The COVID-19 pandemic has shaken up the global economy in ways that were previously unimaginable. One of the most affected sectors has been the property market, which is now facing a reckoning in Britain. Many experts believe that the house price plunge has only just begun, and that the consequences of the pandemic will be … Read more
Inflation The price increase for food was 21.8 percent in 2022. (Photo: dpa) Frankfurt Despite sharply rising energy prices, disrupted supply chains and capacity bottlenecks, the past few years have not been years of crisis for many companies. Not only large energy companies recently reported record profits, but also companies such as BMW, Bosch, Hapag … Read more
The savings basket for families created by the Consell with the aim of alleviating the effects of the rise in prices could reach reach 4,500 euros per year for a family of four with two children aged 2 and 6 and one individual income of 30,000 and 38,000 eurosas announced by the Director General of … Read more
I wrote – Sherine Salah: The exchange rate of the dollar against the pound stabilized during Thursday’s trading, while the gold price reached record levels on the day the interest rates were raised. Today, the Monetary Policy Committee decided to raise the interest rate by 2% on deposits and lending, in line with observers’ expectations … Read more
Was last Sunday’s decision that Switzerland’s second-largest bank, Credit Suisse, which was founded in 1856, would be taken over by its larger rival UBS, as part of a state-backed rescue of the bank? It is not for nothing that some banks are said to have “too big to fail” status. Some banks simply do not … Read more
SCB CIO assesses after risk factors affecting financial institution stability Major central banks are expected to start signaling a halt to rate hikes within the second quarter and believe that there is a risk to financial institutions. Until it spread to become a crisis in the whole system, there are still quite a few Because … Read more
[AMNA] The Household Basket is a successful measure that, in combination with the Market Pass, has helped to lower inflation, Development and Investment Minister Adonis Georgiadis asserted in a press conference held on Wednesday. He announced that the Basket’s goods will be further expanded with the Godparent Basket, providing options for more affordable Easter gifts … Read more
19 mrt 2023 om 05:00 The rise in wages is driving inflation in the Netherlands. Many companies pass on the higher wage costs to the consumer. This means that certain products and services will become more expensive. “The higher wages are having an increasing impact on price increases. That is clear,” says economist Hugo Erken … Read more
Islamabad: It is reported that due to the increase in inflation in Pakistan, the poor people are not even able to find food. All low income families are unable to afford even food. Inflation increased by 0.96 percent this week alone. According to the Pakistan Bureau of Statistics, the annual increase is 45.64 percent. 28 … Read more
Inflation in the UK has caused the cost of living for ordinary people to rise exponentially. Reports indicate that people are facing its consequences in various ways. Yasem Kaptan, 46, from North London, is starving and feeding her six cats. They eat only one day a week. Yasem Kaptan says she has to starve to … Read more