As geopolitical tensions rise and interest rates remain at elevated levels, 2024 will be another turbulent year for the global economy. This is especially true for emerging markets, which managed to avoid the crisis in 2023, but may find it difficult to do so again if global growth does not live up to expectations. In … Read more
ANP NOS Nieuws•vandaag, 07:45 The number of companies being declared bankrupt is increasing. In the whole of 2023, 3,271 companies went bankrupt, more than half more than a year earlier, according to figures from the Central Bureau of Statistics (CBS). Last year, various organizations increasingly saw entrepreneurs turning to them for help to avoid bankruptcy. … Read more
Dollar price USD The US dollar index witnessed a slight increase during Thursday’s trading, supported by the rise in US bond yields, especially after the release of very important economic data in the United States, led by; The consumer price index (US inflation) data for last December, and the US unemployment claims data for last … Read more
Gold prices rose on Thursday, while the dollar continued to decline ahead of inflation data in the United States scheduled to be published later that would provide more indications about the path the US central bank may take for monetary policy during this year. Gold in spot transactions increased 0.3 percent to $2,028.78 per ounce, … Read more
Development Minister Kostas Skrekas presented four “drastic measures” on Wednesday aimed at addressing “unfair trade practices” in an effort to curb soaring prices. Prime Minister Kyriakos Mitsotakis had previously outlined these measures. The first measure involves reducing discounts provided to supermarkets by suppliers to ensure lower prices. “We are limiting discounts to 30% and transferring … Read more
Havana: 500% increase in fuel prices in Cuba. The new price hike will come into effect from February 1 in the country, which is in a very bad economic condition. A liter of petrol currently costs 25 pesos (roughly Rs. 86.64). From February, it will be 132 pesos (Rs 457.50). The people of Cuba are … Read more
Jan 10, 2024 at 5:03 am Between 3 and 3.5 million employees received a one-off benefit in addition to a significant wage increase last year. This concerns an average amount of 946 euros gross, almost twice as much as in 2021. Companies are trying to retain their staff in this way due to the tightness … Read more
Joaquín Robles, XTB analyst, highlighted December CPI reading in the United States as “the most important data of the week” in order to determine the direction of the markets in the next seven days. Robles has assured that the markets will follow “the expectation of inflation data”in addition to the evolution of other economic perspectives. … Read more
Life in the new year is likely to become more expensive. Photo: imago/Lobeca//Felix Schlikis From insurance and health insurance and higher energy costs and dining out to vacation flights: rising prices could cause problems for consumers in the new year. We show where everything needs to be placed. It is currently difficult for many people … Read more
The rise in prices hasn’t exactly given food a boost in image. Nevertheless, our food is about much more than just the price, says Land Creates Life. Vienna (OTS) – 2023 was not an easy year for food. The increased energy costs have caused the prices for our food to skyrocket – with the result … Read more