Trending now
Tag: inflation
Inflation is the root of UAW strike: Former Chrysler CEO
Former Chrysler CEO Bob Nardelli unpacks the United Auto Workers union strike on ‘Fox & Friends Weekend.’ #foxnews Subscribe to Fox News! https://bit.ly/2vBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news…
Will Europe’s heatwave fuel inflation? – BBC Newsnight
The extreme summer temperatures in Europe and Asia are not just affecting people’s ability to do their jobs, causing discomfort and a danger to health, and even life, but economists are increasingly pointing to evidence that it is also having an affect on inflation as crops fail, wine grapes shrivel, and vegetables dry. And it’s got a name – Climateflation. What is it, and what…
Lebanese struggle to put food on the table as inflation bites
Inflation and a devalued local currency that has lost 90% of its value, means many Lebanese cannot afford basic meals during this Muslim fasting month of Ramadan. The World Bank ranks Lebanon third in the world for food price inflation. Al Jazeera’s Zeina Khodr reports from Tripoli in northern Lebanon – one of the hardest-hit regions. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter…
Soaring energy costs drive Swiss inflation higher – data
Electricity providers increased prices at the beginning of the year, passing on an additional burden to households Consumer price inflation accelerated again in Switzerland at the start of the year, largely reflecting higher food and energy prices, figures from the Federal Statistical Office showed on Monday. Inflation rose 3.3% year-on-year in January, driven by surging gas and electricity prices. The rate exceeded economists’ forecasts…
German inflation accelerates
Consumer prices rose 8.7% year-on-year in January, official data shows Germany’s inflation rate rose 8.7% on the year in January and 1.0% on the month, the Federal Statistical Office (Destatis) said in a press release on Thursday. According to the preliminary data, consumer prices, harmonized to compare with other European Union countries, rose by a less-than-anticipated 9.2% year-on-year. Compared with December, prices increased by 0.5%,…
Emergency Measures to Be Implemented as Inflation, Ruble Depreciation, and Decreased Social Benefits Loom
Emergency Measures to Be Implemented as Inflation, Ruble Depreciation, and Decreased Social Benefits Loom NEW YORK (RichTVX.com) — The Russian economy is facing a severe crisis due to the collapse in prices for Russian oil and gas and a sharp decline in their sales. This has caught Putin and his technocrats off guard and the 2023 budget, which was built on the assumption that energy…
