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The Latest Breaking News from Inflation

Strikes, inflation, slump... back to the 70s? More like the unwinding of Thatcherism

The current economic crisis might finally usher in a more equitable social model

The Guardian - UK

Cost of living crisis 2022: How to cope with the rise in prices

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

The Independent UK

Teaching and NHS unions warn of strike action unless government improves pay offers

General sectretary of teaching union says it ‘cannot avoid ballot’ without significant pay increase

The Independent UK

From analysis to the latest developments in health,
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Inflation pressures push Gold Coast business owners to raise prices

Inflation and the rising cost of living cause chaos for business owners and customers as coffee and vegies become the latest budget-breaking items.

ABC News

RBA's Lowe to expand on outlook views

Reserve Bank governor Philip Lowe will address a conference on Tuesday on Australia's economic outlook and monetary policy.

AAP

Crypto panic as digital assets follow share prices in a downward spiral

In the past week bitcoin has fallen 34% and Celsius has put a hold on withdrawals. Some fear the turmoil is far from over

The Guardian - UK

Thousands march in London to demand action over cost of living crisis

‘Don’t you dare shift the blame for inflation on to working people,’ TUC chief warns Boris Johnson

The Independent UK

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New strike chaos as teachers and NHS staff warn of action over pay

Rail unions set to walk out on Tuesday, as clashes loom over public sector pay offers falling short of inflation

The Guardian - UK

We face a global economic crisis. And no one knows what to do about it

Central banks rode to the rescue of nervous investors for years. But now they are raising rates just as the world economy spirals downwards

The Guardian - UK

Cost of Living march: Protesters take to streets demanding action on skyrocketing prices

Huge crowds took part in the The We Demand Better march in central London this morning, carrying banners reading "cut war not welfare" and "end fuel poverty, insulate homes now"

Daily Mirror

Cost of living crisis 2022: How to cope with the rise in prices

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

The Independent UK

Workers cannot expect pay rises to keep up with soaring cost of living, Treasury warns

Chief Secretary Simon Clarke said pay claims to match inflation will simply push prices even higher

The Independent UK

Thousands march in London over cost of living crisis

Demonstration organised by TUC calls on government to make ‘better deal’ for people struggling to cope with soaring inflation

The Guardian - UK

Stocks Waver, Oil Prices Fall on Recession Fears

Stock markets wobbled and oil prices sank on Friday amid growing fears that inflation-fighting interest rate hikes by central banks could trigger recession. Investors were shaken this week after the US Federal Reserve unleashed its biggest hike in borrowing costs for almost 30 years to tackle red-hot consumer prices, AFP…

Asharq Al-Awsat

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The Times of India

Kolkata: Nightclubs to hike food rates by 15% from July

KOLKATA: Inflation is playing a party pooper. Literally.

ABC News

Australian agricultural land tipped to hold its value amid economic downturn

With whispers of a recession, interest rate hikes, and inflation, many in agriculture believe rural land will hold its value through the tough economic times ahead.

The Independent UK

Treasury issues warning of 1970s-style wage-price spiral

Chief Secretary Simon Clarke said pay claims to match inflation will simply push prices even higher.

Bangkok Post

Choppy week ahead for Thai stocks

The Stock Exchange of Thailand fell more than expected this week and has slipped beyond our support range. The surprisingly weak performance reflected rapid rises in US bond yields following the US Federal Reserve's aggressive 75-basis-point interest rate increase.

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StockNews.com

Is eBay Stock a Buy Under $50?

While the marketplace company eBay Inc. (EBAY) benefitted considerably due to the surge in online shopping during the height of the COVID-19 pandemic; its shares have declined 38.2% year-to-date. In addition, rising inflation, supply chain disruptions, and the return of brick-and-mortar shopping trends have been impacting the company’s growth. So,…

StockNews.com

5 Time-Tested S&P 500 Stocks to Protect Your Portfolio

With the stock market witnessing significant volatility owing to the red-hot inflation and rising recession fears, dividend investing could be a good strategy to ensure a stable income stream. We think time-tested S&P 500 dividend aristocrats, Archer-Daniels-Midland Company (ADM), Coca-Cola (KO), General Dynamics (GD), A. O. Smith Corporation (AOS), and…

WEKU

Russia's Putin lashes out at the U.S. and claims victory over sanctions

The Russian president blamed the U.S. for fostering crises in global relations, food security, inflation and trade. He also said he had no objection to Ukraine's bid to join the European Union.

ABC News

Cryptocurrency price crash a result of inflation, as investors lose their life savings

The financial fate of many Australians will be decided over the next few days, as the price of many cryptocurrencies plunges and one major crypto-lender locks customers out of their own accounts.

The Guardian - UK

Cost-of-living crisis for councils will make levelling up a distant dream

Analysis: after cash injections during Covid, local councils now face a world of precarity and pain

The Guardian - UK

Schools and libraries face huge cuts after soaring costs create £1.7bn shortfall

Exclusive: Emergency council cuts feared across England caused by inflation and higher energy costs

Tribune News Service

The Fed is still struggling to get its story straight

Much as I sympathize with the Federal Reserve as it grapples with an economy in extremely trying circumstances, I believe it could be doing better in one crucial respect: helping financial markets to align their expectations with its thinking.

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