The Latest Breaking News from Inflation

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 · Jun 20, 2022

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 · Jun 20, 2022

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 · Jun 20, 2022

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

Daily Mirror · Jun 19, 2022

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.

Bangkok Post · Jun 19, 2022

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 · Jun 19, 2022

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.

Evening Standard · Jun 19, 2022

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.

ABC News · Jun 19, 2022

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.

Tribune News Service · Jun 19, 2022

Let’s hear it for the silent generation

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

The Guardian - UK · Jun 19, 2022