Economy

Greece’s economy is projected to grow at a slower pace next year after a strong rebound this year thanks to tourism, as soaring energy costs and higher inflation are expected…

Turkish annual inflation climbed to a new 24-year high of 83.45% in September, below forecast according to official data on Monday, after the central bank surprised markets by cutting rates…

Rising interest rates and a rapidly appreciating currency are exporting the US inflation problem and threaten to send the rest of the global economy into recession as other central banks…

British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she should have done more to “lay the ground” for an economic plan…

Sterling tumbled against the dollar on Wednesday before paring some losses after the Bank of England (BOE) said it would step in to prop up the gilt market, and the…

Rock-bottom investor confidence in Britain will only recover with a U-turn of the economic plan announced last week by finance minister Kwasi Kwarteng, US economist Larry Summers and J.P. Morgan…

The Minister of Power, Engr. Abubakar D. Aliyu, has stated that Energy is one of the most important inputs for economic development as the use of energy drives productivity. Adding…

British government bond yields surged by the most in a day in over three decades on Friday, the pound slid to a fresh 37-year trough against the dollar and stocks…

The Turkish lira sank to a fresh record low on Thursday after the central bank delivered yet another surprise interest rate cut, this time of 100 basis points. The CBRT…

The downturn in German business activity deepened in September, a preliminary survey showed on Friday, as higher energy costs hit Europe’s largest economy and companies saw a drop in new…