Economy

Inflation in the United Kingdom hit a new 40-year high last month, rising above 10% for the first time since 1982 and piling further pain on households already struggling to pay their bills. Annual consumer price inflation hit 10.1%…
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Ministers from Saudi Arabia and Greece came together with leading private sector officials to discuss ways to enhance economic and investment cooperation between the two countries at a special Forum on Wednesday. The meeting included…
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The Guardian newspaper wrote that Boris Johnson leaving the premiership is making the British economy in a state of collapse. She published an article in which she noted that Johnson came to Downing Street in July 2019 with a promise that…
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Agencies have quoted Germany's central bank that the country's economy will shrink by more than 3 percent in 2023, if Russian energy supplies are halted. And the bank continued, commenting that this “would be the worst recession outside…
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An American media report stated that Russia is capable of causing a major electricity crisis in the United States with one decision. According to the report published by "The Hill" by Matt Bowen and Paul Dabar, of the Center for Global…
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Elon Musk, Tesla's chief executive, said he had a "very bad feeling" about the economy and wanted to cut 10 per cent of jobs at the company. According to "Reuters", this came in an email sent by the American billionaire to the company's…
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Even though the business world is increasingly fascinated by the Metaverse, Noah Raford, futurist-in-chief and chief of Global Affairs at Dubai Future Foundation, claimed games, Web3 and virtual economies is where the smart money is.…
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Sri Lanka's central bank chief said on Wednesday the country's economy will "irreparably collapse" unless a new government is appointed within two days to restore political stability. Nandal Wierasinghe added that the recent wave of "mob…
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Volkswagen CEO Herbert Diess has called for a diplomatic settlement of the Ukraine crisis, the lifting of sanctions against Russia, and the protection of Germany and Europe as a whole from the upcoming economic crisis. "The negotiations…
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The head of the Fishermen's Syndicate in the Gaza Strip, Nizar Ayyash, said that there has been an Israeli escalation against Palestinian fishermen in the Gaza Strip in recent days, as part of a series of provocative actions carried out by…
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