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The Latest Breaking News from Inflation

India faces near-term challenges; better placed to deal with them: Finance ministry report

NEW DELHI: India is facing near-term challenges in managing its fiscal deficit, sustaining economic growth, reining in inflation and containing the current account deficit but the country is relatively better placed to weather these headwinds compared to other nations, the finance ministry said in its monthly economic report.

The Times of India

3 Top-Rated Stocks Still Up More Than 50% In 2022

The prospects of more aggressive interest rate hikes to fight the multi-decade high inflation and the fears of a subsequent recession have put the stock market under immense pressure. However, despite the current market downturn, fundamentally sound stocks RCM Technologies (RCMT), Alpha Metallurgical (AMR), and Urban One (UONEK) are up…

StockNews.com

Central bank decisions and global oil price falls top markets’ weekly agenda

Central bank decisions and global oil price falls top the weekly agenda for financial markets this week. Here are five things to watch.

The New Daily

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In the race to catch up with inflation, the Bank of England lags behind

In greyhound races, the hare always wins. The greyhounds settle for the minor places. Head to Romford and you might catch tonight’s last race, in which Our Boy Walker is scheduled to go head-to-head with, among others, Bubbly Maniac. May the best dog come second.

Evening Standard

As midterm elections loom, chances of victory hinge on health of economy

PITTSBURGH — With inflation the highest it's been since the early 1980s and Americans feeling the pain of a downtrodden economy, Democrats in Pennsylvania — a state with two of the most high-profile races in the country — are hoping to convince voters that they should be an exception to…

Tribune News Service

Public sector workers should expect below inflation pay rises, warns Tory minister

A Treasury Minister claimed that high wage settlements could push inflation even higher as Scottish public sector workers start balloting over pay.

Daily Record

Workers won't get inflation-busting pay hike as biggest rail strike in decades looms

Treasury Minister Simon Clarke said the strike was 'likely' to go ahead but insisted ministers won't get round the table to resolve the dispute over pay and redundancy

Daily Mirror

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Rail strikes will go ahead as RMT leader says government ‘actively prevented settlement to dispute’ – as it happened

General secretary Mick Lynch confirms strike action will proceed, as transport secretary Grant Shapps says rail unions to blame

The Guardian - UK

Protests against Worsening Living Conditions Hit Iran Nationwide

Faced with soaring inflation, Iranians renewed protests and gatherings denouncing deteriorating living conditions at a time when the government of President Ebrahim Raisi insists on pushing onwards with plans to stop subsidizing basic commodities. Retirees and pensioners of the Social Security Organization took to the streets again on Saturday. Protesters…

Asharq Al-Awsat

Republicans exude confidence at Nashville event as midterms loom

Party officials, prominent supporters, lawmakers and Trump took the stage at the ‘Road to Majority’ conference, but were vague on how they would ‘rescue America’

The Guardian - US

Teachers and nurses may join rail workers in next stage of strikes

The railways will be shutting down for three days this week but industrial action could also be taken by teachers and nurses demanding fair pay

Chronicle Live

Teachers threaten strikes unless they receive huge pay rise

Two key education unions have announced they will consider balloting members over industrial action unless significant salary increases are offered

Evening Standard

Britain Set for Biggest Rail Strike in Decades

Britain's railway network this week faces its biggest strike action in more than three decades in a row over pay as soaring inflation erodes earnings. Rail union the RMT has said that more than 50,000 workers will take part in a three-day national strike, coinciding with major events including the…

Asharq Al-Awsat

Market sell-off a 'real downturn' and risk of global recession close to 50-50, analyst warns

The Australian share market has dropped by more than 15 per cent from its record high, sliding closer towards a bear market. Some investors may be tempted to "buy the dip", but analysts say there is "further downside" ahead.

ABC News

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The Independent UK

Asian markets mostly lower ahead of US holiday

Asian markets are mixed in cautious trading ahead of a federal holiday in the U.S. Worries over inflation and risks of a global recession from central bank efforts to bring it under control appeared to outweigh Wall Street's positive close on Friday

Bangkok Post

Philippines' central bank sees series of rate hikes, says incoming governor

MANILA: The Philippine central bank's incoming governor on Monday signalled the prospect of a series of rate hikes this year that could extend up to 2023 to tame inflation.

The New Daily

Early pay rises for thousands of hospitality staff

Thousands of low-paid workers will get their $40 a week wage increase months early, after a decision by one of Australia's biggest employers.

The Guardian - UK

From New Zealand to Nigeria: the global toll of the cost of living crisis

Unsparing inflation across basics from food and energy to housing is pushing millions into poverty, as our correspondents report

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Daily Mirror

Rail strikes: Teachers and nurses may join train workers in next stage of walkouts

Union bosses have warned of potential chaos this week on top of the pandemonium already expected in light of the railways shutting down for three days this week

Bangkok Post

Food crisis to hit nations in second half

A global food shortage is expected to intensify during the third and fourth quarters this year, with the scarcity likely to benefit Thai food exporters, says the Federation of Thai Industries (FTI).

Bangkok Post

Investigating the crypto crash

The value of cryptocurrencies has plunged over recent days, with Bitcoin -- the largest coin by market cap -- sinking to its lowest point since 2020.

Evening Standard

Worst is yet to come for food price rises, warns ex-Sainsbury’s boss

The former CEO of Sainsbury’s has said “the worst is yet to come” for food prices amid fears that “double digit” inflation could last longer than a year.

ABC News

Giving up insurance, choosing meat-free meals and skipping breakfast: What Australians are doing to survive the cost-of-living crisis

The multi-pronged cost of living crisis has spared few Australians from increased financial stress. In response, cash-strapped households have been forced to find new ways to cut back spending.

Tribune News Service

Yellen says high inflation locked in for the rest of 2022

WASHINGTON — Treasury Secretary Janet Yellen said that “unacceptably high” prices are likely to stick with consumers through 2022, and that the U.S. economy is likely to slow down.

The Guardian - UK

Let’s hear it for the silent generation

Brief letters: Not-so-silent seniors | Second homes | PM in Ukraine | Johnson’s ethics | Inflation conundrum

1 … 917 918 919 920

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Kriengkrai Thiennukul

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