Inflation
Inflation News
Furry Worries: People are abandoning their dogs and cats. Inflation is responsible
During the lockdown, people the world over brought pets to cope with loneliness and boredom. But as they return to pre-pandemic lives and inflation soars, many are unable to afford the upkeep of their four-legged friends and are giving them up
IMF has no solution to Pakistan’s problems, Defence Minister Khawaja Asif
According to reports, Pakistan faces record inflation and low foreign exchange reserves. The country's foreign exchange reserves are slightly over $3 billion- not enough for 10-15 days of imports
Pakistan running out of essential items as inflation hits new high
annual inflation hit a new record high of 38.42 per cent in cash-strapped Pakistan even as the Pakistani government continued to hike the prices of essential commodities
Need to think of the unthinkable, as we live in more shock-prone world: IMF warns
Kristalina Georgieva说国际货币基金组织认为,成本of living crisis which triggered in many countries following global inflation spike is subsiding
Pakistan’s crisis is only going to worsen: What happens if the country defaults
New York-based global ratings agency Fitch has warned that the ‘possibility of a default’ is real in Pakistan. If the country cannot repay commercial debt, its ability to import goods will be hit. This will lead to higher inflation, industrial losses, and a rise in unemployment
Life out of gear in crisis-hit Pakistan as inflation edges to 48-year high
The prevailing economic crisis has posed a serious challenge for the men on the street to struggle for survival with inflation rising to a record high in crisis-hit Pakistan.
Fast food chains report profits in US as inflation weighs on pricier restaurants
More full-time restaurants are expected to reveal their results later in February. Similarly fast-casual chains like Shake Shack and Sweetgreen will announce their earnings for the previous quarter in the coming weeks
Pakistan economy shutting down, but PM Shehbaz Sharif is in a generous mood as he sets up PKR 10 Bn fund for Turkey
Pakistan Prime Minister Shehbaz Sharif announced on Friday that his government has established a relief fund of 10 billion Pakistani rupees for the victims of the Turkey earthquake
How the Turkey earthquake is a big test for President Erdogan as elections loom
The stakes could not be higher for President Recep Tayyip Erdogan, who is battling the massive earthquake just three months before the most important test of his political career. He also faces accusations of cronyism and corruption along with criticism for botching the response to the disaster
Cash-strapped Pakistan, IMF fail to reach agreement to unlock bailout funds
However, Pakistan's finance secretary appeared optimistic that a deal would soon be reached to stave off bankruptcy, amid soaring inflation and a shortage of raw industry materials
Pakistan in worst economic crisis since formation, faces massive disaster
Serious questions have been raised about the Pakistan government’s capacity and capability to recover from this economic dead-end as till now, the country has taken 14 loans from the International Monetary Fund (IMF), but none of them has ever been fully returned
Sri Lankan coal company requests over $12 million to avert power cuts fear
The company, incorporated to procure and supply coal for coal-fired thermal plants of Sri Lanka, needed approximately 2 million MT of coal annually to meet the energy needs of the country.
Balochistan: Massive resistance against China threatens Pakistan's security
The CPEC projects and the operations by the Pakistan Army to secure them have resulted in mass displacement of the local population in the Gwadar region of Balochistan while a host of restrictions have been placed on local fishermen because of the construction of the Gwadar port
Pakistan faces more economic doom as PM Shehbaz Sharif warns of "beyond imagination" IMF conditions
A delegation from the International Monetary Fund (IMF) arrived in Islamabad last Tuesday for a dialogue with the Pakistan authorities and a review of the country’s financial systems in a last ditch attempt to revive a vital financial bailout package which has been stalled for several months now
Nirmala Sitharaman to Network18: FM's take on capex, privatisation and message to global investors
Finance Minister Nirmala Sitharaman said India remains a well governed and a very well regulated financial market
Strikes, scandals and more... How UK's Rishi Sunak has fared in office in his first 100 days
UK prime minister Rishi Sunak faces angry unions, worried Conservative Party lawmakers, and millions of voters as he marks 100 days in office
Pakistan sinking under highest inflation in almost half century
The development comes even as a delegation from the International Monetary Fund (IMF) is visiting Pakistan to review the economy and hold talks with Pakistani officials over a possible financial bailout
US layoffs hit two-year high in January as tech slashed thousands of jobs
The layoffs impacted 102,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier
Pakistan crisis: Can the country be saved from collapse?
Pakistan’s dire economic situation just keeps getting worse with reports of a double-whammy from the IMF and its forex reserves dropping even lower. Worse, Islamabad seems to be at odds with Beijing and is staring at a fuel crisis
Why did the US Federal Reserve raise interest rates by such a small amount and what does this mean for consumers?
通过增加利率四分之一个百分点,the US Federal Reserve is signalling that it believes the economy has begun to slow down and is on a path to two per cent inflation