase in government spending as "the wrong way to deal with rising consumer prices."“The main contribution...