Even if it is predicted that the United Kingdom will not enter a recession this year, the nation’s economy is projected to be difficult. The recovery has been hindered by the energy price shock brought on by Russia's war in Ukraine.The Intranational...

Pakistan's headline inflation persisted at 27.4 percent year-on-year in August, official data showed, as a tumbling rupee and soaring bills blamed on an IMF bailout package hampered government efforts to rein in prices.Pakistan was on the brink of de...

Germany's economy stagnated in the second quarter, final official data confirmed Friday, adding to a bleak outlook as the country battles an industrial slowdown and stubborn inflation.Europe's biggest economy registered zero growth from April to June...

Markets mostly rose Wednesday with traders battling to maintain momentum from the previous day's much-needed rally as they contemplate an extended period of elevated interest rates.Sentiment has taken a hit in recent weeks owing to a spike in US Trea...

Stock markets wavered Friday after US data showed bigger-than-expected rise in wholesale inflation and traders weighed the likelihood of more interest-rate hikes this year.Wholesale prices in the United States picked up in July on a surge in services...

Employees at the British Broadcasting Corporation (BBC)office in Cairo went on strike on June 14, announcing their protest against the British entity’s policy of paying the staff in the local Egyptian currency despite the inflation striking the count...

Major stock markets dropped on Thursday as investors assessed fresh US inflation data, the financial health of a regional bank and another UK interest rate hike.Wall Street's main indices ended the day mostly lower, as regional lenders again came und...

Pakistan's year-on-year inflation hit 35.37 percent in March -- the highest in nearly five decades -- as the government scrambled to meet International Monetary Fund (IMF) conditions to unlock a desperately needed bailout.Month-on-month inflation was...

Food prices in Egypt are soaring as a result of the country’s weak economy and shortage of hard currency, leading many people in the low and middle-income classes to turn away from animal-based food, prices of which have doubled in just one year, and...

Wall Street stocks finished an ugly session decisively lower Friday after another round of hot inflation data exacerbated worries over monetary policy.The Federal Reserve's preferred gauge of inflation, the personal consumption expenditures price ind...

By AFPAs Sudan's economic crisis drags on, grocer Hassan Omar keeps busy cleaning packaged food items that have been gathering dust for months as his dwindling customer base make fewer purchases."People can no longer afford to buy all their needs," O...

A key indicator of US inflation eased in December as spending dipped, according to government data released Friday, opening the door to smaller interest rate hikes as efforts to cool the economy ripple through sectors.The Federal Reserve has hiked th...