Pakistan warns flood damage will exceed $10 billion
Pakistan’s foreign minister made an urgent call for international aid, with the death toll from historic flooding across the country expected to rise in the coming days. Already reeling from…
Euro zone inflation hits another record of 9.1% as food and energy prices soar
Inflation continues to hit new records just as the European Central Bank mulls another large interest rate hike for next month. NurPhoto / Contributor / Getty Images Euro zone inflation…
Iraq’s political turmoil poses risk to oil markets, says analysts
Supporters of Iraqi cleric Muqtada al-Sadr clash with security forces at Green Zone after Sadr supporters stormed the presidential palace in Baghdad, Iraq, on Aug. 30, 2022. The move came…
Europe’s extreme weather risks smaller harvests and higher food prices
British farmers have warned that the country’s hot and dry conditions will inevitably lead to smaller harvests this year. Planet One Images | Universal Images Group | Getty Images In…
Sony raises price of PlayStation 5 console due to soaring inflation
In this photo illustration a PlayStation 5 logo seen displayed on a smartphone. Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images Sony on Thursday raised the recommended retail…
Nobel prize winner Phelps says U.S. needs 1950s-style productivity boom
The U.S. needs to return to the kind of economic and productivity growth it saw in mid-20th century to boost public spirits, according to a Nobel Prize-winning economist. “We badly…
Russia influence at risk as voters head to the polls
Angola’s President Joao Manuel Goncalves Lourenco (L) speaks to Russian President Vladimir Putin during their meeting at the Kremlin in Moscow on April 4, 2019. Lourenco’s MPLA has long maintained…
What took place after the UAE modified its paintings week
The United Arab Emirates shifted its operating week originally of 2022 to raised align with the remainder of the sector. The executive’s intention used to be to beef up the…
How to grasp the financial system is in a droop
If the recession debate turns out a little complicated to you, you are no longer the one one. Gross domestic product has declined in back-to-back quarters this year, which is…
U.S.-China tensions aren’t serving to Biden in inflation combat, economist says
Tensions between the U.S. and China aren’t serving to President Joe Biden’s efforts to keep an eye on inflation, economist Jeffrey Sachs advised CNBC’s “Street Signs Asia.” Sachs, a Columbia…