DWP £400 monthly cash boost for state pensioners but millions missing out Attendance Allowance is going up from April in line with September's inflation rate of 10.1 percent Nottingham Post · Feb 21, 2023
Australia to flirt with recession this year, warns NAB Economists are warning Australia is at a heightened risk of recession in 2023 as the Reserve Bank keeps aggressively raising interest rates, with a per capita recession looking likely. ABC News · Feb 21, 2023
Coles reveals higher inflation despite easing fresh produce prices Grocery inflation at Coles worsened towards the end of last year, but the supermarket chain now says price pressures are easing. The New Daily · Feb 21, 2023
BHP first-half profit slides amid global headwinds Mining giant BHP has posted a drop in first-half profit, earnings and dividend on lower iron ore prices and inflationary pressures. AAP · Feb 20, 2023
How CFOs are bracing for a dismal financial outlook—and what they expect to happen After inflation set in and as the threat of recession looms large, chief financial officers are feeling the pressure. Fortune · Feb 20, 2023
2 Stocks on Track for Massive Gains in 2023 While Federal Reserve Chair Jerome Powell is trying to steer the economy toward a ‘soft landing,’ a strong job market will likely keep the Fed wary. Meanwhile, as investors mull over the Fed’s next steps, the market could remain volatile for some time. Hence, investing in fundamentally sound stocks, CVS… StockNews.com · Feb 20, 2023
Meal deals at risk as Wales considers supermarket ban Industry group warns against ‘regressive and irresponsible’ move to push up prices further at time of rampant inflation The Independent UK · Feb 20, 2023
When are the next NHS ambulance strikes? Ambulance service trusts throughout England and Wales are fighting for a pay rise in line with inflation Evening Standard · Feb 20, 2023
Mercedes CEO Speaks Out Against Updated US EV Incentives Mercedes CEO Ola Källenius has warned against protectionistic side effects of the American Inflation Reduction Act. InsideEVs · Feb 20, 2023
2 Stocks That Could Help You Sleep Peacefully No Matter What the Market Does With strong job growth, unexpected inflation, and robust retail sales, the Fed’s tight monetary policy could stay in place for some time. Amid volatilities and anxiety soaring, fundamentally strong stocks Johnson & Johnson (JNJ) and Cisco Systems (CSCO) might be solid portfolio additions now. Read on…. StockNews.com · Feb 20, 2023
3 Recession-Resistant Stocks to Buy Right Now The latest inflation trend and a strong labor market have raised the prospect of progressive interest rate hikes. Therefore, the likelihood of a Fed-induced recession has increased. Amid this backdrop, it could be wise to invest in fundamentally sound stocks Walmart (WMT), US Foods (USFD), and American Vanguard (AVD), which… StockNews.com · Feb 20, 2023
Govt taking steps to control inflation, will continue to focus on it: Nirmala Sitharaman JAIPUR: Union finance minister Nirmala Sitharaman on Monday said that the government is taking a lot of steps to control inflation and will continue to focus on it. The Times of India · Feb 20, 2023
UK’s taste for takeaways slides as eating out returns and food prices rise Pressure on restaurant margins as customer behaviour shifts and inflation eats into costs The Guardian - UK · Feb 20, 2023
Iran’s Currency Falls to Record Low as Sanctions to Continue Iran's troubled currency broke below the psychologically key level of 500,000 rial per US dollar on Monday, as market participants saw no end in sight to sanctions. The Iranian rial plummeted to a new record low of 501,300 against the US dollar, according to Bonbast.com which gathers live data from… Asharq Al-Awsat · Feb 20, 2023
Asharq Al-Awsat · Feb 20, 2023 IOGP Looks Forward to Working with OPEC to Ensure Global Energy Security For three years now, energy security has been the most prevalent issue for the global economy. The world blames the high prices of oil and gas and accuses the sector of causing record-high inflation rates. Curbing high inflation requires increasing interest rates, which drags the global economy toward recession. Governments…
Liverpool Echo · Feb 20, 2023 Energy bills, council tax and everything that will cost more in April Millions of households will be hit by price hikes this spring
Manchester Evening News · Feb 20, 2023 Cost of multi-million pound town centre redevelopment still could change due to inflation Costs of the Galleries regeneration project is still under the microscope
France 24 · Feb 20, 2023 Pro-Russia protesters take to streets in Moldova to denounce new government Several thousand protesters rallied in Moldova’s capital Sunday to demand that the country's new pro-Western government fully cover citizens' winter heating bills amid a cost-of-living crisis and skyrocketing inflation.
The Independent UK · Feb 20, 2023 Asian shares mostly higher as inflation worries dog Wall St Shares are mostly higher in Asia after Wall Street closed out another bumpy week with a mixed performance
Bangkok Post · Feb 19, 2023 Gold outlook remains plated in mystery Gold is perceived as a safe-haven asset, a long-term investment and a hedge against uncertainty in the global economy and geopolitics.
Bangkok Post · Feb 19, 2023 War economy The world's economy and businesses have suffered from the Russia-Ukraine war over the past year, hamstrung by high energy prices, inflationary pressure and logistics disruptions.
ABC News · Feb 19, 2023 Chalmers promises 'different approach' to super, with big balances in the spotlight; profits drive ASX — as it happened The treasurer flags a potential superannuation overhaul, with those holding multi-million-dollar balances potentially in the spotlight. Meanwhile, profit results drive mixed fortunes on the ASX.
The Independent UK · Feb 19, 2023 Rishi Sunak rejects calls by senior Tories to scrap corporation tax hike Prime minister is facing a Budget rebellion over the policy, which is central to his plans to tame inflation
The New Daily · Feb 19, 2023 Alan Kohler: RBA defence of interest-rate mallet highlights the truth about inequality The first thing is that inequality is worsened by the responses to both low inflation and high inflation; it’s a lose/lose.
The Independent UK · Feb 19, 2023 Moldova protesters want energy subsidies, president to quit Several thousand protesters have rallied in Moldova’s capital to demand that the country’s new pro-Western government fully cover citizens’ winter heating bills amid a cost-of-living crisis and skyrocketing inflation