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Argentine trucker protest slashes grains delivery, threatening exports and milling
Jun 30, 2022 06:51A truck driver protest in Argentina is threatening to paralyze the country's grains exports, slashing the number of freight vehicles carrying grains to the country's main port on Wednesday.
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G7 unveils $600bn infrastructure plan to rival China's Belt and Road initiative
Jun 28, 2022 06:33The Group of Seven (G7) countries are set to raise $600 billion in funding for advancement projects in the developing world in a move designed to counter China’s Belt and Road Initiative (BRI).
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UK inflation hits 40-year high of 9.1% as food, energy prices surge
Jun 22, 2022 12:17The United Kingdom recorded the highest inflation in the past four decades in May with food prices pushing it up to 9.1 percent, the highest among the Group of Seven (G7) countries.
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Over 20 Italian cities witness protests amid economic worries
Jun 19, 2022 02:06On Saturday, demonstrations were held in more than twenty Italian cities as socio-economic conditions in the country worsen by the day.
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Report: Canada inflation hits four-decade high, worse yet to come
Jun 18, 2022 09:06Canada’s inflation rate has probably hit its highest level in nearly 40 years, with experts warning Canadians to be prepared as it gets worse.
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Eurozone inflation hits another record high as food and energy prices soar
May 31, 2022 08:07Prices in the eurozone touched another record high in May, challenging the European Central Bank's view that gradual interest rate increases from July will be enough to stem the soaring inflation.
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Wheat-laden trucks, ships stranded at Indian port after export ban
May 17, 2022 07:22Hundreds of thousands of tonnes of wheat were stranded at a major port in India on Tuesday after New Delhi's surprise ban on exports over inflation and food security worries.
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Americans of all political affiliations say US' economic conditions are poor: Poll
May 06, 2022 06:10A new poll shows that only less than a quarter of Americans say they believe the state of the economy is somewhat good.
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US trade deficit hits a new record as imports sharply outpace exports
May 04, 2022 11:15The US trade deficit hit a new record of $109.8 billion in March fueled by strong demand for computers, vehicles, and oil, according to a report by the US Census Bureau released on Wednesday.
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Sri Lanka says World Bank agrees to provide $600 million in financial aid
Apr 27, 2022 07:32The World Bank has agreed to provide Sri Lanka with $600 million in financial assistance to help meet payment requirements for essential imports, the Sri Lankan president’s media division said in a statement on Tuesday.