Inflation News
‘Limited options’ for many Iranians as war with US chokes economy
TEHRAN, Iran – The streets of Tehran buzz with an undercurrent of desperation. Months of intense conflict with the United States, coupled with a suffocating naval blockade, have plunged the…
Oil prices hit $100 for the first time since May
Global oil prices have, for the first time since May, shattered the $100-a-barrel mark, a dramatic surge igniting renewed anxieties over the…
Canada’s inflation hits 29-month high amid heightened oil prices
The specter of rising prices looms large over Canadian households, as Canadian inflation soared to an alarming 29-month high in May, reaching…
Navigating India’s Economic Crisis: A Call for Structural Reforms and Consumer Resilience | News18
A recent animated debate among financial pundits has spotlighted India’s Economic Crisis, revealing a complex web of challenges threatening the nation’s stability.…
Bank of Canada holds interest rate steady as Iran energy shock drags on
OTTAWA – In a widely anticipated move, the Bank of Canada announced Wednesday it would maintain its benchmark interest rate at 2.25…
What happens if oil breaches US$150 a barrel? BMO report lays out warning
The global economy braces for a potential seismic shift. Economists are issuing stark warnings: should Brent crude, the international benchmark for oil,…